IQMM vs QQQ
ProShares GENIUS Money Market ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
IQMM has a lower expense ratio. QQQ offers more diversification with 108 holdings.
Side-by-Side Comparison
| Metric | IQMM | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.15% | 0.18% | |
| AUM | $17.9B | $496.3B | |
| Dividend Yield | 1.50% | 0.44% | |
| Holdings | 13 | 108 | |
| YTD Return | +1.74% | +15.47% | |
| 1Y Return | - | +24.44% | |
| 3Y Return (annualized) | - | +25.47% | |
| 5Y Return (annualized) | - | +14.22% | |
| Volatility (annualized) | - | 30.6% | |
| Max Drawdown | -0.1% | -83.0% | |
| Fund Family | ProShares | Invesco (US) | |
| Category | Money Market | Equity | |
| Inception | Feb 17, 2026 | Mar 10, 1999 |
IQMM vs QQQ Performance
ProShares GENIUS Money Market ETF (IQMM) is a ETF from ProShares and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Year to date, IQMM is up 1.74% versus a gain of 15.47% for QQQ.
Risk: Volatility and Drawdowns
The deepest peak-to-trough decline in our data was -0.1% for IQMM and -83.0% for QQQ. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
Fees and Cost Over Time
IQMM charges 0.15% per year while QQQ charges 0.18%. On a $10,000 position that is $15 vs $18 annually, a gap of $3 per year that compounds over a long holding period. On income, IQMM currently yields 1.50% against 0.44% for QQQ.
Frequently Asked Questions
Which is cheaper, IQMM or QQQ?
IQMM has an expense ratio of 0.15% while QQQ charges 0.18%. IQMM is the cheaper option. On a $10,000 investment, that is $3 per year of difference.
Which pays a higher dividend, IQMM or QQQ?
IQMM yields 1.50% while QQQ yields 0.44%, so IQMM currently pays the higher dividend yield.
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