QQQ vs QXQ
Invesco QQQ Trust, Series 1 vs SGI Enhanced Nasdaq-100 ETF
Which is better, QQQ or QXQ?
Large Cap Growth against Large Cap Blend.
QQQ has a lower expense ratio. QQQ led over the full window, QXQ over 1Y. The two have moved almost in lockstep, correlation 0.99.
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 | QQQ | QXQ |
|---|---|---|
| Expense Ratio | 0.18%Best | 0.98% |
| AUM | $506.1B | $87M |
| Dividend Yield | 0.42% | 14.81% |
| Holdings | 321 | 32 |
| YTD Return | +19.30%Best | +19.09% |
| 1Y Return | +22.47% | +23.10%Best |
| 3Y Return (annualized) | +26.18% | - |
| 5Y Return (annualized) | +15.42% | - |
| Volatility (annualized) | 17.9%Best | 18.3% |
| Max Drawdown | -22.8% | -22.5%Best |
| $10,000 over 2.2 years | $16,977Best | $16,813 |
| Fund Family | Invesco (US) | Summit Global Investments |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Blend |
| Inception | Mar 10, 1999 | Jun 14, 2024 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.2 years row, are measured over the window both funds cover: Aug 5, 2024 to Oct 14, 2026 (2.2 years).
QQQ vs QXQ 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 2.2 years both funds cover.
QQQ vs QXQ Performance
Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US) and SGI Enhanced Nasdaq-100 ETF (QXQ) is an ETF from Summit Global Investments. Over the past year QQQ returned +22.47% while QXQ returned +23.10%. Year to date, QQQ is up 19.30% versus a gain of 19.09% for QXQ.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QXQ has been the more volatile fund, with annualized monthly volatility of 18.3% compared with 17.9% 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 -22.8% for QQQ and -22.5% for QXQ. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.99. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
QQQ charges 0.18% per year while QXQ charges 0.98%. On a $10,000 position that is $18 vs $98 annually, a gap of $80 per year that compounds over a long holding period. On income, QQQ currently yields 0.42% against 14.81% for QXQ.
Holdings Overlap
We hold position weights for 101 holdings in QQQ and 2 in QXQ, totalling 99.6% and 1.6% 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 101 positions we hold weights for in QQQ and 2 in QXQ, against full books of 321 and 32.
You are not choosing between two funds in isolation.
Whichever of QQQ and QXQ 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, QQQ or QXQ?
QQQ has an expense ratio of 0.18% while QXQ charges 0.98%. QQQ is the cheaper option, by $80 a year on a $10,000 investment.
Which performed better, QQQ or QXQ?
Over the past year QQQ returned +22.47% vs +23.10% for QXQ, so QXQ leads on 1-year performance. Over the longest common window we track (2 years), QQQ annualized +27.20% vs +26.64% for QXQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QQQ or QXQ?
QXQ has been the more volatile fund at 18.3% annualized versus 17.9% for QQQ. Worst drawdown: QQQ -22.8% vs QXQ -22.5%.
Should I hold both QQQ and QXQ?
QQQ and QXQ have a monthly-return correlation of 0.99, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
Which pays a higher dividend, QQQ or QXQ?
QQQ yields 0.42% while QXQ yields 14.81%, so QXQ currently pays the higher dividend yield.
Is QXQ better than QQQ?
QQQ has a lower expense ratio. QQQ led over the full window, QXQ over 1Y. The two have moved almost in lockstep, correlation 0.99. Which one suits a particular account depends on what it is for. This is information, not a recommendation.