QQQ vs SKYY
Invesco QQQ Trust, Series 1 vs First Trust Cloud Computing ETF
Which is better, QQQ or SKYY?
Each has led over a different period.
QQQ has a lower expense ratio. QQQ led over 1Y, 5Y and the full window, SKYY over 3Y. SKYY is less concentrated, with 33.0% of the fund in its ten largest positions against 46.5%.
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 | SKYY |
|---|---|---|
| Expense Ratio | 0.18%Best | 0.60% |
| AUM | $483.5B | $3.3B |
| Dividend Yield | 0.44% | 0.00% |
| Holdings | 107 | 128 |
| YTD Return | +16.87% | +24.03%Best |
| 1Y Return | +22.98%Best | +17.10% |
| 3Y Return (annualized) | +24.98% | +25.69%Best |
| 5Y Return (annualized) | +14.39%Best | +7.88% |
| Volatility (annualized) | 17.6%Best | 21.6% |
| Max Drawdown | -35.1%Best | -53.2% |
| $10,000 over 5 years | $19,586Best | $14,612 |
| Top 10 Weight | 46.5% | 33.0%Best |
| Fund Family | Invesco (US) | First Trust Portfolios (US) |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | Mar 10, 1999 | Jul 6, 2011 |
Volatility and max drawdown are measured over the window both funds cover: Jul 6, 2011 to Sep 11, 2026 (15.2 years).
QQQ vs SKYY 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 15.2 years both funds cover.
QQQ vs SKYY Performance
Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US) and First Trust Cloud Computing ETF (SKYY) is an ETF from First Trust Portfolios (US). Over the past year QQQ returned +22.98% while SKYY returned +17.10%. Year to date, QQQ is up 16.87% versus a gain of 24.03% for SKYY.
Over three years, QQQ compounded at +24.98% per year against +25.69% for SKYY; over five years the annualized figures are +14.39% and +7.88% respectively. Across the full 15-year window we track, QQQ has the edge at +18.19% annualized vs +14.80%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SKYY has been the more volatile fund, with annualized monthly volatility of 21.6% compared with 17.6% 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 -35.1% for QQQ and -53.2% for SKYY. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.84. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
QQQ charges 0.18% per year while SKYY 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 0.00% for SKYY.
Holdings Overlap
21.1% of QQQ's money is in holdings SKYY also owns. 21.3% of SKYY's money is in holdings QQQ also owns.
SKYY and QQQ share little of their money.
13 positions in common, counted across the 102 positions we hold weights for in QQQ and 63 in SKYY, against full books of 107 and 128.
What only one of them owns
Our book lists 45 positions for SKYY that do not appear in our book for QQQ (71.4% of the fund), and 83 for QQQ that do not appear in SKYY (76.8%).
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 SKYY | Difference |
|---|---|---|---|
| MSFTMicrosoft Corp 4.100 Feb 06 37 | 5.76% | 3.60% | 2.16% |
| AMZNAmazon.Com Inc | 4.67% | 3.06% | 1.61% |
| GOOGLAlphabet A Usd 0.001 | 3.36% | 2.85% | 0.51% |
| CSCOCisco Systems Inc. - Ordinary Shares | 2.10% | 1.95% | 0.15% |
| SHOP:CAShopify Inc. | 0.77% | 1.98% | 1.21% |
| ADBEAdobe Inc | 0.46% | 1.80% | 1.34% |
| CRWVCoreweave | 0.18% | 2.06% | 1.88% |
| PANWPalo Alto Networks Inc. | 1.30% | 0.72% | 0.58% |
| CRWDCrowdstrike Holdings Inc. Class A | 0.94% | 0.67% | 0.27% |
| APPAppLovin Corp. Com Cl A | 0.56% | 0.81% | 0.25% |
21.3% of SKYY is already inside QQQ.
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 SKYY?
QQQ has an expense ratio of 0.18% while SKYY charges 0.60%. QQQ is the cheaper option, by $42 a year on a $10,000 investment.
Which performed better, QQQ or SKYY?
Over the past year QQQ returned +22.98% vs +17.10% for SKYY, so QQQ leads on 1-year performance. Over the longest common window we track (15 years), QQQ annualized +18.19% vs +14.80% for SKYY. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QQQ or SKYY?
SKYY has been the more volatile fund at 21.6% annualized versus 17.6% for QQQ. Worst drawdown: QQQ -35.1% vs SKYY -53.2%.
Should I hold both QQQ and SKYY?
QQQ and SKYY have a monthly-return correlation of 0.84, 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 SKYY?
21.3% of SKYY's money is in holdings QQQ also owns. 21.3% of SKYY's is in holdings QQQ also owns. They hold 13 positions in common, counted across the 102 positions we hold weights for in QQQ and 63 in SKYY.
Which pays a higher dividend, QQQ or SKYY?
QQQ yields 0.44% while SKYY yields 0.00%, so QQQ currently pays the higher dividend yield.
Is SKYY better than QQQ?
QQQ has a lower expense ratio. QQQ led over 1Y, 5Y and the full window, SKYY over 3Y. SKYY is less concentrated, with 33.0% of the fund in its ten largest positions against 46.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.