QQQ vs SKRE

QQQ vs SKRE
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Quick Verdict

QQQ has a lower expense ratio. QQQ delivered stronger 1-year returns. QQQ offers more diversification with 108 holdings.

Lower Fees: QQQHigher Returns: QQQMore Diversified: QQQ

Side-by-Side Comparison

MetricQQQSKREWinner
Expense Ratio0.18%0.75%
AUM$496.3B$5M
Dividend Yield0.44%0.38%
Holdings1082
YTD Return+16.19%-29.76%
1Y Return+25.22%-35.56%
3Y Return (annualized)+25.47%-
5Y Return (annualized)+14.34%-
Volatility (annualized)30.6%42.0%
Max Drawdown-83.0%-78.8%
Fund FamilyInvesco (US)Tuttle Funds
CategoryEquityAlternative
InceptionMar 10, 1999Jan 4, 2024

QQQ vs SKRE Performance

Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US) and Tuttle Capital Daily 2X Inverse Regional Banks ETF (SKRE) is a ETF from Tuttle Funds. Over the past year QQQ returned +25.22% while SKRE returned -35.56%. Year to date, QQQ is up 16.19% versus a loss of 29.76% for SKRE.

Risk: Volatility and Drawdowns

SKRE has been the more volatile fund, with annualized monthly volatility of 42.0% compared with 30.6% 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 -83.0% for QQQ and -78.8% for SKRE. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

The two funds' monthly returns correlate at -0.24. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

QQQ charges 0.18% per year while SKRE charges 0.75%. On a $10,000 position that is $18 vs $75 annually, a gap of $57 per year that compounds over a long holding period. On income, QQQ currently yields 0.44% against 0.38% for SKRE.

Frequently Asked Questions

Which is cheaper, QQQ or SKRE?

QQQ has an expense ratio of 0.18% while SKRE charges 0.75%. QQQ is the cheaper option. On a $10,000 investment, that is $57 per year of difference.

Which performed better, QQQ or SKRE?

Over the past year QQQ returned +25.22% vs -35.56% for SKRE, so QQQ leads on 1-year performance. Over the longest common window we track (3 years), QQQ annualized +13.01% vs -38.84% for SKRE. Past performance does not guarantee future results.

Which is riskier, QQQ or SKRE?

SKRE has been the more volatile fund at 42.0% annualized versus 30.6% for QQQ. Worst drawdown: QQQ -83.0% vs SKRE -78.8%.

Should I hold both QQQ and SKRE?

QQQ and SKRE have a monthly-return correlation of -0.24, so combining them can provide real diversification depending on your allocation goals.

Which pays a higher dividend, QQQ or SKRE?

QQQ yields 0.44% while SKRE yields 0.38%, so QQQ currently pays the higher dividend yield.

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