JUNP vs QQQ
PGIM S&P 500 Buffer 12 ETF - June vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. QQQ delivered stronger 1-year returns. QQQ offers more diversification with 103 holdings.
Side-by-Side Comparison
| Metric | JUNP | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.50% | 0.18% | |
| AUM | $88M | $455.8B | |
| Dividend Yield | 0.00% | 0.41% | |
| Holdings | 7 | 108 | |
| YTD Return | +5.77% | +17.85% | |
| 1Y Return | +10.85% | +26.45% | |
| 3Y Return (annualized) | - | +26.07% | |
| 5Y Return (annualized) | - | +15.16% | |
| Volatility (annualized) | 6.0% | 30.6% | |
| Max Drawdown | -11.2% | -83.0% | |
| Fund Family | PGIM Investments | Invesco (US) | |
| Category | Alternative | Equity | |
| Inception | May 31, 2024 | Mar 10, 1999 |
JUNP vs QQQ Performance
PGIM S&P 500 Buffer 12 ETF - June (JUNP) is a ETF from PGIM Investments and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year JUNP returned +10.85% while QQQ returned +26.45%. Year to date, JUNP is up 5.77% versus a gain of 17.85% for QQQ.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% compared with 6.0% for JUNP. 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 -11.2% for JUNP and -83.0% for QQQ. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
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
JUNP charges 0.50% per year while QQQ charges 0.18%. On a $10,000 position that is $50 vs $18 annually, a gap of $32 per year that compounds over a long holding period. On income, JUNP currently yields 0.00% against 0.41% for QQQ.
Frequently Asked Questions
Which is cheaper, JUNP or QQQ?
JUNP has an expense ratio of 0.50% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $32 per year of difference.
Which performed better, JUNP or QQQ?
Over the past year JUNP returned +10.85% vs +26.45% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (2 years), JUNP annualized +12.53% vs +13.09% for QQQ. Past performance does not guarantee future results.
Which is riskier, JUNP or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 6.0% for JUNP. Worst drawdown: JUNP -11.2% vs QQQ -83.0%.
Should I hold both JUNP and QQQ?
JUNP and QQQ have a monthly-return correlation of 0.77, so combining them can provide real diversification depending on your allocation goals.
Which pays a higher dividend, JUNP or QQQ?
JUNP yields 0.00% while QQQ yields 0.41%, so QQQ currently pays the higher dividend yield.
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