KOMP vs QQQ
State Street SPDR S&P Kensho New Economies Composite ETF vs Invesco QQQ Trust, Series 1
Which is better, KOMP or QQQ?
Mid Cap Growth against Large Cap Growth.
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window. KOMP is less concentrated, with 9.9% of the fund in its ten largest positions against 46.5%.
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 | KOMP | QQQ |
|---|---|---|
| Expense Ratio | 0.20% | 0.18%Best |
| AUM | $2.7B | $486.1B |
| Dividend Yield | 1.58% | 0.44% |
| Holdings | 508 | 107 |
| YTD Return | +10.53% | +17.54%Best |
| 1Y Return | +18.69% | +25.59%Best |
| 3Y Return (annualized) | +18.00% | +24.63%Best |
| 5Y Return (annualized) | +2.02% | +14.18%Best |
| Volatility (annualized) | 24.7% | 20.4%Best |
| Max Drawdown | -50.1% | -35.1%Best |
| $10,000 over 5 years | $11,052 | $19,407Best |
| Top 10 Weight | 9.9%Best | 46.5% |
| Fund Family | State Street Investment Management | Invesco (US) |
| Category | Equity | Equity |
| Style | Mid Cap Growth | Large Cap Growth |
| Inception | Oct 19, 2018 | Mar 10, 1999 |
Volatility and max drawdown are measured over the window both funds cover: Oct 23, 2018 to Sep 4, 2026 (7.9 years).
KOMP 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 7.9 years both funds cover.
KOMP vs QQQ Performance
State Street SPDR S&P Kensho New Economies Composite ETF (KOMP) is an ETF from State Street Investment Management and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year KOMP returned +18.69% while QQQ returned +25.59%. Year to date, KOMP is up 10.53% versus a gain of 17.54% for QQQ.
Over three years, KOMP compounded at +18.00% per year against +24.63% for QQQ; over five years the annualized figures are +2.02% and +14.18% respectively. Across the full 8-year window we track, QQQ has the edge at +20.32% annualized vs +12.06%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
KOMP has been the more volatile fund, with annualized monthly volatility of 24.7% compared with 20.4% 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 -50.1% for KOMP and -35.1% 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 0.83. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
KOMP charges 0.20% per year while QQQ charges 0.18%. On a $10,000 position that is $20 vs $18 annually, a gap of $2 per year that compounds over a long holding period. On income, KOMP currently yields 1.58% against 0.44% for QQQ.
Holdings Overlap
9.1% of KOMP's money is in holdings QQQ also owns. 54.0% of QQQ's money is in holdings KOMP also owns.
The two portfolios partly overlap.
37 positions in common, counted across the 501 positions we hold weights for in KOMP and 102 in QQQ, against full books of 508 and 107.
What only one of them owns
Our book lists 58 positions for QQQ that do not appear in our book for KOMP (43.6% of the fund), and 392 for KOMP that do not appear in QQQ (80.5%).
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 KOMP | Weight in QQQ | Difference |
|---|---|---|---|
| NVDANvidia Corp. | 0.73% | 8.44% | 7.71% |
| AAPLApple Inc Ord | 0.12% | 7.27% | 7.15% |
| MSFTMicrosoft Corp 4.100 Feb 06 37 | 0.21% | 5.76% | 5.55% |
| MUMicron Technology, Inc. | 0.40% | 4.43% | 4.03% |
| METAMeta Platform Inc | 0.62% | 2.78% | 2.16% |
| GOOGAlphabet, Inc., Class C | 0.23% | 3.13% | 2.90% |
| AVGOBroadcom Inc | 0.12% | 3.16% | 3.04% |
| TSLATesla Motors Inc | 0.61% | 2.56% | 1.95% |
| CSCOCisco Systems Inc | 0.37% | 2.10% | 1.73% |
| AMATApplied Materials, Inc. | 0.25% | 1.86% | 1.61% |
54.0% of QQQ is already inside KOMP.
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, KOMP or QQQ?
KOMP has an expense ratio of 0.20% while QQQ charges 0.18%. QQQ is the cheaper option, by $2 a year on a $10,000 investment.
Which performed better, KOMP or QQQ?
Over the past year KOMP returned +18.69% vs +25.59% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (8 years), KOMP annualized +12.06% vs +20.32% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, KOMP or QQQ?
KOMP has been the more volatile fund at 24.7% annualized versus 20.4% for QQQ. Worst drawdown: KOMP -50.1% vs QQQ -35.1%.
Should I hold both KOMP and QQQ?
KOMP and QQQ have a monthly-return correlation of 0.83, 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 KOMP and QQQ?
54.0% of QQQ's money is in holdings KOMP also owns. 54.0% of QQQ's is in holdings KOMP also owns. They hold 37 positions in common, counted across the 501 positions we hold weights for in KOMP and 102 in QQQ.
Which pays a higher dividend, KOMP or QQQ?
KOMP yields 1.58% while QQQ yields 0.44%, so KOMP currently pays the higher dividend yield.
Is QQQ better than KOMP?
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window. KOMP is less concentrated, with 9.9% of the fund in its ten largest positions against 46.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.