PFI vs QQQ
Invesco Dorsey Wright Financial Momentum ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. QQQ delivered stronger 1-year returns. QQQ offers more diversification with 108 holdings.
Side-by-Side Comparison
| Metric | PFI | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.60% | 0.18% | |
| AUM | $60M | $496.3B | |
| Dividend Yield | 0.98% | 0.44% | |
| Holdings | 50 | 108 | |
| YTD Return | +10.07% | +19.52% | |
| 1Y Return | +13.41% | +26.68% | |
| 3Y Return (annualized) | +16.31% | +26.64% | |
| 5Y Return (annualized) | +5.47% | +15.36% | |
| Volatility (annualized) | 18.4% | 30.6% | |
| Max Drawdown | -60.3% | -83.0% | |
| Fund Family | Invesco (US) | Invesco (US) | |
| Category | Equity | Equity | |
| Inception | Oct 12, 2006 | Mar 10, 1999 |
PFI vs QQQ Performance
Invesco Dorsey Wright Financial Momentum ETF (PFI) is a ETF from Invesco (US) and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year PFI returned +13.41% while QQQ returned +26.68%. Year to date, PFI is up 10.07% versus a gain of 19.52% for QQQ.
Over three years, PFI compounded at +16.31% per year against +26.64% for QQQ; over five years the annualized figures are +5.47% and +15.36% respectively. Across the full 20-year window we track, QQQ has the edge at +13.14% annualized vs +5.30%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% compared with 18.4% for PFI. 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 -60.3% for PFI and -83.0% for QQQ. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.70. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
PFI charges 0.60% per year while QQQ charges 0.18%. On a $10,000 position that is $60 vs $18 annually, a gap of $42 per year that compounds over a long holding period. On income, PFI currently yields 0.98% against 0.44% for QQQ.
Holdings Overlap
PFI and QQQ share 0 holdings out of 151 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, PFI or QQQ?
PFI has an expense ratio of 0.60% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $42 per year of difference.
Which performed better, PFI or QQQ?
Over the past year PFI returned +13.41% vs +26.68% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (20 years), PFI annualized +5.30% vs +13.14% for QQQ. Past performance does not guarantee future results.
Which is riskier, PFI or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 18.4% for PFI. Worst drawdown: PFI -60.3% vs QQQ -83.0%.
Should I hold both PFI and QQQ?
PFI and QQQ have a monthly-return correlation of 0.70, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between PFI and QQQ?
PFI and QQQ share 0 common holdings with a 0.0% weight overlap. Combined, they hold 151 unique securities.
Which pays a higher dividend, PFI or QQQ?
PFI yields 0.98% while QQQ yields 0.44%, so PFI currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.