QQQ vs ROKT
Invesco QQQ Trust, Series 1 vs State Street SPDR S&P Kensho Final Frontiers ETF
Which is better, QQQ or ROKT?
Large Cap Growth against Mid Cap Blend.
QQQ has a lower expense ratio. QQQ led over the full window, ROKT over 1Y, 3Y and 5Y. ROKT is less concentrated, with 36.2% of the fund in its ten largest positions against 46.5%.
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 | ROKT |
|---|---|---|
| Expense Ratio | 0.18%Best | 0.45% |
| AUM | $486.1B | $195M |
| Dividend Yield | 0.44% | 0.28% |
| Holdings | 107 | 38 |
| YTD Return | +17.54% | +23.03%Best |
| 1Y Return | +25.59% | +54.56%Best |
| 3Y Return (annualized) | +24.63% | +37.87%Best |
| 5Y Return (annualized) | +14.18% | +22.48%Best |
| Volatility (annualized) | 20.4%Best | 24.6% |
| Max Drawdown | -35.1%Best | -43.3% |
| $10,000 over 5 years | $19,407 | $27,563Best |
| Top 10 Weight | 46.5% | 36.2%Best |
| Fund Family | Invesco (US) | State Street Investment Management |
| Category | Equity | Equity |
| Style | Large Cap Growth | Mid Cap Blend |
| Inception | Mar 10, 1999 | Oct 19, 2018 |
Volatility and max drawdown are measured over the window both funds cover: Oct 23, 2018 to Sep 4, 2026 (7.9 years).
QQQ vs ROKT 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 7.9 years both funds cover.
QQQ vs ROKT Performance
Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US) and State Street SPDR S&P Kensho Final Frontiers ETF (ROKT) is an ETF from State Street Investment Management. Over the past year QQQ returned +25.59% while ROKT returned +54.56%. Year to date, QQQ is up 17.54% versus a gain of 23.03% for ROKT.
Over three years, QQQ compounded at +24.63% per year against +37.87% for ROKT; over five years the annualized figures are +14.18% and +22.48% respectively. Across the full 8-year window we track, QQQ has the edge at +20.32% annualized vs +18.48%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
ROKT has been the more volatile fund, with annualized monthly volatility of 24.6% compared with 20.4% for QQQ. 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 -43.3% for ROKT. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.67. They move together some of the time, and apart the rest.
Fees and Cost Over Time
QQQ charges 0.18% per year while ROKT charges 0.45%. On a $10,000 position that is $18 vs $45 annually, a gap of $27 per year that compounds over a long holding period. On income, QQQ currently yields 0.44% against 0.28% for ROKT.
Holdings Overlap
1.6% of QQQ's money is in holdings ROKT also owns. 7.8% of ROKT's money is in holdings QQQ also owns.
ROKT and QQQ share little of their money.
4 positions in common, counted across the 102 positions we hold weights for in QQQ and 38 in ROKT, against full books of 107 and 38.
What only one of them owns
Our book lists 32 positions for ROKT that do not appear in our book for QQQ (87.8% of the fund), and 92 for QQQ that do not appear in ROKT (95.9%).
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.
You are not choosing between two funds in isolation.
Whichever of QQQ and ROKT 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 ROKT?
QQQ has an expense ratio of 0.18% while ROKT charges 0.45%. QQQ is the cheaper option, by $27 a year on a $10,000 investment.
Which performed better, QQQ or ROKT?
Over the past year QQQ returned +25.59% vs +54.56% for ROKT, so ROKT leads on 1-year performance. Over the longest common window we track (8 years), QQQ annualized +20.32% vs +18.48% for ROKT. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QQQ or ROKT?
ROKT has been the more volatile fund at 24.6% annualized versus 20.4% for QQQ. Worst drawdown: QQQ -35.1% vs ROKT -43.3%.
Should I hold both QQQ and ROKT?
QQQ and ROKT have a monthly-return correlation of 0.67, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between QQQ and ROKT?
7.8% of ROKT's money is in holdings QQQ also owns. 7.8% of ROKT's is in holdings QQQ also owns. They hold 4 positions in common, counted across the 102 positions we hold weights for in QQQ and 38 in ROKT.
Which pays a higher dividend, QQQ or ROKT?
QQQ yields 0.44% while ROKT yields 0.28%, so QQQ currently pays the higher dividend yield.
Is ROKT better than QQQ?
QQQ has a lower expense ratio. QQQ led over the full window, ROKT over 1Y, 3Y and 5Y. ROKT is less concentrated, with 36.2% of the fund in its ten largest positions against 46.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.