QQQ vs SEIM
Invesco QQQ Trust, Series 1 vs SEI QiM US Large Cap Momentum Active ETF
Which is better, QQQ or SEIM?
Large Cap Growth against Large Cap Value.
SEIM has a lower expense ratio. QQQ led over 1Y and the full window, SEIM over 3Y. SEIM is less concentrated, with 35.1% 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 | SEIM |
|---|---|---|
| Expense Ratio | 0.18% | 0.15%Best |
| AUM | $483.5B | $1.5B |
| Dividend Yield | 0.44% | 0.42% |
| Holdings | 107 | 75 |
| YTD Return | +15.21%Best | +13.11% |
| 1Y Return | +19.78%Best | +18.95% |
| 3Y Return (annualized) | +24.58% | +27.54%Best |
| 5Y Return (annualized) | +13.93% | - |
| Volatility (annualized) | 20.1% | 18.0%Best |
| Max Drawdown | -22.8% | -22.2%Best |
| $10,000 over 4.3 years | $24,689Best | $21,559 |
| Top 10 Weight | 46.5% | 35.1%Best |
| Fund Family | Invesco (US) | SEI EXCHANGE TRADED FUNDS |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Value |
| Inception | Mar 10, 1999 | May 18, 2022 |
Volatility and max drawdown, and the $10,000 over 4.3 years row, are measured over the window both funds cover: May 18, 2022 to Sep 16, 2026 (4.3 years).
QQQ vs SEIM 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 4.3 years both funds cover.
QQQ vs SEIM Performance
Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US) and SEI QiM US Large Cap Momentum Active ETF (SEIM) is an ETF from SEI EXCHANGE TRADED FUNDS. Over the past year QQQ returned +19.78% while SEIM returned +18.95%. Year to date, QQQ is up 15.21% versus a gain of 13.11% for SEIM.
Over three years, QQQ compounded at +24.58% per year against +27.54% for SEIM. Across the full 4-year window we track, QQQ has the edge at +23.39% annualized vs +19.56%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 20.1% compared with 18.0% for SEIM. 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 -22.2% for SEIM. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.86. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
QQQ charges 0.18% per year while SEIM 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 0.44% against 0.42% for SEIM.
Holdings Overlap
53.1% of QQQ's money is in holdings SEIM also owns. 40.3% of SEIM's money is in holdings QQQ also owns.
The two portfolios partly overlap.
24 positions in common, counted across the 102 positions we hold weights for in QQQ and 76 in SEIM, against full books of 107 and 75.
What only one of them owns
Our book lists 49 positions for SEIM that do not appear in our book for QQQ (56.9% of the fund), and 72 for QQQ that do not appear in SEIM (44.4%).
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 SEIM | Difference |
|---|---|---|---|
| NVDANvidia Corp | 8.44% | 6.27% | 2.17% |
| AAPLApple, Inc | 7.27% | 3.32% | 3.95% |
| GOOGLAlphabet Inc,class A | 3.36% | 5.95% | 2.59% |
| MSFTMicrosoft Corp | 5.76% | 2.85% | 2.91% |
| MUMicron Technology, Inc. | 4.43% | 2.58% | 1.85% |
| AMZNAmazon.Com Inc | 4.67% | 1.20% | 3.47% |
| LRCXLrcx Uw Equity | 1.69% | 2.81% | 1.12% |
| AMATApplied Materials, Inc. | 1.86% | 2.23% | 0.37% |
| CSCOCisco Systems Inc. - Ordinary Shares | 2.10% | 1.78% | 0.32% |
| AVGOBroadcom Inc | 3.16% | 0.12% | 3.04% |
53.1% of QQQ is already inside SEIM.
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 SEIM?
QQQ has an expense ratio of 0.18% while SEIM charges 0.15%. SEIM is the cheaper option, by $3 a year on a $10,000 investment.
Which performed better, QQQ or SEIM?
Over the past year QQQ returned +19.78% vs +18.95% for SEIM, so QQQ leads on 1-year performance. Over the longest common window we track (4 years), QQQ annualized +23.39% vs +19.56% for SEIM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QQQ or SEIM?
QQQ has been the more volatile fund at 20.1% annualized versus 18.0% for SEIM. Worst drawdown: QQQ -22.8% vs SEIM -22.2%.
Should I hold both QQQ and SEIM?
QQQ and SEIM have a monthly-return correlation of 0.86, 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 SEIM?
53.1% of QQQ's money is in holdings SEIM also owns. 40.3% of SEIM's is in holdings QQQ also owns. They hold 24 positions in common, counted across the 102 positions we hold weights for in QQQ and 76 in SEIM.
Which pays a higher dividend, QQQ or SEIM?
QQQ yields 0.44% while SEIM yields 0.42%, so QQQ currently pays the higher dividend yield.
Is SEIM better than QQQ?
SEIM has a lower expense ratio. QQQ led over 1Y and the full window, SEIM over 3Y. SEIM is less concentrated, with 35.1% 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.