PINK vs QQQ
Simplify Health Care ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. PINK delivered stronger 1-year returns. QQQ offers more diversification with 108 holdings.
Side-by-Side Comparison
| Metric | PINK | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.51% | 0.18% | |
| AUM | $387M | $496.3B | |
| Dividend Yield | 0.63% | 0.44% | |
| Holdings | 55 | 108 | |
| YTD Return | +9.81% | +16.64% | |
| 1Y Return | +34.09% | +27.27% | |
| 3Y Return (annualized) | +16.16% | +25.96% | |
| 5Y Return (annualized) | - | +14.54% | |
| Volatility (annualized) | 17.1% | 30.6% | |
| Max Drawdown | -18.8% | -83.0% | |
| Fund Family | Simplify Exchange Traded Funds | Invesco (US) | |
| Category | Equity | Equity | |
| Inception | Oct 7, 2021 | Mar 10, 1999 |
PINK vs QQQ Performance
Simplify Health Care ETF (PINK) 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 PINK returned +34.09% while QQQ returned +27.27%. Year to date, PINK is up 9.81% versus a gain of 16.64% for QQQ.
Over three years, PINK compounded at +16.16% per year against +25.96% for QQQ. Across the full 5-year window we track, QQQ has the edge at +13.03% annualized vs +10.97%. 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 17.1% for PINK. 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 -18.8% for PINK 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 0.53. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
PINK charges 0.51% per year while QQQ charges 0.18%. On a $10,000 position that is $51 vs $18 annually, a gap of $33 per year that compounds over a long holding period. On income, PINK currently yields 0.63% against 0.44% for QQQ.
Holdings Overlap
PINK and QQQ share 1 holdings out of 105 unique holdings combined, representing a 1.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in PINK | Weight in QQQ | Difference |
|---|---|---|---|
| AMGN | 2.12% | 0.97% | 1.15% |
Frequently Asked Questions
Which is cheaper, PINK or QQQ?
PINK has an expense ratio of 0.51% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $33 per year of difference.
Which performed better, PINK or QQQ?
Over the past year PINK returned +34.09% vs +27.27% for QQQ, so PINK leads on 1-year performance. Over the longest common window we track (5 years), PINK annualized +10.97% vs +13.03% for QQQ. Past performance does not guarantee future results.
Which is riskier, PINK or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 17.1% for PINK. Worst drawdown: PINK -18.8% vs QQQ -83.0%.
Should I hold both PINK and QQQ?
PINK and QQQ have a monthly-return correlation of 0.53, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between PINK and QQQ?
PINK and QQQ share 1 common holdings with a 1.0% weight overlap. Combined, they hold 105 unique securities.
Which pays a higher dividend, PINK or QQQ?
PINK yields 0.63% while QQQ yields 0.44%, so PINK currently pays the higher dividend yield.
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