PSCE vs QQQ
Invesco S&P SmallCap Energy ETF vs Invesco QQQ Trust, Series 1
Which is better, PSCE or QQQ?
Small Cap Value against Large Cap Growth.
QQQ has a lower expense ratio. PSCE led over 1Y, QQQ over 3Y, 5Y and the full window. QQQ is less concentrated, with 46.5% of the fund in its ten largest positions against 50.0%.
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 | PSCE | QQQ |
|---|---|---|
| Expense Ratio | 0.29% | 0.18%Best |
| AUM | $111M | $483.5B |
| Dividend Yield | 2.26% | 0.44% |
| Holdings | 33 | 107 |
| YTD Return | +34.55%Best | +21.71% |
| 1Y Return | +36.25%Best | +25.89% |
| 3Y Return (annualized) | +3.24% | +28.80%Best |
| 5Y Return (annualized) | +10.89% | +15.67%Best |
| Volatility (annualized) | 40.8% | 17.6%Best |
| Max Drawdown | -96.3% | -35.1%Best |
| $10,000 over 5 years | $16,767 | $20,706Best |
| Top 10 Weight | 50.0% | 46.5%Best |
| Fund Family | Invesco (US) | Invesco (US) |
| Category | Equity | Equity |
| Style | Small Cap Value | Large Cap Growth |
| Inception | Apr 7, 2010 | Mar 10, 1999 |
Volatility and max drawdown are measured over the window both funds cover: Apr 7, 2010 to Sep 25, 2026 (16.5 years).
PSCE 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 16.5 years both funds cover.
PSCE vs QQQ Performance
Invesco S&P SmallCap Energy ETF (PSCE) is an ETF from Invesco (US) and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year PSCE returned +36.25% while QQQ returned +25.89%. Year to date, PSCE is up 34.55% versus a gain of 21.71% for QQQ.
Over three years, PSCE compounded at +3.24% per year against +28.80% for QQQ; over five years the annualized figures are +10.89% and +15.67% respectively. Across the full 17-year window we track, QQQ has the edge at +18.25% annualized vs -4.02%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
PSCE has been the more volatile fund, with annualized monthly volatility of 40.8% compared with 17.6% for QQQ. 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 -96.3% for PSCE and -35.1% 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 0.41. They move together some of the time, and apart the rest.
Fees and Cost Over Time
PSCE charges 0.29% per year while QQQ charges 0.18%. On a $10,000 position that is $29 vs $18 annually, a gap of $11 per year that compounds over a long holding period. On income, PSCE currently yields 2.26% against 0.44% for QQQ.
Holdings Overlap
We hold position weights for 34 holdings in PSCE and 102 in QQQ, totalling 100.0% and 99.9% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 34 positions we hold weights for in PSCE and 102 in QQQ, against full books of 33 and 107.
What only one of them owns
Measured across the 34 and 102 positions we hold weights for.
QQQ holds 96 positions PSCE does not, 97.5% of the fund.
Largest: NVDA 8.44%, AAPL 7.27%, MSFT 5.76%, AMZN 4.67%, MU 4.43%
You are not choosing between two funds in isolation.
Whichever of PSCE 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, PSCE or QQQ?
PSCE has an expense ratio of 0.29% while QQQ charges 0.18%. QQQ is the cheaper option, by $11 a year on a $10,000 investment.
Which performed better, PSCE or QQQ?
Over the past year PSCE returned +36.25% vs +25.89% for QQQ, so PSCE leads on 1-year performance. Over the longest common window we track (17 years), PSCE annualized -4.02% vs +18.25% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, PSCE or QQQ?
PSCE has been the more volatile fund at 40.8% annualized versus 17.6% for QQQ. Worst drawdown: PSCE -96.3% vs QQQ -35.1%.
Should I hold both PSCE and QQQ?
PSCE and QQQ have a monthly-return correlation of 0.41, 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, PSCE or QQQ?
PSCE yields 2.26% while QQQ yields 0.44%, so PSCE currently pays the higher dividend yield.
Is QQQ better than PSCE?
QQQ has a lower expense ratio. PSCE led over 1Y, QQQ over 3Y, 5Y and the full window. QQQ is less concentrated, with 46.5% of the fund in its ten largest positions against 50.0%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.