QQQ vs SPSK
Invesco QQQ Trust, Series 1 vs SP Funds Dow Jones Global Sukuk ETF
Which is better, QQQ or SPSK?
QQQ has been ahead.
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window.
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 | SPSK |
|---|---|---|
| Expense Ratio | 0.18%Best | 0.50% |
| AUM | $506.1B | $475M |
| Dividend Yield | 0.42% | 4.85% |
| Holdings | 321 | 342 |
| YTD Return | +19.30%Best | -1.86% |
| 1Y Return | +22.47%Best | -1.41% |
| 3Y Return (annualized) | +26.18%Best | +4.11% |
| 5Y Return (annualized) | +15.42%Best | +0.51% |
| Volatility (annualized) | 20.8% | 4.7%Best |
| Max Drawdown | -35.1% | -13.1%Best |
| $10,000 over 5 years | $20,484Best | $10,258 |
| Fund Family | Invesco (US) | SP Funds |
| Category | Equity | Fixed Income |
| Style | Large Cap Growth | - |
| Inception | Mar 10, 1999 | Dec 27, 2019 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Dec 30, 2019 to Oct 14, 2026 (6.8 years).
QQQ vs SPSK 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 SPSK Performance
Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US) and SP Funds Dow Jones Global Sukuk ETF (SPSK) is an ETF from SP Funds. Over the past year QQQ returned +22.47% while SPSK returned -1.41%. Year to date, QQQ is up 19.30% versus a loss of 1.86% for SPSK.
Over three years, QQQ compounded at +26.18% per year against +4.11% for SPSK; over five years the annualized figures are +15.42% and +0.51% respectively. Across the full 7-year window we track, QQQ has the edge at +20.52% annualized vs +0.43%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 20.8% compared with 4.7% for SPSK. 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 -13.1% for SPSK. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.56. They move together some of the time, and apart the rest.
Fees and Cost Over Time
QQQ charges 0.18% per year while SPSK charges 0.50%. On a $10,000 position that is $18 vs $50 annually, a gap of $32 per year that compounds over a long holding period. On income, QQQ currently yields 0.42% against 4.85% for SPSK.
Holdings Overlap
We hold position weights for 101 holdings in QQQ and 10 in SPSK, totalling 99.6% and 5.5% 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 10 in SPSK, against full books of 321 and 342.
You are not choosing between two funds in isolation.
Whichever of QQQ and SPSK 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 SPSK?
QQQ has an expense ratio of 0.18% while SPSK charges 0.50%. QQQ is the cheaper option, by $32 a year on a $10,000 investment.
Which performed better, QQQ or SPSK?
Over the past year QQQ returned +22.47% vs -1.41% for SPSK, so QQQ leads on 1-year performance. Over the longest common window we track (7 years), QQQ annualized +20.52% vs +0.43% for SPSK. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QQQ or SPSK?
QQQ has been the more volatile fund at 20.8% annualized versus 4.7% for SPSK. Worst drawdown: QQQ -35.1% vs SPSK -13.1%.
Should I hold both QQQ and SPSK?
QQQ and SPSK have a monthly-return correlation of 0.56, 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 SPSK?
QQQ yields 0.42% while SPSK yields 4.85%, so SPSK currently pays the higher dividend yield.
Is SPSK better than QQQ?
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.