ETF Comparison
QQQM vs ONEQ: Which Is the Better Pick in 2026?
A head-to-head comparison of Invesco NASDAQ 100 ETF and Fidelity Nasdaq Composite Index ETF covering yield, cost, risk, and income potential.
Data updated April 5, 2026
Side-by-side snapshot
| QQQM | ONEQ | |
|---|---|---|
| Full name | Invesco NASDAQ 100 ETF | Fidelity Nasdaq Composite Index ETF |
| Issuer | Invesco | Fidelity Investments |
| Price | $240.57 | $85.92 |
| Distribution yield | 0.50% | 0.55% |
| Expense ratio | 0.15% | 0.21% |
| AUM | $70.7B | $9.0B |
| Distribution frequency | Quarterly | Quarterly |
| Underlying index | NASDAQ-100 Index | Nasdaq Composite Index |
| Objective | Track the NASDAQ-100 Index with a lower expense ratio alternative to QQQ. | Track the Nasdaq Composite Index, providing broad exposure to all Nasdaq-listed stocks including large, mid, and small cap companies. |
| Asset class | Equity | Equity |
| Inception date | 10/13/2020 | 09/25/2003 |
| Beta | 1.15 | 1.22 |
| Last dividend | $0.33 | $0.11 |
| Ex-dividend date | 03/23/2026 | 03/20/2026 |
Visual comparison
Key metrics
Projected income on $10K
Projections assume the current yield and share price remain constant. Actual results will vary.
Quick verdict
QQQM (Invesco NASDAQ 100 ETF) and ONEQ (Fidelity Nasdaq Composite Index ETF) are both popular quarterly-pay track the nasdaq-100 index with a lower expense ratio alternative to qqq. ETFs, but they take different approaches.
ONEQ offers the higher yield at 0.55% vs 0.50% for QQQM. A higher yield means more current income per dollar invested, though it may come with different risk characteristics.
QQQM is cheaper with an expense ratio of 0.15% compared to 0.21%.
They track different benchmarks: QQQM is linked to NASDAQ-100 Index while ONEQ tracks Nasdaq Composite Index, which means their performance drivers differ.
QQQM is the larger fund by assets ($70.7B), which generally means tighter spreads and better liquidity.
Deep dive
Yield & income
On a $10,000 investment, QQQM would generate roughly $4.17/month while ONEQ would produce $4.58/month at current distribution rates. Both pay quarterly distributions.
Cost & efficiency
Over 10 years on $10,000, QQQM would cost approximately $150 in fees vs $210 for ONEQ (simplified, not compounded). The $60.00 difference may be offset by yield or performance.
Strategy & risk
QQQM tracks NASDAQ-100 Index with a track the nasdaq-100 index with a lower expense ratio alternative to qqq. approach, while ONEQ tracks Nasdaq Composite Index using a track the nasdaq composite index, providing broad exposure to all nasdaq-listed stocks including large, mid, and small cap companies. strategy. Beta is 1.15 for QQQM and 1.22 for ONEQ, indicating QQQM is less volatile relative to the market.
Fund details
QQQM is managed by Invesco (launched 10/13/2020) with $70.7B in assets. ONEQ is managed by Fidelity Investments (launched 09/25/2003) with $9.0B in assets.
Income calculator
See how much monthly income a hypothetical investment would generate in each ETF at current yields.
Frequently asked questions
Is QQQM or ONEQ better for dividend income?
It depends on your goals. ONEQ currently offers the higher distribution yield, which means more income per dollar invested. However, a lower-yield fund may offer better total return or lower volatility. Consider your time horizon and risk tolerance.
What is the difference between QQQM and ONEQ?
QQQM (Invesco NASDAQ 100 ETF) tracks NASDAQ-100 Index with a track the nasdaq-100 index with a lower expense ratio alternative to qqq. strategy, while ONEQ (Fidelity Nasdaq Composite Index ETF) tracks Nasdaq Composite Index with a track the nasdaq composite index, providing broad exposure to all nasdaq-listed stocks including large, mid, and small cap companies. approach. They are issued by Invesco and Fidelity Investments respectively.
Can I hold both QQQM and ONEQ?
Yes. Many income investors hold both to diversify across different strategies and underlying indexes. This can reduce concentration risk while maintaining a strong income stream.
Which has lower fees, QQQM or ONEQ?
QQQM has an expense ratio of 0.15% while ONEQ charges 0.21%. Lower fees mean more of your investment returns stay in your pocket over time.
How much income does $10,000 in QQQM vs ONEQ generate?
At current yields, $10,000 in QQQM would generate roughly $4.17 per month ($50.00 annually). The same in ONEQ would produce about $4.58 per month ($55.00 annually).
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