QQQ vs RSPE
Invesco QQQ Trust, Series 1 vs Invesco ESG S&P 500 Equal Weight ETF
Which is better, QQQ or RSPE?
Large Cap Growth against Large Cap Value.
QQQ has a lower expense ratio. QQQ led over 3Y and the full window, RSPE over 1Y. RSPE is less concentrated, with 8.2% 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 | RSPE |
|---|---|---|
| Expense Ratio | 0.18%Best | 0.20% |
| AUM | $483.5B | $73M |
| Dividend Yield | 0.44% | 1.45% |
| Holdings | 107 | 186 |
| YTD Return | +15.94%Best | +15.56% |
| 1Y Return | +20.44% | +21.53%Best |
| 3Y Return (annualized) | +24.86%Best | +16.66% |
| 5Y Return (annualized) | +14.26% | - |
| Volatility (annualized) | 21.0% | 16.4%Best |
| Max Drawdown | -35.1% | -22.9%Best |
| $10,000 over 4.8 years | $18,302Best | $14,892 |
| Top 10 Weight | 46.5% | 8.2%Best |
| Fund Family | Invesco (US) | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Value |
| Inception | Mar 10, 1999 | Nov 17, 2021 |
Volatility and max drawdown, and the $10,000 over 4.8 years row, are measured over the window both funds cover: Nov 17, 2021 to Sep 14, 2026 (4.8 years).
QQQ vs RSPE 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 4.8 years both funds cover.
QQQ vs RSPE Performance
Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US) and Invesco ESG S&P 500 Equal Weight ETF (RSPE) is an ETF from Invesco (US). Over the past year QQQ returned +20.44% while RSPE returned +21.53%. Year to date, QQQ is up 15.94% versus a gain of 15.56% for RSPE.
Over three years, QQQ compounded at +24.86% per year against +16.66% for RSPE.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 21.0% compared with 16.4% for RSPE. 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 -22.9% for RSPE. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.74. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
QQQ charges 0.18% per year while RSPE charges 0.20%. On a $10,000 position that is $18 vs $20 annually, a gap of $2 per year that compounds over a long holding period. On income, QQQ currently yields 0.44% against 1.45% for RSPE.
Holdings Overlap
46.0% of QQQ's money is in holdings RSPE also owns. 17.6% of RSPE's money is in holdings QQQ also owns.
The two portfolios partly overlap.
33 positions in common, counted across the 102 positions we hold weights for in QQQ and 185 in RSPE, against full books of 107 and 186.
What only one of them owns
Our book lists 150 positions for RSPE that do not appear in our book for QQQ (81.4% of the fund), and 63 for QQQ that do not appear in RSPE (51.6%).
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 RSPE | Difference |
|---|---|---|---|
| NVDANvidia Corp | 8.44% | 0.57% | 7.87% |
| MSFTMicrosoft Corp | 5.76% | 0.66% | 5.10% |
| MUMicron Technology, Inc. | 4.43% | 0.55% | 3.88% |
| GOOGLAlphabet Inc,class A | 3.36% | 0.27% | 3.09% |
| GOOGAlphabet Inc | 3.13% | 0.22% | 2.91% |
| WMTWalmart, Inc. | 2.41% | 0.45% | 1.96% |
| INTCIntel Corporation | 2.23% | 0.43% | 1.80% |
| CSCOCisco Systems Inc. - Ordinary Shares | 2.10% | 0.48% | 1.62% |
| LRCXLam Research Corp 3.125 06/15/2060 | 1.69% | 0.48% | 1.21% |
| PANWPalo Alto Networks, Inc | 1.30% | 0.75% | 0.55% |
46.0% of QQQ is already inside RSPE.
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 RSPE?
QQQ has an expense ratio of 0.18% while RSPE charges 0.20%. QQQ is the cheaper option, by $2 a year on a $10,000 investment.
Which performed better, QQQ or RSPE?
Over the past year QQQ returned +20.44% vs +21.53% for RSPE, so RSPE leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QQQ or RSPE?
QQQ has been the more volatile fund at 21.0% annualized versus 16.4% for RSPE. Worst drawdown: QQQ -35.1% vs RSPE -22.9%.
Should I hold both QQQ and RSPE?
QQQ and RSPE have a monthly-return correlation of 0.74, 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 RSPE?
46.0% of QQQ's money is in holdings RSPE also owns. 17.6% of RSPE's is in holdings QQQ also owns. They hold 33 positions in common, counted across the 102 positions we hold weights for in QQQ and 185 in RSPE.
Which pays a higher dividend, QQQ or RSPE?
QQQ yields 0.44% while RSPE yields 1.45%, so RSPE currently pays the higher dividend yield.
Is RSPE better than QQQ?
QQQ has a lower expense ratio. QQQ led over 3Y and the full window, RSPE over 1Y. RSPE is less concentrated, with 8.2% 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.