ETF comparison

EQQQ vs XNAS

Invesco EQQQ NASDAQ-100 UCITS ETF Dist
IE0032077012Invesco
Xtrackers NASDAQ 100 UCITS ETF 1C
IE00BMFKG444Xtrackers
Figures as of October 1, 2026 (EQQQ) · October 1, 2026 (XNAS)

The comparison in short

EQQQ (Invesco EQQQ NASDAQ-100 UCITS ETF Dist, IE0032077012) and XNAS (Xtrackers NASDAQ 100 UCITS ETF 1C, IE00BMFKG444) both track the NASDAQ-100 index. XNAS has the lower total expense ratio (TER): 0.20% a year against 0.30% for EQQQ, 0.1 percentage points less, or about 10 a year on 10,000 invested. EQQQ is the larger fund, with USD 21.96bn in assets against GBP 2.16bn for XNAS. 8 of the holdings published by EQQQ (top 10) and XNAS (top 10) appear in both lists; measured on those published positions only, the overlap is at least 42.3%. Shared holdings include Nvidia, Apple, Alphabet, Microsoft and Micron Technology. In 2025, EQQQ returned +20.6% and XNAS +20.7%, a gap of 0.1 percentage points. Over 5 years, EQQQ returned +16.0% a year and XNAS +16.1% a year. XNAS reinvests its income (accumulating), while EQQQ pays it out (distributing). EQQQ and XNAS both hold the index securities directly (physical replication). Both are domiciled in Ireland. EQQQ carries a risk indicator (SRRI) of 6 and XNAS of 5, on the 1–7 scale. This is a factual comparison from the fund houses' documents, not investment advice.

Side by side

FigureEQQQXNAS
ISINIE0032077012IE00BMFKG444
Exchange tickersEQQQ, EQQUXNAS, XNAQ
Fund houseInvescoXtrackers
Total expense ratio (TER)0.30%0.20%
Ongoing charges (KID)0.30%0.20%
Fund sizeUSD 21.96bnGBP 2.16bn
Launch dateDecember 2, 2002January 21, 2021
ReplicationPhysicalPhysical
DomicileIrelandIreland
Distribution policyDistributingAccumulating
Share class currencyUSDUSD
Number of holdings103—
Risk indicator (SRRI)6 / 75 / 7
SFDR classificationArticle 6—
BenchmarkNASDAQ-100 Index (USD)NASDAQ 100 Index (USD)

Performance

Calendar-year returns

YearEQQQXNASDifference
2025+20.6%+20.7%−0.1
2024+25.4%+25.5%−0.1
2023+54.5%+54.6%−0.1
2022−32.6%−32.6%0.0

Annualised returns

PeriodEQQQXNASDifference
1 year+23.3%+23.4%−0.1
3 years+27.6%+28.0%−0.4
5 years+16.0%+16.1%−0.1
Returns as published by each fund house, in each share class's currency and net of the fund's charges. The difference is in percentage points. Past performance does not predict future returns.

Holdings

8 of the holdings published by EQQQ (top 10) and XNAS (top 10) appear in both lists; measured on those published positions only, the overlap is at least 42.3%. Shared holdings include Nvidia, Apple, Alphabet, Microsoft and Micron Technology.

Top 10 holdings of EQQQ

#HoldingWeight
1
NvidiaIn both
8.52%
2
AppleIn both
7.42%
3
MicrosoftIn both
6.01%
4
Micron TechnologyIn both
4.76%
5
AmazonIn both
4.46%
6
Advanced Micro DevicesIn both
3.38%
7
AlphabetIn both
3.15%
8
TeslaIn both
2.93%
9
AlphabetIn both
2.92%
10
Broadcom
2.80%

Top 10 holdings of XNAS

#HoldingWeight
1
NVIDIAIn both
8.41%
2
APPLEIn both
7.29%
3
MICROSOFTIn both
5.76%
4
MICRON TECHNOLOGYIn both
5.18%
5
ADVANCED MICRO DEVICESIn both
4.20%
6
AMAZON COM INCIn both
4.05%
7
META PLATFORMS CLASS A
3.27%
8
ALPHABET CLASS AIn both
3.00%
9
TESLA INCIn both
2.81%
10
ALPHABET CLASS CIn both
2.80%
Compare every published holding of EQQQ and XNAS in the overlap checker

Sectors and countries

Largest sectors of EQQQ

  1. Information technology58.6%
  2. Communication services13.7%
  3. Consumer discretionary11.1%
  4. Consumer staples6.2%
  5. Health care4.0%
  6. Industrials3.6%
+ 4 more

Largest sectors of XNAS

  1. Technology62.7%
  2. Consumer Discretionary13.7%
  3. Others9.4%
  4. Consumer Staples5.3%
  5. Health Care3.7%

Largest countries of EQQQ

  1. United States97.0%
  2. Netherlands1.1%
  3. Canada1.0%
  4. Brazil0.4%
  5. China0.2%
  6. United Kingdom0.2%

Largest countries of XNAS

  1. United States95.6%
  2. Netherlands1.4%
  3. Canada0.9%
  4. Ireland0.9%
  5. United Kingdom0.7%
  6. Others0.6%

Frequently asked questions

What is the difference between EQQQ and XNAS?

EQQQ (Invesco EQQQ NASDAQ-100 UCITS ETF Dist, IE0032077012) and XNAS (Xtrackers NASDAQ 100 UCITS ETF 1C, IE00BMFKG444) both track the NASDAQ-100 index. XNAS has the lower total expense ratio (TER): 0.20% a year against 0.30% for EQQQ, 0.1 percentage points less, or about 10 a year on 10,000 invested. XNAS reinvests its income (accumulating), while EQQQ pays it out (distributing). EQQQ and XNAS both hold the index securities directly (physical replication). Both are domiciled in Ireland. This is a factual comparison from the fund houses' documents, not investment advice.

Which is cheaper, EQQQ or XNAS?

XNAS has the lower total expense ratio (TER): 0.20% a year against 0.30% for EQQQ, 0.1 percentage points less, or about 10 a year on 10,000 invested. Their key information documents state ongoing charges of 0.30% for EQQQ and 0.20% for XNAS.

Which is bigger, EQQQ or XNAS?

EQQQ is the larger fund, with USD 21.96bn in assets against GBP 2.16bn for XNAS.

Do EQQQ and XNAS hold the same companies?

8 of the holdings published by EQQQ (top 10) and XNAS (top 10) appear in both lists; measured on those published positions only, the overlap is at least 42.3%. Shared holdings include Nvidia, Apple, Alphabet, Microsoft and Micron Technology.

How did EQQQ and XNAS perform in 2025?

In 2025, EQQQ returned +20.6% and XNAS +20.7%, a gap of 0.1 percentage points. Over 5 years, EQQQ returned +16.0% a year and XNAS +16.1% a year. Over the past year, EQQQ returned +23.3% and XNAS +23.4%. Past performance does not predict future returns.

Are EQQQ and XNAS accumulating or distributing?

EQQQ is distributing: it pays its income out to investors. XNAS is accumulating: it reinvests its income in the fund.

Go further

Other comparisons

Figures are read from the documents each fund house publishes (product page, factsheet, key information document, holdings file) and refreshed weekly. Names and tickers identify the products; FundFacts API is independent of every fund house and index provider. This comparison is factual information, not investment advice or a recommendation to buy or sell either fund.