QQQ vs RND
Invesco QQQ Trust, Series 1 vs First Trust Bloomberg R&D Leaders ETF
Which is better, QQQ or RND?
Large Cap Growth against Large Cap Blend.
QQQ has a lower expense ratio. QQQ led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.93. QQQ is less concentrated, with 47.2% of the fund in its ten largest positions against 62.9%.
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 | RND |
|---|---|---|
| Expense Ratio | 0.18%Best | 0.60% |
| AUM | $498.6B | $10M |
| Dividend Yield | 0.42% | 0.00% |
| Holdings | 321 | 100 |
| YTD Return | +24.32%Best | +13.23% |
| 1Y Return | +25.59%Best | +14.38% |
| 3Y Return (annualized) | +28.30% | - |
| 5Y Return (annualized) | +16.83% | - |
| Volatility (annualized) | 17.3% | 15.6%Best |
| Max Drawdown | -22.8%Best | -23.5% |
| $10,000 over 2.4 years | $18,118Best | $17,404 |
| Top 10 Weight | 47.2%Best | 62.9% |
| Fund Family | Invesco (US) | First Trust Portfolios (US) |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Blend |
| Inception | Mar 10, 1999 | Apr 30, 2024 |
Volatility and max drawdown, and the $10,000 over 2.4 years row, are measured over the window both funds cover: May 1, 2024 to Oct 6, 2026 (2.4 years).
QQQ vs RND 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 2.4 years both funds cover.
QQQ vs RND Performance
Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US) and First Trust Bloomberg R&D Leaders ETF (RND) is an ETF from First Trust Portfolios (US). Over the past year QQQ returned +25.59% while RND returned +14.38%. Year to date, QQQ is up 24.32% versus a gain of 13.23% for RND.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 17.3% compared with 15.6% for RND. 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 -22.8% for QQQ and -23.5% for RND. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.93. 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 RND 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 0.42% against 0.00% for RND.
Holdings Overlap
59.5% of QQQ's money is in holdings RND also owns. 74.8% of RND's money is in holdings QQQ also owns.
Most of RND is already inside QQQ. Owning both mostly buys the same companies twice.
29 positions in common, counted across the 102 positions we hold weights for in QQQ and 49 in RND, against full books of 321 and 100.
What only one of them owns
Our book lists 19 positions for RND that do not appear in our book for QQQ (22.8% of the fund), and 67 for QQQ that do not appear in RND (38.2%).
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 QQQ | Weight in RND | Difference |
|---|---|---|---|
| NVDANvidia Corp | 8.45% | 8.62% | 0.17% |
| AAPLApple, Inc | 7.80% | 8.91% | 1.11% |
| MSFTMicrosoft Corp | 5.88% | 10.42% | 4.54% |
| AMZNAmazon.Com Inc | 4.41% | 8.34% | 3.93% |
| GOOGLAlphabet Inc,class A | 3.15% | 7.35% | 4.20% |
| METAMeta Platforms Inc | 3.07% | 4.52% | 1.45% |
| AMDAdvanced Micro Devices Inc | 3.71% | 3.42% | 0.29% |
| AVGOBroadcom Inc | 2.74% | 3.78% | 1.04% |
| TSLATesla Inc | 2.92% | 3.41% | 0.49% |
| AMGNAmgen Inc. | 0.90% | 3.70% | 2.80% |
74.8% of RND is already inside QQQ.
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, QQQ or RND?
QQQ has an expense ratio of 0.18% while RND charges 0.60%. QQQ is the cheaper option, by $42 a year on a $10,000 investment.
Which performed better, QQQ or RND?
Over the past year QQQ returned +25.59% vs +14.38% for RND, so QQQ leads on 1-year performance. Over the longest common window we track (2 years), QQQ annualized +28.10% vs +25.97% for RND. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QQQ or RND?
QQQ has been the more volatile fund at 17.3% annualized versus 15.6% for RND. Worst drawdown: QQQ -22.8% vs RND -23.5%.
Should I hold both QQQ and RND?
QQQ and RND have a monthly-return correlation of 0.93, 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.
What is the holdings overlap between QQQ and RND?
74.8% of RND's money is in holdings QQQ also owns. 74.8% of RND's is in holdings QQQ also owns. They hold 29 positions in common, counted across the 102 positions we hold weights for in QQQ and 49 in RND.
Which pays a higher dividend, QQQ or RND?
QQQ yields 0.42% while RND yields 0.00%, so QQQ currently pays the higher dividend yield.
Is RND better than QQQ?
QQQ has a lower expense ratio. QQQ led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.93. QQQ is less concentrated, with 47.2% of the fund in its ten largest positions against 62.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.