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QQQM vs. FTEC

Invesco Exchange-Traded Fund Trust II Invesco NASDAQ 100 ETF

QQQM
$--
vs

Fidelity MSCI Information Technology Index ETF

FTEC
$--

Correlation

QQQMInvesco Exchange-Traded Fund Trust II Invesco NASDAQ 100 ETF
FTECFidelity MSCI Information Technology Index ETF

What is QQQM?

The Invesco NASDAQ 100 ETF (Fund) is based on the NASDAQ-100 Index (Index). The Fund will invest at least 90% of its total assets in the securities that comprise the Index. The Index includes securities of 100 of the largest domestic and international nonfinancial companies listed on Nasdaq. The Fund and Index are rebalanced quarterly and reconstituted annually.

Snapshot
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QQQM Invesco Exchange-Traded Fund Trust II Invesco NASDAQ 100 ETF
FTEC Fidelity MSCI Information Technology Index ETF
Inception date
Oct 13 2020
Oct 24 2013
Expense ratio
0.15%
0.08%
QQQM has a higher expense ratio than FTEC by 0.06%. This can indicate that it’s more expensive to invest in QQQM than FTEC.
Type
US Equities
US Equities
QQQM targets investing in US Equities, while FTEC targets investing in US Equities.
Fund owner
Invesco
Fidelity
QQQM is managed by Invesco, while FTEC is managed by Fidelity.
Volume (1m avg. daily)
$154,621,362
$25,275,556
Both QQQM and FTEC are considered high-volume assets. They’re less likely to be affected by issues like slippage and failed orders on Composer than low-volume assets.
AUM
$14,236,186,221
$6,896,905,950
QQQM has more assets under management than FTEC by $7,339,280,271. Higher AUM can be associated with better liquidity and lower slippage in trading.
Associated index
Nasdaq 100 Index
MSCI USA IMI Information Technology 25/50 Index
QQQM is based off of the Nasdaq 100 Index, while FTEC is based off of the MSCI USA IMI Information Technology 25/50 Index
Inverse/Leveraged
No
No
QQQM and FTEC use the same leverage ratio. Inverse and leveraged ETFs can be used to either take an opposite position or amplify returns of a given index.
Passive/Active
Passive
Passive
QQQM and FTEC both use a Passive investing strategy. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.
Dividend
No
No
QQQM and FTEC may offer dividends. The frequency and yield of the dividend may not be the same.
Prospectus
Neither QQQM nor FTEC require a K1.

Automated Strategies
Related toQQQM

#BTD

Buy the Dips: Nasdaq 100

Category

Featured, Technology Focus

Risk Rating

Aggressive

Automated Strategies
Related toFTEC

#BTD

Buy the Dips: Nasdaq 100

Category

Featured, Technology Focus

Risk Rating

Aggressive

Create your own algorithmic
trading strategy

News Related to QQQM

Nasdaq-100 Hits Record High, Meta's Rally Powers Tech Surge

Feb 18, 2025 • by Surbhi Jain
Nasdaq-100 Hits Record High, Meta's Rally Powers Tech Surge

Benzinga Market Summary: Nasdaq Rises Above 20,000 Amid Strength In Tech Stocks, Adobe To Report After The Close, Bitcoin Rises

Dec 11, 2024 • by Benzinga Newsdesk

MicroStrategy's Imminent Inclusion In Nasdaq 100 Could Reportedly Spark Up To $2B In Fund Inflows

Nov 30, 2024 • by Rounak Jain
MicroStrategy's Imminent Inclusion In Nasdaq 100 Could Reportedly Spark Up To $2B In Fund Inflows

Palantir Prepares Nasdaq Move: Could Nasdaq-100 Be Next?

Nov 15, 2024 • by Surbhi Jain
Palantir Prepares Nasdaq Move: Could Nasdaq-100 Be Next?

Disclaimers

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We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

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We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.