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QNXTvsQEWETF Comparison

ETF 1
QNXT

iShares Nasdaq-100 ex Top 30 ETF

This fund is part of
US Large Cap
+1.18%
VS
ETF 2
QEW

Invesco QQQ Equal Weight ETF

This fund is part of
US Large Cap
+1.18%

iShares Nasdaq-100 ex Top 30 ETF (QNXT) and Invesco QQQ Equal Weight ETF (QEW) belong to the same industry segment: US Large Cap. QNXT's top 3 sector exposures are Technology, Healthcare and Consumer Services. In contrast, QEW's top sector exposures are Technology, Consumer Non-Cyclicals and Healthcare. QNXT is less expensive with a Total Expense Ratio (TER) of 0.2%, versus 0.25% for QEW. Run a side-by-side ETF comparison of QNXT and QEW below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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QNXT vs QEW performance and flow charts

Performance

-8.0-6.0-4.0-2.00.0%Aug 17Aug 24Aug 31Sep 8Sep 15

Cumulative Flows

0 M1 M2 M3 M4 M5 M6 MAug 17Aug 24Aug 31Sep 8Sep 15

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Historic performance and flows
Data as of 09/17/2026
1M3MYTD1Y3Y5Y
Perf.
QNXT
QEW
-6.16%-5.12%
-3.32%-1.36%
+10.28%n/a
+13.31%n/a
n/an/a
n/an/a
Flows
QNXT
QEW
+$2M+$6M
+$11M+$3M
+$11M-
+$11M-
--
--
Volatility and drawdown
3M1Y3Y5Y
Volatility
QNXT
QEW
+14.16%+15.08%
+16.20%n/a
n/an/a
n/an/a
Max drawdown
QNXT
QEW
-7.56%-6.45%
-10.19%n/a
n/an/a
n/an/a
Max drawdown duration
QNXT
QEW
35d35d
176dn/a
n/an/a
n/an/a
Trading data

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QNXT
QEW
Last sale
9/17/2026 at 1:30 PM
$30.25
$29.15
Previous close
09/17/2026
$30.00
$28.96
Consolidated volume
09/17/2026
Average volume
30 days
Average discount or premium
30 days
Average Bid/Ask spread
30 days
Replication quality
Data as of August 31, 2026
1-year trailing difference

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QNXT
QEW
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst
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Main metrics
Last update 9/17/2026 at 1:30 PM
Live
Closed
QNXT
QEW
Last price
$30.25
$29.15
1D performance
+0.85%
+0.66%
AuM$29.03 M$26.23 M
E/R0.2%0.25%
Characteristics
QNXT
QEW
Management strategyPassivePassive
ProvideriSharesInvesco
BenchmarkNasdaq- 100 ex Top 30 IndexNASDAQ-100 Equal Weighted Index
N° of holdings72102
Asset class-Equities
Trailing 12m distribution yield
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Inception dateOctober 23, 2024March 18, 2026
ESGNoNo
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Exposure

Countries

QNXT
USA
85.01%
Other
14.99%
QEW
USA
88.12%
Other
11.88%

Sectors

QNXT
Technology
34.87%
Healthcare
15.58%
Consumer Services
10.87%
Consumer Non-Cycl.
10.09%
Industrials
9.96%
Other
18.63%
QEW
Technology
43.22%
Consumer Non-Cycl.
13.09%
Healthcare
9.63%
Industrials
8.13%
Other
25.94%
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Diversification

QNXT

Total weight of top 15 holdings out of 15

38.67%
QEW

Total weight of top 15 holdings out of 15

18.8%

Top 15 holdings

Data as of July 31, 2026
QNXT
Amgen, Inc.
3.94%
Western Digital Corp.
3.46%
Gilead Sciences, Inc.
3.07%
Marvell Technology, Inc.
3.02%
ASML Holding NV
2.85%
Booking Holdings, Inc.
2.82%
Shopify, Inc.
2.81%
Intuitive Surgical, Inc.
2.36%
Vertex Pharmaceuticals, Inc.
2.30%
Starbucks Corp.
2.27%
Fortinet, Inc.
2.13%
Automatic Data Processing, Inc.
1.99%
Arm Holdings Plc
1.93%
Adobe, Inc.
1.89%
Marriott International, Inc.
1.86%
QEW
PayPal Holdings, Inc.
1.35%
Cintas Corp.
1.31%
Paychex, Inc.
1.30%
Roper Technologies, Inc.
1.30%
Automatic Data Processing, Inc.
1.27%
Thomson Reuters Corp.
1.27%
Coca-Cola Europacific Partners plc
1.27%
DoorDash, Inc.
1.26%
PACCAR, Inc.
1.25%
Booking Holdings, Inc.
1.24%
Axon Enterprise, Inc.
1.22%
GE Healthcare Technologies, Inc.
1.19%
Amgen, Inc.
1.19%
The Kraft Heinz Co.
1.19%
Workday, Inc.
1.19%
Frequently asked questions about QNXT and QEW

Which ETF is bigger: QNXT or QEW?

As of September 17, 2026, QNXT holds $29.03 M in assets under management (AUM), while QEW manages $26.23 M.

What sectors do the QNXT and QEW ETFs invest in?

QNXT leans toward sectors like Technology, Healthcare and Consumer Services. Meanwhile, QEW focuses on Technology, Consumer Non-Cyclicals and Healthcare.

What are the top holdings of the QNXT ETF and QEW ETF?

QNXT top holdings include Amgen, Inc., Western Digital Corp. and Gilead Sciences, Inc.. QEW holds in its top three: PayPal Holdings, Inc., Cintas Corp. and Paychex, Inc..

Which ETF is more diversified: QNXT or QEW?

QNXT holds 72 securities with 38.67% of its assets in the top 15. QEW has 103 securities and a top 15 weight of 18.8%.

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