Overview
The buy-and-hold version of QQQ: identical Nasdaq-100 exposure at 0.15% instead of 0.20%, launched in 2020 specifically for long-term investors rather than traders.
Top Holdings
| Ticker | Holding | Weight |
|---|---|---|
| NVDA | NVIDIA Corporation | 9.2% |
| AAPL | Apple Inc. | 8.4% |
| MSFT | Microsoft Corp. | 8.1% |
| AMZN | Amazon.com Inc. | 5.4% |
| AVGO | Broadcom Inc. | 4.6% |
| META | Meta Platforms | 3.8% |
| GOOGL | Alphabet Class A | 2.7% |
| TSLA | Tesla Inc. | 2.6% |
| GOOG | Alphabet Class C | 2.5% |
| COST | Costco Wholesale | 2.2% |
Fund Details
Investment Thesis
Invesco created QQQM because QQQ's structure and fee were built for traders, not holders. Same hundred companies, same weights, same rebalances — but 5 basis points cheaper and with a share price about 40% of QQQ's, which suits monthly accumulation. For anyone holding Nasdaq-100 exposure for years rather than hours, QQQM is simply the better wrapper; QQQ's only advantage is its enormous options and intraday liquidity.
Who It's For
Long-term growth investors who want concentrated exposure to the Nasdaq's mega-cap innovators without paying QQQ's trader premium. Pairs with a total-market or value fund to balance its heavy technology concentration.
10-Year History
| Year | Close | % Chg |
|---|---|---|
| 2016 | -- | -- |
| 2017 | -- | -- |
| 2018 | -- | -- |
| 2019 | -- | -- |
| 2020 | $127.41 | -- |
| 2021 | $162.33 | +27.4% |
| 2022 | $109.41 | -32.6% |
| 2023 | $169.36 | +54.8% |
| 2024 | $212.55 | +25.5% |
| 2025 | $255.27 | +20.1% |
| Year | Yield |
|---|---|
| 2016 | -- |
| 2017 | -- |
| 2018 | -- |
| 2019 | -- |
| 2020 | 0.61% |
| 2021 | 0.63% |
| 2022 | 0.58% |
| 2023 | 0.59% |
| 2024 | 0.54% |
| 2025 | 0.54% |
| Year | AUM | % Chg |
|---|---|---|
| 2016 | -- | -- |
| 2017 | -- | -- |
| 2018 | -- | -- |
| 2019 | -- | -- |
| 2020 | $4.0B | -- |
| 2021 | $6.8B | +70.0% |
| 2022 | $12B | +76.5% |
| 2023 | $20B | +66.7% |
| 2024 | $34B | +70.0% |
| 2025 | $58B | +70.6% |
Historical figures are ETFHub estimates modelled from asset-class return patterns and may differ from official fund records. Data as of August 2026.
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