LQ vs QQQ
Simplify Tax Aware Alternatives ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
LQ has a lower expense ratio. QQQ offers more diversification with 108 holdings.
Side-by-Side Comparison
| Metric | LQ | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.15% | 0.18% | |
| AUM | $2M | $496.3B | |
| Dividend Yield | 0.21% | 0.44% | |
| Holdings | 15 | 108 | |
| YTD Return | -1.58% | +16.64% | |
| 1Y Return | - | +27.27% | |
| 3Y Return (annualized) | - | +25.96% | |
| 5Y Return (annualized) | - | +14.54% | |
| Volatility (annualized) | - | 30.6% | |
| Max Drawdown | -6.6% | -83.0% | |
| Fund Family | Simplify Exchange Traded Funds | Invesco (US) | |
| Category | Alternative | Equity | |
| Inception | May 4, 2026 | Mar 10, 1999 |
LQ vs QQQ Performance
Simplify Tax Aware Alternatives ETF (LQ) is a ETF from Simplify Exchange Traded Funds and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Year to date, LQ is down 1.58% versus a gain of 16.64% for QQQ.
Risk: Volatility and Drawdowns
The deepest peak-to-trough decline in our data was -6.6% for LQ and -83.0% for QQQ. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
Fees and Cost Over Time
LQ charges 0.15% per year while QQQ charges 0.18%. On a $10,000 position that is $15 vs $18 annually, a gap of $3 per year that compounds over a long holding period. On income, LQ currently yields 0.21% against 0.44% for QQQ.
Frequently Asked Questions
Which is cheaper, LQ or QQQ?
LQ has an expense ratio of 0.15% while QQQ charges 0.18%. LQ is the cheaper option. On a $10,000 investment, that is $3 per year of difference.
Which pays a higher dividend, LQ or QQQ?
LQ yields 0.21% while QQQ yields 0.44%, so QQQ currently pays the higher dividend yield.
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