QQQ vs SWP
Invesco QQQ Trust, Series 1 vs SWP Growth & Income ETF
Which is better, QQQ or SWP?
QQQ has been ahead.
QQQ has a lower expense ratio. QQQ led over 1Y and the full window. SWP is less concentrated, with 38.4% 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 | SWP |
|---|---|---|
| Expense Ratio | 0.18%Best | 0.99% |
| AUM | $506.1B | $146M |
| Dividend Yield | 0.42% | 9.72% |
| Holdings | 321 | 150 |
| YTD Return | +19.30%Best | +4.25% |
| 1Y Return | +22.47%Best | +8.59% |
| 3Y Return (annualized) | +26.18% | - |
| 5Y Return (annualized) | +15.42% | - |
| Volatility (annualized) | 18.3% | 11.8%Best |
| Max Drawdown | -22.8% | -15.7%Best |
| $10,000 over 2.1 years | $15,309Best | $12,749 |
| Top 10 Weight | 46.7% | 38.4%Best |
| Fund Family | Invesco (US) | GammaRoad |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | Mar 10, 1999 | Sep 24, 2024 |
Volatility and max drawdown, and the $10,000 over 2.1 years row, are measured over the window both funds cover: Sep 25, 2024 to Oct 14, 2026 (2.1 years).
QQQ vs SWP 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 2.1 years both funds cover.
QQQ vs SWP Performance
Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US) and SWP Growth & Income ETF (SWP) is an ETF from GammaRoad. Over the past year QQQ returned +22.47% while SWP returned +8.59%. Year to date, QQQ is up 19.30% versus a gain of 4.25% for SWP.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 18.3% compared with 11.8% for SWP. 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 -15.7% for SWP. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.66. They move together some of the time, and apart the rest.
Fees and Cost Over Time
QQQ charges 0.18% per year while SWP charges 0.99%. On a $10,000 position that is $18 vs $99 annually, a gap of $81 per year that compounds over a long holding period. On income, QQQ currently yields 0.42% against 9.72% for SWP.
Holdings Overlap
34.3% of QQQ's money is in holdings SWP also owns. 30.9% of SWP's money is in holdings QQQ also owns.
The two portfolios partly overlap.
9 positions in common, counted across the 101 positions we hold weights for in QQQ and 42 in SWP, against full books of 321 and 150.
What only one of them owns
Our book lists 28 positions for SWP that do not appear in our book for QQQ (60.5% of the fund), and 84 for QQQ that do not appear in SWP (61.9%).
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 SWP | Difference |
|---|---|---|---|
| NVDANvidia Corp | 8.33% | 4.59% | 3.74% |
| AAPLApple, Inc | 7.35% | 4.72% | 2.63% |
| MSFTMicrosoft Corp | 5.76% | 5.72% | 0.04% |
| METAMeta Platforms Inc | 3.26% | 4.04% | 0.78% |
| GOOGLAlphabet Inc | 3.05% | 3.48% | 0.43% |
| AVGOBroadcom Inc | 2.53% | 3.66% | 1.13% |
| WMTWalmart, Inc. | 2.11% | 1.67% | 0.44% |
| LRCXLrcx Uw Equity | 1.72% | 1.78% | 0.06% |
| BKRBaker Hughes A Ge Company | 0.23% | 1.28% | 1.05% |
34.3% of QQQ is already inside SWP.
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 SWP?
QQQ has an expense ratio of 0.18% while SWP charges 0.99%. QQQ is the cheaper option, by $81 a year on a $10,000 investment.
Which performed better, QQQ or SWP?
Over the past year QQQ returned +22.47% vs +8.59% for SWP, so QQQ leads on 1-year performance. Over the longest common window we track (2 years), QQQ annualized +22.48% vs +12.26% for SWP. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QQQ or SWP?
QQQ has been the more volatile fund at 18.3% annualized versus 11.8% for SWP. Worst drawdown: QQQ -22.8% vs SWP -15.7%.
Should I hold both QQQ and SWP?
QQQ and SWP have a monthly-return correlation of 0.66, 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 SWP?
34.3% of QQQ's money is in holdings SWP also owns. 30.9% of SWP's is in holdings QQQ also owns. They hold 9 positions in common, counted across the 101 positions we hold weights for in QQQ and 42 in SWP.
Which pays a higher dividend, QQQ or SWP?
QQQ yields 0.42% while SWP yields 9.72%, so SWP currently pays the higher dividend yield.
Is SWP better than QQQ?
QQQ has a lower expense ratio. QQQ led over 1Y and the full window. SWP is less concentrated, with 38.4% 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.