QQQM: A Comprehensive Look at Invesco NASDAQ 100 ETF's Performance, Risks, and Holdings

The Invesco NASDAQ 100 ETF (QQQM) is a passively managed ETF that tracks the Large Cap Growth segment of the US equity market. With over $56.89 billion in assets, it's one of the largest ETFs in its category. The ETF has a 0.15% expense ratio and a 12-month trailing dividend yield of 0.53%. It has a heavy allocation to the Information Technology sector and top holdings in Nvidia Corp, Microsoft Corp, and Apple Inc. The ETF has added 12.36% so far this year and has a beta of 1.15 and standard deviation of 21.74% for the trailing three-year period.

Title: Comparing Technology ETFs: XLK vs. QQQM

The Technology Select Sector SPDR ETF (XLK) and the Invesco NASDAQ 100 ETF (QQQM) are two prominent passively managed exchange traded funds (ETFs) that offer exposure to the technology sector. Both ETFs have gained significant traction among investors due to their low costs, transparency, and broad diversification.

Technology Select Sector SPDR ETF (XLK)
The XLK ETF, launched on December 16, 1998, is designed to track the Technology - Broad segment of the equity market. With assets exceeding $83.43 billion, it is the largest ETF in its category. XLK seeks to match the performance of the Technology Select Sector Index, which includes companies from various technology industries such as computers & peripherals, software, and semiconductor equipment. The ETF has an annual operating expense ratio of 0.08%, making it one of the least expensive options available. As of July 2, 2025, XLK has added approximately 13.14% to its value this year and has a 12-month trailing dividend yield of 0.59%. Its top holdings include Nvidia Corp (NVDA), Microsoft Corp (MSFT), and Apple Inc (AAPL), with these three stocks accounting for about 15.12%, 13.85%, and 12.21% of the fund's assets, respectively. The ETF has a beta of 1.23 and a standard deviation of 24.73% for the trailing three-year period, indicating medium risk. [1]

Invesco NASDAQ 100 ETF (QQQM)
The QQQM ETF, which tracks the Large Cap Growth segment of the US equity market, has over $56.89 billion in assets. It has a 0.15% expense ratio and a 12-month trailing dividend yield of 0.53%. The ETF has a heavy allocation to the Information Technology sector and top holdings in Nvidia Corp, Microsoft Corp, and Apple Inc. As of July 2, 2025, QQQM has added 12.36% to its value this year and has a beta of 1.15 and a standard deviation of 21.74% for the trailing three-year period. [2]

Comparison
Both ETFs offer exposure to the technology sector but differ in their focus and risk profiles. The XLK ETF provides broad exposure to the technology sector, including various sub-industries, while the QQQM ETF focuses more on large-cap growth stocks. XLK has a slightly higher expense ratio and a higher standard deviation, indicating potentially higher risk compared to QQQM. However, both ETFs have shown strong performance this year, with XLK adding 13.14% and QQQM adding 12.36%.

Conclusion
Investors should consider their risk tolerance and investment objectives when choosing between XLK and QQQM. Both ETFs offer diversified exposure to the technology sector, but their focus and risk profiles differ. It is essential to conduct thorough research and consult with a financial advisor before making investment decisions.

References
[1] https://finance.yahoo.com/news/invest-technology-select-sector-spdr-102002506.html
[2] https://www.marketwatch.com/livecoverage/stock-market-today-dow-s-p500-nasdaq-called-higher-after-latest-dipuber-disney-earnings/card/big-tech-defies-earnings-expectations-with-nvidia-results-still-ahead-says-barclays-EHsqKJxO6o6Uh6tATl5m