QQH vs SPY
HCM Defender 100 Index ETF vs State Street SPDR S&P 500 ETF Trust
Which is better, QQH or SPY?
Allocation/Balanced against Large Cap Blend.
SPY has a lower expense ratio. QQH led over the full window, SPY over 1Y, 3Y and 5Y. SPY is less concentrated, with 38.0% of the fund in its ten largest positions against 64.5%.
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 | QQH | SPY |
|---|---|---|
| Expense Ratio | 0.98% | 0.09%Best |
| AUM | $742M | $804.7B |
| Dividend Yield | 0.19% | 0.98% |
| Holdings | 100 | 505 |
| YTD Return | +7.89% | +11.52%Best |
| 1Y Return | +14.40% | +17.48%Best |
| 3Y Return (annualized) | +20.19% | +20.62%Best |
| 5Y Return (annualized) | +9.89% | +12.73%Best |
| Volatility (annualized) | 22.6% | 16.8%Best |
| Max Drawdown | -41.9% | -34.1%Best |
| $10,000 over 5 years | $16,025 | $18,205Best |
| Top 10 Weight | 64.5% | 38.0%Best |
| Fund Family | Howard Capital Management | State Street Investment Management |
| Category | Allocation/Balanced | Equity |
| Style | Allocation/Balanced | Large Cap Blend |
| Inception | Oct 9, 2019 | Jan 22, 1993 |
Volatility and max drawdown are measured over the window both funds cover: Oct 10, 2019 to Sep 10, 2026 (6.9 years).
QQH vs SPY 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 6.9 years both funds cover.
QQH vs SPY Performance
HCM Defender 100 Index ETF (QQH) is an ETF from Howard Capital Management and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Over the past year QQH returned +14.40% while SPY returned +17.48%. Year to date, QQH is up 7.89% versus a gain of 11.52% for SPY.
Over three years, QQH compounded at +20.19% per year against +20.62% for SPY; over five years the annualized figures are +9.89% and +12.73% respectively. Across the full 7-year window we track, QQH has the edge at +18.97% annualized vs +15.95%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQH has been the more volatile fund, with annualized monthly volatility of 22.6% compared with 16.8% for SPY. 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 -41.9% for QQH and -34.1% for SPY. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.80. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
QQH charges 0.98% per year while SPY charges 0.09%. On a $10,000 position that is $98 vs $9 annually, a gap of $89 per year that compounds over a long holding period. On income, QQH currently yields 0.19% against 0.98% for SPY.
Holdings Overlap
81.1% of QQH's money is in holdings SPY also owns. 54.3% of SPY's money is in holdings QQH also owns.
Most of QQH is already inside SPY. Owning both mostly buys the same companies twice.
85 positions in common, counted across the 97 positions we hold weights for in QQH and 504 in SPY, against full books of 100 and 505.
What only one of them owns
Our book lists 409 positions for SPY that do not appear in our book for QQH (45.2% of the fund), and 9 for QQH that do not appear in SPY (18.5%).
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 QQH | Weight in SPY | Difference |
|---|---|---|---|
| AAPLApple, Inc | 10.36% | 6.83% | 3.53% |
| NVDANvidia Corp. | 8.37% | 7.71% | 0.66% |
| MSFTMicrosoft Corp 4.100 Feb 06 37 | 7.88% | 5.50% | 2.38% |
| AMZNAmazon.Com Inc | 4.65% | 4.08% | 0.57% |
| AVGOBroadcom Inc | 3.32% | 2.97% | 0.35% |
| METAMeta Platforms, Inc. | 3.99% | 1.94% | 2.05% |
| GOOGLAlphabet A Usd 0.001 | 2.09% | 3.33% | 1.24% |
| TSLATesla Inc | 3.54% | 1.38% | 2.16% |
| GOOGAlphabet Inc | 2.08% | 2.67% | 0.59% |
| MUMicron Technology, Inc. | 2.89% | 1.51% | 1.38% |
81.1% of QQH is already inside SPY.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, QQH or SPY?
QQH has an expense ratio of 0.98% while SPY charges 0.09%. SPY is the cheaper option, by $89 a year on a $10,000 investment.
Which performed better, QQH or SPY?
Over the past year QQH returned +14.40% vs +17.48% for SPY, so SPY leads on 1-year performance. Over the longest common window we track (7 years), QQH annualized +18.97% vs +15.95% for SPY. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QQH or SPY?
QQH has been the more volatile fund at 22.6% annualized versus 16.8% for SPY. Worst drawdown: QQH -41.9% vs SPY -34.1%.
Should I hold both QQH and SPY?
QQH and SPY have a monthly-return correlation of 0.80, 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 QQH and SPY?
81.1% of QQH's money is in holdings SPY also owns. 54.3% of SPY's is in holdings QQH also owns. They hold 85 positions in common, counted across the 97 positions we hold weights for in QQH and 504 in SPY.
Which pays a higher dividend, QQH or SPY?
QQH yields 0.19% while SPY yields 0.98%, so SPY currently pays the higher dividend yield.
Is SPY better than QQH?
SPY has a lower expense ratio. QQH led over the full window, SPY over 1Y, 3Y and 5Y. SPY is less concentrated, with 38.0% of the fund in its ten largest positions against 64.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.