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 | $437.3B |
| Dividend Yield | 12.46% | 0.43% |
| Holdings | 8 | 208 |
| Volatility (annualized) | 16.4%Best | 22.5% |
| Max Drawdown | -21.5% | -12.0%Best |
| $10,000 over 1.1 years | $7,977 | $11,596Best |
| 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: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized), Top 10 Weight.
The two price series end 12 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. PCR has data through Oct 30, 2026 and QQQ through Nov 11, 2026.
Volatility and max drawdown, and the $10,000 over 1.1 years row, are measured over the window both funds cover: Sep 23, 2025 to Oct 30, 2026 (1.1 years).
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 22.5% compared with 16.4% 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 -21.5% 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 0.40. 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 12.46% against 0.43% for QQQ.
You are not choosing between two funds in isolation.
Whichever of PCR 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, 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 is riskier, PCR or QQQ?
QQQ has been the more volatile fund at 22.5% annualized versus 16.4% for PCR. Worst drawdown: PCR -21.5% vs QQQ -12.0%.
Should I hold both PCR and QQQ?
PCR and QQQ have a monthly-return correlation of 0.40, 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, PCR or QQQ?
PCR yields 12.46% while QQQ yields 0.43%, 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.