PSCT vs QQQ
Invesco S&P SmallCap Information Technology ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. PSCT delivered stronger 1-year returns. QQQ offers more diversification with 103 holdings.
Side-by-Side Comparison
| Metric | PSCT | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.29% | 0.18% | |
| AUM | $493M | $455.8B | |
| Dividend Yield | 0.00% | 0.41% | |
| Holdings | 73 | 108 | |
| YTD Return | +43.54% | +18.31% | |
| 1Y Return | +76.11% | +25.37% | |
| 3Y Return (annualized) | +21.73% | +25.79% | |
| 5Y Return (annualized) | +11.91% | +15.20% | |
| Volatility (annualized) | 22.6% | 30.6% | |
| Max Drawdown | -40.4% | -83.0% | |
| Fund Family | Invesco (US) | Invesco (US) | |
| Category | Equity | Equity | |
| Inception | Apr 7, 2010 | Mar 10, 1999 |
PSCT vs QQQ Performance
Invesco S&P SmallCap Information Technology ETF (PSCT) is a ETF from Invesco (US) and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year PSCT returned +76.11% while QQQ returned +25.37%. Year to date, PSCT is up 43.54% versus a gain of 18.31% for QQQ.
Over three years, PSCT compounded at +21.73% per year against +25.79% for QQQ; over five years the annualized figures are +11.91% and +15.20% respectively. Across the full 16-year window we track, PSCT has the edge at +15.18% annualized vs +13.10%. 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 22.6% for PSCT. 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 -40.4% for PSCT 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 0.79. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
PSCT 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, PSCT currently yields 0.00% against 0.41% for QQQ.
Holdings Overlap
PSCT and QQQ share 0 holdings out of 172 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, PSCT or QQQ?
PSCT has an expense ratio of 0.29% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $11 per year of difference.
Which performed better, PSCT or QQQ?
Over the past year PSCT returned +76.11% vs +25.37% for QQQ, so PSCT leads on 1-year performance. Over the longest common window we track (16 years), PSCT annualized +15.18% vs +13.10% for QQQ. Past performance does not guarantee future results.
Which is riskier, PSCT or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 22.6% for PSCT. Worst drawdown: PSCT -40.4% vs QQQ -83.0%.
Should I hold both PSCT and QQQ?
PSCT and QQQ have a monthly-return correlation of 0.79, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between PSCT and QQQ?
PSCT and QQQ share 0 common holdings with a 0.0% weight overlap. Combined, they hold 172 unique securities.
Which pays a higher dividend, PSCT or QQQ?
PSCT yields 0.00% while QQQ yields 0.41%, so QQQ currently pays the higher dividend yield.
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