SmarterDividends

IVW vs QQQM: Yield, Cost and Returns Compared

As of Nov 5, 2026, QQQM yields more: 0.48% (dividend yield) against 0.37% for IVW. QQQM is cheaper to own at 0.15% a year vs 0.18%. Over the same 6 years (Oct 2020 to Oct 2026), QQQM returned 17.7% a year with distributions reinvested, and IVW 16.4%.

ComparedIVWQQQM
YieldDividend yield0.37%0.48%
Expense ratio0.18%0.15%
Total return, 1 yr+8.2%+10.3%
Total return, 3 yr (a year)+26.9%+26.1%
Total return, 5 yr (a year)+11.5%+13.1%
Total return, 10 yr (a year)+17.4%—
Worst drop since Oct 2020-30.4%-32.5%
Share price since Oct 2020+139%+156%
PaysQuarterlyQuarterly
IssueriSharesInvesco
Assets$74.7B$106.0B
Started20002020
TypeLarge GrowthLarge Growth

Higher yield

QQQM

0.48%

Lower cost

QQQM

0.15%

Better total return

QQQM

17.7%/yr

Smaller worst drop

IVW

-30.4%

Key facts: IVW vs QQQM

Data as of · Source: SmarterDividends data

  • As of Nov 5, 2026, IVW yields 0.37% (dividend yield) and QQQM yields 0.48% (dividend yield).
  • IVW's expense ratio is 0.18% and QQQM's is 0.15%: $18 vs $15 a year on $10,000.
  • From Oct 2020 to Oct 2026, $10,000 in IVW grew to $24,886 (16.4% a year) and $10,000 in QQQM to $26,609 (17.7% a year), distributions reinvested.
  • Their worst month-end drops over that time: -30.4% for IVW and -32.5% for QQQM.
  • 6 of IVW's top ten holdings are also in QQQM's top ten, an overlap of at least 31% of the fund.
Cite this page

SmarterDividends, "IVW vs QQQM: Yield, Cost and Returns Compared," updated Nov 5, 2026, https://smarterdividends.com/compare/ivw-vs-qqqm

$10,000 in each, Oct 2020 to Oct 2026

Distributions reinvested, month-end values, with the S&P 500 for reference.

IVW became

$24,886

16.4% a year

QQQM became

$26,609

17.7% a year

Try other dates, monthly additions or more tickers →

Year by year

YearIVWQQQM
2025+22.0%+20.8%
2024+35.8%+25.7%
2023+29.8%+55.0%
2022−29.5%−32.5%
2021+31.8%+27.5%

Total return each calendar year, distributions reinvested.

Top holdings

6 of the top ten overlap, at least 31% of each fund.

IVW

  1. NVDA NVIDIA Corp14.2%
  2. MSFT Microsoft Corp11.1%
  3. AAPL Apple Inc7.2%
  4. GOOGL Alphabet Inc Class A4.7%
  5. AVGO Broadcom Inc4.4%
  6. META Meta Platforms Inc Class A3.9%
  7. GOOG Alphabet Inc Class C3.8%
  8. AMZN Amazon.com Inc3.6%
  9. LLY Eli Lilly and Co3.3%
  10. BRK-B Berkshire Hathaway Inc Class B2.9%

QQQM

  1. AAPL Apple Inc8.2%
  2. NVDA NVIDIA Corp8.0%
  3. MSFT Microsoft Corp6.3%
  4. MU Micron Technology Inc4.5%
  5. AMZN Amazon.com Inc4.2%
  6. AMD Advanced Micro Devices Inc3.7%
  7. TSLA Tesla Inc3.4%
  8. META Meta Platforms Inc Class A3.0%
  9. WMT Walmart Inc2.7%
  10. GOOGL Alphabet Inc Class A2.7%

IVW vs QQQM: questions

Is IVW or QQQM better?

It depends on the job. QQQM pays more today (0.48% vs 0.37%), QQQM costs less, and QQQM has the better total return over Oct 2020 to Oct 2026, with IVW holding up better in its worst stretch. For income, look at yield and whether the payouts hold up; for growth, total return and drawdowns.

Which pays a higher dividend, IVW or QQQM?

QQQM, at 0.48% against 0.37% for IVW as of Nov 5, 2026. On $10,000 that's about $48 vs $37 a year at today's rates.

Which has the better total return?

QQQM. From Oct 2020 to Oct 2026, it returned 17.7% a year with distributions reinvested, against 16.4% for IVW. $10,000 became $26,609 vs $24,886.

Which is cheaper, IVW or QQQM?

QQQM, with a 0.15% expense ratio against 0.18%.

Do IVW and QQQM hold the same things?

Partly. 6 of their top ten holdings match (NVDA, AAPL, MSFT, AMZN), at least 31% of each fund. Owning both doubles up on those.

Yields, costs and holdings as each fund reports them (via Yahoo Finance), updated daily; returns from month-end prices with distributions reinvested. QQQM leads on 5 of 7 measures above. For information only, not investment advice. Last fund data: Nov 5, 2026.