QQQ vs SPMO: Yield, Cost and Returns Compared
As of Nov 5, 2026, SPMO yields more: 0.87% (dividend yield) against 0.47% for QQQ. SPMO is cheaper to own at 0.13% a year vs 0.18%. Over the same 11 years (Oct 2015 to Oct 2026), QQQ returned 18.7% a year with distributions reinvested, and SPMO 17.6%.
| Compared | QQQ | SPMO |
|---|---|---|
| YieldDividend yield | 0.47% | 0.87% |
| Expense ratio | 0.18% | 0.13% |
| Total return, 1 yr | +10.3% | +12.9% |
| Total return, 3 yr (a year) | +26.0% | +35.4% |
| Total return, 5 yr (a year) | +13.0% | +17.4% |
| Total return, 10 yr (a year) | +20.3% | +19.1% |
| Worst drop since Oct 2015 | -32.6% | -21.3% |
| Share price since Oct 2015 | +509% | +421% |
| Pays | Quarterly | Quarterly |
| Issuer | Invesco | Invesco |
| Assets | $463.8B | $21.4B |
| Started | 1999 | 2015 |
| Type | Large Growth | Large Blend |
Higher yield
SPMO
0.87%
Lower cost
SPMO
0.13%
Better total return
QQQ
18.7%/yr
Smaller worst drop
SPMO
-21.3%
Key facts: QQQ vs SPMO
Data as of · Source: SmarterDividends data
- As of Nov 5, 2026, QQQ yields 0.47% (dividend yield) and SPMO yields 0.87% (dividend yield).
- QQQ's expense ratio is 0.18% and SPMO's is 0.13%: $18 vs $13 a year on $10,000.
- From Oct 2015 to Oct 2026, $10,000 in QQQ grew to $66,019 (18.7% a year) and $10,000 in SPMO to $59,481 (17.6% a year), distributions reinvested.
- Their worst month-end drops over that time: -32.6% for QQQ and -21.3% for SPMO.
- 4 of QQQ's top ten holdings are also in SPMO's top ten, an overlap of at least 19% of the fund.
Cite this page
SmarterDividends, "QQQ vs SPMO: Yield, Cost and Returns Compared," updated Nov 5, 2026, https://smarterdividends.com/compare/qqq-vs-spmo
$10,000 in each, Oct 2015 to Oct 2026
Distributions reinvested, month-end values, with the S&P 500 for reference.
QQQ became
$66,019
18.7% a year
SPMO became
$59,481
17.6% a year
Year by year
| Year | QQQ | SPMO |
|---|---|---|
| 2025 | +20.8% | +26.6% |
| 2024 | +25.6% | +45.8% |
| 2023 | +54.9% | +17.6% |
| 2022 | −32.6% | −10.4% |
| 2021 | +27.4% | +22.6% |
| 2020 | +48.6% | +28.2% |
| 2019 | +39.0% | +25.9% |
| 2018 | −0.1% | −0.9% |
| 2017 | +32.7% | +27.8% |
| 2016 | +7.1% | +7.4% |
Total return each calendar year, distributions reinvested.
Top holdings
4 of the top ten overlap, at least 19% of each fund.
QQQ
- AAPL Apple Inc8.2%
- NVDA NVIDIA Corp8.0%
- MSFT Microsoft Corp6.3%
- MU Micron Technology Inc4.5%
- AMZN Amazon.com Inc4.2%
- AMD Advanced Micro Devices Inc3.7%
- TSLA Tesla Inc3.4%
- META Meta Platforms Inc Class A3.0%
- WMT Walmart Inc2.7%
- GOOGL Alphabet Inc Class A2.7%
SPMO
- AAPL Apple Inc10.3%
- MU Micron Technology Inc8.8%
- JNJ Johnson & Johnson5.2%
- AMD Advanced Micro Devices Inc5.2%
- GOOGL Alphabet Inc Class A4.4%
- XOM ExxonMobil Holdings Corp3.9%
- GOOG Alphabet Inc Class C3.5%
- INTC Intel Corp3.4%
- CSCO Cisco Systems Inc2.5%
- MRK Merck & Co Inc2.5%
QQQ vs SPMO: questions
Is QQQ or SPMO better?
It depends on the job. SPMO pays more today (0.87% vs 0.47%), SPMO costs less, and QQQ has the better total return over Oct 2015 to Oct 2026, with SPMO 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, QQQ or SPMO?
SPMO, at 0.87% against 0.47% for QQQ as of Nov 5, 2026. On $10,000 that's about $87 vs $47 a year at today's rates.
Which has the better total return?
QQQ. From Oct 2015 to Oct 2026, it returned 18.7% a year with distributions reinvested, against 17.6% for SPMO. $10,000 became $66,019 vs $59,481.
Which is cheaper, QQQ or SPMO?
SPMO, with a 0.13% expense ratio against 0.18%.
Do QQQ and SPMO hold the same things?
Partly. 4 of their top ten holdings match (AAPL, MU, AMD, GOOGL), at least 19% of each fund. Owning both doubles up on those.
Related comparisons
Yields, costs and holdings as each fund reports them (via Yahoo Finance), updated daily; returns from month-end prices with distributions reinvested. SPMO leads on 6 of 8 measures above. For information only, not investment advice. Last fund data: Nov 5, 2026.