CSD vs QQQ
Invesco S&P Spin-Off ETF vs Invesco QQQ Trust, Series 1
Which is better, CSD or QQQ?
Mid Cap Blend against Large Cap Growth.
QQQ has a lower expense ratio. CSD led over 1Y, 3Y and 5Y, QQQ over the full window. QQQ is less concentrated, with 46.5% of the fund in its ten largest positions against 62.7%.
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 | CSD | QQQ |
|---|---|---|
| Expense Ratio | 0.65% | 0.18%Best |
| AUM | $224M | $486.1B |
| Dividend Yield | 0.12% | 0.44% |
| Holdings | 27 | 107 |
| YTD Return | +29.71%Best | +17.54% |
| 1Y Return | +49.60%Best | +25.59% |
| 3Y Return (annualized) | +32.57%Best | +24.63% |
| 5Y Return (annualized) | +15.23%Best | +14.18% |
| Volatility (annualized) | 22.4% | 18.7%Best |
| Max Drawdown | -70.5% | -53.5%Best |
| $10,000 over 5 years | $20,316Best | $19,407 |
| Top 10 Weight | 62.7% | 46.5%Best |
| Fund Family | Invesco (US) | Invesco (US) |
| Category | Equity | Equity |
| Style | Mid Cap Blend | Large Cap Growth |
| Inception | Dec 15, 2006 | Mar 10, 1999 |
Volatility and max drawdown are measured over the window both funds cover: Dec 15, 2006 to Sep 4, 2026 (19.7 years).
CSD vs QQQ 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 19.7 years both funds cover.
CSD vs QQQ Performance
Invesco S&P Spin-Off ETF (CSD) is an ETF from Invesco (US) and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year CSD returned +49.60% while QQQ returned +25.59%. Year to date, CSD is up 29.71% versus a gain of 17.54% for QQQ.
Over three years, CSD compounded at +32.57% per year against +24.63% for QQQ; over five years the annualized figures are +15.23% and +14.18% respectively. Across the full 20-year window we track, QQQ has the edge at +15.35% annualized vs +9.87%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
CSD has been the more volatile fund, with annualized monthly volatility of 22.4% compared with 18.7% for QQQ. 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 -70.5% for CSD and -53.5% for QQQ. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.77. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
CSD charges 0.65% per year while QQQ charges 0.18%. On a $10,000 position that is $65 vs $18 annually, a gap of $47 per year that compounds over a long holding period. On income, CSD currently yields 0.12% against 0.44% for QQQ.
Holdings Overlap
21.4% of CSD's money is in holdings QQQ also owns. 1.3% of QQQ's money is in holdings CSD also owns.
CSD and QQQ share little of their money.
3 positions in common, counted across the 29 positions we hold weights for in CSD and 102 in QQQ, against full books of 27 and 107.
What only one of them owns
Measured across the 29 and 102 positions we hold weights for.
QQQ holds 93 positions CSD does not, 96.3% of the fund.
Largest: NVDA 8.44%, AAPL 7.27%, MSFT 5.76%, AMZN 4.67%, MU 4.43%
21.4% of CSD 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, CSD or QQQ?
CSD has an expense ratio of 0.65% while QQQ charges 0.18%. QQQ is the cheaper option, by $47 a year on a $10,000 investment.
Which performed better, CSD or QQQ?
Over the past year CSD returned +49.60% vs +25.59% for QQQ, so CSD leads on 1-year performance. Over the longest common window we track (20 years), CSD annualized +9.87% vs +15.35% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, CSD or QQQ?
CSD has been the more volatile fund at 22.4% annualized versus 18.7% for QQQ. Worst drawdown: CSD -70.5% vs QQQ -53.5%.
Should I hold both CSD and QQQ?
CSD and QQQ have a monthly-return correlation of 0.77, 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 CSD and QQQ?
21.4% of CSD's money is in holdings QQQ also owns. 1.3% of QQQ's is in holdings CSD also owns. They hold 3 positions in common, counted across the 29 positions we hold weights for in CSD and 102 in QQQ.
Which pays a higher dividend, CSD or QQQ?
CSD yields 0.12% while QQQ yields 0.44%, so QQQ currently pays the higher dividend yield.
Is QQQ better than CSD?
QQQ has a lower expense ratio. CSD led over 1Y, 3Y and 5Y, QQQ over the full window. QQQ is less concentrated, with 46.5% of the fund in its ten largest positions against 62.7%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.