Updated Reviewed quarterly
QQQM vs VGT: ETF Comparison
QQQM · Invesco
TER 0.15% · Yield 0.6%
VGT · Vanguard
TER 0.10% · Yield 0.6%
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 0.10% 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 — 0.10% TER, FIF above NZ$50K
- QQQM yield: 0.6% (Quarterly)
- VGT yield: 0.6% (Quarterly)
- Cheaper TER: VGT
Head-to-head comparison
| Feature | QQQM | VGT |
|---|---|---|
| Fund | Invesco Nasdaq-100 ETF | Vanguard Information Technology ETF |
| Issuer | Invesco | Vanguard |
| Exchange | NASDAQ | NYSE Arca |
| Total expense ratio | 0.15% | 0.10% |
| Dividend yield (TTM) | 0.6% | 0.6% |
| Distribution frequency | Quarterly | Quarterly |
| NZ tax wrapper | FIF above NZ$50K | FIF above NZ$50K |
Where to buy
QQQM trades on the NASDAQ. VGT trades on the NYSE Arca. Both are US-listed and accessible 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 0.10%. 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 0.10% TER vs QQQM at 0.15% — a gap of 0.05 percentage points.
Which yields more, QQQM or VGT? ▾
QQQM trailing 12-month yield is 0.6%; VGT is 0.6%. 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 (NASDAQ) is available via Hatch, Stake, Sharesies, Tiger, Interactive Brokers. VGT (NYSE Arca) is available via Hatch, Stake, Sharesies, Tiger, IBKR.
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.
