QQQ vs RSPH
Invesco QQQ Trust, Series 1 vs Invesco S&P 500 Equal Weight Health Care ETF
Quick Verdict
QQQ has a lower expense ratio. QQQ delivered stronger 1-year returns. QQQ offers more diversification with 103 holdings.
Side-by-Side Comparison
| Metric | QQQ | RSPH | Winner |
|---|---|---|---|
| Expense Ratio | 0.18% | 0.40% | |
| AUM | $455.8B | $752M | |
| Dividend Yield | 0.41% | 0.70% | |
| Holdings | 108 | 63 | |
| YTD Return | +19.68% | +13.18% | |
| 1Y Return | +26.75% | +25.09% | |
| 3Y Return (annualized) | +26.25% | +7.43% | |
| 5Y Return (annualized) | +15.39% | +3.86% | |
| Volatility (annualized) | 30.6% | 15.7% | |
| Max Drawdown | -83.0% | -41.1% | |
| Fund Family | Invesco (US) | Invesco (US) | |
| Category | Equity | Equity | |
| Inception | Mar 10, 1999 | Nov 1, 2006 |
QQQ vs RSPH Performance
Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US) and Invesco S&P 500 Equal Weight Health Care ETF (RSPH) is a ETF from Invesco (US). Over the past year QQQ returned +26.75% while RSPH returned +25.09%. Year to date, QQQ is up 19.68% versus a gain of 13.18% for RSPH.
Over three years, QQQ compounded at +26.25% per year against +7.43% for RSPH; over five years the annualized figures are +15.39% and +3.86% respectively. Across the full 20-year window we track, QQQ has the edge at +13.15% annualized vs +10.66%. 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 15.7% for RSPH. 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 -41.1% for RSPH. 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 0.70. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
QQQ charges 0.18% per year while RSPH 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 0.41% against 0.70% for RSPH.
Holdings Overlap
QQQ and RSPH share 8 holdings out of 156 unique holdings combined, representing a 3.5% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, QQQ or RSPH?
QQQ has an expense ratio of 0.18% while RSPH 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 RSPH?
Over the past year QQQ returned +26.75% vs +25.09% for RSPH, so QQQ leads on 1-year performance. Over the longest common window we track (20 years), QQQ annualized +13.15% vs +10.66% for RSPH. Past performance does not guarantee future results.
Which is riskier, QQQ or RSPH?
QQQ has been the more volatile fund at 30.6% annualized versus 15.7% for RSPH. Worst drawdown: QQQ -83.0% vs RSPH -41.1%.
Should I hold both QQQ and RSPH?
QQQ and RSPH have a monthly-return correlation of 0.70, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between QQQ and RSPH?
QQQ and RSPH share 8 common holdings with a 3.5% weight overlap. Combined, they hold 156 unique securities.
Which pays a higher dividend, QQQ or RSPH?
QQQ yields 0.41% while RSPH yields 0.70%, so RSPH currently pays the higher dividend yield.
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