What is the difference between QQQM and QQQ ETF?

QQQM and QQQ are both ETFs that track the NASDAQ 100 Index, but there are some differences between them: 1. **Investment Objective**: Both ETFs have the same investment objective, which is to track a modified-market-cap-weighted index of 100 NASDAQ-listed stocks. 2. **Strategy**: QQQ uses an exchange-specific strategy, while QQM is passively managed to track the same index but excludes financial stocks. 3. **Holdings**: Both ETFs have the same holdings, with the top three stocks being NVIDIA Corp, Apple Inc, and Microsoft Corp, but the weightings are slightly different. QQQ has a holding weight of 8.75% for NVIDIA, 7.51% for Apple, and 5.89% for Microsoft, while QQM has a holding weight of 8.75% for NVIDIA, 7.51% for Apple, and 5.89% for Microsoft, excluding financial stocks. 4. **Performance**: The performance of QQQ and QQM on the trading date of March 11, 2026, was -0.01% for QQQ and -0.02% for QQM. In conclusion, the main difference between QQQM and QQQ ETF is that QQQM excludes financial stocks from its holdings, while QQQ includes them. Investors should consider their investment strategy and risk tolerance when choosing between the two ETFs.