# BlackRock Launches Cheaper Nasdaq ETF

> BlackRock's new ETF offers lower fees than QQQ for Nasdaq-100 investors.
- Title: BlackRock Launches Cheaper Nasdaq ETF · 24/7 Wall St.
- Summary: BlackRock's new ETF offers lower fees than QQQ for Nasdaq-100 investors. BlackRock's IQQ ETF charges 0.10% expense ratio versus QQQ's 0.18% with fee waiver…
- Keywords: blackrock, qqq, nasdaq, iquest, expense ratio, fee waiver, nasdaq-100, Launches, Cheaper, ETF, 24/7 Wall St.
- Source: 24/7 Wall St. — https://247wallst.com/investing/2026/09/22/blackrock-just-declared-war-on-qqq-heres-how-you-can-collect-the-spoils
- Author: Omor Ibne Ehsan
- Published: 2026-09-22T13:35:36+00:00
- Read time: 1 min
- Topics: blackrock, qqq, nasdaq, iquest, expense ratio, fee waiver, nasdaq-100
## BlackRock launches new ETF
BlackRock just launched a new ETF that tracks the exact same index as QQQ but charges you less for the privilege.
## QQQ's expense ratio
QQQ charges $18 per $10,000 invested while IQQ offers a 0.10% expense ratio with fee waiver through July 2027.
## QQQ's market dominance
QQQ pulls in $1-3 billion daily inflows versus IQQ's $239 million in first two weeks.
## QQQ's liquidity advantage
QQQ has 10.1 million open options contracts per day with no competing ETF replicating this liquidity.
## Fee savings vs. tax impact
Switching from QQQ to IQQ would incur tax bills exceeding fee savings for most investors.
## When to switch
Only new investors with long-term buy-and-hold strategy should consider IQQ over QQQ.
## Key takeaway

BlackRock's IQQ ETF charges 0.10% expense ratio versus QQQ's 0.18% with fee waiver through July 2027.