PRN vs QQQ
Invesco Dorsey Wright Industrials Momentum ETF vs Invesco QQQ Trust, Series 1
Which is better, PRN or QQQ?
QQQ has been ahead.
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window. PRN is less concentrated, with 41.0% 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 | PRN | QQQ |
|---|---|---|
| Expense Ratio | 0.60% | 0.18%Best |
| AUM | $340M | $506.1B |
| Dividend Yield | 0.00% | 0.42% |
| Holdings | 96 | 321 |
| YTD Return | +8.44% | +19.30%Best |
| 1Y Return | +9.06% | +22.47%Best |
| 3Y Return (annualized) | +24.80% | +26.18%Best |
| 5Y Return (annualized) | +14.17% | +15.42%Best |
| Volatility (annualized) | 21.4% | 18.6%Best |
| Max Drawdown | -59.9% | -53.5%Best |
| $10,000 over 5 years | $19,398 | $20,484Best |
| Top 10 Weight | 41.0%Best | 46.7% |
| Fund Family | Invesco (US) | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | Oct 12, 2006 | Mar 10, 1999 |
Volatility and max drawdown are measured over the window both funds cover: Oct 12, 2006 to Oct 14, 2026 (20 years).
PRN 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 20 years both funds cover.
PRN vs QQQ Performance
Invesco Dorsey Wright Industrials Momentum ETF (PRN) is an ETF from Invesco (US) and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year PRN returned +9.06% while QQQ returned +22.47%. Year to date, PRN is up 8.44% versus a gain of 19.30% for QQQ.
Over three years, PRN compounded at +24.80% per year against +26.18% for QQQ; over five years the annualized figures are +14.17% and +15.42% respectively. Across the full 20-year window we track, QQQ has the edge at +15.49% annualized vs +11.35%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
PRN has been the more volatile fund, with annualized monthly volatility of 21.4% compared with 18.6% for QQQ. 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 -59.9% for PRN 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 0.80. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
PRN charges 0.60% per year while QQQ charges 0.18%. On a $10,000 position that is $60 vs $18 annually, a gap of $42 per year that compounds over a long holding period. On income, PRN currently yields 0.00% against 0.42% for QQQ.
Holdings Overlap
4.7% of PRN's money is in holdings QQQ also owns. 0.3% of QQQ's money is in holdings PRN also owns.
PRN and QQQ share little of their money.
1 positions in common, counted across the 35 positions we hold weights for in PRN and 101 in QQQ, against full books of 96 and 321.
What only one of them owns
Our book lists 92 positions for QQQ that do not appear in our book for PRN (96.0% of the fund), and 33 for PRN that do not appear in QQQ (93.0%).
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 PRN | Weight in QQQ | Difference |
|---|---|---|---|
| CTASCintas Corp. | 4.73% | 0.33% | 4.40% |
You are not choosing between two funds in isolation.
Whichever of PRN and QQQ you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, PRN or QQQ?
PRN has an expense ratio of 0.60% while QQQ charges 0.18%. QQQ is the cheaper option, by $42 a year on a $10,000 investment.
Which performed better, PRN or QQQ?
Over the past year PRN returned +9.06% vs +22.47% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (20 years), PRN annualized +11.35% vs +15.49% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, PRN or QQQ?
PRN has been the more volatile fund at 21.4% annualized versus 18.6% for QQQ. Worst drawdown: PRN -59.9% vs QQQ -53.5%.
Should I hold both PRN and QQQ?
PRN and QQQ have a monthly-return correlation of 0.80, 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 PRN and QQQ?
4.7% of PRN's money is in holdings QQQ also owns. 0.3% of QQQ's is in holdings PRN also owns. They hold 1 positions in common, counted across the 35 positions we hold weights for in PRN and 101 in QQQ.
Which pays a higher dividend, PRN or QQQ?
PRN yields 0.00% while QQQ yields 0.42%, so QQQ currently pays the higher dividend yield.
Is QQQ better than PRN?
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window. PRN is less concentrated, with 41.0% 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.