QQQ vs SCLZ
Invesco QQQ Trust, Series 1 vs Swan Enhanced Dividend Income ETF
Which is better, QQQ or SCLZ?
Large Cap Growth against Large Cap Blend.
QQQ has a lower expense ratio. QQQ led over 1Y and the full window. SCLZ is less concentrated, with 41.1% 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 | SCLZ |
|---|---|---|
| Expense Ratio | 0.18%Best | 0.79% |
| AUM | $483.5B | $20M |
| Dividend Yield | 0.44% | 8.11% |
| Holdings | 107 | 117 |
| YTD Return | +21.71%Best | +4.56% |
| 1Y Return | +25.89%Best | +7.17% |
| 3Y Return (annualized) | +28.80% | - |
| 5Y Return (annualized) | +15.67% | - |
| Volatility (annualized) | 17.4% | 7.7%Best |
| Max Drawdown | -22.8% | -12.6%Best |
| $10,000 over 2.6 years | $17,330Best | $12,491 |
| Top 10 Weight | 46.5% | 41.1%Best |
| Fund Family | Invesco (US) | Swan Capital Management |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Blend |
| Inception | Mar 10, 1999 | Feb 26, 2024 |
Volatility and max drawdown, and the $10,000 over 2.6 years row, are measured over the window both funds cover: Feb 27, 2024 to Sep 25, 2026 (2.6 years).
QQQ vs SCLZ 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 2.6 years both funds cover.
QQQ vs SCLZ Performance
Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US) and Swan Enhanced Dividend Income ETF (SCLZ) is an ETF from Swan Capital Management. Over the past year QQQ returned +25.89% while SCLZ returned +7.17%. Year to date, QQQ is up 21.71% versus a gain of 4.56% for SCLZ.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 17.4% compared with 7.7% for SCLZ. 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 -22.8% for QQQ and -12.6% for SCLZ. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.80. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
QQQ charges 0.18% per year while SCLZ charges 0.79%. On a $10,000 position that is $18 vs $79 annually, a gap of $61 per year that compounds over a long holding period. On income, QQQ currently yields 0.44% against 8.11% for SCLZ.
Holdings Overlap
68.7% of QQQ's money is in holdings SCLZ also owns. 57.4% of SCLZ's money is in holdings QQQ also owns.
The two portfolios partly overlap.
27 positions in common, counted across the 102 positions we hold weights for in QQQ and 71 in SCLZ, against full books of 107 and 117.
What only one of them owns
Our book lists 43 positions for SCLZ that do not appear in our book for QQQ (44.1% of the fund), and 69 for QQQ that do not appear in SCLZ (28.9%).
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 SCLZ | Difference |
|---|---|---|---|
| NVDANvidia Corp | 8.44% | 6.34% | 2.10% |
| AAPLApple, Inc | 7.27% | 5.76% | 1.51% |
| MSFTMicrosoft Corp | 5.76% | 6.41% | 0.65% |
| AMZNAmazon.Com Inc | 4.67% | 3.69% | 0.98% |
| MUMicron Technology, Inc. | 4.43% | 2.90% | 1.53% |
| AVGOBroadcom Inc | 3.16% | 3.26% | 0.10% |
| AMDAdvanced Micro Devices Inc | 3.45% | 2.94% | 0.51% |
| METAMeta Platforms Inc | 2.78% | 3.43% | 0.65% |
| TSLATesla Inc | 2.56% | 2.65% | 0.09% |
| GOOGLAlphabet Inc,class A | 3.36% | 1.75% | 1.61% |
68.7% of QQQ is already inside SCLZ.
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 SCLZ?
QQQ has an expense ratio of 0.18% while SCLZ charges 0.79%. QQQ is the cheaper option, by $61 a year on a $10,000 investment.
Which performed better, QQQ or SCLZ?
Over the past year QQQ returned +25.89% vs +7.17% for SCLZ, so QQQ leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QQQ or SCLZ?
QQQ has been the more volatile fund at 17.4% annualized versus 7.7% for SCLZ. Worst drawdown: QQQ -22.8% vs SCLZ -12.6%.
Should I hold both QQQ and SCLZ?
QQQ and SCLZ have a monthly-return correlation of 0.80, 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 SCLZ?
68.7% of QQQ's money is in holdings SCLZ also owns. 57.4% of SCLZ's is in holdings QQQ also owns. They hold 27 positions in common, counted across the 102 positions we hold weights for in QQQ and 71 in SCLZ.
Which pays a higher dividend, QQQ or SCLZ?
QQQ yields 0.44% while SCLZ yields 8.11%, so SCLZ currently pays the higher dividend yield.
Is SCLZ better than QQQ?
QQQ has a lower expense ratio. QQQ led over 1Y and the full window. SCLZ is less concentrated, with 41.1% 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.