QQQ vs SRHQ
Invesco QQQ Trust, Series 1 vs SRH US Quality GARP ETF
Which is better, QQQ or SRHQ?
Each has led over a different period.
QQQ has a lower expense ratio. QQQ led over 3Y and the full window, SRHQ over 1Y. SRHQ is less concentrated, with 20.0% 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 | SRHQ |
|---|---|---|
| Expense Ratio | 0.18%Best | 0.35% |
| AUM | $506.1B | $214M |
| Dividend Yield | 0.42% | 0.74% |
| Holdings | 321 | 164 |
| YTD Return | +19.30% | +21.10%Best |
| 1Y Return | +22.47% | +25.03%Best |
| 3Y Return (annualized) | +26.18%Best | +19.36% |
| 5Y Return (annualized) | +15.42% | - |
| Volatility (annualized) | 18.0% | 13.7%Best |
| Max Drawdown | -22.8% | -18.5%Best |
| $10,000 over 4 years | $26,311Best | $19,211 |
| Top 10 Weight | 46.7% | 20.0%Best |
| Fund Family | Invesco (US) | SRH Funds |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | Mar 10, 1999 | Oct 4, 2022 |
Volatility and max drawdown, and the $10,000 over 4 years row, are measured over the window both funds cover: Oct 5, 2022 to Oct 14, 2026 (4 years).
QQQ vs SRHQ 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 4 years both funds cover.
QQQ vs SRHQ Performance
Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US) and SRH US Quality GARP ETF (SRHQ) is an ETF from SRH Funds. Over the past year QQQ returned +22.47% while SRHQ returned +25.03%. Year to date, QQQ is up 19.30% versus a gain of 21.10% for SRHQ.
Over three years, QQQ compounded at +26.18% per year against +19.36% for SRHQ. Across the full 4-year window we track, QQQ has the edge at +27.36% annualized vs +17.73%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 18.0% compared with 13.7% for SRHQ. 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 -18.5% for SRHQ. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.54. They move together some of the time, and apart the rest.
Fees and Cost Over Time
QQQ charges 0.18% per year while SRHQ charges 0.35%. On a $10,000 position that is $18 vs $35 annually, a gap of $17 per year that compounds over a long holding period. On income, QQQ currently yields 0.42% against 0.74% for SRHQ.
Holdings Overlap
2.6% of QQQ's money is in holdings SRHQ also owns. 7.7% of SRHQ's money is in holdings QQQ also owns.
SRHQ and QQQ share little of their money.
6 positions in common, counted across the 101 positions we hold weights for in QQQ and 81 in SRHQ, against full books of 321 and 164.
What only one of them owns
Our book lists 75 positions for SRHQ that do not appear in our book for QQQ (92.3% of the fund), and 87 for QQQ that do not appear in SRHQ (93.7%).
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 SRHQ | Difference |
|---|---|---|---|
| AMGNAmgen Inc. | 0.95% | 1.30% | 0.35% |
| ADPAutomatic Data Processing, Inc. | 0.43% | 1.46% | 1.03% |
| WDAYWorkday, Inc., Class A | 0.16% | 1.61% | 1.45% |
| TMUST-Mobile Usa Inc Esrw Usd Npv Ref Sm#585558 | 0.73% | 0.86% | 0.13% |
| PYPLPaypal Holdings Inc | 0.19% | 1.32% | 1.13% |
| ROPRoper Technologies Inc. | 0.14% | 1.15% | 1.01% |
You are not choosing between two funds in isolation.
Whichever of QQQ and SRHQ 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 SRHQ?
QQQ has an expense ratio of 0.18% while SRHQ charges 0.35%. QQQ is the cheaper option, by $17 a year on a $10,000 investment.
Which performed better, QQQ or SRHQ?
Over the past year QQQ returned +22.47% vs +25.03% for SRHQ, so SRHQ leads on 1-year performance. Over the longest common window we track (4 years), QQQ annualized +27.36% vs +17.73% for SRHQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QQQ or SRHQ?
QQQ has been the more volatile fund at 18.0% annualized versus 13.7% for SRHQ. Worst drawdown: QQQ -22.8% vs SRHQ -18.5%.
Should I hold both QQQ and SRHQ?
QQQ and SRHQ have a monthly-return correlation of 0.54, 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 SRHQ?
7.7% of SRHQ's money is in holdings QQQ also owns. 7.7% of SRHQ's is in holdings QQQ also owns. They hold 6 positions in common, counted across the 101 positions we hold weights for in QQQ and 81 in SRHQ.
Which pays a higher dividend, QQQ or SRHQ?
QQQ yields 0.42% while SRHQ yields 0.74%, so SRHQ currently pays the higher dividend yield.
Is SRHQ better than QQQ?
QQQ has a lower expense ratio. QQQ led over 3Y and the full window, SRHQ over 1Y. SRHQ is less concentrated, with 20.0% 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.