Advertisement
QQQM vs QTOP
Which ETF would AI Choose? Invesco NASDAQ 100 ETF (QQQM) vs. iShares Nasdaq Top 30 Stocks ETF (QTOP)
Key Takeaways
- Invesco NASDAQ 100 ETF (QQQM) tracks the full QQQM NASDAQ-100 Index with approximately 102 holdings, offering broad exposure to large-cap growth stocks excluding financials at a 0.15% expense ratio.
- iShares Nasdaq Top 30 Stocks ETF (QTOP) focuses on the 30 largest companies by market capitalization within the NASDAQ-100, resulting in higher concentration (around 31 holdings) and a 0.20% expense ratio.
- Both exchange-traded funds (ETFs) emphasize technology and growth sectors but differ in diversification: QQQM provides wider sector spread while QTOP amplifies exposure to mega-cap leaders like NVIDIA, Apple, and Microsoft.
- Structural differences include QQQM’s quarterly rebalancing versus QTOP’s market-cap weighting with issuer caps, influencing relative volatility and liquidity profiles.
- Cost efficiency favors QQQM for long-term buy-and-hold strategies, while QTOP suits investors seeking concentrated thematic bets within the same ecosystem.
- Both remain positioned for innovation-driven market cycles, with performance driven by earnings from semiconductor and software leaders rather than short-term price fluctuations.
Introduction
Investors seeking growth-oriented equity exposure often compare variants of the NASDAQ-100 universe. The Invesco NASDAQ 100 ETF (QQQM) and iShares Nasdaq Top 30 Stocks ETF (QTOP) both target large-cap technology and innovation leaders but employ distinct methodologies. QQQM delivers broad index replication while QTOP concentrates on the top tier, creating complementary rather than directly competitive options for portfolio construction in the current environment of AI-driven capital flows and sector rotation.
Invesco NASDAQ 100 ETF (QQQM) Overview
The Invesco NASDAQ 100 ETF (QQQM) seeks to track the NASDAQ-100 Index, which comprises the 100 largest non-financial companies listed on Nasdaq. The fund holds approximately 102 securities and employs a modified market-capitalization weighting methodology with quarterly rebalancing and annual reconstitution. Top holdings typically include NVIDIA, Apple, Microsoft, Micron Technology, and Amazon, with technology comprising roughly 60% of assets, followed by communication services and consumer discretionary. The expense ratio stands at 0.15%. As a passive, physically replicated open-end ETF, QQQM offers tax-efficient exposure to established growth companies with strong liquidity and broad diversification within its mandate.
iShares Nasdaq Top 30 Stocks ETF (QTOP) Overview
The iShares Nasdaq Top 30 Stocks ETF (QTOP) tracks the Nasdaq-100 Top 30 Index, selecting the 30 largest companies by market capitalization from the NASDAQ-100. The fund maintains around 31 holdings with market-cap weighting subject to single-issuer caps at 22.5% and aggregate caps for larger positions. Leading positions feature NVIDIA, Apple, Microsoft, Micron Technology, and Advanced Micro Devices, resulting in technology exposure exceeding 60% and pronounced concentration in the top 10 holdings (approximately 60% of assets). The expense ratio is 0.20%. Launched in late 2024 as a passive, physically replicated ETF, QTOP provides focused access to mega-cap innovators with built-in diversification safeguards.
Industry and Thematic Backdrop
Both ETFs operate within the technology and growth equity landscape, where artificial intelligence, semiconductors, and cloud computing continue to drive capital allocation. Macroeconomic factors including interest rate expectations, corporate earnings cycles, and regulatory developments around data privacy and antitrust influence sector momentum. Capital flows have favored innovation leaders amid resilient consumer spending and enterprise digital transformation, though risks such as valuation compression, supply-chain disruptions, and geopolitical tensions in semiconductor manufacturing persist. The environment supports thematic exposure but rewards structural differences in concentration and cost.
Performance and Positioning Comparison
Over recent market cycles, QQQM has exhibited more stable relative performance due to its broader holdings base, moderating volatility during sector rotations. QTOP’s concentrated profile amplifies returns when top holdings outperform but increases sensitivity to individual company events or earnings misses. Both benefit from earnings strength in semiconductors and software during expansionary periods, yet QQQM offers smoother participation across the NASDAQ-100 while QTOP delivers leveraged exposure to the highest-conviction names within the same universe.
AI Screener
Tickeron’s AI Screener is an AI-powered stock and ETF discovery tool that helps traders and investors filter the market based on technical patterns, fundamentals, trends, volatility, and AI-driven signals. Users can scan thousands of stocks and ETFs using customizable filters such as industry, market capitalization, technical indicators, price patterns, and performance metrics. The screener helps identify trade ideas, trending stocks, breakout candidates, and market opportunities more efficiently than manual screening. Explore opportunities with the AI Screener.
Tickeron AI Verdict
Based on observable structural factors including lower expense ratio, broader diversification, and established liquidity, Tickeron’s AI would currently assign a higher probability of favor to the Invesco NASDAQ 100 ETF (QQQM) for most long-term investors seeking balanced exposure within the NASDAQ-100 ecosystem, while noting QTOP as a viable alternative for those prioritizing concentrated mega-cap positioning.
Disclaimer
The information on this webpage is provided for general informational and educational purposes only and is not intended as investment advice, a recommendation to purchase or sell any security, or an offer or solicitation related to investments. It does not consider your personal financial situation, goals, or risk profile, and all investing carries inherent risks, including the possibility of losing your entire investment. For more details, please review our full disclaimer.
To compare these two companies we present long-term analysis, their fundamental ratings and make comparative short-term technical analysis which are presented below. The conclusion is QQQM is a Hold and QTOP is a Hold.
QQQM sees MACD Histogram just turned negative
QQQM saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on October 13, 2026. This is a bearish signal that suggests the stock could decline going forward. Tickeron's A.I.dvisor looked at 46 instances where the indicator turned negative. In 41 of the 46 cases the stock moved lower in the days that followed. This puts the odds of a downward move at 89%.
Technical Analysis (Indicators)
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on October 14, 2026. You may want to consider selling the stock, shorting the stock, or exploring put options on QQQM as a result. In 68 of 85 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are 80%.
QQQM moved below its 50-day moving average on October 16, 2026 date and that indicates a change from an upward trend to a downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where QQQM declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 81%.
Bullish Trend Analysis
The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where QQQM's RSI Indicator exited the oversold zone, 22 of 26 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 85%.
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 6 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.
Following a +1.32% 3-day Advance, the price is estimated to grow further. Considering data from situations where QQQM advanced for three days, in 314 of 369 cases, the price rose further within the following month. The odds of a continued upward trend are 85%.
QQQM may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The Aroon Indicator entered an Uptrend today. In 312 of 346 cases where QQQM Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 90%.
QTOP sees MACD Histogram just turned negative
QTOP saw its Moving Average Convergence Divergence Histogram (MACD) turn negative on October 12, 2026. This is a bearish signal that suggests the stock could decline going forward. Tickeron's A.I.dvisor looked at 21 instances where the indicator turned negative. In 18 of the 21 cases the stock moved lower in the days that followed. This puts the odds of a downward move at 86%.
Technical Analysis (Indicators)
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on October 14, 2026. You may want to consider selling the stock, shorting the stock, or exploring put options on QTOP as a result. In 28 of 34 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are 82%.
QTOP moved below its 50-day moving average on October 16, 2026 date and that indicates a change from an upward trend to a downward trend.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where QTOP declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 78%.
Bullish Trend Analysis
The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where QTOP's RSI Indicator exited the oversold zone, 6 of 8 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 75%.
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 6 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.
Following a +1.22% 3-day Advance, the price is estimated to grow further. Considering data from situations where QTOP advanced for three days, in 111 of 133 cases, the price rose further within the following month. The odds of a continued upward trend are 83%.
QTOP may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The Aroon Indicator entered an Uptrend today. In 137 of 156 cases where QTOP Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 88%.
| QQQM | QTOP | |
|---|---|---|
| RSI ODDS (%) | 1 day ago 85% | 1 day ago 75% |
| Stochastic ODDS (%) | 1 day ago 90% | 1 day ago 90% |
| Momentum ODDS (%) | 1 day ago 80% | 1 day ago 82% |
| MACD ODDS (%) | 1 day ago 89% | 1 day ago 86% |
| TrendWeek ODDS (%) | 1 day ago 81% | 1 day ago 76% |
| TrendMonth ODDS (%) | 1 day ago 85% | 1 day ago 89% |
| Advances ODDS (%) | 18 days ago 85% | 18 days ago 83% |
| Declines ODDS (%) | 8 days ago 81% | 8 days ago 78% |
| BollingerBands ODDS (%) | 1 day ago 90% | 1 day ago 90% |
| Aroon ODDS (%) | 1 day ago 90% | 1 day ago 88% |
Advertisement
QTOP and
Correlation & Price change
A.I.dvisor indicates that over the last year, QTOP has been closely correlated with LRCX. These tickers have moved in lockstep 77% of the time. This A.I.-generated data suggests there is a high statistical probability that if QTOP jumps, then LRCX could also see price increases.
| Ticker / NAME | Correlation To QTOP | 1D Price Change % | ||
|---|---|---|---|---|
| QTOP | 100% | -3.45% | ||
| LRCX - QTOP | 77% Closely correlated | -11.76% | ||
| AMD - QTOP | 77% Closely correlated | -8.10% | ||
| AMAT - QTOP | 72% Closely correlated | -8.16% | ||
| KLAC - QTOP | 72% Closely correlated | -9.55% | ||
| NVDA - QTOP | 71% Closely correlated | -4.40% | ||
More | ||||
| 1 Day | |||
|---|---|---|---|
| ETFs / NAME | Price $ | Chg $ | Chg % |
| SPMB | 21.56 | 0.20 | +0.94% |
| State Street SPDR Portfolio Mortgage Backed Bond ETF (SPMB) | |||
| BNDC | 21.41 | 0.16 | +0.74% |
| Northern Trust Core Select Bond ETF (BNDC) | |||
| QOWZ | 38.03 | 0.16 | +0.43% |
| Invesco Nasdaq Free Cash Flow Achievers ETF (QOWZ) | |||
| DTH | 55.65 | -0.27 | -0.49% |
| WisdomTree International High Dividend Fund (DTH) | |||
| XXV | 22.17 | -0.48 | -2.13% |
| Simplify Ancorato Target 25 Distribution ETF (XXV) | |||