QQQM vs SWPPX

Invesco NASDAQ 100 ETF · Schwab S&P 500 Index Fund

How much do they overlap?

Holdings are not available for both funds, so we cannot compute the overlap. We would rather say that than estimate it.

What they cost

QQQM charges 0.15% a year and SWPPX charges 0.02%.

On 10,000 USD invested, that is a difference of 13.00 USD a year.

Side by side

QQQM SWPPX
Issuer Invesco Schwab Funds
Launched 2020-10-13 1997-05-19
Holdings 50
Fund size 105.1bn 144.3bn
Domicile United States

Where they diverge — sectors

Sector QQQM SWPPX Difference
Technology 58.7% 37.4% 21.3
Financial Services 0.2% 12.2% -12.0
Consumer Cyclicals 11.1% 0.0% 11.1
Consumer Cyclical 0.0% 9.6% -9.6
Healthcare 4.1% 9.1% -5.0
Industrials 3.9% 8.2% -4.2
Communication Services 13.0% 9.9% 3.1
Energy 0.5% 3.4% -2.8

How they have tracked each other

Measured over the period both funds have existed: Sept. 13, 2021 to Aug. 27, 2026 (1,245 trading days).

QQQM 98.1%
SWPPX 85.4%

Their daily moves correlate at 0.95.