QQQ vs SEIS
Invesco QQQ Trust, Series 1 vs SEI Select Small Cap ETF
Which is better, QQQ or SEIS?
Large Cap Growth against Small Cap Blend.
QQQ has a lower expense ratio. QQQ led over 1Y and the full window. SEIS is less concentrated, with 10.5% 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 | QQQ | SEIS |
|---|---|---|
| Expense Ratio | 0.18%Best | 0.55% |
| AUM | $506.1B | $607M |
| Dividend Yield | 0.42% | 0.35% |
| Holdings | 321 | 767 |
| YTD Return | +19.30%Best | +10.36% |
| 1Y Return | +22.47%Best | +11.88% |
| 3Y Return (annualized) | +26.18% | - |
| 5Y Return (annualized) | +15.42% | - |
| Volatility (annualized) | 18.6% | 18.4%Best |
| Max Drawdown | -22.8%Best | -25.7% |
| $10,000 over 2 years | $14,921Best | $12,417 |
| Top 10 Weight | 46.7% | 10.5%Best |
| Fund Family | Invesco (US) | SEI EXCHANGE TRADED FUNDS |
| Category | Equity | Equity |
| Style | Large Cap Growth | Small Cap Blend |
| Inception | Mar 10, 1999 | Oct 8, 2024 |
Volatility and max drawdown, and the $10,000 over 2 years row, are measured over the window both funds cover: Oct 10, 2024 to Oct 14, 2026 (2 years).
QQQ vs SEIS 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 years both funds cover.
QQQ vs SEIS Performance
Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US) and SEI Select Small Cap ETF (SEIS) is an ETF from SEI EXCHANGE TRADED FUNDS. Over the past year QQQ returned +22.47% while SEIS returned +11.88%. Year to date, QQQ is up 19.30% versus a gain of 10.36% for SEIS.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 18.6% compared with 18.4% for SEIS. 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 -25.7% for SEIS. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.64. They move together some of the time, and apart the rest.
Fees and Cost Over Time
QQQ charges 0.18% per year while SEIS charges 0.55%. On a $10,000 position that is $18 vs $55 annually, a gap of $37 per year that compounds over a long holding period. On income, QQQ currently yields 0.42% against 0.35% for SEIS.
Holdings Overlap
1.1% of QQQ's money is in holdings SEIS also owns. 1.1% of SEIS's money is in holdings QQQ also owns.
SEIS and QQQ share little of their money.
4 positions in common, counted across the 101 positions we hold weights for in QQQ and 369 in SEIS, against full books of 321 and 767.
What only one of them owns
Our book lists 344 positions for SEIS that do not appear in our book for QQQ (93.2% of the fund), and 89 for QQQ that do not appear in SEIS (95.2%).
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.
You are not choosing between two funds in isolation.
Whichever of QQQ and SEIS 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 SEIS?
QQQ has an expense ratio of 0.18% while SEIS charges 0.55%. QQQ is the cheaper option, by $37 a year on a $10,000 investment.
Which performed better, QQQ or SEIS?
Over the past year QQQ returned +22.47% vs +11.88% for SEIS, so QQQ leads on 1-year performance. Over the longest common window we track (2 years), QQQ annualized +22.15% vs +11.43% for SEIS. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QQQ or SEIS?
QQQ has been the more volatile fund at 18.6% annualized versus 18.4% for SEIS. Worst drawdown: QQQ -22.8% vs SEIS -25.7%.
Should I hold both QQQ and SEIS?
QQQ and SEIS have a monthly-return correlation of 0.64, 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 QQQ and SEIS?
1.1% of SEIS's money is in holdings QQQ also owns. 1.1% of SEIS's is in holdings QQQ also owns. They hold 4 positions in common, counted across the 101 positions we hold weights for in QQQ and 369 in SEIS.
Which pays a higher dividend, QQQ or SEIS?
QQQ yields 0.42% while SEIS yields 0.35%, so QQQ currently pays the higher dividend yield.
Is SEIS better than QQQ?
QQQ has a lower expense ratio. QQQ led over 1Y and the full window. SEIS is less concentrated, with 10.5% 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.