QQQMvsXLKETF Comparison
VS
Invesco NASDAQ 100 ETF (QQQM) belongs to the US Large Cap segment. State Street Technology Select Sector SPDR ETF (XLK) is part of the US Info. Technology segment. QQQM's top 3 sector exposures are Technology, Consumer Non-Cyclicals and Consumer Cyclicals. In contrast, XLK's top sector exposures are Technology, Business Services and Non-Energy Materials. QQQM is more expensive with a Total Expense Ratio (TER) of 0.15%, versus 0.08% for XLK. QQQM is up 16.45% year-to-date (YTD) with +$15.99B in YTD flows. XLK performs better with 25.81% YTD performance, and +$825M in YTD flows. Run a side-by-side ETF comparison of QQQM and XLK below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
Find out how industry players manage ETF portfolios. Discover our library of Model portfolios
QQQM vs XLK performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 07/02/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | QQQM XLK | -4.29%-8.73% | +22.11%+33.00% | +16.45%+25.81% | +30.18%+43.15% | +96.40%+112.45% | +105.64%+150.25% |
| Flows | QQQM XLK | +$4.50B-$1.03B | +$12.85B+$2.14B | +$15.99B+$825M | +$26.56B+$2.24B | +$54.27B+$8.26B | +$65.58B+$8.51B |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | QQQM XLK | +23.48%+32.22% | +18.32%+24.15% | +20.29%+24.59% | +22.96%+25.63% |
| Max drawdown | QQQM XLK | -6.99%-10.94% | -11.91%-15.92% | -22.82%-25.74% | -35.09%-33.57% |
| Max drawdown duration | QQQM XLK | 30d30d | 167d168d | 124d113d | 714d534d |
Trading data
QQQM | XLK | |
Last sale 7/2/2026 at 1:30 PM | $293.42 | $180.59 |
| Previous close 07/02/2026 | $298.61 | $185.62 |
| Consolidated volume 07/02/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Replication quality
Data as of June 30, 2026
1-year trailing difference
Create an account to view replication metrics
Join for free
QQQM | XLK | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
Advertisement
Main metrics
Last update 7/2/2026 at 1:30 PM
Live
Closed
QQQM | XLK | |
|---|---|---|
| Last price | $293.42 | $180.59 |
| 1D performance | -1.74% | -2.71% |
| AuM | $98.40 B | $117.49 B |
| E/R | 0.15% | 0.08% |
Characteristics
QQQM | XLK | |
|---|---|---|
| Management strategy | Passive | Passive |
| Provider | Invesco | State Street Investment Management |
| Benchmark | NASDAQ-100 Index | S&P Technology Select Sector Index |
| N° of holdings | 100 | 73 |
| Asset class | Equities | Equities |
| Trailing 12m distribution yield | Join | Join |
| Inception date | October 13, 2020 | December 16, 1998 |
| ESG | No | No |
Advertisement
Exposure
Countries
QQQM
USA
95.94%
Other
4.06%
XLK
USA
98.31%
Other
1.69%
Sectors
QQQM
Technology
68.36%
Consumer Non-Cycl.
12.26%
Other
19.39%
XLK
Technology
95.86%
Other
4.14%
Advertisement
Diversification
QQQM
Total weight of top 15 holdings out of 15
59.66%
XLK
Total weight of top 15 holdings out of 15
71.35%
Top 15 holdings
Data as of May 31, 2026
QQQM
NVIDIA Corp.
8.31%
Apple, Inc.
7.32%
Microsoft Corp.
5.06%
Amazon.com, Inc.
4.70%
Micron Technology, Inc.
4.58%
Advanced Micro Devices, Inc.
3.72%
Alphabet, Inc.
3.63%
Tesla, Inc.
3.52%
Alphabet, Inc.
3.35%
Broadcom Inc.
3.23%
Meta Platforms, Inc.
2.99%
Intel Corp.
2.66%
Walmart, Inc.
2.56%
Cisco Systems, Inc.
2.07%
Costco Wholesale Corp.
1.95%
XLK
NVIDIA Corp.
13.07%
Apple, Inc.
11.67%
Microsoft Corp.
8.52%
Micron Technology, Inc.
6.78%
Broadcom Inc.
5.40%
Advanced Micro Devices, Inc.
5.22%
Intel Corp.
3.34%
Cisco Systems, Inc.
2.95%
Lam Research Corp.
2.47%
Oracle Corp.
2.38%
Palantir Technologies, Inc.
2.22%
Applied Materials, Inc.
2.22%
International Business Machines Corp.
1.73%
Texas Instruments Incorporated
1.72%
QUALCOMM, Inc.
1.66%
Frequently asked questions about QQQM and XLK
How have the QQQM and XLK ETFs performed in 2026?
As of July 2, 2026, QQQM is up 16.45% year-to-date (YTD), while XLK has returned 25.81%. That puts XLK better performer ahead so far this year.
Which ETF is attracting more investor money: QQQM or XLK?
Year-to-date, the QQQM ETF saw +$15.99B in flows, compared to +$825M for XLK.
Which ETF is more volatile: QQQM or XLK?
Over the past year, QQQM had a volatility of 18.32%, while XLK experienced 24.15%.
Which ETF is bigger: QQQM or XLK?
As of July 2, 2026, QQQM holds $98.40 B in assets under management (AUM), while XLK manages $117.49 B.
What sectors do the QQQM and XLK ETFs invest in?
QQQM leans toward sectors like Technology and Consumer Non-Cyclicals. Meanwhile, XLK focuses on Technology.
What are the top holdings of the QQQM ETF and XLK ETF?
QQQM top holdings include NVIDIA Corp., Apple, Inc. and Microsoft Corp.. XLK holds in its top three: NVIDIA Corp., Apple, Inc. and Microsoft Corp..
Which ETF is more diversified: QQQM or XLK?
QQQM holds 101 securities with 59.66% of its assets in the top 15. XLK has 73 securities and a top 15 weight of 71.35%.
Advertisement
Latest news about QQQM & XLK
The Fastest Growing and Shrinking ETFs of 2025 So Far
February 5, 2025
QQQM
Three Things You Need to Know Before Investing in a Passive ETF
December 27, 2024
XLK
Advertisement
ETF Deep Dive: iShares Expanded Tech Sector ETF (IGM)
July 12, 2024
XLK
Tech ETFs Surge, Led by Nvidia’s Outstanding Performance
June 17, 2024
XLK
Advertisement
