PATN vs QQQ
Pacer Nasdaq International Patent Leaders ETF vs Invesco QQQ Trust, Series 1
Which is better, PATN or QQQ?
Large Cap Blend against Large Cap Growth.
QQQ has a lower expense ratio. PATN led over 1Y and the full window. PATN is less concentrated, with 42.8% of the fund in its ten largest positions against 46.5%.
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 | PATN | QQQ |
|---|---|---|
| Expense Ratio | 0.65% | 0.18%Best |
| AUM | $287M | $483.5B |
| Dividend Yield | 1.67% | 0.44% |
| Holdings | 108 | 107 |
| YTD Return | +31.47%Best | +21.71% |
| 1Y Return | +45.04%Best | +25.89% |
| 3Y Return (annualized) | - | +28.80% |
| 5Y Return (annualized) | - | +15.67% |
| Volatility (annualized) | 20.6% | 18.6%Best |
| Max Drawdown | -16.8%Best | -22.8% |
| $10,000 over 2 years | $18,531Best | $15,813 |
| Top 10 Weight | 42.8%Best | 46.5% |
| Fund Family | Pacer ETFs | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Growth |
| Inception | Sep 16, 2024 | Mar 10, 1999 |
Volatility and max drawdown, and the $10,000 over 2 years row, are measured over the window both funds cover: Sep 17, 2024 to Sep 25, 2026 (2 years).
PATN 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 covers the 2 years both funds cover.
PATN vs QQQ Performance
Pacer Nasdaq International Patent Leaders ETF (PATN) is an ETF from Pacer ETFs and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year PATN returned +45.04% while QQQ returned +25.89%. Year to date, PATN is up 31.47% versus a gain of 21.71% for QQQ.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
PATN has been the more volatile fund, with annualized monthly volatility of 20.6% compared with 18.6% for QQQ. 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 -16.8% for PATN and -22.8% for QQQ. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.71. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
PATN charges 0.65% per year while QQQ charges 0.18%. On a $10,000 position that is $65 vs $18 annually, a gap of $47 per year that compounds over a long holding period. On income, PATN currently yields 1.67% against 0.44% for QQQ.
Holdings Overlap
We hold position weights for 98 holdings in PATN and 102 in QQQ, totalling 97.2% and 99.9% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 98 positions we hold weights for in PATN and 102 in QQQ, against full books of 108 and 107.
What only one of them owns
Our book lists 96 positions for QQQ that do not appear in our book for PATN (97.5% of the fund), and 4 for PATN that do not appear in QQQ (1.2%).
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.
You are not choosing between two funds in isolation.
Whichever of PATN 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, PATN or QQQ?
PATN has an expense ratio of 0.65% while QQQ charges 0.18%. QQQ is the cheaper option, by $47 a year on a $10,000 investment.
Which performed better, PATN or QQQ?
Over the past year PATN returned +45.04% vs +25.89% for QQQ, so PATN leads on 1-year performance. Over the longest common window we track (2 years), PATN annualized +36.13% vs +25.75% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, PATN or QQQ?
PATN has been the more volatile fund at 20.6% annualized versus 18.6% for QQQ. Worst drawdown: PATN -16.8% vs QQQ -22.8%.
Should I hold both PATN and QQQ?
PATN and QQQ have a monthly-return correlation of 0.71, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, PATN or QQQ?
PATN yields 1.67% while QQQ yields 0.44%, so PATN currently pays the higher dividend yield.
Is QQQ better than PATN?
QQQ has a lower expense ratio. PATN led over 1Y and the full window. PATN is less concentrated, with 42.8% of the fund in its ten largest positions against 46.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.