QQQ vs QSPT
Invesco QQQ Trust, Series 1 vs FT Vest Nasdaq-100 Buffer ETF - September
Which is better, QQQ or QSPT?
Large Cap Growth against Multi Alternative.
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.96.
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 | QQQ | QSPT |
|---|---|---|
| Expense Ratio | 0.18%Best | 0.90% |
| AUM | $483.5B | $646M |
| Dividend Yield | 0.44% | 0.00% |
| Holdings | 107 | 10 |
| YTD Return | +17.21%Best | +13.68% |
| 1Y Return | +22.10%Best | +16.16% |
| 3Y Return (annualized) | +25.27%Best | +17.53% |
| 5Y Return (annualized) | +14.60%Best | +12.46% |
| Volatility (annualized) | 20.9% | 13.4%Best |
| Max Drawdown | -35.1% | -22.6%Best |
| $10,000 over 5 years | $19,766Best | $17,988 |
| Fund Family | Invesco (US) | First Trust Portfolios (US) |
| Category | Equity | Alternative |
| Style | Large Cap Growth | Multi Alternative |
| Inception | Mar 10, 1999 | Sep 17, 2021 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Sep 20, 2021 to Sep 17, 2026 (5 years).
QQQ vs QSPT 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 5 years both funds cover.
QQQ vs QSPT Performance
Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US) and FT Vest Nasdaq-100 Buffer ETF - September (QSPT) is an ETF from First Trust Portfolios (US). Over the past year QQQ returned +22.10% while QSPT returned +16.16%. Year to date, QQQ is up 17.21% versus a gain of 13.68% for QSPT.
Over three years, QQQ compounded at +25.27% per year against +17.53% for QSPT; over five years the annualized figures are +14.60% and +12.46% respectively.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 20.9% compared with 13.4% for QSPT. 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 -35.1% for QQQ and -22.6% for QSPT. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.96. 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 QSPT charges 0.90%. On a $10,000 position that is $18 vs $90 annually, a gap of $72 per year that compounds over a long holding period. On income, QQQ currently yields 0.44% against 0.00% for QSPT.
You are not choosing between two funds in isolation.
Whichever of QQQ and QSPT 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, QQQ or QSPT?
QQQ has an expense ratio of 0.18% while QSPT charges 0.90%. QQQ is the cheaper option, by $72 a year on a $10,000 investment.
Which performed better, QQQ or QSPT?
Over the past year QQQ returned +22.10% vs +16.16% for QSPT, so QQQ leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QQQ or QSPT?
QQQ has been the more volatile fund at 20.9% annualized versus 13.4% for QSPT. Worst drawdown: QQQ -35.1% vs QSPT -22.6%.
Should I hold both QQQ and QSPT?
QQQ and QSPT have a monthly-return correlation of 0.96, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
Which pays a higher dividend, QQQ or QSPT?
QQQ yields 0.44% while QSPT yields 0.00%, so QQQ currently pays the higher dividend yield.
Is QSPT better than QQQ?
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.96. Which one suits a particular account depends on what it is for. This is information, not a recommendation.