QQQ vs SFYX
Invesco QQQ Trust, Series 1 vs Sofi Next 500 ETF
Which is better, QQQ or SFYX?
Large Cap Growth against Mid Cap Blend.
SFYX has a lower expense ratio. QQQ led over 1Y and the full window. SFYX is less concentrated, with 10.3% 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 | SFYX |
|---|---|---|
| Expense Ratio | 0.18% | 0.06%Best |
| AUM | $498.6B | $28M |
| Dividend Yield | 0.42% | 1.39% |
| Holdings | 321 | 491 |
| Volatility (annualized) | 19.9%Best | 20.9% |
| Max Drawdown | -35.1%Best | -39.6% |
| $10,000 over 6.9 years | $33,988Best | $18,693 |
| Top 10 Weight | 47.2% | 10.3%Best |
| Fund Family | Invesco (US) | SoFi |
| Category | Equity | Equity |
| Style | Large Cap Growth | Mid Cap Blend |
| Inception | Mar 10, 1999 | Apr 10, 2019 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized).
The two price series end 226 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. QQQ has data through Oct 2, 2026 and SFYX through Feb 18, 2026.
Volatility and max drawdown, and the $10,000 over 6.9 years row, are measured over the window both funds cover: Apr 11, 2019 to Feb 18, 2026 (6.9 years).
Risk: Volatility and Drawdowns
SFYX has been the more volatile fund, with annualized monthly volatility of 20.9% compared with 19.9% for QQQ. 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 -35.1% for QQQ and -39.6% for SFYX. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.79. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
QQQ charges 0.18% per year while SFYX charges 0.06%. On a $10,000 position that is $18 vs $6 annually, a gap of $12 per year that compounds over a long holding period. On income, QQQ currently yields 0.42% against 1.39% for SFYX.
Holdings Overlap
0.7% of QQQ's money is in holdings SFYX also owns. 2.1% of SFYX's money is in holdings QQQ also owns.
SFYX and QQQ share little of their money.
The two holdings books were reported 291 days apart, QQQ as of Sep 15, 2026 and SFYX as of Nov 28, 2025, so some of the difference between them is the time between the two reports rather than the funds.
3 positions in common, counted across the 102 positions we hold weights for in QQQ and 492 in SFYX, against full books of 321 and 491.
What only one of them owns
Our book lists 479 positions for SFYX that do not appear in our book for QQQ (94.4% of the fund), and 93 for QQQ that do not appear in SFYX (97.1%).
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 SFYX 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 SFYX?
QQQ has an expense ratio of 0.18% while SFYX charges 0.06%. SFYX is the cheaper option, by $12 a year on a $10,000 investment.
Which is riskier, QQQ or SFYX?
SFYX has been the more volatile fund at 20.9% annualized versus 19.9% for QQQ. Worst drawdown: QQQ -35.1% vs SFYX -39.6%.
Should I hold both QQQ and SFYX?
QQQ and SFYX have a monthly-return correlation of 0.79, 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 SFYX?
2.1% of SFYX's money is in holdings QQQ also owns. 2.1% of SFYX's is in holdings QQQ also owns. They hold 3 positions in common, counted across the 102 positions we hold weights for in QQQ and 492 in SFYX.
Which pays a higher dividend, QQQ or SFYX?
QQQ yields 0.42% while SFYX yields 1.39%, so SFYX currently pays the higher dividend yield.
Is SFYX better than QQQ?
SFYX has a lower expense ratio. QQQ led over 1Y and the full window. SFYX is less concentrated, with 10.3% 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.