ETFs That Track the Nasdaq-100 in 2026

The Nasdaq-100 tracking category is dominated by market-cap-weighted flagship products, with QQQ and QQQM from Invesco accounting for the vast majority of assets among the funds shown above. These two share the same underlying index but differ in cost structure, while three smaller entrants — QQEW, QQQE, and QNDX — offer alternative weighting or expense approaches. All five funds shown pay distributions quarterly, so there is no frequency differentiation in this category, and the group's low average yield of 0.32% reflects the growth-oriented, technology-heavy nature of the Nasdaq-100 rather than an income focus.

• QQQ holds $485.4B in AUM, dwarfing the combined assets of the other four funds shown above, illustrating extreme AUM concentration in this category.
• Among the funds shown above, QQQE carries the highest yield at 0.62%, while QQEW has the lowest at 0.05%, despite both being equal-weight or alternative-structure variants from different issuers.
• QNDX has the lowest expense ratio in the top 10 here at 0.10%, though its yield is not reported.
• QQEW has the highest expense ratio shown at 0.55%, more than three times that of QQQM at 0.15%, without a corresponding yield advantage.
• QQQM offers a lower expense ratio (0.15%) than QQQ (0.18%) while yielding slightly more (0.48% vs 0.46%), highlighting a cost-efficiency contrast between Invesco's two flagship products.

Investors evaluating this category should note that Nasdaq-100

• Single-index dependence: most funds here are built on the same Nasdaq-100 exposure, so they rise and fall together and share that index's concentration in its largest constituents — holding several of them does not diversify the underlying index risk.
• Distributions are not contractual: each payout is declared period by period, so the yields on this page can fall without notice when portfolio income, option premium, or fund policy changes.
• Methodology divergence: every fund here follows its own index rules or mandate, so two funds with similar headline yields can hold very different portfolios and diverge sharply in a drawdown — category membership is not interchangeability.
• Screens react after the fact: a fund's place in this list is re-rated only once a dividend cut, strategy change, or asset decline has already shown up in the reported data.

"Best" here means the selection rule below, applied to our own data — not an opinion poll and not a prediction:

• Universe: every security in our database matching this category — 5 qualified as of August 2026.
• Exclusions: liquidated, delisted and renamed funds drop out automatically; a renamed fund's successor appears in its place.
• Ordering: assets under management, largest first.
• Cap: none — all 5 matching funds are listed.
• Independence: no placement on this page is paid, sponsored, or influenced by a fund issuer.