QQQ vs SIO
Invesco QQQ Trust, Series 1 vs Touchstone Strategic Income ETF
Which is better, QQQ or SIO?
Large Cap Growth against Intermediate Term Bond.
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y 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 | SIO |
|---|---|---|
| Expense Ratio | 0.18%Best | 0.50% |
| AUM | $483.5B | $295M |
| Dividend Yield | 0.44% | 7.39% |
| Holdings | 107 | 205 |
| YTD Return | +17.21%Best | -0.15% |
| 1Y Return | +22.10%Best | +1.16% |
| 3Y Return (annualized) | +25.27%Best | +6.85% |
| 5Y Return (annualized) | +14.60% | - |
| Volatility (annualized) | 19.0% | 5.6%Best |
| Max Drawdown | -22.8% | -7.3%Best |
| $10,000 over 4.1 years | $24,212Best | $12,474 |
| Fund Family | Invesco (US) | Touchstone Investments |
| Category | Equity | Fixed Income |
| Style | Large Cap Growth | Intermediate Term Bond |
| Inception | Mar 10, 1999 | Jul 21, 2022 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 4.1 years row, are measured over the window both funds cover: Jul 25, 2022 to Sep 17, 2026 (4.1 years).
QQQ vs SIO 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 4.1 years both funds cover.
QQQ vs SIO Performance
Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US) and Touchstone Strategic Income ETF (SIO) is an ETF from Touchstone Investments. Over the past year QQQ returned +22.10% while SIO returned +1.16%. Year to date, QQQ is up 17.21% versus a loss of 0.15% for SIO.
Over three years, QQQ compounded at +25.27% per year against +6.85% for SIO. Across the full 4-year window we track, QQQ has the edge at +24.07% annualized vs +5.54%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 19.0% compared with 5.6% for SIO. 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 -7.3% for SIO. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.58. They move together some of the time, and apart the rest.
Fees and Cost Over Time
QQQ charges 0.18% per year while SIO charges 0.50%. On a $10,000 position that is $18 vs $50 annually, a gap of $32 per year that compounds over a long holding period. On income, QQQ currently yields 0.44% against 7.39% for SIO.
Holdings Overlap
At least 1.1% of QQQ's money is in holdings SIO also owns.
Stated as a floor: for SIO, our book for it covers 43.9% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
QQQ and SIO share little of their money.
1 positions in common, counted across the 102 positions we hold weights for in QQQ and 106 in SIO, against full books of 107 and 205.
Top Shared Holdings
| Stock | Weight in QQQ | Weight in SIO | Difference |
|---|---|---|---|
| TXNTexas Instrument Inc | 1.12% | 0.13% | 0.99% |
You are not choosing between two funds in isolation.
Whichever of QQQ and SIO 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 SIO?
QQQ has an expense ratio of 0.18% while SIO charges 0.50%. QQQ is the cheaper option, by $32 a year on a $10,000 investment.
Which performed better, QQQ or SIO?
Over the past year QQQ returned +22.10% vs +1.16% for SIO, so QQQ leads on 1-year performance. Over the longest common window we track (4 years), QQQ annualized +24.07% vs +5.54% for SIO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QQQ or SIO?
QQQ has been the more volatile fund at 19.0% annualized versus 5.6% for SIO. Worst drawdown: QQQ -22.8% vs SIO -7.3%.
Should I hold both QQQ and SIO?
QQQ and SIO have a monthly-return correlation of 0.58, 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 SIO?
At least 1.1% of QQQ's money is in holdings SIO also owns. Our book for SIO is partial, so the real figure is this or higher. They hold 1 positions in common, counted across the 102 positions we hold weights for in QQQ and 106 in SIO.
Which pays a higher dividend, QQQ or SIO?
QQQ yields 0.44% while SIO yields 7.39%, so SIO currently pays the higher dividend yield.
Is SIO better than QQQ?
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.