QEW vs QNXT
Invesco QQQ Equal Weight ETF against iShares Nasdaq-100 ex Top 30 ETF: cost, size, returns, what they hold and how much of it is the same.
Overlap by weight
54%
61 shared positions
Fee gap
5 bp
QNXT is cheaper
1-year return gap
—
Larger fund
QEW
$30M
Side by side
| QEW | QNXT | |
|---|---|---|
| Fund | Invesco QQQ Equal Weight ETF | iShares Nasdaq-100 ex Top 30 ETF |
| Issuer | Invesco | iShares |
| Category | Equal Weight | Large Cap Growth |
| Expense ratio | 0.25% | 0.20% |
| Assets | $30M | $28M |
| Average daily dollar volume | $712K | $104K |
| Listed | Mar 16, 2026 | Oct 23, 2024 |
| FrenzyCap score | 52 | 42 |
| 1-month return | +3.6% | +3.4% |
| 3-month return | +2.2% | +1.8% |
| Year to date | — | +13.8% |
| 1-year return | — | +10.9% |
| 30-day volatility | 13.3% | 14.9% |
| Worst drawdown, 1 year | −6.3% | −10.5% |
| Trailing 12-month yield | 0.28% | 0.69% |
| Holdings | 102 | 74 |
| Top 10 weight | 12.0% | 31.2% |
| Look-through P/E | 36.7 | 35.7 |
| Holdings vs fair value | −1.4% | −1.7% |
| Holdings above 200-day average | 63% | 62% |
| Net flow, latest 3 reported months | +$28M thru May 2026 | −$2K thru Jun 2026 |
| 30-day implied volatility | — | 17.7% |
| Holdings as of | as of Oct 8, 2026issuer data | as of Jun 30, 2026SEC filing |
Returns are price returns and exclude distributions. Flows are each fund's own latest reported months and may not cover the same period.
Largest shared holdings
59% of QEW · 86% of QNXT| Holding | QEW | QNXT |
|---|---|---|
| MRVL | 1.30% | 4.76% |
| ALAB | 1.17% | 1.51% |
| DDOG | 1.15% | 1.57% |
| LITE | 1.15% | 1.22% |
| TER | 1.14% | 1.38% |
| SNPS | 1.13% | 1.56% |
| SHOP | 1.12% | 2.54% |
| FTNT | 1.10% | 2.06% |
| ISRG | 1.10% | 2.57% |
| MPWR | 1.08% | 1.24% |
| RKLB | 1.07% | 1.07% |
| MAR | 1.06% | 1.78% |
| CEG | 1.04% | 1.64% |
| CDNS | 1.03% | 1.89% |
| FAST | 1.02% | 1.01% |
| GILD | 1.00% | 2.87% |
| AEP | 1.00% | 1.36% |
| CTAS | 1.00% | 1.24% |
| ROST | 0.98% | 1.25% |
| MDLZ | 0.98% | 1.36% |
| HONA | 0.97% | 1.28% |
| ORLY | 0.97% | 1.39% |
| HON | 0.97% | 1.29% |
| MELI | 0.96% | 1.57% |
| MNST | 0.95% | 1.72% |
Sector mix of the stock holdings
| Sector | QEW | QNXT | Gap |
|---|---|---|---|
| Technology | 46.4% | 36.3% | +10.1% |
| Industrials | 13.7% | 16.8% | −3.0% |
| Health Care | 8.6% | 15.0% | −6.4% |
| Consumer Discretionary | 11.7% | 10.4% | +1.2% |
| Consumer Staples | 4.8% | 4.4% | +0.4% |
| Utilities | 4.0% | 4.8% | −0.8% |
| Communication Services | 3.6% | 3.4% | +0.2% |
| Energy | 1.0% | 0.9% | +0.1% |
| Financials | 1.1% | 0.5% | +0.6% |
| Materials | 1.0% | 0.0% | +1.0% |
More: full overlap table · QEW holdings · QNXT holdings
Fund data comes from each fund's SEC filings and issuer disclosures and is shown with the date it is as of. SEC portfolio and flow filings become public about 60 days after the period they cover. Nothing here is investment advice; see Terms.