LEAD vs QQQ
LEAD vs QQQ
Siren DIVCON Leaders Dividend ETF 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 | LEAD | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.43% | 0.18% | |
| AUM | $72M | $455.8B | |
| Dividend Yield | 0.55% | 0.41% | |
| Holdings | 54 | 108 | |
| YTD Return | +11.78% | +18.20% | |
| 1Y Return | +19.19% | +27.63% | |
| 3Y Return (annualized) | +15.43% | +25.54% | |
| 5Y Return (annualized) | +11.00% | +15.12% | |
| Volatility (annualized) | 15.7% | 30.6% | |
| Max Drawdown | -32.2% | -83.0% | |
| Fund Family | SRN Advisors | Invesco (US) | |
| Category | Equity | Equity | |
| Inception | Jan 6, 2016 | Mar 10, 1999 |
LEAD vs QQQ Performance
Siren DIVCON Leaders Dividend ETF (LEAD) is a ETF from SRN Advisors and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year LEAD returned +19.19% while QQQ returned +27.63%. Year to date, LEAD is up 11.78% versus a gain of 18.20% for QQQ.
Over three years, LEAD compounded at +15.43% per year against +25.54% for QQQ; over five years the annualized figures are +11.00% and +15.12% respectively. Across the full 11-year window we track, LEAD has the edge at +13.67% annualized vs +13.11%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% compared with 15.7% for LEAD. 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 -32.2% for LEAD 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 0.85. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
LEAD charges 0.43% per year while QQQ charges 0.18%. On a $10,000 position that is $43 vs $18 annually, a gap of $25 per year that compounds over a long holding period. On income, LEAD currently yields 0.55% against 0.41% for QQQ.
Holdings Overlap
LEAD and QQQ share 13 holdings out of 143 unique holdings combined, representing a 18.6% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in LEAD | Weight in QQQ | Difference |
|---|---|---|---|
| NVDA | 5.34% | 7.88% | 2.54% |
| AVGO | 6.55% | 2.91% | 3.64% |
| AAPL | 1.75% | 7.46% | 5.71% |
| KLAC | Pro | Pro | Pro |
| MSFT | Pro | Pro | Pro |
| COST | Pro | Pro | Pro |
| AMAT | Pro | Pro | Pro |
| ADI | Pro | Pro | Pro |
| MPWR | Pro | Pro | Pro |
| CTAS | Pro | Pro | Pro |
See all 10 holdings LEAD shares with QQQ Exact weights in each fund and the difference, for every overlapping position. Get FundXLS Pro: $29/moFirst 500 subscribers, then $49/mo. Cancel anytime. | |||
Frequently Asked Questions
Which is cheaper, LEAD or QQQ?
LEAD has an expense ratio of 0.43% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $25 per year of difference.
Which performed better, LEAD or QQQ?
Over the past year LEAD returned +19.19% vs +27.63% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (11 years), LEAD annualized +13.67% vs +13.11% for QQQ. Past performance does not guarantee future results.
Which is riskier, LEAD or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 15.7% for LEAD. Worst drawdown: LEAD -32.2% vs QQQ -83.0%.
Should I hold both LEAD and QQQ?
LEAD and QQQ have a monthly-return correlation of 0.85, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between LEAD and QQQ?
LEAD and QQQ share 13 common holdings with a 18.6% weight overlap. Combined, they hold 143 unique securities.
Which pays a higher dividend, LEAD or QQQ?
LEAD yields 0.55% while QQQ yields 0.41%, so LEAD currently pays the higher dividend yield.
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