ETF comparison

QQQ vs SPMO

US Large Cap Growth vs Momentum Factor.

Invesco QQQ Trust · Invesco S&P 500 Momentum ETF

Holdings overlap

Weighted by ISIN/CUSIP
30.8 %

21 positions appear in both funds. Buying equal dollars of QQQ and SPMO would leave roughly 30.8% of each dollar exposed to the same underlying securities.

QQQ only 69.1% Shared 30.8% SPMO only 69.2%
In QQQ only
80 positions
Shared
21 positions
In SPMO only
79 positions

Side by side

QQQ

Invesco QQQ Trust

Invesco · US Large Cap Growth

83 composite / 100
Expense ratio
0.18%
Net assets
$490.10B
TTM yield
0.42%
Top-10 conc.
46.8%
SPMO

Invesco S&P 500 Momentum ETF

Invesco · Momentum Factor

83 composite / 100
Expense ratio
0.13%
Net assets
$22.21B
TTM yield
0.70%
Top-10 conc.
50.5%

Sub-score comparison

82
Cost
87
90
Tax efficiency
84
100
Liquidity
100
47
Concentration
42
Tracking quality
QQQ sub-score SPMO

Tracking quality isn't part of the composite — see what we don't score for why.

Cost difference

SPMO is 5 bps cheaper than QQQ. On a $100,000 position that's about $50/yr more in fees for QQQ.

Fee figure is the annual expense charged on $100,000. To see how the gap compounds over a multi-decade holding period, open the cost calculator pre-filled with QQQ vs SPMO.

Top shared holdings

21 shared in total
# Holding In QQQ In SPMO Overlap
1 NVIDIA Corp. 8.68% 8.88% 8.68%
2 Meta Platforms, Inc. 3.46% 7.66% 3.46%
3 Walmart Inc. 3.43% 4.04% 3.43%
4 Broadcom Inc. 3.01% 9.01% 3.01%
5 Netflix, Inc. 2.30% 3.81% 2.30%
6 Palantir Technologies Inc. 1.90% 3.54% 1.90%
7 Cisco Systems, Inc. 1.73% 2.35% 1.73%
8 Gilead Sciences, Inc. 0.98% 1.41% 0.98%
9 Booking Holdings Inc. 0.75% 0.93% 0.75%
10 Constellation Energy Corp. 0.57% 0.56% 0.56%
11 CrowdStrike Holdings, Inc. 0.56% 0.73% 0.56%
12 T-Mobile US, Inc. 1.31% 0.55% 0.55%

Only in QQQ

80 total
  • Apple Inc. 7.63%
  • Microsoft Corp. 5.63%
  • Amazon.com, Inc. 4.58%
  • Tesla, Inc. 3.80%
  • Alphabet Inc. 3.43%
  • Alphabet Inc. 3.20%
  • Costco Wholesale Corp. 2.50%
  • Micron Technology, Inc. 2.15%
  • Advanced Micro Devices, Inc. 1.88%
  • Applied Materials, Inc. 1.53%

Only in SPMO

79 total
  • JPMorgan Chase & Co. 5.14%
  • Visa Inc. 3.16%
  • GE Vernova Inc. 2.70%
  • General Electric Co. 2.60%
  • Philip Morris International Inc. 2.03%
  • Oracle Corp. 1.79%
  • AT&T Inc. 1.63%
  • RTX Corp. 1.63%
  • Goldman Sachs Group, Inc. (The) 1.47%
  • Wells Fargo & Co. 1.36%

Open QQQ or SPMO at a brokerage

Both funds trade commission-free at major US brokerages.

Affiliate links — opening an account through these earns PlainIndex a one-time referral. Scoring is computed before any affiliate consideration; see our methodology and funding disclosure.

Holdings overlap is the sum of min(weight_a, weight_b) over positions matched on ISIN (CUSIP fallback). Methodology: see /methodology/.

Comparing two funds doesn't endorse swapping one for the other. Tax-lot history, account type, and personal goals matter — PlainIndex publishes data and methodology, not investment advice.