PUI vs QQQ
Invesco Dorsey Wright Utilities Momentum ETF vs Invesco QQQ Trust, Series 1
Which is better, PUI or QQQ?
Mid Cap Blend against Large Cap Growth.
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window. PUI is less concentrated, with 36.7% of the fund in its ten largest positions against 46.5%.
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 | PUI | QQQ |
|---|---|---|
| Expense Ratio | 0.60% | 0.18%Best |
| AUM | $52M | $483.5B |
| Dividend Yield | 2.15% | 0.44% |
| Holdings | 38 | 107 |
| YTD Return | -6.29% | +20.94%Best |
| 1Y Return | -9.33% | +23.67%Best |
| 3Y Return (annualized) | +15.19% | +27.71%Best |
| 5Y Return (annualized) | +6.96% | +16.30%Best |
| Volatility (annualized) | 14.1%Best | 18.5% |
| Max Drawdown | -45.8%Best | -53.5% |
| $10,000 over 5 years | $13,999 | $21,276Best |
| Top 10 Weight | 36.7%Best | 46.5% |
| Fund Family | Invesco (US) | Invesco (US) |
| Category | Equity | Equity |
| Style | Mid Cap Blend | Large Cap Growth |
| Inception | Oct 26, 2005 | Mar 10, 1999 |
Volatility and max drawdown are measured over the window both funds cover: Oct 26, 2005 to Sep 30, 2026 (20.9 years).
PUI 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 20.9 years both funds cover.
PUI vs QQQ Performance
Invesco Dorsey Wright Utilities Momentum ETF (PUI) is an ETF from Invesco (US) and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year PUI returned -9.33% while QQQ returned +23.67%. Year to date, PUI is down 6.29% versus a gain of 20.94% for QQQ.
Over three years, PUI compounded at +15.19% per year against +27.71% for QQQ; over five years the annualized figures are +6.96% and +16.30% respectively. Across the full 21-year window we track, QQQ has the edge at +15.30% annualized vs +5.40%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 18.5% compared with 14.1% for PUI. 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 -45.8% for PUI and -53.5% 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 0.45. They move together some of the time, and apart the rest.
Fees and Cost Over Time
PUI 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, PUI currently yields 2.15% against 0.44% for QQQ.
Holdings Overlap
13.5% of PUI's money is in holdings QQQ also owns. 1.1% of QQQ's money is in holdings PUI also owns.
PUI and QQQ share little of their money.
4 positions in common, counted across the 35 positions we hold weights for in PUI and 102 in QQQ, against full books of 38 and 107.
What only one of them owns
Measured across the 35 and 102 positions we hold weights for.
QQQ holds 92 positions PUI does not, 96.4% 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 PUI 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, PUI or QQQ?
PUI has an expense ratio of 0.60% while QQQ charges 0.18%. QQQ is the cheaper option, by $42 a year on a $10,000 investment.
Which performed better, PUI or QQQ?
Over the past year PUI returned -9.33% vs +23.67% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (21 years), PUI annualized +5.40% vs +15.30% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, PUI or QQQ?
QQQ has been the more volatile fund at 18.5% annualized versus 14.1% for PUI. Worst drawdown: PUI -45.8% vs QQQ -53.5%.
Should I hold both PUI and QQQ?
PUI and QQQ have a monthly-return correlation of 0.45, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between PUI and QQQ?
13.5% of PUI's money is in holdings QQQ also owns. 1.1% of QQQ's is in holdings PUI also owns. They hold 4 positions in common, counted across the 35 positions we hold weights for in PUI and 102 in QQQ.
Which pays a higher dividend, PUI or QQQ?
PUI yields 2.15% while QQQ yields 0.44%, so PUI currently pays the higher dividend yield.
Is QQQ better than PUI?
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window. PUI is less concentrated, with 36.7% of the fund in its ten largest positions against 46.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.