QQQ vs SEIM
Invesco QQQ Trust, Series 1 vs SEI QiM US Large Cap Momentum Active ETF
Quick Verdict
SEIM has a lower expense ratio. SEIM delivered stronger 1-year returns. QQQ offers more diversification with 108 holdings.
Side-by-Side Comparison
| Metric | QQQ | SEIM | Winner |
|---|---|---|---|
| Expense Ratio | 0.18% | 0.15% | |
| AUM | $455.8B | $1.4B | |
| Dividend Yield | 0.41% | 0.40% | |
| Holdings | 108 | 69 | |
| YTD Return | +19.68% | +19.61% | |
| 1Y Return | +26.75% | +27.76% | |
| 3Y Return (annualized) | +26.25% | +29.07% | |
| 5Y Return (annualized) | +15.39% | - | |
| Volatility (annualized) | 30.6% | 18.2% | |
| Max Drawdown | -83.0% | -22.2% | |
| Fund Family | Invesco (US) | SEI EXCHANGE TRADED FUNDS | |
| Category | Equity | Equity | |
| Inception | Mar 10, 1999 | May 18, 2022 |
QQQ vs SEIM Performance
Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US) and SEI QiM US Large Cap Momentum Active ETF (SEIM) is a ETF from SEI EXCHANGE TRADED FUNDS. Over the past year QQQ returned +26.75% while SEIM returned +27.76%. Year to date, QQQ is up 19.68% versus a gain of 19.61% for SEIM.
Over three years, QQQ compounded at +26.25% per year against +29.07% for SEIM. Across the full 4-year window we track, SEIM has the edge at +21.62% annualized vs +13.15%. 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 18.2% 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 -83.0% for QQQ and -22.2% for SEIM. 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 0.86. 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 0.41% against 0.40% for SEIM.
Holdings Overlap
QQQ and SEIM share 25 holdings out of 152 unique holdings combined, representing a 31.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
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. On a $10,000 investment, that is $3 per year of difference.
Which performed better, QQQ or SEIM?
Over the past year QQQ returned +26.75% vs +27.76% for SEIM, so SEIM leads on 1-year performance. Over the longest common window we track (4 years), QQQ annualized +13.15% vs +21.62% for SEIM. Past performance does not guarantee future results.
Which is riskier, QQQ or SEIM?
QQQ has been the more volatile fund at 30.6% annualized versus 18.2% for SEIM. Worst drawdown: QQQ -83.0% vs SEIM -22.2%.
Should I hold both QQQ and SEIM?
QQQ and SEIM have a monthly-return correlation of 0.86, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between QQQ and SEIM?
QQQ and SEIM share 25 common holdings with a 31.0% weight overlap. Combined, they hold 152 unique securities.
Which pays a higher dividend, QQQ or SEIM?
QQQ yields 0.41% while SEIM yields 0.40%, so QQQ currently pays the higher dividend yield.
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