QQQ vs SMRF
Invesco QQQ Trust, Series 1 vs ALPS Nautilus SMR, Nuclear & Technology ETF
Which is better, QQQ or SMRF?
Large Cap Growth against Large Cap Blend.
QQQ has a lower expense ratio. SMRF is less concentrated, with 41.6% 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 | SMRF |
|---|---|---|
| Expense Ratio | 0.18%Best | 0.65% |
| AUM | $506.1B | $16M |
| Dividend Yield | 0.42% | 1.23% |
| Holdings | 321 | 84 |
| YTD Return | +19.30%Best | -20.98% |
| 1Y Return | +22.47% | - |
| 3Y Return (annualized) | +26.18% | - |
| 5Y Return (annualized) | +15.42% | - |
| Top 10 Weight | 46.7% | 41.6%Best |
| Fund Family | Invesco (US) | ALPS Advisors |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Blend |
| Inception | Mar 10, 1999 | Feb 18, 2026 |
Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window.
QQQ vs SMRF 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
QQQ vs SMRF Performance
Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US) and ALPS Nautilus SMR, Nuclear & Technology ETF (SMRF) is an ETF from ALPS Advisors. Year to date, QQQ is up 19.30% versus a loss of 20.98% for SMRF.
Past performance does not guarantee future results.
Fees and Cost Over Time
QQQ charges 0.18% per year while SMRF charges 0.65%. On a $10,000 position that is $18 vs $65 annually, a gap of $47 per year that compounds over a long holding period. On income, QQQ currently yields 0.42% against 1.23% for SMRF.
Holdings Overlap
18.9% of QQQ's money is in holdings SMRF also owns. 15.7% of SMRF's money is in holdings QQQ also owns.
QQQ and SMRF share little of their money.
11 positions in common, counted across the 101 positions we hold weights for in QQQ and 74 in SMRF, against full books of 321 and 84.
What only one of them owns
Our book lists 36 positions for SMRF that do not appear in our book for QQQ (47.7% of the fund), and 82 for QQQ that do not appear in SMRF (77.4%).
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 SMRF | Difference |
|---|---|---|---|
| MUMicron Technology, Inc. | 5.02% | 1.91% | 3.11% |
| AMDAdvanced Micro Devices Inc | 4.17% | 1.28% | 2.89% |
| AVGOBroadcom Inc | 2.53% | 1.44% | 1.09% |
| INTCIntel Corporation | 2.64% | 0.65% | 1.99% |
| STXSeagate Technolo | 0.87% | 1.76% | 0.89% |
| LITELumentum Holdings Inc | 0.36% | 2.23% | 1.87% |
| CSCOCisco Systems Inc. - Ordinary Shares | 1.77% | 0.54% | 1.23% |
| WDCWestern Digital Corp. | 0.68% | 1.34% | 0.66% |
| CRWVCoreweave, Inc. | 0.17% | 1.65% | 1.48% |
| CEGConstellation Energy Corporation Com | 0.38% | 1.43% | 1.05% |
You are not choosing between two funds in isolation.
Whichever of QQQ and SMRF 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 SMRF?
QQQ has an expense ratio of 0.18% while SMRF charges 0.65%. QQQ is the cheaper option, by $47 a year on a $10,000 investment.
What is the holdings overlap between QQQ and SMRF?
18.9% of QQQ's money is in holdings SMRF also owns. 15.7% of SMRF's is in holdings QQQ also owns. They hold 11 positions in common, counted across the 101 positions we hold weights for in QQQ and 74 in SMRF.
Which pays a higher dividend, QQQ or SMRF?
QQQ yields 0.42% while SMRF yields 1.23%, so SMRF currently pays the higher dividend yield.
Is SMRF better than QQQ?
QQQ has a lower expense ratio. SMRF is less concentrated, with 41.6% 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.