QQQ vs SMCO
Invesco QQQ Trust, Series 1 vs Hilton Small-MidCap Opportunity ETF
Which is better, QQQ or SMCO?
Large Cap Growth against Mid Cap Blend.
QQQ has a lower expense ratio. QQQ led over 1Y and the full window. SMCO is less concentrated, with 24.9% 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 | SMCO |
|---|---|---|
| Expense Ratio | 0.18%Best | 0.55% |
| AUM | $483.5B | $137M |
| Dividend Yield | 0.44% | 0.94% |
| Holdings | 107 | 65 |
| YTD Return | +16.87%Best | +4.44% |
| 1Y Return | +22.98%Best | +5.38% |
| 3Y Return (annualized) | +24.98% | - |
| 5Y Return (annualized) | +14.39% | - |
| Volatility (annualized) | 16.8% | 15.9%Best |
| Max Drawdown | -22.8% | -22.7%Best |
| $10,000 over 2.8 years | $18,696Best | $14,418 |
| Top 10 Weight | 46.5% | 24.9%Best |
| Fund Family | Invesco (US) | Hilton Capital Management |
| Category | Equity | Equity |
| Style | Large Cap Growth | Mid Cap Blend |
| Inception | Mar 10, 1999 | Nov 28, 2023 |
Volatility and max drawdown, and the $10,000 over 2.8 years row, are measured over the window both funds cover: Nov 29, 2023 to Sep 11, 2026 (2.8 years).
QQQ vs SMCO 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 2.8 years both funds cover.
QQQ vs SMCO Performance
Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US) and Hilton Small-MidCap Opportunity ETF (SMCO) is an ETF from Hilton Capital Management. Over the past year QQQ returned +22.98% while SMCO returned +5.38%. Year to date, QQQ is up 16.87% versus a gain of 4.44% for SMCO.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 16.8% compared with 15.9% for SMCO. 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 -22.7% for SMCO. 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 SMCO charges 0.55%. On a $10,000 position that is $18 vs $55 annually, a gap of $37 per year that compounds over a long holding period. On income, QQQ currently yields 0.44% against 0.94% for SMCO.
Holdings Overlap
We hold position weights for 102 holdings in QQQ and 63 in SMCO, totalling 99.9% and 99.9% 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 63 in SMCO, against full books of 107 and 65.
What only one of them owns
Our book lists 62 positions for SMCO that do not appear in our book for QQQ (97.1% of the fund), and 95 for QQQ that do not appear in SMCO (97.0%).
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.
You are not choosing between two funds in isolation.
Whichever of QQQ and SMCO 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 SMCO?
QQQ has an expense ratio of 0.18% while SMCO charges 0.55%. QQQ is the cheaper option, by $37 a year on a $10,000 investment.
Which performed better, QQQ or SMCO?
Over the past year QQQ returned +22.98% vs +5.38% for SMCO, 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 SMCO?
QQQ has been the more volatile fund at 16.8% annualized versus 15.9% for SMCO. Worst drawdown: QQQ -22.8% vs SMCO -22.7%.
Should I hold both QQQ and SMCO?
QQQ and SMCO 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.
Which pays a higher dividend, QQQ or SMCO?
QQQ yields 0.44% while SMCO yields 0.94%, so SMCO currently pays the higher dividend yield.
Is SMCO better than QQQ?
QQQ has a lower expense ratio. QQQ led over 1Y and the full window. SMCO is less concentrated, with 24.9% 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.