QQQ vs RSPC
Invesco QQQ Trust, Series 1 vs Invesco S&P 500 Equal Weight Communication Services ETF
Quick Verdict
QQQ has a lower expense ratio. QQQ delivered stronger 1-year returns. QQQ offers more diversification with 108 holdings.
Side-by-Side Comparison
| Metric | QQQ | RSPC | Winner |
|---|---|---|---|
| Expense Ratio | 0.18% | 0.40% | |
| AUM | $496.3B | $59M | |
| Dividend Yield | 0.44% | 1.83% | |
| Holdings | 108 | 27 | |
| YTD Return | +16.64% | -5.60% | |
| 1Y Return | +27.27% | -2.30% | |
| 3Y Return (annualized) | +25.96% | +11.96% | |
| 5Y Return (annualized) | +14.54% | +0.45% | |
| Volatility (annualized) | 30.6% | 20.0% | |
| Max Drawdown | -83.0% | -38.0% | |
| Fund Family | Invesco (US) | Invesco (US) | |
| Category | Equity | Equity | |
| Inception | Mar 10, 1999 | Nov 7, 2018 |
QQQ vs RSPC Performance
Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US) and Invesco S&P 500 Equal Weight Communication Services ETF (RSPC) is a ETF from Invesco (US). Over the past year QQQ returned +27.27% while RSPC returned -2.30%. Year to date, QQQ is up 16.64% versus a loss of 5.60% for RSPC.
Over three years, QQQ compounded at +25.96% per year against +11.96% for RSPC; over five years the annualized figures are +14.54% and +0.45% respectively. Across the full 8-year window we track, QQQ has the edge at +13.03% annualized vs +5.99%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% compared with 20.0% for RSPC. 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 -38.0% for RSPC. 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 0.71. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
QQQ charges 0.18% per year while RSPC charges 0.40%. On a $10,000 position that is $18 vs $40 annually, a gap of $22 per year that compounds over a long holding period. On income, QQQ currently yields 0.44% against 1.83% for RSPC.
Holdings Overlap
QQQ and RSPC share 8 holdings out of 119 unique holdings combined, representing a 10.4% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, QQQ or RSPC?
QQQ has an expense ratio of 0.18% while RSPC charges 0.40%. QQQ is the cheaper option. On a $10,000 investment, that is $22 per year of difference.
Which performed better, QQQ or RSPC?
Over the past year QQQ returned +27.27% vs -2.30% for RSPC, so QQQ leads on 1-year performance. Over the longest common window we track (8 years), QQQ annualized +13.03% vs +5.99% for RSPC. Past performance does not guarantee future results.
Which is riskier, QQQ or RSPC?
QQQ has been the more volatile fund at 30.6% annualized versus 20.0% for RSPC. Worst drawdown: QQQ -83.0% vs RSPC -38.0%.
Should I hold both QQQ and RSPC?
QQQ and RSPC have a monthly-return correlation of 0.71, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between QQQ and RSPC?
QQQ and RSPC share 8 common holdings with a 10.4% weight overlap. Combined, they hold 119 unique securities.
Which pays a higher dividend, QQQ or RSPC?
QQQ yields 0.44% while RSPC yields 1.83%, so RSPC currently pays the higher dividend yield.
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