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QTEC vs QQQM

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

QTEC

First Trust NASDAQ-100-Technology Sector Index Fund

Annual cost

0.55%

Fund size

$3.1B

QQQM

Invesco NASDAQ 100 ETF

Annual cost

0.15%

Fund size

$82.9B

Key differences

  • QQQM costs 0.40% less per year.
  • QQQM is significantly larger than QTEC — larger funds tend to be more liquid and less likely to close.
  • Over the last 3 years, QTEC has delivered higher annualized returns.
  • QTEC has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

QTECQQQM
Annual cost (TER)0.55%0.15%
Fund size (AUM)$3.1B$82.9B
Since20062020
Dividend yield0.00%0.46%
Asset classequityequity
Regionnorth americanorth america
Strategyindex trackingindex tracking
CAGR 1Y+60.9%+44.0%
CAGR 3Y+32.8%+30.3%
CAGR 5Y+17.1%+18.5%
Sharpe 3Y1.081.27
Volatility 1Y22.83%16.06%
Max drawdown-45.54%-35.04%

Similar to QTEC and QQQM