QQQ vs SEIQ
Invesco QQQ Trust, Series 1 vs SEI QiM US Large Cap Quality Active ETF
Quick Verdict
SEIQ has a lower expense ratio. QQQ delivered stronger 1-year returns. QQQ offers more diversification with 108 holdings.
Side-by-Side Comparison
| Metric | QQQ | SEIQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.18% | 0.15% | |
| AUM | $496.3B | $710M | |
| Dividend Yield | 0.44% | 0.65% | |
| Holdings | 108 | 64 | |
| YTD Return | +16.64% | +8.27% | |
| 1Y Return | +27.27% | +11.41% | |
| 3Y Return (annualized) | +25.96% | +14.88% | |
| 5Y Return (annualized) | +14.54% | - | |
| Volatility (annualized) | 30.6% | 13.3% | |
| Max Drawdown | -83.0% | -14.9% | |
| Fund Family | Invesco (US) | SEI EXCHANGE TRADED FUNDS | |
| Category | Equity | Equity | |
| Inception | Mar 10, 1999 | May 18, 2022 |
QQQ vs SEIQ Performance
Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US) and SEI QiM US Large Cap Quality Active ETF (SEIQ) is a ETF from SEI EXCHANGE TRADED FUNDS. Over the past year QQQ returned +27.27% while SEIQ returned +11.41%. Year to date, QQQ is up 16.64% versus a gain of 8.27% for SEIQ.
Over three years, QQQ compounded at +25.96% per year against +14.88% for SEIQ. Across the full 4-year window we track, SEIQ has the edge at +14.00% annualized vs +13.03%. 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 13.3% 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 -83.0% for QQQ and -14.9% for SEIQ. 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 0.81. 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 0.44% against 0.65% for SEIQ.
Holdings Overlap
QQQ and SEIQ share 23 holdings out of 142 unique holdings combined, representing a 33.3% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
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. On a $10,000 investment, that is $3 per year of difference.
Which performed better, QQQ or SEIQ?
Over the past year QQQ returned +27.27% vs +11.41% for SEIQ, so QQQ leads on 1-year performance. Over the longest common window we track (4 years), QQQ annualized +13.03% vs +14.00% for SEIQ. Past performance does not guarantee future results.
Which is riskier, QQQ or SEIQ?
QQQ has been the more volatile fund at 30.6% annualized versus 13.3% for SEIQ. Worst drawdown: QQQ -83.0% vs SEIQ -14.9%.
Should I hold both QQQ and SEIQ?
QQQ and SEIQ have a monthly-return correlation of 0.81, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between QQQ and SEIQ?
QQQ and SEIQ share 23 common holdings with a 33.3% weight overlap. Combined, they hold 142 unique securities.
Which pays a higher dividend, QQQ or SEIQ?
QQQ yields 0.44% while SEIQ yields 0.65%, so SEIQ currently pays the higher dividend yield.
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