PBD vs QQQ
Invesco Global Clean Energy ETF vs Invesco QQQ Trust, Series 1
Which is better, PBD or QQQ?
Mid Cap Growth against Large Cap Growth.
QQQ has a lower expense ratio. PBD led over 1Y, QQQ over 3Y, 5Y and the full window. PBD is less concentrated, with 12.8% 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 | PBD | QQQ |
|---|---|---|
| Expense Ratio | 0.75% | 0.18%Best |
| AUM | $189M | $486.1B |
| Dividend Yield | 1.75% | 0.44% |
| Holdings | 124 | 107 |
| YTD Return | +6.93% | +17.54%Best |
| 1Y Return | +28.76%Best | +25.59% |
| 3Y Return (annualized) | +3.55% | +24.63%Best |
| 5Y Return (annualized) | -8.13% | +14.18%Best |
| Volatility (annualized) | 29.3% | 18.9%Best |
| Max Drawdown | -79.3% | -53.5%Best |
| $10,000 over 5 years | $6,544 | $19,407Best |
| Top 10 Weight | 12.8%Best | 46.5% |
| Fund Family | Invesco (US) | Invesco (US) |
| Category | Equity | Equity |
| Style | Mid Cap Growth | Large Cap Growth |
| Inception | Jun 13, 2007 | Mar 10, 1999 |
Volatility and max drawdown are measured over the window both funds cover: Jun 13, 2007 to Sep 4, 2026 (19.2 years).
PBD 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.
PBD vs QQQ Performance
Invesco Global Clean Energy ETF (PBD) is an ETF from Invesco (US) and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year PBD returned +28.76% while QQQ returned +25.59%. Year to date, PBD is up 6.93% versus a gain of 17.54% for QQQ.
Over three years, PBD compounded at +3.55% per year against +24.63% for QQQ; over five years the annualized figures are -8.13% and +14.18% respectively. Across the full 19-year window we track, QQQ has the edge at +15.43% annualized vs -1.24%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
PBD has been the more volatile fund, with annualized monthly volatility of 29.3% compared with 18.9% 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 -79.3% for PBD and -53.5% 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 0.75. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
PBD charges 0.75% per year while QQQ charges 0.18%. On a $10,000 position that is $75 vs $18 annually, a gap of $57 per year that compounds over a long holding period. On income, PBD currently yields 1.75% against 0.44% for QQQ.
Holdings Overlap
We hold position weights for 110 holdings in PBD and 102 in QQQ, totalling 99.9% 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 110 positions we hold weights for in PBD and 102 in QQQ, against full books of 124 and 107.
What only one of them owns
Our book lists 96 positions for QQQ that do not appear in our book for PBD (97.5% of the fund), and 29 for PBD that do not appear in QQQ (27.6%).
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 PBD 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, PBD or QQQ?
PBD has an expense ratio of 0.75% while QQQ charges 0.18%. QQQ is the cheaper option, by $57 a year on a $10,000 investment.
Which performed better, PBD or QQQ?
Over the past year PBD returned +28.76% vs +25.59% for QQQ, so PBD leads on 1-year performance. Over the longest common window we track (19 years), PBD annualized -1.24% vs +15.43% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, PBD or QQQ?
PBD has been the more volatile fund at 29.3% annualized versus 18.9% for QQQ. Worst drawdown: PBD -79.3% vs QQQ -53.5%.
Should I hold both PBD and QQQ?
PBD and QQQ have a monthly-return correlation of 0.75, 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, PBD or QQQ?
PBD yields 1.75% while QQQ yields 0.44%, so PBD currently pays the higher dividend yield.
Is QQQ better than PBD?
QQQ has a lower expense ratio. PBD led over 1Y, QQQ over 3Y, 5Y and the full window. PBD is less concentrated, with 12.8% 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.