POWA vs QQQ
Invesco Bloomberg Pricing Power ETF vs Invesco QQQ Trust, Series 1
Which is better, POWA or QQQ?
Large Cap Blend against Large Cap Growth.
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window. POWA is less concentrated, with 22.9% of the fund in its ten largest positions against 46.7%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | POWA | QQQ |
|---|---|---|
| Expense Ratio | 0.40% | 0.18%Best |
| AUM | $162M | $506.1B |
| Dividend Yield | 0.98% | 0.42% |
| Holdings | 106 | 321 |
| YTD Return | -0.75% | +19.30%Best |
| 1Y Return | -0.04% | +22.47%Best |
| 3Y Return (annualized) | +10.97% | +26.18%Best |
| 5Y Return (annualized) | +6.65% | +15.42%Best |
| Volatility (annualized) | 13.3%Best | 18.7% |
| Max Drawdown | -47.9%Best | -53.5% |
| $10,000 over 5 years | $13,798 | $20,484Best |
| Top 10 Weight | 22.9%Best | 46.7% |
| Fund Family | Invesco (US) | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Growth |
| Inception | Dec 15, 2006 | Mar 10, 1999 |
Volatility and max drawdown are measured over the window both funds cover: Dec 15, 2006 to Oct 14, 2026 (19.8 years).
POWA vs QQQ growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 19.8 years both funds cover.
POWA vs QQQ Performance
Invesco Bloomberg Pricing Power ETF (POWA) is an ETF from Invesco (US) and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year POWA returned -0.04% while QQQ returned +22.47%. Year to date, POWA is down 0.75% versus a gain of 19.30% for QQQ.
Over three years, POWA compounded at +10.97% per year against +26.18% for QQQ; over five years the annualized figures are +6.65% and +15.42% respectively. Across the full 20-year window we track, QQQ has the edge at +15.35% annualized vs +8.41%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 18.7% compared with 13.3% for POWA. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -47.9% for POWA and -53.5% for QQQ. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.74. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
POWA charges 0.40% per year while QQQ charges 0.18%. On a $10,000 position that is $40 vs $18 annually, a gap of $22 per year that compounds over a long holding period. On income, POWA currently yields 0.98% against 0.42% for QQQ.
Holdings Overlap
24.4% of POWA's money is in holdings QQQ also owns. 12.1% of QQQ's money is in holdings POWA also owns.
POWA and QQQ share little of their money.
12 positions in common, counted across the 51 positions we hold weights for in POWA and 101 in QQQ, against full books of 106 and 321.
What only one of them owns
Our book lists 81 positions for QQQ that do not appear in our book for POWA (84.1% of the fund), and 39 for POWA that do not appear in QQQ (75.5%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in POWA | Weight in QQQ | Difference |
|---|---|---|---|
| MSFTMicrosoft Corp | 2.26% | 5.76% | 3.50% |
| WMTWalmart, Inc. | 1.93% | 2.11% | 0.18% |
| KLACKla-tencor | 2.34% | 1.06% | 1.28% |
| ISRGIntuitive Surgical Inc. | 2.09% | 0.60% | 1.49% |
| PEPPepsico Inc. | 1.87% | 0.72% | 1.15% |
| NXPINxp Semiconductors Nv Sedol B505Pn7 | 2.29% | 0.25% | 2.04% |
| MARMarriott International, Inc. | 2.11% | 0.39% | 1.72% |
| FASTFastenal Co. | 2.09% | 0.24% | 1.85% |
| ORLYO'Eilly Automotive, Inc. | 1.97% | 0.29% | 1.68% |
| ADBEAdobe Systems | 1.85% | 0.40% | 1.45% |
24.4% of POWA is already inside QQQ.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, POWA or QQQ?
POWA has an expense ratio of 0.40% while QQQ charges 0.18%. QQQ is the cheaper option, by $22 a year on a $10,000 investment.
Which performed better, POWA or QQQ?
Over the past year POWA returned -0.04% vs +22.47% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (20 years), POWA annualized +8.41% vs +15.35% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, POWA or QQQ?
QQQ has been the more volatile fund at 18.7% annualized versus 13.3% for POWA. Worst drawdown: POWA -47.9% vs QQQ -53.5%.
Should I hold both POWA and QQQ?
POWA and QQQ have a monthly-return correlation of 0.74, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between POWA and QQQ?
24.4% of POWA's money is in holdings QQQ also owns. 12.1% of QQQ's is in holdings POWA also owns. They hold 12 positions in common, counted across the 51 positions we hold weights for in POWA and 101 in QQQ.
Which pays a higher dividend, POWA or QQQ?
POWA yields 0.98% while QQQ yields 0.42%, so POWA currently pays the higher dividend yield.
Is QQQ better than POWA?
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window. POWA is less concentrated, with 22.9% of the fund in its ten largest positions against 46.7%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.