QQQ vs ZECP
Invesco QQQ Trust, Series 1 vs Zacks Earnings Consistent Portfolio ETF
Which is better, QQQ or ZECP?
Large Cap Growth against All Cap Blend.
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window. ZECP is less concentrated, with 42.9% 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 | ZECP |
|---|---|---|
| Expense Ratio | 0.18%Best | 0.55% |
| AUM | $506.1B | $373M |
| Dividend Yield | 0.42% | 0.72% |
| Holdings | 321 | 120 |
| YTD Return | +19.30%Best | +8.77% |
| 1Y Return | +22.47%Best | +12.31% |
| 3Y Return (annualized) | +26.18%Best | +16.15% |
| 5Y Return (annualized) | +15.42%Best | +9.51% |
| Volatility (annualized) | 20.8% | 13.9%Best |
| Max Drawdown | -35.1% | -21.9%Best |
| $10,000 over 5 years | $20,484Best | $15,750 |
| Top 10 Weight | 46.7% | 42.9%Best |
| Fund Family | Invesco (US) | Zacks |
| Category | Equity | Equity |
| Style | Large Cap Growth | All Cap Blend |
| Inception | Mar 10, 1999 | Aug 23, 2021 |
Volatility and max drawdown are measured over the window both funds cover: Aug 24, 2021 to Oct 14, 2026 (5.1 years).
QQQ vs ZECP 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 5.1 years both funds cover.
QQQ vs ZECP Performance
Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US) and Zacks Earnings Consistent Portfolio ETF (ZECP) is an ETF from Zacks. Over the past year QQQ returned +22.47% while ZECP returned +12.31%. Year to date, QQQ is up 19.30% versus a gain of 8.77% for ZECP.
Over three years, QQQ compounded at +26.18% per year against +16.15% for ZECP; over five years the annualized figures are +15.42% and +9.51% respectively.
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 13.9% for ZECP. 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 -21.9% for ZECP. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.80. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
QQQ charges 0.18% per year while ZECP charges 0.55%. On a $10,000 position that is $18 vs $55 annually, a gap of $37 per year that compounds over a long holding period. On income, QQQ currently yields 0.42% against 0.72% for ZECP.
Holdings Overlap
27.4% of QQQ's money is in holdings ZECP also owns. 43.1% of ZECP's money is in holdings QQQ also owns.
The two portfolios partly overlap.
16 positions in common, counted across the 101 positions we hold weights for in QQQ and 59 in ZECP, against full books of 321 and 120.
What only one of them owns
Our book lists 43 positions for ZECP that do not appear in our book for QQQ (55.3% of the fund), and 77 for QQQ that do not appear in ZECP (68.9%).
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 ZECP | Difference |
|---|---|---|---|
| AAPLApple, Inc | 7.35% | 8.32% | 0.97% |
| MSFTMicrosoft Corp | 5.76% | 7.84% | 2.08% |
| GOOGLAlphabet Inc | 3.05% | 7.45% | 4.40% |
| WMTWalmart, Inc. | 2.11% | 2.54% | 0.43% |
| AMATApplied Materials, Inc. | 1.70% | 2.48% | 0.78% |
| CSCOCisco Systems Inc. - Ordinary Shares | 1.77% | 1.91% | 0.14% |
| AMGNAmgen Inc. | 0.95% | 1.41% | 0.46% |
| ADIAnalog Devices, Inc. | 0.80% | 1.52% | 0.72% |
| NFLXNetflix, Inc. | 1.21% | 0.94% | 0.27% |
| AEPAmerican Electric Power Co Inc | 0.27% | 1.76% | 1.49% |
43.1% of ZECP is already inside QQQ.
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 ZECP?
QQQ has an expense ratio of 0.18% while ZECP charges 0.55%. QQQ is the cheaper option, by $37 a year on a $10,000 investment.
Which performed better, QQQ or ZECP?
Over the past year QQQ returned +22.47% vs +12.31% for ZECP, so QQQ leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QQQ or ZECP?
QQQ has been the more volatile fund at 20.8% annualized versus 13.9% for ZECP. Worst drawdown: QQQ -35.1% vs ZECP -21.9%.
Should I hold both QQQ and ZECP?
QQQ and ZECP have a monthly-return correlation of 0.80, 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 ZECP?
43.1% of ZECP's money is in holdings QQQ also owns. 43.1% of ZECP's is in holdings QQQ also owns. They hold 16 positions in common, counted across the 101 positions we hold weights for in QQQ and 59 in ZECP.
Which pays a higher dividend, QQQ or ZECP?
QQQ yields 0.42% while ZECP yields 0.72%, so ZECP currently pays the higher dividend yield.
Is ZECP better than QQQ?
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window. ZECP is less concentrated, with 42.9% 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.