PCR vs QQQ

PCR vs QQQ
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Quick Verdict

QQQ has a lower expense ratio. QQQ delivered stronger 1-year returns. PCR offers more diversification with 270 holdings.

Lower Fees: QQQHigher Returns: QQQMore Diversified: PCR

Side-by-Side Comparison

MetricPCRQQQWinner
Expense Ratio0.76%0.18%
AUM$3M$496.3B
Dividend Yield10.24%0.44%
Holdings270108
YTD Return-8.20%+16.64%
1Y Return-13.67%+27.27%
3Y Return (annualized)-+25.96%
5Y Return (annualized)-+14.54%
Volatility (annualized)-30.6%
Max Drawdown-20.1%-83.0%
Fund FamilySimplify Exchange Traded FundsInvesco (US)
CategoryFixed IncomeEquity
InceptionSep 22, 2025Mar 10, 1999

PCR vs QQQ Performance

Simplify VettaFi Private Credit Strategy ETF (PCR) is a ETF from Simplify Exchange Traded Funds and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year PCR returned -13.67% while QQQ returned +27.27%. Year to date, PCR is down 8.20% versus a gain of 16.64% for QQQ.

Risk: Volatility and Drawdowns

The deepest peak-to-trough decline in our data was -20.1% for PCR and -83.0% for QQQ. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

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 10.24% against 0.44% for QQQ.

Holdings Overlap

8.2%overlap

PCR and QQQ share 29 holdings out of 325 unique holdings combined, representing a 8.2% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in PCRWeight in QQQDifference
NVDA0.30%8.44%8.14%
AAPL0.32%7.27%6.95%
MSFT0.32%5.76%5.44%
GOOGLProProPro
AVGOProProPro
METAProProPro
CSCOProProPro
AMATProProPro
LRCXProProPro
NFLXProProPro
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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. On a $10,000 investment, that is $58 per year of difference.

Which performed better, PCR or QQQ?

Over the past year PCR returned -13.67% vs +27.27% for QQQ, so QQQ leads on 1-year performance. Past performance does not guarantee future results.

What is the holdings overlap between PCR and QQQ?

PCR and QQQ share 29 common holdings with a 8.2% weight overlap. Combined, they hold 325 unique securities.

Which pays a higher dividend, PCR or QQQ?

PCR yields 10.24% while QQQ yields 0.44%, so PCR currently pays the higher dividend yield.

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