QQQ vs SIHY
Invesco QQQ Trust, Series 1 vs Harbor Ares Systematic High Yield ETF
Which is better, QQQ or SIHY?
Large Cap Growth against High Yield Bond.
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window.
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 | SIHY |
|---|---|---|
| Expense Ratio | 0.18%Best | 0.48% |
| AUM | $483.5B | $149M |
| Dividend Yield | 0.44% | 7.10% |
| Holdings | 107 | 233 |
| YTD Return | +17.21%Best | +2.62% |
| 1Y Return | +22.10%Best | +4.39% |
| 3Y Return (annualized) | +25.27%Best | +8.78% |
| 5Y Return (annualized) | +14.60%Best | +4.77% |
| Volatility (annualized) | 20.9% | 7.2%Best |
| Max Drawdown | -35.1% | -13.3%Best |
| $10,000 over 5 years | $19,766Best | $12,624 |
| Fund Family | Invesco (US) | Harbor Funds |
| Category | Equity | Fixed Income |
| Style | Large Cap Growth | High Yield Bond |
| Inception | Mar 10, 1999 | Sep 14, 2021 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Sep 16, 2021 to Sep 17, 2026 (5 years).
QQQ vs SIHY 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 5 years both funds cover.
QQQ vs SIHY Performance
Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US) and Harbor Ares Systematic High Yield ETF (SIHY) is an ETF from Harbor Funds. Over the past year QQQ returned +22.10% while SIHY returned +4.39%. Year to date, QQQ is up 17.21% versus a gain of 2.62% for SIHY.
Over three years, QQQ compounded at +25.27% per year against +8.78% for SIHY; over five years the annualized figures are +14.60% and +4.77% respectively.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 20.9% compared with 7.2% for SIHY. 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 -13.3% for SIHY. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.71. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
QQQ charges 0.18% per year while SIHY charges 0.48%. On a $10,000 position that is $18 vs $48 annually, a gap of $30 per year that compounds over a long holding period. On income, QQQ currently yields 0.44% against 7.10% for SIHY.
Holdings Overlap
We hold position weights for 102 holdings in QQQ and 166 in SIHY, totalling 99.9% and 69.8% 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 166 in SIHY, against full books of 107 and 233.
You are not choosing between two funds in isolation.
Whichever of QQQ and SIHY 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 SIHY?
QQQ has an expense ratio of 0.18% while SIHY charges 0.48%. QQQ is the cheaper option, by $30 a year on a $10,000 investment.
Which performed better, QQQ or SIHY?
Over the past year QQQ returned +22.10% vs +4.39% for SIHY, so QQQ leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QQQ or SIHY?
QQQ has been the more volatile fund at 20.9% annualized versus 7.2% for SIHY. Worst drawdown: QQQ -35.1% vs SIHY -13.3%.
Should I hold both QQQ and SIHY?
QQQ and SIHY have a monthly-return correlation of 0.71, 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 SIHY?
QQQ yields 0.44% while SIHY yields 7.10%, so SIHY currently pays the higher dividend yield.
Is SIHY better than QQQ?
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.