QQJG vs SPY
Invesco ESG NASDAQ Next Gen 100 ETF vs State Street SPDR S&P 500 ETF Trust
Quick Verdict
SPY has a lower expense ratio. SPY delivered stronger 1-year returns. SPY offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | QQJG | SPY | Winner |
|---|---|---|---|
| Expense Ratio | 0.20% | 0.09% | |
| AUM | $7M | $821.1B | |
| Dividend Yield | 0.69% | 1.01% | |
| Holdings | 84 | 505 | |
| YTD Return | -11.31% | +12.68% | |
| 1Y Return | +3.29% | +21.82% | |
| 3Y Return (annualized) | +10.04% | +21.98% | |
| 5Y Return (annualized) | - | +12.89% | |
| Volatility (annualized) | 19.2% | 15.3% | |
| Max Drawdown | -36.8% | -56.5% | |
| Fund Family | Invesco (US) | State Street Investment Management | |
| Category | Equity | Equity | |
| Inception | Oct 27, 2021 | Jan 22, 1993 |
QQJG vs SPY Performance
Invesco ESG NASDAQ Next Gen 100 ETF (QQJG) is a ETF from Invesco (US) and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Over the past year QQJG returned +3.29% while SPY returned +21.82%. Year to date, QQJG is down 11.31% versus a gain of 12.68% for SPY.
Over three years, QQJG compounded at +10.04% per year against +21.98% for SPY. Across the full 4-year window we track, SPY has the edge at +8.81% annualized vs +0.79%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQJG has been the more volatile fund, with annualized monthly volatility of 19.2% compared with 15.3% 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 -36.8% for QQJG and -56.5% for SPY. 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 0.92. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
QQJG charges 0.20% per year while SPY charges 0.09%. On a $10,000 position that is $20 vs $9 annually, a gap of $11 per year that compounds over a long holding period. On income, QQJG currently yields 0.69% against 1.01% for SPY.
Holdings Overlap
QQJG and SPY share 35 holdings out of 558 unique holdings combined, representing a 1.7% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, QQJG or SPY?
QQJG has an expense ratio of 0.20% while SPY charges 0.09%. SPY is the cheaper option. On a $10,000 investment, that is $11 per year of difference.
Which performed better, QQJG or SPY?
Over the past year QQJG returned +3.29% vs +21.82% for SPY, so SPY leads on 1-year performance. Over the longest common window we track (4 years), QQJG annualized +0.79% vs +8.81% for SPY. Past performance does not guarantee future results.
Which is riskier, QQJG or SPY?
QQJG has been the more volatile fund at 19.2% annualized versus 15.3% for SPY. Worst drawdown: QQJG -36.8% vs SPY -56.5%.
Should I hold both QQJG and SPY?
QQJG and SPY have a monthly-return correlation of 0.92, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.
What is the holdings overlap between QQJG and SPY?
QQJG and SPY share 35 common holdings with a 1.7% weight overlap. Combined, they hold 558 unique securities.
Which pays a higher dividend, QQJG or SPY?
QQJG yields 0.69% while SPY yields 1.01%, so SPY currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.