QQQ vs QSIX

QQQ vs QSIX
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Quick Verdict

QQQ has a lower expense ratio. QQQ delivered stronger 1-year returns. QQQ offers more diversification with 108 holdings.

Lower Fees: QQQHigher Returns: QQQMore Diversified: QQQ

Side-by-Side Comparison

MetricQQQQSIXWinner
Expense Ratio0.18%0.60%
AUM$496.3B$19M
Dividend Yield0.44%3.78%
Holdings108107
YTD Return+16.64%+15.27%
1Y Return+27.27%+25.05%
3Y Return (annualized)+25.96%-
5Y Return (annualized)+14.54%-
Volatility (annualized)30.6%17.0%
Max Drawdown-83.0%-19.5%
Fund FamilyInvesco (US)Pacer ETFs
CategoryEquityEquity
InceptionMar 10, 1999Sep 23, 2024

QQQ vs QSIX Performance

Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US) and Pacer Metaurus Nasdaq-100 Dividend Multiplier 600 ETF (QSIX) is a ETF from Pacer ETFs. Over the past year QQQ returned +27.27% while QSIX returned +25.05%. Year to date, QQQ is up 16.64% versus a gain of 15.27% for QSIX.

Risk: Volatility and Drawdowns

QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% compared with 17.0% for QSIX. 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 -83.0% for QQQ and -19.5% for QSIX. 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 1.00. They move almost in lockstep, so holding both mostly duplicates the same exposure.

Fees and Cost Over Time

QQQ charges 0.18% per year while QSIX charges 0.60%. On a $10,000 position that is $18 vs $60 annually, a gap of $42 per year that compounds over a long holding period. On income, QQQ currently yields 0.44% against 3.78% for QSIX.

Holdings Overlap

89.0%overlap

QQQ and QSIX share 99 holdings out of 106 unique holdings combined, representing a 89.0% weight overlap.

High overlap means holding both may not provide much additional diversification.

Top Shared Holdings

StockWeight in QQQWeight in QSIXDifference
NVDA8.44%7.03%1.41%
AAPL7.27%6.76%0.51%
MSFT5.76%4.33%1.43%
MUProProPro
AMZNProProPro
AMDProProPro
GOOGLProProPro
GOOGProProPro
AVGOProProPro
TSLAProProPro
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Frequently Asked Questions

Which is cheaper, QQQ or QSIX?

QQQ has an expense ratio of 0.18% while QSIX charges 0.60%. QQQ is the cheaper option. On a $10,000 investment, that is $42 per year of difference.

Which performed better, QQQ or QSIX?

Over the past year QQQ returned +27.27% vs +25.05% for QSIX, so QQQ leads on 1-year performance. Over the longest common window we track (2 years), QQQ annualized +13.03% vs +22.05% for QSIX. Past performance does not guarantee future results.

Which is riskier, QQQ or QSIX?

QQQ has been the more volatile fund at 30.6% annualized versus 17.0% for QSIX. Worst drawdown: QQQ -83.0% vs QSIX -19.5%.

Should I hold both QQQ and QSIX?

QQQ and QSIX have a monthly-return correlation of 1.00, 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 QQQ and QSIX?

QQQ and QSIX share 99 common holdings with a 89.0% weight overlap. Combined, they hold 106 unique securities.

Which pays a higher dividend, QQQ or QSIX?

QQQ yields 0.44% while QSIX yields 3.78%, so QSIX currently pays the higher dividend yield.

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