QQQ vs SFLO
Invesco QQQ Trust, Series 1 vs VictoryShares Small Cap Free Cash Flow ETF
Which is better, QQQ or SFLO?
Large Cap Growth against Small Cap Blend.
QQQ has a lower expense ratio. QQQ led over the full window, SFLO over 1Y. SFLO is less concentrated, with 13.3% 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 | SFLO |
|---|---|---|
| Expense Ratio | 0.18%Best | 0.49% |
| AUM | $486.1B | $802M |
| Dividend Yield | 0.44% | 0.73% |
| Holdings | 107 | 201 |
| YTD Return | +17.44% | +33.30%Best |
| 1Y Return | +24.69% | +34.97%Best |
| 3Y Return (annualized) | +24.76% | - |
| 5Y Return (annualized) | +14.22% | - |
| Volatility (annualized) | 16.9% | 16.8%Best |
| Max Drawdown | -22.8%Best | -26.6% |
| $10,000 over 2.7 years | $17,801Best | $15,846 |
| Top 10 Weight | 46.5% | 13.3%Best |
| Fund Family | Invesco (US) | Victory Capital Management Inc. |
| Category | Equity | Equity |
| Style | Large Cap Growth | Small Cap Blend |
| Inception | Mar 10, 1999 | Dec 21, 2023 |
Volatility and max drawdown, and the $10,000 over 2.7 years row, are measured over the window both funds cover: Dec 21, 2023 to Sep 8, 2026 (2.7 years).
QQQ vs SFLO 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 2.7 years both funds cover.
QQQ vs SFLO Performance
Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US) and VictoryShares Small Cap Free Cash Flow ETF (SFLO) is an ETF from Victory Capital Management Inc.. Over the past year QQQ returned +24.69% while SFLO returned +34.97%. Year to date, QQQ is up 17.44% versus a gain of 33.30% for SFLO.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 16.9% compared with 16.8% for SFLO. 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 -26.6% for SFLO. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.37. They move together some of the time, and apart the rest.
Fees and Cost Over Time
QQQ charges 0.18% per year while SFLO charges 0.49%. On a $10,000 position that is $18 vs $49 annually, a gap of $31 per year that compounds over a long holding period. On income, QQQ currently yields 0.44% against 0.73% for SFLO.
Holdings Overlap
We hold position weights for 102 holdings in QQQ and 199 in SFLO, totalling 99.9% and 99.8% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 102 positions we hold weights for in QQQ and 199 in SFLO, against full books of 107 and 201.
What only one of them owns
Our book lists 196 positions for SFLO that do not appear in our book for QQQ (97.7% of the fund), and 94 for QQQ that do not appear in SFLO (96.8%).
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.
You are not choosing between two funds in isolation.
Whichever of QQQ and SFLO you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, QQQ or SFLO?
QQQ has an expense ratio of 0.18% while SFLO charges 0.49%. QQQ is the cheaper option, by $31 a year on a $10,000 investment.
Which performed better, QQQ or SFLO?
Over the past year QQQ returned +24.69% vs +34.97% for SFLO, so SFLO leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QQQ or SFLO?
QQQ has been the more volatile fund at 16.9% annualized versus 16.8% for SFLO. Worst drawdown: QQQ -22.8% vs SFLO -26.6%.
Should I hold both QQQ and SFLO?
QQQ and SFLO have a monthly-return correlation of 0.37, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, QQQ or SFLO?
QQQ yields 0.44% while SFLO yields 0.73%, so SFLO currently pays the higher dividend yield.
Is SFLO better than QQQ?
QQQ has a lower expense ratio. QQQ led over the full window, SFLO over 1Y. SFLO is less concentrated, with 13.3% 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.