QQQ vs RFIX

Quick Verdict

QQQ has a lower expense ratio. QQQ delivered stronger 1-year returns. QQQ offers more diversification with 103 holdings.

Lower Fees: QQQHigher Returns: QQQMore Diversified: QQQ

Side-by-Side Comparison

MetricQQQRFIXWinner
Expense Ratio0.18%0.50%
AUM$455.8B$47M
Dividend Yield0.41%4.31%
Holdings10812
YTD Return+18.31%+0.06%
1Y Return+25.37%-13.04%
3Y Return (annualized)+25.79%-
5Y Return (annualized)+15.20%-
Volatility (annualized)30.6%20.9%
Max Drawdown-83.0%-38.8%
Fund FamilyInvesco (US)Simplify Exchange Traded Funds
CategoryEquityAlternative
InceptionMar 10, 1999Dec 9, 2024

QQQ vs RFIX Performance

Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US) and Simplify Bond Bull ETF (RFIX) is a ETF from Simplify Exchange Traded Funds. Over the past year QQQ returned +25.37% while RFIX returned -13.04%. Year to date, QQQ is up 18.31% versus a gain of 0.06% for RFIX.

Risk: Volatility and Drawdowns

QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% compared with 20.9% for RFIX. 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 -38.8% for RFIX. 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 -0.11. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

QQQ charges 0.18% per year while RFIX charges 0.50%. On a $10,000 position that is $18 vs $50 annually, a gap of $32 per year that compounds over a long holding period. On income, QQQ currently yields 0.41% against 4.31% for RFIX.

Frequently Asked Questions

Which is cheaper, QQQ or RFIX?

QQQ has an expense ratio of 0.18% while RFIX charges 0.50%. QQQ is the cheaper option. On a $10,000 investment, that is $32 per year of difference.

Which performed better, QQQ or RFIX?

Over the past year QQQ returned +25.37% vs -13.04% for RFIX, so QQQ leads on 1-year performance. Over the longest common window we track (2 years), QQQ annualized +13.10% vs -23.44% for RFIX. Past performance does not guarantee future results.

Which is riskier, QQQ or RFIX?

QQQ has been the more volatile fund at 30.6% annualized versus 20.9% for RFIX. Worst drawdown: QQQ -83.0% vs RFIX -38.8%.

Should I hold both QQQ and RFIX?

QQQ and RFIX have a monthly-return correlation of -0.11, so combining them can provide real diversification depending on your allocation goals.

Which pays a higher dividend, QQQ or RFIX?

QQQ yields 0.41% while RFIX yields 4.31%, so RFIX currently pays the higher dividend yield.

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