Fund face-off

QQQM vs VGT: which is better for you?

Updated October 8, 2026 · 4 min read · By the Compound Wealth Calc team

QQQM and VGT both lean heavily on big tech, but VGT holds only tech companies while QQQM also owns other big Nasdaq names.

The short answer

VGT has grown a bit faster lately and costs less, but it's all tech, so it can drop harder. QQQM spreads across more industries.

QQQM vs VGT at a glance

	QQQM	VGT
Made by	Invesco	Vanguard
Type	ETF	ETF
Follows	Nasdaq-100	MSCI US IMI IT 25/50
What it owns	100 large non-financial Nasdaq companies	hundreds of U.S. tech companies
Yearly fee	0.15%	0.09%
Dividend yield (approx.)	0.6%	0.6%
10-year yearly return (approx.)	19.0%	21.5%
Typical swings	High	Very high

Returns and yields are rounded estimates through mid-2026. Fees are each fund's yearly expense ratio.

What is QQQM?

QQQM follows the same Nasdaq-100 list as QQQ, at a lower fee. It started in 2020, so its 10-year number uses the index's record.

What is VGT?

VGT owns only U.S. technology companies, big and small. A few giant tech companies make up a large share of it.

Growth: $200 every paycheck

Here's what $200 every two weeks could grow to at each fund's approximate 10-year yearly return:

After	QQQM	VGT
10 years	$139,870	$159,896
20 years	$936,383	$1,280,885
30 years	$5,472,274	$9,139,822

At these past rates, VGT ends up about $3,667,549 ahead after 30 years. Past returns don't promise future ones, so treat this as a "what if," not a forecast.

Fees

Yearly fee	QQQM	VGT
Per $10,000 invested	$15	$9
On the 30-year balance	$8,208	$8,226

Lower fees leave more money growing for you. See why small fees add up.

Dividends

	QQQM	VGT
Dividends a year on the 30-year balance	$32,834	$54,839

Risk

QQQM's typical swings are high, and VGT's are very high. Funds that hold fewer kinds of companies tend to rise and fall more. The best fund is one you can hold through a bad year without selling.

Which one fits you?

Pick QQQM if you want big tech plus some other industries, like retail and health care.
Pick VGT if you want only technology companies and a lower fee.

Put QQQM and VGT side by side with your own paycheck amount.

Compare them

Quick answers

Is QQQM better than VGT?

VGT has grown a bit faster lately and costs less, but it's all tech, so it can drop harder. QQQM spreads across more industries.

Which has lower fees, QQQM or VGT?

QQQM charges 0.15% a year and VGT charges 0.09%. VGT is cheaper.

Which pays more dividends, QQQM or VGT?

QQQM has paid about 0.6% a year and VGT about 0.6%. Yields change over time.

Do QQQM and VGT overlap?

Yes, a lot. Both hold the biggest tech companies, so owning both adds little variety.

Keep learning

This article is for learning only. It is not financial, tax or legal advice. Example returns are not promises. Talk to a licensed professional about your own situation.