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Source document· May 17, 2026

Why Would Anyone Buy SPYM Instead of QQQ?

View original at nasdaq.com
Why Would Anyone Buy SPYM Instead of QQQ? Key Points The Invesco QQQ ETF has mostly outperformed the S&P 500 index, but tech stocks can be riskier and more volatile…
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  • Technology holdings make up almost 64% of the Invesco QQQ ETF.

    60% confidence
  • As of May 13, the top 10 holdings in SPYM are all tech stocks, with the same top five companies as QQQ.

    60% confidence
  • As of April 29, QQQ had delivered a 10-year cumulative return of 578.64%, meaning $10,000 invested 10 years ago would be worth $67,864.

    60% confidence
  • Some investors are worried that the hundreds of billions of dollars being spent on AI may not pan out, risking a 2000-style downturn in the Nasdaq-100.

    60% confidence
  • After the dot-com bubble burst in 2000, the Nasdaq-100 had a 'lost decade' and took more than 10 years to recover its losses, with the S&P 500 often outperforming during 2000-2015.

    60% confidence
  • SPYM has delivered average annual returns of 15.25% by net asset value over the past 10 years.

    60% confidence
  • Stock Advisor's total average return is 993%, compared to 207% for the S&P 500.

    60% confidence
  • The Nasdaq-100 has outperformed the S&P 500 for the past 15 years.

    60% confidence
  • QQQ has delivered average annual returns of 18.98% over the past 10 years by net asset value.

    60% confidence
  • As of June 30, 2025, the Invesco QQQ ETF had beaten the S&P 500 in seven of the previous 10 years.

    60% confidence
  • SPYM is less tech-heavy than QQQ, consisting of 37.1% information technology stocks, 11.4% financials, 10.9% communication services, 9.8% consumer discretionary, and 8.5% industrials.

    60% confidence

Data points we hold from this source

Walmart Inc. · market share2.9 percent
Costco Wholesale Corporation · market share2.1 percent
What we know · the intelligence behind this page
Live from the substrate
What we're seeing
AI Funding Surge: Capital Floods Fintech, Foundation Models, and Autonomous Systems
A concentrated burst of AI-linked funding on 2026-08-28 pushed well over $1.5B into companies spanning fraud/identity fintech (Socure, which also acquired Fravity), foundation models (Stability AI), AI agents and enterprise tooling (Instinct, Generalist AI, Emerald AI, Owner), and AI-adjacent autonomous/aerospace ventures (Gatik, Regent Craft). The breadth and simultaneity of these rounds signal that investor appetite for AI is not concentrated in a single vertical but is broadening into applied and infrastructure-adjacent domains, with consolidation (Socure-Fravity) beginning alongside fresh capital formation.
Our read on the data ›
Signals we're tracking
EPKINLY Regulatory-Clinical Success Cascade
High probability of expanded label indications, additional combination approvals, and competitive positioning strength in follicular lymphoma market. Predicts positive commercial uptake and potential accelerated review for related indications.
Patterns we're watching ›
Where sources disagree
Morgan Stanley & Co. LLC
The same metric (eps) for the same entity (Morgan Stanley & Co. LLC) reported for the identical fiscal period (Q1 2026) and observation date (2026-03-31) has two conflicting values: 3.43 USD_per_share vs 3.08 USD. This is not a temporal change — both observations claim to measure the same point in time. The ~10% discrepancy (0.35 USD difference) is material for a financial metric.
We flag conflicts openly ›
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