LVLN vs QQQ
State Street SPDR S&P Leveraged Loan ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. LVLN offers more diversification with 187 holdings.
Side-by-Side Comparison
| Metric | LVLN | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.40% | 0.18% | |
| AUM | $49M | $496.3B | |
| Dividend Yield | 4.30% | 0.44% | |
| Holdings | 187 | 108 | |
| YTD Return | +3.10% | +16.64% | |
| 1Y Return | - | +27.27% | |
| 3Y Return (annualized) | - | +25.96% | |
| 5Y Return (annualized) | - | +14.54% | |
| Volatility (annualized) | - | 30.6% | |
| Max Drawdown | -2.3% | -83.0% | |
| Fund Family | SPDR State Street Global Advisors | Invesco (US) | |
| Category | Fixed Income | Equity | |
| Inception | Nov 17, 2025 | Mar 10, 1999 |
LVLN vs QQQ Performance
State Street SPDR S&P Leveraged Loan ETF (LVLN) is a ETF from SPDR State Street Global Advisors and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Year to date, LVLN is up 3.10% versus a gain of 16.64% for QQQ.
Risk: Volatility and Drawdowns
The deepest peak-to-trough decline in our data was -2.3% for LVLN 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
LVLN charges 0.40% per year while QQQ charges 0.18%. On a $10,000 position that is $40 vs $18 annually, a gap of $22 per year that compounds over a long holding period. On income, LVLN currently yields 4.30% against 0.44% for QQQ.
Holdings Overlap
LVLN and QQQ share 0 holdings out of 108 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, LVLN or QQQ?
LVLN has an expense ratio of 0.40% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $22 per year of difference.
What is the holdings overlap between LVLN and QQQ?
LVLN and QQQ share 0 common holdings with a 0.0% weight overlap. Combined, they hold 108 unique securities.
Which pays a higher dividend, LVLN or QQQ?
LVLN yields 4.30% while QQQ yields 0.44%, so LVLN currently pays the higher dividend yield.
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