QQQ vs RSPN
Invesco QQQ Trust, Series 1 vs Invesco S&P 500 Equal Weight Industrials ETF
Which is better, QQQ or RSPN?
Large Cap Growth against Large Cap Blend.
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window. RSPN is less concentrated, with 14.1% 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 | RSPN |
|---|---|---|
| Expense Ratio | 0.18%Best | 0.40% |
| AUM | $483.5B | $1.0B |
| Dividend Yield | 0.44% | 0.85% |
| Holdings | 107 | 83 |
| YTD Return | +16.87%Best | +4.87% |
| 1Y Return | +22.98%Best | +6.91% |
| 3Y Return (annualized) | +24.98%Best | +15.67% |
| 5Y Return (annualized) | +14.39%Best | +10.58% |
| Volatility (annualized) | 18.7%Best | 19.4% |
| Max Drawdown | -53.5%Best | -61.6% |
| $10,000 over 5 years | $19,586Best | $16,534 |
| Top 10 Weight | 46.5% | 14.1%Best |
| Fund Family | Invesco (US) | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Blend |
| Inception | Mar 10, 1999 | Nov 1, 2006 |
Volatility and max drawdown are measured over the window both funds cover: Nov 7, 2006 to Sep 11, 2026 (19.8 years).
QQQ vs RSPN 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 19.8 years both funds cover.
QQQ vs RSPN Performance
Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US) and Invesco S&P 500 Equal Weight Industrials ETF (RSPN) is an ETF from Invesco (US). Over the past year QQQ returned +22.98% while RSPN returned +6.91%. Year to date, QQQ is up 16.87% versus a gain of 4.87% for RSPN.
Over three years, QQQ compounded at +24.98% per year against +15.67% for RSPN; over five years the annualized figures are +14.39% and +10.58% respectively. Across the full 20-year window we track, QQQ has the edge at +15.43% annualized vs +9.73%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
RSPN has been the more volatile fund, with annualized monthly volatility of 19.4% compared with 18.7% 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 -53.5% for QQQ and -61.6% for RSPN. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.78. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
QQQ charges 0.18% per year while RSPN 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 0.85% for RSPN.
Holdings Overlap
3.2% of QQQ's money is in holdings RSPN also owns. 13.9% of RSPN's money is in holdings QQQ also owns.
RSPN and QQQ share little of their money.
11 positions in common, counted across the 102 positions we hold weights for in QQQ and 83 in RSPN, against full books of 107 and 83.
What only one of them owns
Our book lists 71 positions for RSPN that do not appear in our book for QQQ (84.7% of the fund), and 84 for QQQ that do not appear in RSPN (93.9%).
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.
Top Shared Holdings
| Stock | Weight in QQQ | Weight in RSPN | Difference |
|---|---|---|---|
| ADPAutomatic Data Processing, Inc. | 0.47% | 1.32% | 0.85% |
| AXONAxon Enterprise Inc | 0.22% | 1.53% | 1.31% |
| HONHoneywell International Inc | 0.35% | 1.34% | 0.99% |
| CSXCsx Corp. | 0.42% | 1.24% | 0.82% |
| PCARPaccar Inc. | 0.31% | 1.34% | 1.03% |
| CTASCintas Corp. | 0.35% | 1.27% | 0.92% |
| PAYXPaychex, Inc. | 0.19% | 1.33% | 1.14% |
| FASTFastenal Co. | 0.25% | 1.22% | 0.97% |
| HONAHoneywell Aerospace Inc | 0.28% | 1.16% | 0.88% |
| ODFLOld Dominion Freight Line Inc | 0.20% | 1.05% | 0.85% |
You are not choosing between two funds in isolation.
Whichever of QQQ and RSPN 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 RSPN?
QQQ has an expense ratio of 0.18% while RSPN charges 0.40%. QQQ is the cheaper option, by $22 a year on a $10,000 investment.
Which performed better, QQQ or RSPN?
Over the past year QQQ returned +22.98% vs +6.91% for RSPN, so QQQ leads on 1-year performance. Over the longest common window we track (20 years), QQQ annualized +15.43% vs +9.73% for RSPN. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QQQ or RSPN?
RSPN has been the more volatile fund at 19.4% annualized versus 18.7% for QQQ. Worst drawdown: QQQ -53.5% vs RSPN -61.6%.
Should I hold both QQQ and RSPN?
QQQ and RSPN have a monthly-return correlation of 0.78, 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 RSPN?
13.9% of RSPN's money is in holdings QQQ also owns. 13.9% of RSPN's is in holdings QQQ also owns. They hold 11 positions in common, counted across the 102 positions we hold weights for in QQQ and 83 in RSPN.
Which pays a higher dividend, QQQ or RSPN?
QQQ yields 0.44% while RSPN yields 0.85%, so RSPN currently pays the higher dividend yield.
Is RSPN better than QQQ?
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window. RSPN is less concentrated, with 14.1% 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.