QQQM vs VGT: Growth Index vs the Whole Tech Sector
They look similar at the top because the same mega-caps dominate both. Underneath, QQQM is a multi-sector Nasdaq-100 fund and VGT is the entire US technology sector.
QQQM tracks the Nasdaq-100: 101 of the largest non-financial Nasdaq companies, which is tech-heavy but also holds consumer, communication, and healthcare names like Costco, PepsiCo, and Amgen. VGT tracks the US information-technology sector and holds roughly 315 companies, reaching well into mid-cap tech, and it classifies Visa and Mastercard as technology, which QQQM does not hold as tech. So VGT is the broader, purer technology fund by count, while QQQM is a narrower list that spreads across more sectors. On cost, VGT is cheaper at 0.10% versus QQQM at 0.15%. Choose VGT if you want full US technology exposure including mid-caps. Choose QQQM if you want the Nasdaq-100 growth basket rather than a pure sector bet. The deeper question with either is how much single-sector concentration your portfolio can absorb, because both lean heavily on the same handful of mega-cap names.
Both funds trade commission-free at every major brokerage. Where to buy them →
📋 QQQM vs VGT: Key Facts Side by Side
| Metric | QQQM | VGT |
|---|---|---|
| Fund Name | Invesco NASDAQ 100 ETF | Vanguard Information Technology Index Fund ETF Shares |
| Issuer | Invesco | Vanguard |
| Tracks Index | Nasdaq-100 | MSCI US IMI Information Technology 25/50 |
| Expense Ratio | 0.15% | 0.10% ✓ |
| Cost per $10K/yr | $15.00 | $10.00 |
| AUM | $104.4B | $170.7B |
| Holdings | 101 | 315 |
| Inception | 2020 | 2004 |
| 1-Year Return | +24.36% | +35.58% |
| 3-Year Return | +28.25% | +34.93% |
| 5-Year Return | +15.46% | +19.66% |
| Dividend Yield | 0.44% | 0.36% |
| Holdings Overlap | See holdings overlap → | |
| Avg Bid-Ask Spread | 1.00% | 1.00% |
Expense ratio, AUM, and returns updated Sep 28, 2026 from ETF BFF database. Returns are annualised. Not investment advice.
You just compared two funds. Get the next one figured out for you.
One clear ETF breakdown in your inbox every week: fees, holdings, and the honest verdict. Free.
One email a week · No spam, unsubscribe anytime
📊 QQQM vs VGT: Annualised Returns
Annualised returns (trailing, price-based). Past performance does not guarantee future results.
🎯 Which Fund Fits Which Investor?
- want tech-heavy large-cap growth exposure via Nasdaq-100
- already use Invesco and prefer staying within one fund family
- want the lowest fees: saves ~$5/yr per $10K vs QQQM
- want broader diversification (315 holdings vs 101)
💰 What the Fee Difference Actually Costs
Adjust the numbers for your situation. This models each fund's expense ratio compounding against your balance over time.
Assumes a constant annual return reinvested, with each fund's expense ratio deducted yearly. Illustrative only; actual returns vary. Past performance does not guarantee future results.
⚙️ Want the Full Interactive Comparison?
Side-by-side holdings overlap, sector breakdown, and live performance tabs, all in one place.
Run Full QQQM vs VGT Comparison → Free · No signup · Instant results❓ QQQM vs VGT: Frequently Asked Questions
New to ETF investing? See answers to the most common ETF questions →