QQQ vs RSPA
Invesco QQQ Trust, Series 1 vs Invesco S&P 500 Equal Weight Income Advantage ETF
Which is better, QQQ or RSPA?
QQQ has been ahead.
QQQ has a lower expense ratio. QQQ led over 1Y and the full window.
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 | RSPA |
|---|---|---|
| Expense Ratio | 0.18%Best | 0.29% |
| AUM | $483.5B | $1.2B |
| Dividend Yield | 0.44% | 8.95% |
| Holdings | 107 | 525 |
| YTD Return | +15.94%Best | +10.79% |
| 1Y Return | +20.44%Best | +14.85% |
| 3Y Return (annualized) | +24.86% | - |
| 5Y Return (annualized) | +14.26% | - |
| Volatility (annualized) | 17.9% | 8.8%Best |
| Max Drawdown | -22.8% | -15.4%Best |
| $10,000 over 2.2 years | $14,984Best | $12,857 |
| Fund Family | Invesco (US) | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | Mar 10, 1999 | Jul 17, 2024 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.2 years row, are measured over the window both funds cover: Jul 17, 2024 to Sep 14, 2026 (2.2 years).
QQQ vs RSPA 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 2.2 years both funds cover.
QQQ vs RSPA Performance
Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US) and Invesco S&P 500 Equal Weight Income Advantage ETF (RSPA) is an ETF from Invesco (US). Over the past year QQQ returned +20.44% while RSPA returned +14.85%. Year to date, QQQ is up 15.94% versus a gain of 10.79% for RSPA.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 17.9% compared with 8.8% for RSPA. 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 -15.4% for RSPA. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.57. They move together some of the time, and apart the rest.
Fees and Cost Over Time
QQQ charges 0.18% per year while RSPA charges 0.29%. On a $10,000 position that is $18 vs $29 annually, a gap of $11 per year that compounds over a long holding period. On income, QQQ currently yields 0.44% against 8.95% for RSPA.
Holdings Overlap
At least 86.0% of QQQ's money is in holdings RSPA also owns.
Stated as a floor: for RSPA, our book for it covers 90.8% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
Most of QQQ is already inside RSPA. Owning both mostly buys the same companies twice.
81 positions in common, counted across the 102 positions we hold weights for in QQQ and 477 in RSPA, against full books of 107 and 525.
Top Shared Holdings
| Stock | Weight in QQQ | Weight in RSPA | Difference |
|---|---|---|---|
| NVDANvidia Corp | 8.44% | 0.15% | 8.29% |
| AAPLApple, Inc | 7.27% | 0.15% | 7.12% |
| MSFTMicrosoft Corp | 5.76% | 0.18% | 5.58% |
| AMZNAmazon.Com Inc | 4.67% | 0.15% | 4.52% |
| GOOGLAlphabet Inc,class A | 3.36% | 0.07% | 3.29% |
| AVGOBroadcom Inc | 3.16% | 0.14% | 3.02% |
| GOOGAlphabet Inc | 3.13% | 0.06% | 3.07% |
| METAMeta Platforms Inc | 2.78% | 0.14% | 2.64% |
| TSLATesla Inc | 2.56% | 0.14% | 2.42% |
| WMTWalmart, Inc. | 2.41% | 0.12% | 2.29% |
86.0% of QQQ is already inside RSPA.
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 RSPA?
QQQ has an expense ratio of 0.18% while RSPA charges 0.29%. QQQ is the cheaper option, by $11 a year on a $10,000 investment.
Which performed better, QQQ or RSPA?
Over the past year QQQ returned +20.44% vs +14.85% for RSPA, so QQQ leads on 1-year performance. Over the longest common window we track (2 years), QQQ annualized +20.18% vs +12.10% for RSPA. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QQQ or RSPA?
QQQ has been the more volatile fund at 17.9% annualized versus 8.8% for RSPA. Worst drawdown: QQQ -22.8% vs RSPA -15.4%.
Should I hold both QQQ and RSPA?
QQQ and RSPA have a monthly-return correlation of 0.57, 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 RSPA?
At least 86.0% of QQQ's money is in holdings RSPA also owns. Our book for RSPA is partial, so the real figure is this or higher. They hold 81 positions in common, counted across the 102 positions we hold weights for in QQQ and 477 in RSPA.
Which pays a higher dividend, QQQ or RSPA?
QQQ yields 0.44% while RSPA yields 8.95%, so RSPA currently pays the higher dividend yield.
Is RSPA better than QQQ?
QQQ has a lower expense ratio. QQQ led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.