QQQ vs RSPT
Invesco QQQ Trust, Series 1 vs Invesco S&P 500 Equal Weight Technology ETF
Quick Verdict
QQQ has a lower expense ratio. RSPT delivered stronger 1-year returns. QQQ offers more diversification with 108 holdings.
Side-by-Side Comparison
| Metric | QQQ | RSPT | Winner |
|---|---|---|---|
| Expense Ratio | 0.18% | 0.40% | |
| AUM | $496.3B | $6.1B | |
| Dividend Yield | 0.44% | 0.27% | |
| Holdings | 108 | 75 | |
| YTD Return | +16.64% | +40.12% | |
| 1Y Return | +27.27% | +57.51% | |
| 3Y Return (annualized) | +25.96% | +31.45% | |
| 5Y Return (annualized) | +14.54% | +16.88% | |
| Volatility (annualized) | 30.6% | 20.9% | |
| Max Drawdown | -83.0% | -59.0% | |
| Fund Family | Invesco (US) | Invesco (US) | |
| Category | Equity | Equity | |
| Inception | Mar 10, 1999 | Nov 1, 2006 |
QQQ vs RSPT Performance
Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US) and Invesco S&P 500 Equal Weight Technology ETF (RSPT) is a ETF from Invesco (US). Over the past year QQQ returned +27.27% while RSPT returned +57.51%. Year to date, QQQ is up 16.64% versus a gain of 40.12% for RSPT.
Over three years, QQQ compounded at +25.96% per year against +31.45% for RSPT; over five years the annualized figures are +14.54% and +16.88% respectively. Across the full 20-year window we track, RSPT has the edge at +14.05% annualized vs +13.03%. 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 20.9% for RSPT. 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 -59.0% for RSPT. 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 0.94. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
QQQ charges 0.18% per year while RSPT 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 0.27% for RSPT.
Holdings Overlap
QQQ and RSPT share 36 holdings out of 141 unique holdings combined, representing a 29.2% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, QQQ or RSPT?
QQQ has an expense ratio of 0.18% while RSPT 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 RSPT?
Over the past year QQQ returned +27.27% vs +57.51% for RSPT, so RSPT leads on 1-year performance. Over the longest common window we track (20 years), QQQ annualized +13.03% vs +14.05% for RSPT. Past performance does not guarantee future results.
Which is riskier, QQQ or RSPT?
QQQ has been the more volatile fund at 30.6% annualized versus 20.9% for RSPT. Worst drawdown: QQQ -83.0% vs RSPT -59.0%.
Should I hold both QQQ and RSPT?
QQQ and RSPT have a monthly-return correlation of 0.94, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.
What is the holdings overlap between QQQ and RSPT?
QQQ and RSPT share 36 common holdings with a 29.2% weight overlap. Combined, they hold 141 unique securities.
Which pays a higher dividend, QQQ or RSPT?
QQQ yields 0.44% while RSPT yields 0.27%, so QQQ currently pays the higher dividend yield.
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