PXJ vs QQQ
Invesco Oil and Gas Services ETF vs Invesco QQQ Trust, Series 1
Which is better, PXJ or QQQ?
Small Cap Value against Large Cap Growth.
QQQ has a lower expense ratio. PXJ led over 1Y and 5Y, QQQ over 3Y and the full window. PXJ is less concentrated, with 44.8% 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 | PXJ | QQQ |
|---|---|---|
| Expense Ratio | 0.63% | 0.18%Best |
| AUM | $126M | $483.5B |
| Dividend Yield | 2.16% | 0.44% |
| Holdings | 32 | 107 |
| YTD Return | +57.75%Best | +17.95% |
| 1Y Return | +72.34%Best | +21.77% |
| 3Y Return (annualized) | +17.85% | +25.63%Best |
| 5Y Return (annualized) | +26.86%Best | +15.24% |
| Volatility (annualized) | 37.0% | 18.5%Best |
| Max Drawdown | -95.3% | -53.5%Best |
| $10,000 over 5 years | $32,857Best | $20,324 |
| Top 10 Weight | 44.8%Best | 46.5% |
| Fund Family | Invesco (US) | Invesco (US) |
| Category | Equity | Equity |
| Style | Small Cap Value | 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 18, 2026 (20.9 years).
PXJ 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
PXJ vs QQQ Performance
Invesco Oil and Gas Services ETF (PXJ) is an ETF from Invesco (US) and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year PXJ returned +72.34% while QQQ returned +21.77%. Year to date, PXJ is up 57.75% versus a gain of 17.95% for QQQ.
Over three years, PXJ compounded at +17.85% per year against +25.63% for QQQ; over five years the annualized figures are +26.86% and +15.24% respectively. Across the full 21-year window we track, QQQ has the edge at +15.19% annualized vs -2.13%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
PXJ has been the more volatile fund, with annualized monthly volatility of 37.0% compared with 18.5% 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 -95.3% for PXJ 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 0.46. They move together some of the time, and apart the rest.
Fees and Cost Over Time
PXJ charges 0.63% per year while QQQ charges 0.18%. On a $10,000 position that is $63 vs $18 annually, a gap of $45 per year that compounds over a long holding period. On income, PXJ currently yields 2.16% against 0.44% for QQQ.
Holdings Overlap
4.6% of PXJ's money is in holdings QQQ also owns. 0.3% of QQQ's money is in holdings PXJ also owns.
PXJ and QQQ share little of their money.
1 positions in common, counted across the 31 positions we hold weights for in PXJ and 102 in QQQ, against full books of 32 and 107.
What only one of them owns
Our book lists 95 positions for QQQ that do not appear in our book for PXJ (97.3% of the fund), and 24 for PXJ that do not appear in QQQ (73.9%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in PXJ | Weight in QQQ | Difference |
|---|---|---|---|
| BKRBaker Hughes Co | 4.57% | 0.27% | 4.30% |
You are not choosing between two funds in isolation.
Whichever of PXJ 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, PXJ or QQQ?
PXJ has an expense ratio of 0.63% while QQQ charges 0.18%. QQQ is the cheaper option, by $45 a year on a $10,000 investment.
Which performed better, PXJ or QQQ?
Over the past year PXJ returned +72.34% vs +21.77% for QQQ, so PXJ leads on 1-year performance. Over the longest common window we track (21 years), PXJ annualized -2.13% vs +15.19% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, PXJ or QQQ?
PXJ has been the more volatile fund at 37.0% annualized versus 18.5% for QQQ. Worst drawdown: PXJ -95.3% vs QQQ -53.5%.
Should I hold both PXJ and QQQ?
PXJ and QQQ have a monthly-return correlation of 0.46, 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 PXJ and QQQ?
4.6% of PXJ's money is in holdings QQQ also owns. 0.3% of QQQ's is in holdings PXJ also owns. They hold 1 positions in common, counted across the 31 positions we hold weights for in PXJ and 102 in QQQ.
Which pays a higher dividend, PXJ or QQQ?
PXJ yields 2.16% while QQQ yields 0.44%, so PXJ currently pays the higher dividend yield.
Is QQQ better than PXJ?
QQQ has a lower expense ratio. PXJ led over 1Y and 5Y, QQQ over 3Y and the full window. PXJ is less concentrated, with 44.8% 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.