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Updated Reviewed quarterly

QQQM vs VGT: ETF Comparison

QQQM · Invesco

TER 0.15% · Yield —

VGT · Vanguard

TER 0.09% · Yield 0.3%

Both QQQM and VGT are US-listed and trigger FIF tax for NZ residents above the NZ$50,000 overseas-share threshold. The comparison is about exposure, fee, and strategy — both share the same NZ tax friction.

In 30 seconds: QQQM (Invesco Nasdaq-100 ETF, Invesco) trades on the NASDAQ at 0.15% TER. VGT (Vanguard Information Technology ETF, Vanguard) trades on the NYSE Arca at 0.09% TER. Both QQQM and VGT are US-listed and trigger FIF tax for NZ residents above the NZ$50,000 overseas-share threshold. The comparison is about exposure, fee, and strategy — both share the same NZ tax friction.

  • QQQM: Invesco Nasdaq-100 ETF — 0.15% TER, FIF above NZ$50K
  • VGT: Vanguard Information Technology ETF — 0.09% TER, FIF above NZ$50K
  • QQQM yield: not currently published
  • VGT yield: 0.3% (Quarterly)
  • Cheaper TER: VGT

Head-to-head comparison

FeatureQQQMVGT
FundInvesco Nasdaq-100 ETFVanguard Information Technology ETF
IssuerInvescoVanguard
ExchangeNASDAQNYSE Arca
Total expense ratio0.15%0.09%
Dividend yield (TTM)—0.3%
Distribution frequencyQuarterlyQuarterly
NZ tax wrapperFIF above NZ$50KFIF above NZ$50K

Where to buy

QQQM trades on the NASDAQ — buy via Hatch, Stake, Sharesies, Tiger and Interactive Brokers. VGT trades on the NYSE Arca — buy via Hatch, Stake, Sharesies, Tiger and Interactive Brokers. See all 11 NZ investment platforms compared.

Frequently asked questions

What is the difference between QQQM and VGT?▾

QQQM (Invesco Nasdaq-100 ETF) charges 0.15% TER vs VGT (Vanguard Information Technology ETF) at 0.09%. QQQM is from Invesco; VGT is from Vanguard. Both QQQM and VGT are US-listed and trigger FIF tax for NZ residents above the NZ$50,000 overseas-share threshold. The comparison is about exposure, fee, and strategy — both share the same NZ tax friction.

Which has the lower fee, QQQM or VGT?▾

VGT is cheaper at 0.09% TER vs QQQM at 0.15% — a gap of 0.06 percentage points.

Which yields more, QQQM or VGT?▾

Yield data for at least one fund is not currently published — check the issuer fact sheet for the latest trailing 12-month yield. Headline yield is gross; after-tax outcome depends on your tax wrapper (FIF above NZ$50K for QQQM, FIF above NZ$50K for VGT).

Can NZ residents buy both QQQM and VGT?▾

Yes. QQQM is available via Hatch, Stake, Sharesies, Tiger and Interactive Brokers. VGT is available via Hatch, Stake, Sharesies, Tiger and Interactive Brokers.

How does NZ tax differ between QQQM and VGT?▾

QQQM is FIF above NZ$50K. VGT is FIF above NZ$50K. Same tax wrapper, no structural tax difference between the two for NZ residents. See /tax/pie-vs-fif/ for the full mechanics.

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