PCR vs QQQ
Simplify VettaFi Private Credit Strategy ETF vs Invesco QQQ Trust, Series 1
Which is better, PCR or QQQ?
High Yield Bond against Large Cap Growth.
QQQ has a lower expense ratio. QQQ led over 1Y and the full window.
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 | PCR | QQQ |
|---|---|---|
| Expense Ratio | 0.76% | 0.18%Best |
| AUM | $2M | $483.5B |
| Dividend Yield | 10.74% | 0.44% |
| Holdings | 270 | 107 |
| YTD Return | -14.12% | +21.16%Best |
| 1Y Return | -18.47% | +24.78%Best |
| 3Y Return (annualized) | - | +27.95% |
| 5Y Return (annualized) | - | +15.36% |
| Volatility (annualized) | 17.3%Best | 21.9% |
| Max Drawdown | -20.1% | -12.0%Best |
| $10,000 over 1 years | $8,079 | $12,429Best |
| Fund Family | Simplify Exchange Traded Funds | Invesco (US) |
| Category | Fixed Income | Equity |
| Style | High Yield Bond | Large Cap Growth |
| Inception | Sep 22, 2025 | Mar 10, 1999 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 1 years row, are measured over the window both funds cover: Sep 23, 2025 to Sep 24, 2026 (1 years).
PCR 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 1 years both funds cover.
PCR vs QQQ Performance
Simplify VettaFi Private Credit Strategy ETF (PCR) is an ETF from Simplify Exchange Traded Funds and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year PCR returned -18.47% while QQQ returned +24.78%. Year to date, PCR is down 14.12% versus a gain of 21.16% for QQQ.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 21.9% compared with 17.3% for PCR. 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 -20.1% for PCR and -12.0% 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 0.42. They move together some of the time, and apart the rest.
Fees and Cost Over Time
PCR charges 0.76% per year while QQQ charges 0.18%. On a $10,000 position that is $76 vs $18 annually, a gap of $58 per year that compounds over a long holding period. On income, PCR currently yields 10.74% against 0.44% for QQQ.
Holdings Overlap
At least 46.2% of QQQ's money is in holdings PCR also owns.
Only one direction is shown: for PCR, our book for it lists positions totalling 156.2% of the fund, which is what a leveraged book looks like and is not a denominator we can divide by.
The two portfolios partly overlap.
29 positions in common, counted across the 257 positions we hold weights for in PCR and 102 in QQQ, against full books of 270 and 107.
Top Shared Holdings
| Stock | Weight in PCR | Weight in QQQ | Difference |
|---|---|---|---|
| NVDANvidia Corp | 0.36% | 8.44% | 8.08% |
| AAPLApple, Inc | 0.34% | 7.27% | 6.93% |
| MSFTMicrosoft Corp | 0.41% | 5.76% | 5.35% |
| GOOGLAlphabet Inc,class A | 0.30% | 3.36% | 3.06% |
| AVGOBroadcom Inc | 0.29% | 3.16% | 2.87% |
| METAMeta Platforms Inc | 0.34% | 2.78% | 2.44% |
| CSCOCisco Systems Inc. - Ordinary Shares | 0.28% | 2.10% | 1.82% |
| AMATApplied Materials, Inc. | 0.24% | 1.86% | 1.62% |
| LRCXLam Research Corp 3.125 06/15/2060 | 0.26% | 1.69% | 1.43% |
| NFLXNetflix, Inc. | 0.33% | 1.37% | 1.04% |
46.2% of QQQ is already inside PCR.
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, PCR or QQQ?
PCR has an expense ratio of 0.76% while QQQ charges 0.18%. QQQ is the cheaper option, by $58 a year on a $10,000 investment.
Which performed better, PCR or QQQ?
Over the past year PCR returned -18.47% vs +24.78% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (1 years), PCR annualized -19.21% vs +24.29% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, PCR or QQQ?
QQQ has been the more volatile fund at 21.9% annualized versus 17.3% for PCR. Worst drawdown: PCR -20.1% vs QQQ -12.0%.
Should I hold both PCR and QQQ?
PCR and QQQ have a monthly-return correlation of 0.42, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between PCR and QQQ?
At least 46.2% of QQQ's money is in holdings PCR also owns. Our book for PCR is partial, so the real figure is this or higher. They hold 29 positions in common, counted across the 257 positions we hold weights for in PCR and 102 in QQQ.
Which pays a higher dividend, PCR or QQQ?
PCR yields 10.74% while QQQ yields 0.44%, so PCR currently pays the higher dividend yield.
Is QQQ better than PCR?
QQQ has a lower expense ratio. QQQ led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.