QQQM vs SPHQ: which ETF won each year?
Yearly returns side by side, one winner per year — dividends included, priced as you'd actually buy them.
QQQMtracks the Nasdaq-100 Index
SPHQtracks the S&P 500 Quality Index
QQQM tracks the Nasdaq-100 IndexSPHQ tracks the S&P 500 Quality Index
What did the last 5 years do to $10,000?
You invest $10,000 at the start of the window and touch nothing — dividends reinvested, the running year not counted. Both funds are measured over the same 5 full years (2021–2025) — the longest stretch both were trading.
QQQM vs SPHQ, year by year
Calendar-year total returns (dividends included) side by side, and who took the crown each year. A dash means the fund did not exist yet.
| Year | QQQM | SPHQ | Winner |
|---|---|---|---|
| 2026 (so far) | +20.09% | +20.79% | SPHQ |
| 2025 | +20.85% | +13.25% | QQQM |
| 2024 | +25.68% | +25.44% | QQQM |
| 2023 | +55.01% | +24.83% | QQQM |
| 2022 | -32.52% | -15.76% | SPHQ |
| 2021 | +27.45% | +27.59% | SPHQ |
| 2020 | +6.67% | +16.93% | SPHQ |
| 2019 | — | +33.63% | — |
| 2018 | — | -7.09% | — |
| 2017 | — | +19.10% | — |
| 2016 | — | +14.30% | — |
| 2015 | — | +1.64% | — |
| 2014 | — | +16.08% | — |
| 2013 | — | +32.73% | — |
| 2012 | — | +14.32% | — |
| 2011 | — | +6.28% | — |
| 2010 | — | +20.50% | — |
| 2009 | — | +12.59% | — |
| 2008 | — | -46.35% | — |
| 2007 | — | +16.77% | — |
| 2006 | — | +4.58% | — |
| 2005 | — | -2.05% | — |
QQQM vs SPHQ in plain words
QQQM tracks the Nasdaq-100 Index while SPHQ follows the S&P 500 Quality Index, so they own different slices of the market and their years can look very different. Both funds charge 0.15% a year in running costs.
Both funds distribute: dividends land in your account as cash instead of being reinvested automatically. Across the 7 calendar years both funds were trading, QQQM finished the year ahead 3 times and SPHQ 4 times. $10,000 invested at the start of 2021 was worth $20,250 in QQQM versus $19,060 in SPHQ by the end of 2025, dividends reinvested.
Fund facts: QQQM vs SPHQ
| Fact | QQQM | SPHQ |
|---|---|---|
| Fund | Invesco NASDAQ 100 ETF | Invesco S&P 500 Quality ETF |
| Tracks | Nasdaq-100 Index | S&P 500 Quality Index |
| Yearly cost (TER) | 0.15% | 0.15% |
| Dividends | Distributing — dividends paid out | Distributing — dividends paid out |
| Launched | 13 Oct 2020 | 6 Dec 2005 |
Frequently asked
Is QQQM or SPHQ better?
Across the 7 calendar years both funds were trading, QQQM finished the year ahead 3 times and SPHQ 4 times. $10,000 invested at the start of 2021 was worth $20,250 in QQQM versus $19,060 in SPHQ by the end of 2025, dividends reinvested. Past returns don't promise future ones — but this is what actually happened.
What is the difference between QQQM and SPHQ?
QQQM tracks the Nasdaq-100 Index while SPHQ follows the S&P 500 Quality Index, so they own different slices of the market and their years can look very different. Both funds charge 0.15% a year in running costs. Both funds distribute: dividends land in your account as cash instead of being reinvested automatically.
What would $10,000 in QQQM have become?
$10,000 invested in QQQM at the start of 2021 grew to $20,250 by the end of 2025, with dividends reinvested — an average of 15.2% per year.
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