Two popular ways to invest in US tech. Compare their holdings, fees, and structure.
It depends on what you want: QQQ includes Amazon, Tesla, and Meta (broader innovation exposure). VGT is pure tech with lower fees (0.10% vs 0.20%). For most NZ investors, QQQ offers better diversification across growth sectors.
Tracks the 100 largest non-financial Nasdaq companies. Tech-heavy but includes:
Strictly information technology sector only. Excludes companies classified in other sectors:
| Feature | QQQ | VGT | Winner |
|---|---|---|---|
| Expense Ratio | 0.20% | 0.10% | VGT |
| Holdings | 100 | 300+ | VGT |
| Sector Diversity | Multiple sectors | Tech only | QQQ |
| Includes Amazon | Yes | No | QQQ |
| Includes Tesla | Yes | No | QQQ |
| AUM | $280B+ | $75B+ | QQQ |
| Share Price | ~$520 | ~$580 | Similar |
Both QQQ and VGT are available on Hatch, Stake, Sharesies, and Interactive Brokers. No difference in accessibility for Kiwis.
Both are US-domiciled ETFs. Same FIF rules apply. Same 15% US withholding tax on dividends (with W-8BEN).
Both have high share prices ($500+). Use Sharesies or Stake if you want to invest smaller amounts via fractional shares.
These are general product characteristics, not recommendations. Consult a licensed financial adviser to assess suitability for your circumstances.
Compare platforms available to NZ investors