QQQ vs SHPP
Invesco QQQ Trust, Series 1 vs Pacer Industrials and Logistics ETF
Which is better, QQQ or SHPP?
Large Cap Growth against All Cap Blend.
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y and the full window. QQQ is less concentrated, with 46.5% of the fund in its ten largest positions against 57.2%.
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 | SHPP |
|---|---|---|
| Expense Ratio | 0.18%Best | 0.60% |
| AUM | $486.1B | $2M |
| Dividend Yield | 0.44% | 1.69% |
| Holdings | 107 | 122 |
| YTD Return | +17.33% | +17.74%Best |
| 1Y Return | +26.50%Best | +26.05% |
| 3Y Return (annualized) | +24.58%Best | +12.66% |
| 5Y Return (annualized) | +14.15% | - |
| Volatility (annualized) | 19.5% | 18.1%Best |
| Max Drawdown | -22.8% | -21.6%Best |
| $10,000 over 4.2 years | $24,423Best | $15,536 |
| Top 10 Weight | 46.5%Best | 57.2% |
| Fund Family | Invesco (US) | Pacer ETFs |
| Category | Equity | Equity |
| Style | Large Cap Growth | All Cap Blend |
| Inception | Mar 10, 1999 | Jun 8, 2022 |
Volatility and max drawdown, and the $10,000 over 4.2 years row, are measured over the window both funds cover: Jun 9, 2022 to Sep 3, 2026 (4.2 years).
QQQ vs SHPP 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 4.2 years both funds cover.
QQQ vs SHPP Performance
Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US) and Pacer Industrials and Logistics ETF (SHPP) is an ETF from Pacer ETFs. Over the past year QQQ returned +26.50% while SHPP returned +26.05%. Year to date, QQQ is up 17.33% versus a gain of 17.74% for SHPP.
Over three years, QQQ compounded at +24.58% per year against +12.66% for SHPP. Across the full 4-year window we track, QQQ has the edge at +23.69% annualized vs +11.06%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 19.5% compared with 18.1% for SHPP. 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 -21.6% for SHPP. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.74. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
QQQ charges 0.18% per year while SHPP charges 0.60%. On a $10,000 position that is $18 vs $60 annually, a gap of $42 per year that compounds over a long holding period. On income, QQQ currently yields 0.44% against 1.69% for SHPP.
Holdings Overlap
0.6% of QQQ's money is in holdings SHPP also owns. 7.1% of SHPP's money is in holdings QQQ also owns.
SHPP and QQQ share little of their money.
2 positions in common, counted across the 102 positions we hold weights for in QQQ and 115 in SHPP, against full books of 107 and 122.
What only one of them owns
Our book lists 30 positions for SHPP that do not appear in our book for QQQ (33.9% of the fund), and 94 for QQQ that do not appear in SHPP (96.9%).
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 SHPP 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 SHPP?
QQQ has an expense ratio of 0.18% while SHPP charges 0.60%. QQQ is the cheaper option, by $42 a year on a $10,000 investment.
Which performed better, QQQ or SHPP?
Over the past year QQQ returned +26.50% vs +26.05% for SHPP, so QQQ leads on 1-year performance. Over the longest common window we track (4 years), QQQ annualized +23.69% vs +11.06% for SHPP. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QQQ or SHPP?
QQQ has been the more volatile fund at 19.5% annualized versus 18.1% for SHPP. Worst drawdown: QQQ -22.8% vs SHPP -21.6%.
Should I hold both QQQ and SHPP?
QQQ and SHPP have a monthly-return correlation of 0.74, 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 SHPP?
7.1% of SHPP's money is in holdings QQQ also owns. 7.1% of SHPP's is in holdings QQQ also owns. They hold 2 positions in common, counted across the 102 positions we hold weights for in QQQ and 115 in SHPP.
Which pays a higher dividend, QQQ or SHPP?
QQQ yields 0.44% while SHPP yields 1.69%, so SHPP currently pays the higher dividend yield.
Is SHPP better than QQQ?
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y and the full window. QQQ is less concentrated, with 46.5% of the fund in its ten largest positions against 57.2%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.