QQQM vs QQQ: Dividend Yield, Total Return & Fees Compared

Invesco NASDAQ 100 ETFInvesco QQQ Trust ETF

Data as of the close · refreshed automatically every trading day

Higher yieldQQQM0.43% vs 0.42%
Better 1-year total returnQQQM+26.07% vs +26.02%
Better 5-year total returnQQQM+106.15% vs +105.44%

QQQM vs QQQ at a glance

Invesco NASDAQ 100 ETF (QQQM) and Invesco QQQ Trust ETF (QQQ) are compared below using data through the September 25, 2026 close, refreshed after every trading day.

Over the past year, QQQM returned +26.07% with dividends reinvested, compared with +26.02% for QQQ. QQQM currently yields 0.43% (trailing 12-month) against 0.42% for QQQ. Across five years the total-return gap is +106.15% for QQQM vs +105.44% for QQQ.

QQQM leads on both current yield and 1-year total return. Yields and returns move with markets, so check the longer periods below before drawing conclusions.

Key figures for QQQM and QQQ
MetricQQQMQQQ
Last close$306.54$744.50
Dividend yield0.43% (TTM)0.42% (TTM)
Expense ratio—0.20%
Paysquarterlyquarterly
Dividends, last 12 months$1.32 (4 payments)$3.09 (4 payments)
IssuerInvescoInvesco
Inception—Mar 11, 1999

Performance: QQQM vs QQQ

Total return assumes every distribution is reinvested. Switch to price return to see the change in share price alone.

QQQMQQQ

Total Return (%) · dividends reinvested · Sep 25, 2025 – Sep 25, 2026

DividendDuel.com

Overview

Key fund stats as of the latest close.

ETFTTM yield1Y total returnLast closeLast dividendPaysIssuer
QQQMInvesco NASDAQ 100 ETF
0.43%
+26.07%Best$306.54$0.313QuarterlyInvesco
QQQInvesco QQQ Trust ETF
0.42%
+26.02%$744.50$0.751QuarterlyInvesco

Total returns

Price change plus dividends paid, by holding period. Best in each period is outlined.

ETF1M3M6M1Y2Y5Y
QQQMInvesco NASDAQ 100 ETF+4.85%+4.06%+26.96%+26.07%+54.90%+106.15%
QQQInvesco QQQ Trust ETF+4.86%+4.03%+26.92%+26.02%+54.78%+105.44%

Dividends

Latest payout, trailing 12-month total and the last 12 distributions.

ETFLatest payoutvs. priorTrailing 12MRecent payouts
QQQMInvesco NASDAQ 100 ETF$0.313Sep 21, 2026-11.08%$1.3164 payoutsDec 18, 2023: $0.381Mar 18, 2024: $0.345Jun 24, 2024: $0.32Sep 23, 2024: $0.30Dec 23, 2024: $0.31Mar 24, 2025: $0.318Jun 23, 2025: $0.316Sep 22, 2025: $0.302Dec 22, 2025: $0.323Mar 23, 2026: $0.328Jun 22, 2026: $0.352Sep 21, 2026: $0.313
QQQInvesco QQQ Trust ETF$0.751Sep 21, 2026-7.63%$3.0914 payoutsDec 27, 2023: $0.216Mar 18, 2024: $0.573Jun 24, 2024: $0.762Sep 23, 2024: $0.677Dec 23, 2024: $0.835Mar 24, 2025: $0.716Jun 23, 2025: $0.591Sep 22, 2025: $0.694Dec 22, 2025: $0.794Mar 23, 2026: $0.733Jun 22, 2026: $0.813Sep 21, 2026: $0.751

Recent dividend payments

The latest 12 distributions per share for each fund, newest first.

QQQMQQQ
Sep 21, 2026$0.313Sep 21, 2026$0.751
Jun 22, 2026$0.352Jun 22, 2026$0.813
Mar 23, 2026$0.328Mar 23, 2026$0.733
Dec 22, 2025$0.323Dec 22, 2025$0.794
Sep 22, 2025$0.302Sep 22, 2025$0.694
Jun 23, 2025$0.316Jun 23, 2025$0.591
Mar 24, 2025$0.318Mar 24, 2025$0.716
Dec 23, 2024$0.310Dec 23, 2024$0.835
Sep 23, 2024$0.300Sep 23, 2024$0.677
Jun 24, 2024$0.320Jun 24, 2024$0.762
Mar 18, 2024$0.345Mar 18, 2024$0.573
Dec 18, 2023$0.381Dec 27, 2023$0.216

QQQM vs QQQ: common questions

Which pays a higher dividend, QQQM or QQQ?

As of September 25, 2026, QQQM yields 0.43% (trailing 12-month) and QQQ yields 0.42% (trailing 12-month), so QQQM currently pays the higher yield. A higher yield does not guarantee a higher total return.

Which has performed better, QQQM or QQQ?

Over the past year with dividends reinvested, QQQM returned +26.07% and QQQ returned +26.02%. Over five years, QQQM returned +106.15% and QQQ returned +105.44%. Past performance does not predict future results.

What would $10,000 in QQQM vs QQQ be worth after one year?

With dividends reinvested, $10,000 invested one year before September 25, 2026 would have grown to about $12,607 in QQQM and $12,602 in QQQ.

How often do QQQM and QQQ pay dividends?

QQQM pays quarterly (4 payments in the last 12 months) and QQQ pays quarterly (4 payments).

Is QQQM or QQQ the better investment?

It depends on your goals, time horizon and tax situation. Income-focused investors often weigh yield and payment frequency, while long-term investors usually compare total return and fees. Dividend Duel is an educational tool and does not provide investment advice.

Related comparisons

More side-by-side comparisons with QQQM and QQQ.

Figures come from end-of-day prices and distributions and are recalculated after every trading session; see our methodology. This page is for education only and is not investment advice. Past performance does not guarantee future results. Read the full disclosure.