QQQ vs RWR
Invesco QQQ Trust, Series 1 vs State Street SPDR Dow Jones REIT ETF
Which is better, QQQ or RWR?
Large Cap Growth against Mid Cap Value.
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 53.8%.
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 | QQQ | RWR |
|---|---|---|
| Expense Ratio | 0.18%Best | 0.25% |
| AUM | $506.1B | $1.8B |
| Dividend Yield | 0.42% | 3.59% |
| Holdings | 321 | 99 |
| YTD Return | +19.30%Best | +8.93% |
| 1Y Return | +22.47%Best | +10.10% |
| 3Y Return (annualized) | +26.18%Best | +11.37% |
| 5Y Return (annualized) | +15.42%Best | +2.10% |
| Volatility (annualized) | 20.4%Best | 43.7% |
| Max Drawdown | -60.7%Best | -77.0% |
| $10,000 over 5 years | $20,484Best | $11,095 |
| Top 10 Weight | 46.7%Best | 53.8% |
| Fund Family | Invesco (US) | State Street Investment Management |
| Category | Equity | Equity |
| Style | Large Cap Growth | Mid Cap Value |
| Inception | Mar 10, 1999 | Apr 23, 2001 |
Volatility and max drawdown are measured over the window both funds cover: Apr 27, 2001 to Oct 14, 2026 (25.5 years).
QQQ vs RWR 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 25.5 years both funds cover.
QQQ vs RWR Performance
Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US) and State Street SPDR Dow Jones REIT ETF (RWR) is an ETF from State Street Investment Management. Over the past year QQQ returned +22.47% while RWR returned +10.10%. Year to date, QQQ is up 19.30% versus a gain of 8.93% for RWR.
Over three years, QQQ compounded at +26.18% per year against +11.37% for RWR; over five years the annualized figures are +15.42% and +2.10% respectively. Across the full 26-year window we track, QQQ has the edge at +11.69% annualized vs +9.55%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
RWR has been the more volatile fund, with annualized monthly volatility of 43.7% compared with 20.4% 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 -60.7% for QQQ and -77.0% for RWR. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.25. They move largely independently of each other.
Fees and Cost Over Time
QQQ charges 0.18% per year while RWR charges 0.25%. On a $10,000 position that is $18 vs $25 annually, a gap of $7 per year that compounds over a long holding period. On income, QQQ currently yields 0.42% against 3.59% for RWR.
Holdings Overlap
We hold position weights for 101 holdings in QQQ and 98 in RWR, totalling 99.6% and 99.4% 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 98 in RWR, against full books of 321 and 99.
What only one of them owns
Measured across the 101 and 98 positions we hold weights for.
QQQ holds 93 positions RWR does not, 96.3% of the fund.
Largest: NVDA 8.33%, AAPL 7.35%, MSFT 5.76%, MU 5.02%, AMD 4.17%
You are not choosing between two funds in isolation.
Whichever of QQQ and RWR 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 RWR?
QQQ has an expense ratio of 0.18% while RWR charges 0.25%. QQQ is the cheaper option, by $7 a year on a $10,000 investment.
Which performed better, QQQ or RWR?
Over the past year QQQ returned +22.47% vs +10.10% for RWR, so QQQ leads on 1-year performance. Over the longest common window we track (26 years), QQQ annualized +11.69% vs +9.55% for RWR. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QQQ or RWR?
RWR has been the more volatile fund at 43.7% annualized versus 20.4% for QQQ. Worst drawdown: QQQ -60.7% vs RWR -77.0%.
Should I hold both QQQ and RWR?
QQQ and RWR have a monthly-return correlation of 0.25, 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, QQQ or RWR?
QQQ yields 0.42% while RWR yields 3.59%, so RWR currently pays the higher dividend yield.
Is RWR better than QQQ?
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 53.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.