PBWN vs QQQ
Portfolio Building Block World Ex US Industrials ETF vs Invesco QQQ Trust, Series 1
Which is better, PBWN or QQQ?
Large Cap Blend against Large Cap Growth.
PBWN has a lower expense ratio. PBWN is less concentrated, with 36.4% of the fund in its ten largest positions against 46.9%.
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 | PBWN | QQQ |
|---|---|---|
| Expense Ratio | 0.14%Best | 0.18% |
| AUM | $958,040.55 | $437.3B |
| Dividend Yield | 0.00% | 0.43% |
| Holdings | 208 | 208 |
| YTD Return | -2.76% | +12.98%Best |
| 1Y Return | - | +11.59% |
| 3Y Return (annualized) | - | +23.05% |
| 5Y Return (annualized) | - | +12.74% |
| Top 10 Weight | 36.4%Best | 46.9% |
| Fund Family | Portfolio Building Block ETFs | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Growth |
| Inception | Sep 24, 2026 | Mar 10, 1999 |
Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window.
PBWN 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.
PBWN vs QQQ Performance
Portfolio Building Block World Ex US Industrials ETF (PBWN) is an ETF from Portfolio Building Block ETFs and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Year to date, PBWN is down 2.76% versus a gain of 12.98% for QQQ.
Past performance does not guarantee future results.
Fees and Cost Over Time
PBWN charges 0.14% per year while QQQ charges 0.18%. On a $10,000 position that is $14 vs $18 annually, a gap of $4 per year that compounds over a long holding period. On income, PBWN currently yields 0.00% against 0.43% for QQQ.
Holdings Overlap
1.0% of PBWN's money is in holdings QQQ also owns. 0.3% of QQQ's money is in holdings PBWN also owns.
We cannot see either book well enough to say how much of this pair is duplicated.
2 positions in common, counted across the 103 positions we hold weights for in PBWN and 101 in QQQ, against full books of 208 and 208.
What only one of them owns
Our book lists 94 positions for QQQ that do not appear in our book for PBWN (97.2% of the fund), and 3 for PBWN that do not appear in QQQ (1.3%).
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 PBWN 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, PBWN or QQQ?
PBWN has an expense ratio of 0.14% while QQQ charges 0.18%. PBWN is the cheaper option, by $4 a year on a $10,000 investment.
Which pays a higher dividend, PBWN or QQQ?
PBWN yields 0.00% while QQQ yields 0.43%, so QQQ currently pays the higher dividend yield.
Is QQQ better than PBWN?
PBWN has a lower expense ratio. PBWN is less concentrated, with 36.4% of the fund in its ten largest positions against 46.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.