QQQ vs SEIQ
Invesco QQQ Trust, Series 1 vs SEI QiM US Large Cap Quality Active ETF
Which is better, QQQ or SEIQ?
Large Cap Growth against Large Cap Blend.
SEIQ has a lower expense ratio. QQQ led over 3Y and the full window, SEIQ over 1Y. SEIQ is less concentrated, with 43.3% of the fund in its ten largest positions against 46.9%.
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 | SEIQ |
|---|---|---|
| Expense Ratio | 0.18% | 0.15%Best |
| AUM | $437.3B | $778M |
| Dividend Yield | 0.43% | 0.72% |
| Holdings | 208 | 128 |
| YTD Return | +12.98%Best | +11.31% |
| 1Y Return | +11.59% | +12.27%Best |
| 3Y Return (annualized) | +23.05%Best | +15.33% |
| 5Y Return (annualized) | +12.74% | - |
| Volatility (annualized) | 20.1% | 13.1%Best |
| Max Drawdown | -22.8% | -14.9%Best |
| $10,000 over 4.5 years | $24,442Best | $17,998 |
| Top 10 Weight | 46.9% | 43.3%Best |
| Fund Family | Invesco (US) | SEI EXCHANGE TRADED FUNDS |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Blend |
| Inception | Mar 10, 1999 | May 18, 2022 |
Volatility and max drawdown, and the $10,000 over 4.5 years row, are measured over the window both funds cover: May 18, 2022 to Nov 11, 2026 (4.5 years).
QQQ vs SEIQ 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 4.5 years both funds cover.
QQQ vs SEIQ Performance
Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US) and SEI QiM US Large Cap Quality Active ETF (SEIQ) is an ETF from SEI EXCHANGE TRADED FUNDS. Over the past year QQQ returned +11.59% while SEIQ returned +12.27%. Year to date, QQQ is up 12.98% versus a gain of 11.31% for SEIQ.
Over three years, QQQ compounded at +23.05% per year against +15.33% for SEIQ.
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 13.1% for SEIQ. 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 -14.9% for SEIQ. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.76. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
QQQ charges 0.18% per year while SEIQ 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 0.43% against 0.72% for SEIQ.
Holdings Overlap
43.8% of QQQ's money is in holdings SEIQ also owns. 44.7% of SEIQ's money is in holdings QQQ also owns.
The two portfolios partly overlap.
23 positions in common, counted across the 101 positions we hold weights for in QQQ and 63 in SEIQ, against full books of 208 and 128.
What only one of them owns
Our book lists 39 positions for SEIQ that do not appear in our book for QQQ (55.0% of the fund), and 71 for QQQ that do not appear in SEIQ (53.4%).
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 SEIQ | Difference |
|---|---|---|---|
| AAPLApple Inc | 7.68% | 7.91% | 0.23% |
| NVDANvidia Corp | 8.05% | 7.08% | 0.97% |
| MSFTMicrosoft Corp | 6.16% | 7.79% | 1.63% |
| GOOGAlphabet Inc. C | 2.93% | 2.60% | 0.33% |
| CSCOCisco Systems Inc. - Ordinary Shares | 1.84% | 3.25% | 1.41% |
| AMZNAmazon.Com Inc | 4.23% | 0.57% | 3.66% |
| METAMeta Platforms Inc | 3.37% | 0.77% | 2.60% |
| AVGOBroadcom Inc | 2.52% | 0.30% | 2.22% |
| ADBEAdobe Systems | 0.42% | 2.19% | 1.77% |
| BKNGBooking Holdings, Inc. | 0.53% | 2.03% | 1.50% |
44.7% of SEIQ is already inside QQQ.
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 SEIQ?
QQQ has an expense ratio of 0.18% while SEIQ charges 0.15%. SEIQ is the cheaper option, by $3 a year on a $10,000 investment.
Which performed better, QQQ or SEIQ?
Over the past year QQQ returned +11.59% vs +12.27% for SEIQ, so SEIQ leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QQQ or SEIQ?
QQQ has been the more volatile fund at 20.1% annualized versus 13.1% for SEIQ. Worst drawdown: QQQ -22.8% vs SEIQ -14.9%.
Should I hold both QQQ and SEIQ?
QQQ and SEIQ have a monthly-return correlation of 0.76, 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 SEIQ?
44.7% of SEIQ's money is in holdings QQQ also owns. 44.7% of SEIQ's is in holdings QQQ also owns. They hold 23 positions in common, counted across the 101 positions we hold weights for in QQQ and 63 in SEIQ.
Which pays a higher dividend, QQQ or SEIQ?
QQQ yields 0.43% while SEIQ yields 0.72%, so SEIQ currently pays the higher dividend yield.
Is SEIQ better than QQQ?
SEIQ has a lower expense ratio. QQQ led over 3Y and the full window, SEIQ over 1Y. SEIQ is less concentrated, with 43.3% of the fund in its ten largest positions against 46.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.