LPSV vs QQQ
Lone Peak SMID Value ETF vs Invesco QQQ Trust, Series 1
Which is better, LPSV or QQQ?
Small Cap Value against Large Cap Growth.
QQQ has a lower expense ratio. QQQ is less concentrated, with 46.7% of the fund in its ten largest positions against 52.3%.
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 | LPSV | QQQ |
|---|---|---|
| Expense Ratio | 0.70% | 0.18%Best |
| AUM | $477,462.13 | $506.1B |
| Dividend Yield | 0.00% | 0.42% |
| Holdings | 25 | 321 |
| YTD Return | -4.32% | +16.56%Best |
| 1Y Return | - | +13.92% |
| 3Y Return (annualized) | - | +28.03% |
| 5Y Return (annualized) | - | +14.12% |
| Top 10 Weight | 52.3% | 46.7%Best |
| Fund Family | Lone Peak Global Investors, LLC | Invesco (US) |
| Category | Equity | Equity |
| Style | Small Cap Value | Large Cap Growth |
| Inception | Sep 14, 2026 | Mar 10, 1999 |
Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window.
LPSV 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
LPSV vs QQQ Performance
Lone Peak SMID Value ETF (LPSV) is an ETF from Lone Peak Global Investors, LLC and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Year to date, LPSV is down 4.32% versus a gain of 16.56% for QQQ.
Past performance does not guarantee future results.
Fees and Cost Over Time
LPSV charges 0.70% per year while QQQ charges 0.18%. On a $10,000 position that is $70 vs $18 annually, a gap of $52 per year that compounds over a long holding period. On income, LPSV currently yields 0.00% against 0.42% for QQQ.
Holdings Overlap
5.4% of LPSV's money is in holdings QQQ also owns. 0.3% of QQQ's money is in holdings LPSV also owns.
LPSV and QQQ share little of their money.
2 positions in common, counted across the 25 positions we hold weights for in LPSV and 101 in QQQ, against full books of 25 and 321.
What only one of them owns
Measured across the 25 and 101 positions we hold weights for.
QQQ holds 92 positions LPSV does not, 96.9% of the fund.
Largest: NVDA 8.33%, AAPL 7.35%, MSFT 5.76%, MU 5.02%, AMD 4.17%
You are not choosing between two funds in isolation.
Whichever of LPSV and QQQ you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, LPSV or QQQ?
LPSV has an expense ratio of 0.70% while QQQ charges 0.18%. QQQ is the cheaper option, by $52 a year on a $10,000 investment.
What is the holdings overlap between LPSV and QQQ?
5.4% of LPSV's money is in holdings QQQ also owns. 0.3% of QQQ's is in holdings LPSV also owns. They hold 2 positions in common, counted across the 25 positions we hold weights for in LPSV and 101 in QQQ.
Which pays a higher dividend, LPSV or QQQ?
LPSV yields 0.00% while QQQ yields 0.42%, so QQQ currently pays the higher dividend yield.
Is QQQ better than LPSV?
QQQ has a lower expense ratio. QQQ is less concentrated, with 46.7% of the fund in its ten largest positions against 52.3%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.