QQQM vs SPYG: Yield, Cost and Returns Compared
As of Nov 5, 2026, SPYG yields more: 0.52% (dividend yield) against 0.48% for QQQM. SPYG is cheaper to own at 0.04% a year vs 0.15%. Over the same 6 years (Oct 2020 to Oct 2026), QQQM returned 17.7% a year with distributions reinvested, and SPYG 16.6%.
| Compared | QQQM | SPYG |
|---|---|---|
| YieldDividend yield | 0.48% | 0.52% |
| Expense ratio | 0.15% | 0.04% |
| Total return, 1 yr | +10.3% | +8.3% |
| Total return, 3 yr (a year) | +26.1% | +27.1% |
| Total return, 5 yr (a year) | +13.1% | +11.6% |
| Total return, 10 yr (a year) | — | +17.5% |
| Worst drop since Oct 2020 | -32.5% | -30.4% |
| Share price since Oct 2020 | +156% | +140% |
| Pays | Quarterly | Quarterly |
| Issuer | Invesco | State Street Investment Management |
| Assets | $106.0B | $54.0B |
| Started | 2020 | 2000 |
| Type | Large Growth | Large Growth |
Higher yield
SPYG
0.52%
Lower cost
SPYG
0.04%
Better total return
QQQM
17.7%/yr
Smaller worst drop
SPYG
-30.4%
Key facts: QQQM vs SPYG
Data as of · Source: SmarterDividends data
- As of Nov 5, 2026, QQQM yields 0.48% (dividend yield) and SPYG yields 0.52% (dividend yield).
- QQQM's expense ratio is 0.15% and SPYG's is 0.04%: $15 vs $4 a year on $10,000.
- From Oct 2020 to Oct 2026, $10,000 in QQQM grew to $26,609 (17.7% a year) and $10,000 in SPYG to $25,128 (16.6% a year), distributions reinvested.
- Their worst month-end drops over that time: -32.5% for QQQM and -30.4% for SPYG.
- 6 of QQQM's top ten holdings are also in SPYG's top ten, an overlap of at least 31% of the fund.
Cite this page
SmarterDividends, "QQQM vs SPYG: Yield, Cost and Returns Compared," updated Nov 5, 2026, https://smarterdividends.com/compare/qqqm-vs-spyg
$10,000 in each, Oct 2020 to Oct 2026
Distributions reinvested, month-end values, with the S&P 500 for reference.
QQQM became
$26,609
17.7% a year
SPYG became
$25,128
16.6% a year
Year by year
| Year | QQQM | SPYG |
|---|---|---|
| 2025 | +20.8% | +22.1% |
| 2024 | +25.7% | +36.0% |
| 2023 | +55.0% | +30.0% |
| 2022 | −32.5% | −29.4% |
| 2021 | +27.5% | +32.0% |
Total return each calendar year, distributions reinvested.
Top holdings
6 of the top ten overlap, at least 31% of each fund.
QQQM
- 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%
SPYG
- NVDA NVIDIA Corp14.2%
- MSFT Microsoft Corp11.1%
- AAPL Apple Inc7.2%
- GOOGL Alphabet Inc Class A4.7%
- AVGO Broadcom Inc4.5%
- META Meta Platforms Inc Class A3.9%
- GOOG Alphabet Inc Class C3.8%
- AMZN Amazon.com Inc3.6%
- LLY Eli Lilly and Co3.3%
- BRK-B Berkshire Hathaway Inc Class B2.9%
QQQM vs SPYG: questions
Is QQQM or SPYG better?
It depends on the job. SPYG pays more today (0.52% vs 0.48%), SPYG costs less, and QQQM has the better total return over Oct 2020 to Oct 2026, with SPYG 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, QQQM or SPYG?
SPYG, at 0.52% against 0.48% for QQQM as of Nov 5, 2026. On $10,000 that's about $52 vs $48 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 16.6% for SPYG. $10,000 became $26,609 vs $25,128.
Which is cheaper, QQQM or SPYG?
SPYG, with a 0.04% expense ratio against 0.15%.
Do QQQM and SPYG 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.
Related comparisons
Yields, costs and holdings as each fund reports them (via Yahoo Finance), updated daily; returns from month-end prices with distributions reinvested. SPYG leads on 4 of 7 measures above. For information only, not investment advice. Last fund data: Nov 5, 2026.