QQQ vs SEIV
Invesco QQQ Trust, Series 1 vs SEI QiM US Large Cap Value Active ETF
Which is better, QQQ or SEIV?
Large Cap Growth against Large Cap Value.
SEIV has a lower expense ratio. QQQ led over 3Y and the full window, SEIV over 1Y. SEIV is less concentrated, with 25.3% of the fund in its ten largest positions against 47.2%.
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 | SEIV |
|---|---|---|
| Expense Ratio | 0.18% | 0.15%Best |
| AUM | $498.6B | $1.6B |
| Dividend Yield | 0.42% | 1.05% |
| Holdings | 321 | 122 |
| YTD Return | +22.67%Best | +18.97% |
| 1Y Return | +24.33% | +27.59%Best |
| 3Y Return (annualized) | +29.05%Best | +27.72% |
| 5Y Return (annualized) | +17.00% | - |
| Volatility (annualized) | 19.8% | 16.2%Best |
| Max Drawdown | -22.8% | -18.2%Best |
| $10,000 over 4.4 years | $26,609Best | $21,475 |
| Top 10 Weight | 47.2% | 25.3%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 4.4 years row, are measured over the window both funds cover: May 18, 2022 to Oct 2, 2026 (4.4 years).
QQQ vs SEIV 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 4.4 years both funds cover.
QQQ vs SEIV Performance
Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US) and SEI QiM US Large Cap Value Active ETF (SEIV) is an ETF from SEI EXCHANGE TRADED FUNDS. Over the past year QQQ returned +24.33% while SEIV returned +27.59%. Year to date, QQQ is up 22.67% versus a gain of 18.97% for SEIV.
Over three years, QQQ compounded at +29.05% per year against +27.72% for SEIV. Across the full 4-year window we track, QQQ has the edge at +24.91% annualized vs +18.97%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 19.8% compared with 16.2% for SEIV. 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 -18.2% for SEIV. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.75. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
QQQ charges 0.18% per year while SEIV 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 0.42% against 1.05% for SEIV.
Holdings Overlap
40.1% of QQQ's money is in holdings SEIV also owns. 19.4% of SEIV's money is in holdings QQQ also owns.
The two portfolios partly overlap.
12 positions in common, counted across the 102 positions we hold weights for in QQQ and 121 in SEIV, against full books of 321 and 122.
What only one of them owns
Our book lists 106 positions for SEIV that do not appear in our book for QQQ (77.9% of the fund), and 84 for QQQ that do not appear in SEIV (57.7%).
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 SEIV | Difference |
|---|---|---|---|
| NVDANvidia Corp | 8.45% | 3.64% | 4.81% |
| AAPLApple, Inc | 7.80% | 3.16% | 4.64% |
| MSFTMicrosoft Corp | 5.88% | 2.08% | 3.80% |
| MUMicron Technology, Inc. | 4.85% | 2.46% | 2.39% |
| GOOGAlphabet Inc. C | 2.93% | 2.42% | 0.51% |
| AMZNAmazon.Com Inc | 4.41% | 0.38% | 4.03% |
| METAMeta Platforms Inc | 3.07% | 0.17% | 2.90% |
| ADBEAdobe Systems | 0.45% | 1.83% | 1.38% |
| QCOMQualcomm Inc. | 0.85% | 1.34% | 0.49% |
| EXCExelon | 0.20% | 1.51% | 1.31% |
40.1% of QQQ is already inside SEIV.
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 SEIV?
QQQ has an expense ratio of 0.18% while SEIV charges 0.15%. SEIV is the cheaper option, by $3 a year on a $10,000 investment.
Which performed better, QQQ or SEIV?
Over the past year QQQ returned +24.33% vs +27.59% for SEIV, so SEIV leads on 1-year performance. Over the longest common window we track (4 years), QQQ annualized +24.91% vs +18.97% for SEIV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QQQ or SEIV?
QQQ has been the more volatile fund at 19.8% annualized versus 16.2% for SEIV. Worst drawdown: QQQ -22.8% vs SEIV -18.2%.
Should I hold both QQQ and SEIV?
QQQ and SEIV have a monthly-return correlation of 0.75, 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 SEIV?
40.1% of QQQ's money is in holdings SEIV also owns. 19.4% of SEIV's is in holdings QQQ also owns. They hold 12 positions in common, counted across the 102 positions we hold weights for in QQQ and 121 in SEIV.
Which pays a higher dividend, QQQ or SEIV?
QQQ yields 0.42% while SEIV yields 1.05%, so SEIV currently pays the higher dividend yield.
Is SEIV better than QQQ?
SEIV has a lower expense ratio. QQQ led over 3Y and the full window, SEIV over 1Y. SEIV is less concentrated, with 25.3% of the fund in its ten largest positions against 47.2%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.