QIS vs QQQ
Simplify Multi-QIS Alternative ETF vs Invesco QQQ Trust, Series 1
Which is better, QIS or QQQ?
Multi Alternative against Large Cap Growth.
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y and the full window.
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 | QIS | QQQ |
|---|---|---|
| Expense Ratio | 1.21% | 0.18%Best |
| AUM | $53M | $506.1B |
| Dividend Yield | 5.58% | 0.42% |
| Holdings | 63 | 321 |
| YTD Return | -17.82% | +19.30%Best |
| 1Y Return | -37.84% | +22.47%Best |
| 3Y Return (annualized) | -20.17% | +26.18%Best |
| 5Y Return (annualized) | - | +15.42% |
| Volatility (annualized) | 20.9% | 17.3%Best |
| Max Drawdown | -63.5% | -22.8%Best |
| $10,000 over 3.3 years | $5,108 | $20,337Best |
| Fund Family | Simplify Exchange Traded Funds | Invesco (US) |
| Category | Alternative | Equity |
| Style | Multi Alternative | Large Cap Growth |
| Inception | Jul 10, 2023 | Mar 10, 1999 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 3.3 years row, are measured over the window both funds cover: Jul 11, 2023 to Oct 14, 2026 (3.3 years).
QIS 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 3.3 years both funds cover.
QIS vs QQQ Performance
Simplify Multi-QIS Alternative ETF (QIS) is an ETF from Simplify Exchange Traded Funds and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year QIS returned -37.84% while QQQ returned +22.47%. Year to date, QIS is down 17.82% versus a gain of 19.30% for QQQ.
Over three years, QIS compounded at -20.17% per year against +26.18% for QQQ.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QIS has been the more volatile fund, with annualized monthly volatility of 20.9% compared with 17.3% 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 -63.5% for QIS and -22.8% 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 0.27. They move largely independently of each other.
Fees and Cost Over Time
QIS charges 1.21% per year while QQQ charges 0.18%. On a $10,000 position that is $121 vs $18 annually, a gap of $103 per year that compounds over a long holding period. On income, QIS currently yields 5.58% against 0.42% for QQQ.
Holdings Overlap
We hold position weights for 2 holdings in QIS and 101 in QQQ, totalling 10.5% and 99.6% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 2 positions we hold weights for in QIS and 101 in QQQ, against full books of 63 and 321.
You are not choosing between two funds in isolation.
Whichever of QIS 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, QIS or QQQ?
QIS has an expense ratio of 1.21% while QQQ charges 0.18%. QQQ is the cheaper option, by $103 a year on a $10,000 investment.
Which performed better, QIS or QQQ?
Over the past year QIS returned -37.84% vs +22.47% for QQQ, so QQQ leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QIS or QQQ?
QIS has been the more volatile fund at 20.9% annualized versus 17.3% for QQQ. Worst drawdown: QIS -63.5% vs QQQ -22.8%.
Should I hold both QIS and QQQ?
QIS and QQQ have a monthly-return correlation of 0.27, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, QIS or QQQ?
QIS yields 5.58% while QQQ yields 0.42%, so QIS currently pays the higher dividend yield.
Is QQQ better than QIS?
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.