QQQ vs SBIL
Invesco QQQ Trust, Series 1 vs Simplify Government Money Market ETF
Quick Verdict
SBIL has a lower expense ratio. QQQ delivered stronger 1-year returns. QQQ offers more diversification with 103 holdings.
Side-by-Side Comparison
| Metric | QQQ | SBIL | Winner |
|---|---|---|---|
| Expense Ratio | 0.18% | 0.15% | |
| AUM | $455.8B | $5.0B | |
| Dividend Yield | 0.41% | 3.56% | |
| Holdings | 108 | 115 | |
| YTD Return | +18.31% | +2.17% | |
| 1Y Return | +25.37% | +3.80% | |
| 3Y Return (annualized) | +25.79% | - | |
| 5Y Return (annualized) | +15.20% | - | |
| Volatility (annualized) | 30.6% | 0.2% | |
| Max Drawdown | -83.0% | -0.0% | |
| Fund Family | Invesco (US) | Simplify Exchange Traded Funds | |
| Category | Equity | Money Market | |
| Inception | Mar 10, 1999 | Jul 14, 2025 |
QQQ vs SBIL Performance
Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US) and Simplify Government Money Market ETF (SBIL) is a ETF from Simplify Exchange Traded Funds. Over the past year QQQ returned +25.37% while SBIL returned +3.80%. Year to date, QQQ is up 18.31% versus a gain of 2.17% for SBIL.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% compared with 0.2% for SBIL. 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 -0.0% for SBIL. 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 -0.03. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
QQQ charges 0.18% per year while SBIL charges 0.15%. On a $10,000 position that is $18 vs $15 annually, a gap of $3 per year that compounds over a long holding period. On income, QQQ currently yields 0.41% against 3.56% for SBIL.
Holdings Overlap
QQQ and SBIL share 0 holdings out of 118 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, QQQ or SBIL?
QQQ has an expense ratio of 0.18% while SBIL charges 0.15%. SBIL is the cheaper option. On a $10,000 investment, that is $3 per year of difference.
Which performed better, QQQ or SBIL?
Over the past year QQQ returned +25.37% vs +3.80% for SBIL, so QQQ leads on 1-year performance. Over the longest common window we track (1 years), QQQ annualized +13.10% vs +3.84% for SBIL. Past performance does not guarantee future results.
Which is riskier, QQQ or SBIL?
QQQ has been the more volatile fund at 30.6% annualized versus 0.2% for SBIL. Worst drawdown: QQQ -83.0% vs SBIL -0.0%.
Should I hold both QQQ and SBIL?
QQQ and SBIL have a monthly-return correlation of -0.03, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between QQQ and SBIL?
QQQ and SBIL share 0 common holdings with a 0.0% weight overlap. Combined, they hold 118 unique securities.
Which pays a higher dividend, QQQ or SBIL?
QQQ yields 0.41% while SBIL yields 3.56%, so SBIL currently pays the higher dividend yield.
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