Billions flow into Nasdaq-100 ETF QQQ despite cheaper identical fund QQQM.

Investors poured $1.66 billion into the Invesco QQQ ETF, which tracks the Nasdaq-100 index, while a nearly identical fund, QQQM, attracted $380.7 million. Both funds hold the same stocks with the same weights, but QQQ charges a higher fee than QQQM. Over time, this fee difference can significantly impact returns due to compounding effects. QQQ remains popular due to its high liquidity and active options market, which benefits traders and institutions, while long-term investors might prefer QQQM for its lower costs.

QQQM, the lower-cost alternative to QQQ, trades at USD 295.30 on Pluang with a 1-day gain of 1.04%. The fund holds a market cap of $109.52 billion and a volume of 3,824,146 shares. These figures are current as of Oct 19, 2026 16:01 WIB.