PTNQ vs QQQ
Pacer Trendpilot 100 ETF vs Invesco QQQ Trust, Series 1
Which is better, PTNQ or QQQ?
QQQ has been ahead.
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window. QQQ is less concentrated, with 46.7% of the fund in its ten largest positions against 46.8%.
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 | PTNQ | QQQ |
|---|---|---|
| Expense Ratio | 0.65% | 0.18%Best |
| AUM | $1.3B | $506.1B |
| Dividend Yield | 0.78% | 0.42% |
| Holdings | 207 | 321 |
| YTD Return | +11.96% | +19.30%Best |
| 1Y Return | +14.76% | +22.47%Best |
| 3Y Return (annualized) | +13.62% | +26.18%Best |
| 5Y Return (annualized) | +10.34% | +15.42%Best |
| Volatility (annualized) | 14.3%Best | 18.8% |
| Max Drawdown | -28.1%Best | -35.1% |
| $10,000 over 5 years | $16,356 | $20,484Best |
| Top 10 Weight | 46.8% | 46.7%Best |
| Fund Family | Pacer ETFs | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | Jun 11, 2015 | Mar 10, 1999 |
Volatility and max drawdown are measured over the window both funds cover: Jun 12, 2015 to Oct 14, 2026 (11.3 years).
PTNQ 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 11.3 years both funds cover.
PTNQ vs QQQ Performance
Pacer Trendpilot 100 ETF (PTNQ) is an ETF from Pacer ETFs and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year PTNQ returned +14.76% while QQQ returned +22.47%. Year to date, PTNQ is up 11.96% versus a gain of 19.30% for QQQ.
Over three years, PTNQ compounded at +13.62% per year against +26.18% for QQQ; over five years the annualized figures are +10.34% and +15.42% respectively. Across the full 11-year window we track, QQQ has the edge at +18.62% annualized vs +12.47%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 18.8% compared with 14.3% for PTNQ. 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 -28.1% for PTNQ and -35.1% 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 0.86. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
PTNQ charges 0.65% per year while QQQ charges 0.18%. On a $10,000 position that is $65 vs $18 annually, a gap of $47 per year that compounds over a long holding period. On income, PTNQ currently yields 0.78% against 0.42% for QQQ.
Holdings Overlap
95.4% of PTNQ's money is in holdings QQQ also owns. 95.0% of QQQ's money is in holdings PTNQ also owns.
Most of PTNQ is already inside QQQ. Owning both mostly buys the same companies twice.
96 positions in common, counted across the 101 positions we hold weights for in PTNQ and 101 in QQQ, against full books of 207 and 321.
What only one of them owns
Our book lists 1 positions for QQQ that do not appear in our book for PTNQ (2.8% of the fund), and 3 for PTNQ that do not appear in QQQ (3.0%).
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 PTNQ | Weight in QQQ | Difference |
|---|---|---|---|
| NVDANvidia Corp | 8.42% | 8.33% | 0.09% |
| AAPLApple, Inc | 7.29% | 7.35% | 0.06% |
| MSFTMicrosoft Corp | 5.76% | 5.76% | 0.00% |
| MUMicron Technology, Inc. | 5.17% | 5.02% | 0.15% |
| AMDAdvanced Micro Devices Inc | 4.20% | 4.17% | 0.03% |
| AMZNAmazon.Com Inc | 4.05% | 4.07% | 0.02% |
| METAMeta Platforms Inc | 3.27% | 3.26% | 0.01% |
| GOOGLAlphabet Inc | 3.00% | 3.05% | 0.05% |
| GOOGAlphabet Inc. C | 2.80% | 2.85% | 0.05% |
| TSLATesla Inc | 2.81% | 2.82% | 0.01% |
95.4% of PTNQ 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, PTNQ or QQQ?
PTNQ has an expense ratio of 0.65% while QQQ charges 0.18%. QQQ is the cheaper option, by $47 a year on a $10,000 investment.
Which performed better, PTNQ or QQQ?
Over the past year PTNQ returned +14.76% vs +22.47% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (11 years), PTNQ annualized +12.47% vs +18.62% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, PTNQ or QQQ?
QQQ has been the more volatile fund at 18.8% annualized versus 14.3% for PTNQ. Worst drawdown: PTNQ -28.1% vs QQQ -35.1%.
Should I hold both PTNQ and QQQ?
PTNQ and QQQ have a monthly-return correlation of 0.86, 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 PTNQ and QQQ?
95.4% of PTNQ's money is in holdings QQQ also owns. 95.0% of QQQ's is in holdings PTNQ also owns. They hold 96 positions in common, counted across the 101 positions we hold weights for in PTNQ and 101 in QQQ.
Which pays a higher dividend, PTNQ or QQQ?
PTNQ yields 0.78% while QQQ yields 0.42%, so PTNQ currently pays the higher dividend yield.
Is QQQ better than PTNQ?
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window. QQQ is less concentrated, with 46.7% of the fund in its ten largest positions against 46.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.