QQQ vs SHRY
Invesco QQQ Trust, Series 1 vs First Trust Bloomberg Shareholder Yield ETF
Which is better, QQQ or SHRY?
Each has led over a different period.
QQQ has a lower expense ratio. QQQ led over 3Y, 5Y and the full window, SHRY over 1Y. SHRY is less concentrated, with 40.9% of the fund in its ten largest positions against 46.9%.
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 | SHRY |
|---|---|---|
| Expense Ratio | 0.18%Best | 0.60% |
| AUM | $437.3B | $17M |
| Dividend Yield | 0.43% | 1.54% |
| Holdings | 208 | 102 |
| YTD Return | +7.37% | +14.70%Best |
| 1Y Return | +7.77% | +18.98%Best |
| 3Y Return (annualized) | +21.44%Best | +17.56% |
| 5Y Return (annualized) | +11.19%Best | +8.53% |
| Volatility (annualized) | 19.8% | 17.2%Best |
| Max Drawdown | -35.1%Best | -36.7% |
| $10,000 over 5 years | $16,995Best | $15,057 |
| Top 10 Weight | 46.9% | 40.9%Best |
| Fund Family | Invesco (US) | First Trust Portfolios (US) |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | Mar 10, 1999 | Jun 20, 2017 |
Volatility and max drawdown are measured over the window both funds cover: Jun 22, 2017 to Nov 6, 2026 (9.4 years).
QQQ vs SHRY 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 9.4 years both funds cover.
QQQ vs SHRY Performance
Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US) and First Trust Bloomberg Shareholder Yield ETF (SHRY) is an ETF from First Trust Portfolios (US). Over the past year QQQ returned +7.77% while SHRY returned +18.98%. Year to date, QQQ is up 7.37% versus a gain of 14.70% for SHRY.
Over three years, QQQ compounded at +21.44% per year against +17.56% for SHRY; over five years the annualized figures are +11.19% and +8.53% respectively. Across the full 9-year window we track, QQQ has the edge at +18.27% annualized vs +10.84%.
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 17.2% for SHRY. 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 -36.7% for SHRY. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.68. They move together some of the time, and apart the rest.
Fees and Cost Over Time
QQQ charges 0.18% per year while SHRY 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 0.43% against 1.54% for SHRY.
Holdings Overlap
26.5% of QQQ's money is in holdings SHRY also owns. 25.9% of SHRY's money is in holdings QQQ also owns.
QQQ and SHRY share little of their money.
18 positions in common, counted across the 101 positions we hold weights for in QQQ and 50 in SHRY, against full books of 208 and 102.
What only one of them owns
Our book lists 31 positions for SHRY that do not appear in our book for QQQ (72.6% of the fund), and 76 for QQQ that do not appear in SHRY (70.7%).
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 SHRY | Difference |
|---|---|---|---|
| AAPLApple Inc | 7.68% | 0.95% | 6.73% |
| MSFTMicrosoft Corp | 6.16% | 0.69% | 5.47% |
| CMCSAComcast Corp. Class A | 0.33% | 3.92% | 3.59% |
| TMUST-Mobile Usa Inc Esrw Usd Npv Ref Sm#585558 | 0.72% | 3.46% | 2.74% |
| ADBEAdobe Systems | 0.42% | 2.70% | 2.28% |
| ADPAutomatic Data Processing, Inc. | 0.48% | 2.57% | 2.09% |
| GILDGilead Sciences | 0.83% | 2.02% | 1.19% |
| QCOMQualcomm Inc. | 0.80% | 1.88% | 1.08% |
| BKNGBooking Holdings, Inc. | 0.53% | 1.99% | 1.46% |
| COSTCostco Wholesale Corp. | 1.84% | 0.22% | 1.62% |
26.5% of QQQ is already inside SHRY.
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 SHRY?
QQQ has an expense ratio of 0.18% while SHRY charges 0.60%. QQQ is the cheaper option, by $42 a year on a $10,000 investment.
Which performed better, QQQ or SHRY?
Over the past year QQQ returned +7.77% vs +18.98% for SHRY, so SHRY leads on 1-year performance. Over the longest common window we track (9 years), QQQ annualized +18.27% vs +10.84% for SHRY. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QQQ or SHRY?
QQQ has been the more volatile fund at 19.8% annualized versus 17.2% for SHRY. Worst drawdown: QQQ -35.1% vs SHRY -36.7%.
Should I hold both QQQ and SHRY?
QQQ and SHRY have a monthly-return correlation of 0.68, 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 SHRY?
26.5% of QQQ's money is in holdings SHRY also owns. 25.9% of SHRY's is in holdings QQQ also owns. They hold 18 positions in common, counted across the 101 positions we hold weights for in QQQ and 50 in SHRY.
Which pays a higher dividend, QQQ or SHRY?
QQQ yields 0.43% while SHRY yields 1.54%, so SHRY currently pays the higher dividend yield.
Is SHRY better than QQQ?
QQQ has a lower expense ratio. QQQ led over 3Y, 5Y and the full window, SHRY over 1Y. SHRY is less concentrated, with 40.9% of the fund in its ten largest positions against 46.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.