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QQXT vs QQQM

First Trust NASDAQ-100 Ex-Technology Sector Index Fund vs Invesco NASDAQ 100 ETF

QQXT

First Trust NASDAQ-100 Ex-Technology Sector Index Fund

Annual cost

0.57%

Fund size

$179M

QQQM

Invesco NASDAQ 100 ETF

Annual cost

0.15%

Fund size

$82.9B

Key differences

  • QQQM costs 0.42% less per year.
  • QQQM is significantly larger than QQXT — larger funds tend to be more liquid and less likely to close.
  • Over the last 3 years, QQQM has delivered higher annualized returns.
  • QQXT has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

QQXTQQQM
Annual cost (TER)0.57%0.15%
Fund size (AUM)$179M$82.9B
Since20072020
Dividend yield1.21%0.46%
Asset classequityequity
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y+2.8%+44.0%
CAGR 3Y+7.7%+30.3%
CAGR 5Y+4.9%+18.5%
Sharpe 3Y0.361.27
Volatility 1Y10.92%16.06%
Max drawdown-30.40%-35.04%

Similar to QQXT and QQQM