What distinguishes QQQM from RSPT in terms of sector exposure?

QQQM (Large Growth) focuses on the 100 largest non-financial companies on the Nasdaq, including technology, consumer services, and healthcare. In contrast, RSPT is exclusively a sector fund, targeting only technology firms within the S&P 500. While QQQM has a growth tilt with significant tech weight, it remains diversified across multiple industries. RSPT removes that diversification to provide pure technology exposure, making it a more specialised vehicle for investors who want to isolate the tech sector rather than hold a broader growth basket.

How do market capitalisation weighting and equal weighting differ?

Market cap weighting, as seen in QQQM’s typical structure, assigns greater portfolio weight to the largest companies, meaning tech giants drive most performance. RSPT employs an equal weight methodology, allocating roughly the same amount of capital to each holding regardless of size. This approach reduces reliance on a few mega-caps and increases exposure to mid-cap tech firms. Consequently, RSPT’s performance is driven by the broader group of technology companies, whereas QQQM’s results are heavily influenced by its largest constituents, creating different risk and return profiles.

How do the expense ratios of QQQM and RSPT compare?

QQQM carries a lower expense ratio of 0.15%, compared to RSPT at 0.40%, reflecting a 0.25 percentage point difference. Lower costs help preserve returns over long periods, as fewer assets are diverted to fund management fees. QQQM’s broader index nature allows it to operate at scale with lower fees. The higher cost of RSPT is attributed to its specific equal-weight methodology and sector focus. Investors must consider whether the unique sector exposure of the higher-fee fund justifies the additional drag on potential returns compared to the lower-fee, broader QQQM.

What are the primary differences in the top holdings between the two funds?

The two funds exhibit distinct portfolio structures. QQQM is heavily concentrated in mega-cap leaders, with its largest holding at 8.46%, followed by names like AAPL and MSFT. RSPT, using equal weighting, avoids this concentration; its largest holding sits at just 2.06%, with a long tail of tech firms at similar levels (around 1.8%). This creates fundamentally different exposures. QQQM offers higher concentration risk tied to individual mega-cap performance, while RSPT provides a broader, more diluted technology basket, potentially reducing single-stock impact but increasing transaction costs from rebalancing.

Are there any overlaps between the top 10 holdings of QQQM and RSPT?

Based on the current top 10 lists, there are no shared holdings between QQQM and RSPT. QQQM’s top constituents are dominated by mega-cap platforms such as NVDA, AAPL, and MSFT. Conversely, RSPT’s equal-weighted structure means its largest positions are mid-cap or smaller technology companies like ZBRA and DELL. These differences highlight how weighting methodologies drastically alter portfolio composition. While both funds provide technology exposure, they do so through entirely different company sets, offering diversification across market caps rather than just different sector bets.

Which investing goal might QQQM versus RSPT suit?

QQQM is often used as a core holding for growth-oriented investors seeking broad exposure to large-cap US tech and growth companies with low costs. It captures the performance of the largest Nasdaq firms. Conversely, RSPT serves investors who want to bet specifically on the technology sector's performance across the entire market cap spectrum, not just the giants. It is a tactical tool for those who believe in a broader tech rally or want to diversify their tech exposure away from mega-cap concentration, typically as a satellite holding.

How do liquidity and net assets compare between QQQM and RSPT?

QQQM is a significantly larger fund with $105.7 billion in net assets, facilitating high liquidity and minimal bid-ask spreads for active traders. RSPT manages $6.3 billion, which is robust for a niche sector fund but indicates lower trading volumes. While this size gap generally doesn't impact the underlying performance for buy-and-hold investors, it suggests that QQQM is a mainstream large-cap growth vehicle, whereas RSPT is a more specialised tool. High liquidity in QQQM allows for easier entry and exit at market prices compared to the mid-sized RSPT.

How does the dividend yield differ for QQQM and RSPT?

Both funds offer low income, reflecting the growth-oriented nature of their constituent companies which prioritise reinvestment over payouts. QQQM has a dividend yield of 0.43%, while RSPT yields 0.23%. Neither is suitable for income-focused strategies. These yields are modest compared to broad dividend-paying indices. The distribution amounts are generally small relative to capital appreciation potential. The slightly lower yield in RSPT is often typical for the technology sub-sectors it covers, emphasizing that capital gains, rather than income, remain the primary investment objective for both funds.

How does the age of the fund affect QQQM vs. RSPT?

RSPT was launched on Nov 1, 2006, offering nearly two decades of track record performance and management history in equal-weighted tech strategies. QQQM, launched on Oct 13, 2020, is a much newer vehicle, created as a lower-cost alternative to QQQ. While QQQM is young, it tracks the Nasdaq 100, an established benchmark, so the long-term history lies with the index it follows. The difference in inception dates affects how much direct track record an investor can verify for these specific fund implementations versus the underlying strategies.

What does it mean that the index tracked is 'not available'?

Although the specific index names are marked 'not available' in this data snapshot, investors can infer the strategy from the fund names. QQQM typically tracks a Nasdaq 100 benchmark, reflecting large-cap growth dynamics. RSPT targets an equal-weighted subset of technology stocks within the S&P 500. When index data is missing from a comparison, investors should check the official fund prospectus or issuer website for the exact underlying benchmark to understand how constituent inclusion and weighting rules are technically defined.

What is the main takeaway when comparing QQQM to RSPT?

The comparison highlights a choice between cost efficiency, diversification, and sector purity. QQQM offers a broader growth mix at a very low 0.15% expense ratio with massive liquidity. RSPT provides a pure technology play, mitigating mega-cap concentration risk via equal weighting, but at a higher cost of 0.40%. Choosing between them depends on an investor's outlook on tech stocks versus broader large-cap growth. This page provides educational comparison data. It is not financial advice, and individual circumstances should always be considered when making investment decisions.

QQQM vs RSPT

Two funds, one decision: we compare cost, performance and what each ETF actually holds in September 2026.

Compare QQQM (Invesco NASDAQ 100 ETF) and RSPT (Invesco S&P 500 Equal Weight Technology ETF). This page details fees, holdings, dividends and how each fund tracks its market, including expense ratios of 0.15% for QQQM and 0.40% for RSPT, offering a neutral look at Large Growth versus focused Technology exposure. Educational content, not financial advice.

Fund Snapshot

Key Fund Metrics

QQQM

Metric

RSPT

0.15%

Expense Ratio

0.40%

0.43%

Dividend Yield

0.23%

$105.70B

Net Assets

$6.28B

106

Holdings

Oct 13, 2020

Inception Date

Nov 1, 2006

–

Index Tracked

–

Large Growth

Fund Category

Technology

QQQM costs about $25.00 less per year for every $10,000 invested.

Shared Top Holdings

These funds do not share any of their top holdings.

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Investment Analysis

QQQM

Pros

The fund's 0.15 percent expense ratio and $105.7 billion net assets provide cost efficiency and strong liquidity.
A diversified portfolio includes ten major technology and internet stocks with the largest holding at 8.46 percent.
Recent inception in October 2020 ensures modern index tracking methodologies for a large growth exposure.

Considerations

The low dividend yield of 0.43 percent limits regular income compared with broader market averages.
Heavy concentration in a single growth sector may increase volatility relative to diversified core equity funds.
Specific index tracking methodology remains unavailable in official fund data.

RSPT

Pros

Equal weighting technology holdings caps top stocks near 2.06 percent, reducing single company concentration risk.
The fund's $6.3 billion net assets offer sufficient scale for a specialised technology sector strategy.
Long operating history since November 2006 demonstrates experience in managing equal weighted technology portfolios.

Considerations

The 0.40 percent expense ratio is higher than typical broad market index funds.
Extremely low dividend yield of 0.23 percent provides minimal income for investors.
Exclusive focus on the technology sector creates higher volatility than multi sector diversified portfolios.

About QQQM and RSPT

QQQM (QQQM)

The Invesco NASDAQ 100 ETF (QQQM) aims to track the performance of the Nasdaq 100 Index, offering investors exposure to a concentrated basket of large-cap growth companies. As a cost-effective version of the well-known Nasdaq exposure, it typically features lower fees than its larger sibling, making it an attractive option for buy-and-hold strategies. The fund holds approximately 106 companies, heavily weighted towards the technology sector, but also including consumer services, health care, and industrials. With net assets exceeding $105 billion, it provides deep liquidity. While historically associated with strong growth during bullish market periods, investors should remember that the underlying companies are subject to market volatility. Values can rise and fall, and returns are not guaranteed. It suits those seeking broad exposure to major US tech and growth innovators, rather than personalised financial advice.

RSPT (RSPT)

The Invesco S&P 500 Equal Weight Technology ETF (RSPT) is an exchange-traded fund designed to provide investors with broad exposure to the technology sector within the S&P 500. Unlike traditional index funds that weight companies by market capitalisation—often concentrating holdings in a few mega-cap firms—RSPT assigns an equal weight to each underlying holding. This approach ensures that mid-cap and large-cap technology companies all have the same influence on the fund's performance, potentially offering a more diversified view of the sector. Launched in November 2006, the fund currently holds 77 companies with net assets of approximately USD 6.28 billion. It features an expense ratio of 0.40% and a dividend yield of 0.23%. As with all technology-focused investments, RSPT can be subject to significant volatility, and values may rise or fall, so it is important for investors to understand the inherent risks.

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QQQM vs RSPT

Fund Snapshot