Is QQQM a good investment?

Invesco NASDAQ 100 ETF (QQQM) is a technology-hardware ETF. As of September 11, 2026, ETF Copilot scores QQQM 6.6 out of 10 — highest on Quality (9.2), lowest on Valuation (2.9). It trades at 30.8 times earnings, against its own median of 26.0. Its ten largest holdings are 47% of the fund.

Updated September 11, 2026

How is QQQM rated? ETF Copilot scores Invesco NASDAQ 100 ETF (QQQM) 6.6 out of 10

As of September 11, 2026, ETF Copilot scores Invesco NASDAQ 100 ETF (QQQM) 6.6 out of 10 overall.

ETF Copilot scores (0–10 scale, higher is better):

Overall: 6.6 / 10
Growth: 6.2 / 10
Valuation: 2.9 / 10
Risk: 5.4 / 10
Quality: 9.2 / 10
Return: 8.4 / 10

What is QQQM's expense ratio? 0.15% a year

As of September 11, 2026, QQQM charges 0.15% a year, yields 0.64% and holds $104.9B in assets across 102 positions.

Invesco NASDAQ 100 ETF (QQQM) — cost, income and size
Measure	QQQM
Expense ratio	0.15%
Dividend yield	0.64%
Assets under management	$104.9B
Holdings	102

Expense ratio, dividend yield and assets under management are reported by the fund and refreshed daily. Every other figure on this page is computed by ETF Copilot.

What stands out in QQQM's data

NASDAQ 100 large-cap stocks, anchored in tech and growth sectors.

Returns on capital run just behind the peer group — a slight drag on the compounding you keep.

Return on invested capital of 29.9% sits below the category median of 30.2%, though still above its own 27.8% historical median.

A broad tech-and-growth core for a portfolio that already holds U.S. large caps.

Is QQQM expensive right now? It trades at 30.8 times earnings, against its own median of 26.0

As of September 11, 2026, QQQM is more expensive than 89% of its own 72 monthly readings since 2020 — 64 of those months were cheaper than today.

Trailing twelve-month, computed by ETF Copilot from the fund's holdings rather than quoted from a data provider, and rebuilt nightly.

What's inside QQQM? 68% Tech

What's inside QQQM: Size (Large 98%, Mid 2%, Small 1%); Geography (International 6%, US 94%); Tech 68.3%; Magnificent 7 38.6%; AI 31.4%; Semiconductors 32.3%; Memory 26.6%.

What are QQQM's top holdings? The ten largest are 47% of the fund

Nvidia, Apple, Microsoft, Micron Technology, Amazon.com, Advanced Micro Devices, Alphabet, Meta Platforms and Tesla are QQQM's largest holdings, in that order.

Less concentrated than 58% of Tech - Hardware / Devices / Deep Tech ETFs.

Half of QQQM's weight sits in its 12 largest positions, and once those weights are taken into account it behaves like 31 equally weighted holdings.

Cite this

ETF Copilot, “Invesco NASDAQ 100 ETF (QQQM) scores and holdings analysis”, as of September 11, 2026.
https://etf-copilot.com/etf/qqqm