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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
44.4 %

22 positions appear in both funds. Buying equal dollars of QQQ and SPMO would leave roughly 44.4% of each dollar exposed to the same underlying securities.

QQQ unmatched 55.5% Shared 44.4% SPMO unmatched 55.7%

Unmatched is the part of a fund's weight the other fund doesn't match: names only it holds, plus any extra weight it puts in names both funds hold.

In QQQ only
80 positions
Shared
22 positions
In SPMO only
78 positions

Side by side

QQQ

Invesco QQQ Trust

Invesco · US Large Cap Growth

83 composite / 100
Expense ratio
0.18%
Net assets
$498.95B
TTM yield
0.44%
Top-10 conc.
45.0%
SPMO

Invesco S&P 500 Momentum ETF

Invesco · Momentum Factor

82 composite / 100
Expense ratio
0.13%
Net assets
$23.02B
TTM yield
0.79%
Top-10 conc.
52.7%

Sub-score comparison

82
Cost
87
90
Tax efficiency
84
100
Liquidity
100
50
Concentration
39
—
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

22 shared in total
# Holding In QQQ In SPMO Overlap
1 NVIDIA Corp. 7.60% 8.46% 7.60%
2 Micron Technology, Inc. 5.64% 10.73% 5.64%
3 Advanced Micro Devices, Inc. 4.10% 4.14% 4.10%
4 Alphabet Inc. 3.27% 4.81% 3.27%
5 Alphabet Inc. 3.02% 3.82% 3.02%
6 Intel Corp. 3.04% 2.95% 2.95%
7 Broadcom Inc. 2.81% 7.58% 2.81%
8 Lam Research Corp. 2.35% 3.54% 2.35%
9 Cisco Systems, Inc. 2.01% 2.02% 2.01%
10 Applied Materials, Inc. 2.49% 1.77% 1.77%
11 Sandisk Corp. 1.46% 2.46% 1.46%
12 KLA Corp. 1.71% 1.39% 1.39%

Only in QQQ

80 total
  • Apple Inc. 6.67%
  • Microsoft Corp. 4.35%
  • Amazon.com, Inc. 4.02%
  • Tesla, Inc. 3.30%
  • Meta Platforms, Inc. 2.62%
  • Walmart Inc. 2.39%
  • Costco Wholesale Corp. 1.80%
  • Netflix, Inc. 1.30%
  • Palo Alto Networks, Inc. 1.21%
  • Texas Instruments Inc. 1.17%

Only in SPMO

78 total
  • Johnson & Johnson 3.85%
  • Exxon Mobil Corp. 2.78%
  • Caterpillar Inc. 2.60%
  • General Electric Co. 1.64%
  • Goldman Sachs Group, Inc. (The) 1.43%
  • RTX Corp. 1.40%
  • GE Vernova Inc. 1.33%
  • Amphenol Corp. 1.30%
  • Philip Morris International Inc. 1.29%
  • Coca-Cola Co. (The) 1.21%

Percentages are holdings overlap with the named fund.

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.