ETF Comparison

QQQM vs VOO: Which Is the Better Pick in 2026?

A head-to-head comparison of Invesco NASDAQ 100 ETF and Vanguard S&P 500 ETF covering yield, cost, risk, and income potential.

Data updated May 20, 2026

Invesco

ETFs13

Total AUM$657.4B

ETFs and AUM reflect what Dividend Vision tracks — the issuer's full lineup may be larger.

Invesco is a major asset manager recognized for developing innovative ETF solutions across diverse investment strategies. Their fund lineup focuses primarily on income generation, offering investors options that emphasize dividend yield and regular distributions. With a portfolio of four ETFs including popular tickers like PRF (Preferred Stock ETF) and QQQM (Nasdaq-100 ETF), Invesco serves both income-focused and growth-oriented investors seeking streamlined exposure to specific market segments.

See our curated list of related YouTube videos on QQQM.

See all Invesco ETFs

Vanguard

ETFs48

Total AUM$11763.3B

ETFs and AUM reflect what Dividend Vision tracks — the issuer's full lineup may be larger.

Vanguard is known for offering low-cost, passively managed ETFs that serve as core portfolio holdings for individual investors. Their fund lineup emphasizes core equity exposure and dividend income strategies, with offerings spanning domestic growth (VGT, VUG), broad market indices (VOO), dividend-focused portfolios (VYM, VIG), and international high dividend yield opportunities (VONG, VYMI). The issuer's seven funds are characterized by expense ratios among the industry's lowest and a focus on long-term, buy-and-hold investors seeking diversified equity exposure.

See our curated list of related YouTube videos on VOO.

See all Vanguard ETFs

Side-by-side snapshot

	QQQM	VOO
Full name	Invesco NASDAQ 100 ETF	Vanguard S&P 500 ETF
Issuer	Invesco	Vanguard
Last Close	$290.63 as of May 20, 2026	$678.91 as of May 20, 2026
Distribution yield	0.44%	1.04%
Expense ratio	0.15%	0.03%
AUM	$82.9B	$1600.2B
Distribution frequency	Quarterly	Quarterly
Underlying index	NASDAQ-100 Index	S&P 500 Index
Objective	Track the NASDAQ-100 Index with a lower expense ratio alternative to QQQ.	Track the performance of the S&P 500 Index, representing 500 of the largest U.S. companies.
Asset class	Equity	Equity
Inception date	10/13/2020	09/07/2010
Beta	1.18	1.0
Last dividend	$0.33	$1.87
Ex-dividend date	03/23/2026	03/27/2026

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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 VOO (Vanguard S&P 500 ETF) are both quarterly-pay dividend ETFs, but they take different approaches.

VOO offers the higher yield at 1.04% vs 0.44% for QQQM. A higher yield means more current income per dollar invested, though it may come with different risk characteristics.

VOO is cheaper with an expense ratio of 0.03% compared to 0.15%.

They track different benchmarks: QQQM is linked to NASDAQ-100 Index while VOO tracks S&P 500 Index, which means their performance drivers differ.

VOO is the larger fund by assets ($1600.2B), which generally means tighter spreads and better liquidity.

Deep dive

Yield & income

On a $10,000 investment, QQQM would generate roughly $3.67/month, while VOO would produce $8.67/month, at current distribution rates. Both pay quarterly distributions.

QQQM yield0.44%

VOO yield1.04%

Monthly diff on $10K$5.00

Cost & efficiency

Over 10 years on $10,000, QQQM would cost approximately $150 in fees vs $30 for VOO (simplified, not compounded). The $120.00 difference may be offset by yield or performance.

QQQM ER0.15%

VOO ER0.03%

Strategy & risk

QQQM tracks NASDAQ-100 Index with a growth approach, while VOO tracks S&P 500 Index using a large cap strategy. Beta is 1.18 for QQQM and 1.0 for VOO, indicating VOO is less volatile relative to the market.

QQQM beta1.18

VOO beta1.0

Fund details

QQQM is managed by Invesco (launched 10/13/2020) with $82.9B in assets. VOO is managed by Vanguard (launched 09/07/2010) with $1600.2B in assets.

QQQM AUM$82.9B

VOO AUM$1600.2B

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Frequently asked questions

Is QQQM or VOO better for dividend income?

It depends on your goals. VOO 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 VOO?

QQQM (Invesco NASDAQ 100 ETF) tracks NASDAQ-100 Index with a growth strategy, while VOO (Vanguard S&P 500 ETF) tracks S&P 500 Index with a large cap approach. They are issued by Invesco and Vanguard respectively.

Can I hold both QQQM and VOO?

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 VOO?

QQQM has an expense ratio of 0.15% while VOO charges 0.03%. Lower fees mean more of your investment returns stay in your pocket over time.

How much income does $10,000 in QQQM vs VOO generate?

At current rates, $10,000 in QQQM would generate roughly $3.67 per month ($44.00 annually). The same in VOO would produce about $8.67 per month ($104.00 annually).

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QQQM vs VOO — at a glance

Generated April 2026 from current fund data.

Overview

QQQM and VOO are both low-cost, passive index ETFs designed to track major U.S. equity benchmarks. QQQM follows the NASDAQ-100 (100 largest non-financial stocks, heavy on tech), while VOO tracks the S&P 500 (500 largest U.S. companies across all sectors). The fundamental difference: QQQM tilts toward growth and technology; VOO offers broader market exposure.

How they differ

QQQM is concentrated in the NASDAQ-100, which means it's concentrated in technology, consumer discretionary, and communication services—roughly 40% of the index is tech. VOO owns the full S&P 500, so it includes financials, industrials, energy, healthcare, and utilities, making it far more diversified across sectors and market caps. That structural difference shows up in volatility: QQQM has a beta of 1.11, meaning it swings about 11% harder than the market; VOO's beta is 1.0, tracking the broader market exactly. On yield, VOO pays 1.09% annually versus QQQM's 0.49%, because the S&P 500 includes dividend-paying sectors that NASDAQ-100 underweights. Both charge minimal fees (QQQM at 0.15%, VOO at 0.03%), but VOO's $1.4 trillion in assets dwarfs QQQM's $68.8 billion.

Who each is best for

QQQM: Growth-focused investors comfortable with tech and large-cap concentration, holding periods of 10+ years, and above-average volatility; works well in tax-advantaged accounts or portfolios seeking growth over income.

VOO: Buy-and-hold investors seeking broad market exposure, those prioritizing dividend income and stability, investors who want to match the overall U.S. stock market, and core portfolio builders at any career stage.

Key risks to know

Concentration risk in QQQM: Heavy weighting toward mega-cap tech stocks means sector-specific downturns (e.g., regulatory headwinds, rate sensitivity) can hit harder than a broader index.

Beta mismatch: QQQM's 1.11 beta means it will amplify losses during market declines, potentially deeper drawdowns than VOO during corrections.

Cyclical yield: VOO's higher yield (1.09% vs. 0.49%) reflects its dividend-paying holdings, but yields rise and fall with earnings cycles; QQQM's lower yield reflects tech's reinvestment-focused business model.

Sector rotation risk: VOO benefits from exposure to industrials, energy, and financials during cyclical upswings when tech underperforms; QQQM lacks that ballast.

Bottom line

If you want growth, can tolerate volatility, and believe in tech's long-term dominance, QQQM's focused exposure and slightly lower fees make sense. If you prefer stability, dividend income, and broad diversification across the entire U.S. economy, VOO's lower expense ratio, massive liquidity, and sector balance win. Past performance in either fund does not predict future results.

AI-generated analysis for educational purposes only. Verify important details independently; past performance does not guarantee future results.