NSIV vs QQQ
North Square Disciplined Value ETF vs Invesco QQQ Trust, Series 1
Which is better, NSIV or QQQ?
Large Cap Value against Large Cap Growth.
QQQ has a lower expense ratio. NSIV is less concentrated, with 33.5% of the fund in its ten largest positions against 47.2%.
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 | NSIV | QQQ |
|---|---|---|
| Expense Ratio | 0.38% | 0.18%Best |
| AUM | $72M | $498.6B |
| Dividend Yield | 0.00% | 0.42% |
| Holdings | 58 | 321 |
| YTD Return | +1.43% | +22.67%Best |
| 1Y Return | - | +24.33% |
| 3Y Return (annualized) | - | +29.05% |
| 5Y Return (annualized) | - | +17.00% |
| Top 10 Weight | 33.5%Best | 47.2% |
| Fund Family | North Square Investments, LLC | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Growth |
| Inception | Jul 9, 2026 | Mar 10, 1999 |
Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window.
NSIV 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.
NSIV vs QQQ Performance
North Square Disciplined Value ETF (NSIV) is an ETF from North Square Investments, LLC and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Year to date, NSIV is up 1.43% versus a gain of 22.67% for QQQ.
Past performance does not guarantee future results.
Fees and Cost Over Time
NSIV charges 0.38% per year while QQQ charges 0.18%. On a $10,000 position that is $38 vs $18 annually, a gap of $20 per year that compounds over a long holding period. On income, NSIV currently yields 0.00% against 0.42% for QQQ.
Holdings Overlap
17.0% of NSIV's money is in holdings QQQ also owns. 34.7% of QQQ's money is in holdings NSIV also owns.
The two portfolios partly overlap.
7 positions in common, counted across the 55 positions we hold weights for in NSIV and 102 in QQQ, against full books of 58 and 321.
What only one of them owns
Our book lists 89 positions for QQQ that do not appear in our book for NSIV (63.0% of the fund), and 46 for NSIV that do not appear in QQQ (77.5%).
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.
34.7% of QQQ is already inside NSIV.
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, NSIV or QQQ?
NSIV has an expense ratio of 0.38% while QQQ charges 0.18%. QQQ is the cheaper option, by $20 a year on a $10,000 investment.
What is the holdings overlap between NSIV and QQQ?
34.7% of QQQ's money is in holdings NSIV also owns. 34.7% of QQQ's is in holdings NSIV also owns. They hold 7 positions in common, counted across the 55 positions we hold weights for in NSIV and 102 in QQQ.
Which pays a higher dividend, NSIV or QQQ?
NSIV yields 0.00% while QQQ yields 0.42%, so QQQ currently pays the higher dividend yield.
Is QQQ better than NSIV?
QQQ has a lower expense ratio. NSIV is less concentrated, with 33.5% of the fund in its ten largest positions against 47.2%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.