QQQ vs SEEM
Invesco QQQ Trust, Series 1 vs SEI Select Emerging Markets Equity ETF
Quick Verdict
QQQ has a lower expense ratio. SEEM delivered stronger 1-year returns. SEEM offers more diversification with 234 holdings.
Side-by-Side Comparison
| Metric | QQQ | SEEM | Winner |
|---|---|---|---|
| Expense Ratio | 0.18% | 0.60% | |
| AUM | $455.8B | $604M | |
| Dividend Yield | 0.41% | 2.52% | |
| Holdings | 108 | 249 | |
| YTD Return | +19.68% | +23.41% | |
| 1Y Return | +26.75% | +39.74% | |
| 3Y Return (annualized) | +26.25% | - | |
| 5Y Return (annualized) | +15.39% | - | |
| Volatility (annualized) | 30.6% | 17.1% | |
| Max Drawdown | -83.0% | -14.0% | |
| Fund Family | Invesco (US) | SEI EXCHANGE TRADED FUNDS | |
| Category | Equity | Equity | |
| Inception | Mar 10, 1999 | Oct 10, 2024 |
QQQ vs SEEM Performance
Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US) and SEI Select Emerging Markets Equity ETF (SEEM) is a ETF from SEI EXCHANGE TRADED FUNDS. Over the past year QQQ returned +26.75% while SEEM returned +39.74%. Year to date, QQQ is up 19.68% versus a gain of 23.41% for SEEM.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% compared with 17.1% for SEEM. 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 -14.0% for SEEM. 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 0.65. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
QQQ charges 0.18% per year while SEEM charges 0.60%. On a $10,000 position that is $18 vs $60 annually, a gap of $42 per year that compounds over a long holding period. On income, QQQ currently yields 0.41% against 2.52% for SEEM.
Holdings Overlap
QQQ and SEEM share 1 holdings out of 336 unique holdings combined, representing a 0.3% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in QQQ | Weight in SEEM | Difference |
|---|---|---|---|
| PDD | 0.25% | 0.52% | 0.27% |
Frequently Asked Questions
Which is cheaper, QQQ or SEEM?
QQQ has an expense ratio of 0.18% while SEEM charges 0.60%. QQQ is the cheaper option. On a $10,000 investment, that is $42 per year of difference.
Which performed better, QQQ or SEEM?
Over the past year QQQ returned +26.75% vs +39.74% for SEEM, so SEEM leads on 1-year performance. Over the longest common window we track (2 years), QQQ annualized +13.15% vs +31.72% for SEEM. Past performance does not guarantee future results.
Which is riskier, QQQ or SEEM?
QQQ has been the more volatile fund at 30.6% annualized versus 17.1% for SEEM. Worst drawdown: QQQ -83.0% vs SEEM -14.0%.
Should I hold both QQQ and SEEM?
QQQ and SEEM have a monthly-return correlation of 0.65, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between QQQ and SEEM?
QQQ and SEEM share 1 common holdings with a 0.3% weight overlap. Combined, they hold 336 unique securities.
Which pays a higher dividend, QQQ or SEEM?
QQQ yields 0.41% while SEEM yields 2.52%, so SEEM currently pays the higher dividend yield.
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