QQQ vs SIXH
Invesco QQQ Trust, Series 1 vs ETC 6 Meridian Hedged Equity Index Option ETF
Which is better, QQQ or SIXH?
Large Cap Growth against Large Cap Value.
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window. SIXH is less concentrated, with 33.6% 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 | SIXH |
|---|---|---|
| Expense Ratio | 0.18%Best | 0.73% |
| AUM | $506.1B | $605M |
| Dividend Yield | 0.42% | 1.78% |
| Holdings | 321 | 106 |
| YTD Return | +19.30%Best | +14.72% |
| 1Y Return | +22.47%Best | +17.59% |
| 3Y Return (annualized) | +26.18%Best | +13.16% |
| 5Y Return (annualized) | +15.42%Best | +9.95% |
| Volatility (annualized) | 20.2% | 9.1%Best |
| Max Drawdown | -35.1% | -11.7%Best |
| $10,000 over 5 years | $20,484Best | $16,069 |
| Top 10 Weight | 46.7% | 33.6%Best |
| Fund Family | Invesco (US) | 6 Meridian ETF |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Value |
| Inception | Mar 10, 1999 | May 11, 2020 |
Volatility and max drawdown are measured over the window both funds cover: May 11, 2020 to Oct 14, 2026 (6.4 years).
QQQ vs SIXH 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 6.4 years both funds cover.
QQQ vs SIXH Performance
Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US) and ETC 6 Meridian Hedged Equity Index Option ETF (SIXH) is an ETF from 6 Meridian ETF. Over the past year QQQ returned +22.47% while SIXH returned +17.59%. Year to date, QQQ is up 19.30% versus a gain of 14.72% for SIXH.
Over three years, QQQ compounded at +26.18% per year against +13.16% for SIXH; over five years the annualized figures are +15.42% and +9.95% respectively. Across the full 6-year window we track, QQQ has the edge at +20.54% annualized vs +10.89%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 20.2% compared with 9.1% for SIXH. 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 -35.1% for QQQ and -11.7% for SIXH. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.24. They move largely independently of each other.
Fees and Cost Over Time
QQQ charges 0.18% per year while SIXH charges 0.73%. On a $10,000 position that is $18 vs $73 annually, a gap of $55 per year that compounds over a long holding period. On income, QQQ currently yields 0.42% against 1.78% for SIXH.
Holdings Overlap
48.9% of QQQ's money is in holdings SIXH also owns. 36.0% of SIXH's money is in holdings QQQ also owns.
The two portfolios partly overlap.
19 positions in common, counted across the 101 positions we hold weights for in QQQ and 52 in SIXH, against full books of 321 and 106.
What only one of them owns
Our book lists 33 positions for SIXH that do not appear in our book for QQQ (64.7% of the fund), and 74 for QQQ that do not appear in SIXH (47.4%).
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 QQQ | Weight in SIXH | Difference |
|---|---|---|---|
| NVDANvidia Corp | 8.33% | 1.37% | 6.96% |
| AAPLApple, Inc | 7.35% | 1.33% | 6.02% |
| MUMicron Technology, Inc. | 5.02% | 2.97% | 2.05% |
| AMDAdvanced Micro Devices Inc | 4.17% | 1.74% | 2.43% |
| AMZNAmazon.Com Inc | 4.07% | 1.26% | 2.81% |
| METAMeta Platforms Inc | 3.26% | 1.62% | 1.64% |
| LRCXLrcx Uw Equity | 1.72% | 3.01% | 1.29% |
| WMTWalmart, Inc. | 2.11% | 2.55% | 0.44% |
| GOOGLAlphabet Inc | 3.05% | 1.30% | 1.75% |
| PEPPepsico Inc. | 0.72% | 3.50% | 2.78% |
48.9% of QQQ is already inside SIXH.
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, QQQ or SIXH?
QQQ has an expense ratio of 0.18% while SIXH charges 0.73%. QQQ is the cheaper option, by $55 a year on a $10,000 investment.
Which performed better, QQQ or SIXH?
Over the past year QQQ returned +22.47% vs +17.59% for SIXH, so QQQ leads on 1-year performance. Over the longest common window we track (6 years), QQQ annualized +20.54% vs +10.89% for SIXH. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QQQ or SIXH?
QQQ has been the more volatile fund at 20.2% annualized versus 9.1% for SIXH. Worst drawdown: QQQ -35.1% vs SIXH -11.7%.
Should I hold both QQQ and SIXH?
QQQ and SIXH have a monthly-return correlation of 0.24, 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 SIXH?
48.9% of QQQ's money is in holdings SIXH also owns. 36.0% of SIXH's is in holdings QQQ also owns. They hold 19 positions in common, counted across the 101 positions we hold weights for in QQQ and 52 in SIXH.
Which pays a higher dividend, QQQ or SIXH?
QQQ yields 0.42% while SIXH yields 1.78%, so SIXH currently pays the higher dividend yield.
Is SIXH better than QQQ?
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window. SIXH is less concentrated, with 33.6% 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.