QQQ vs SMCX
Invesco QQQ Trust, Series 1 vs Defiance Daily Target 2X Long SMCI ETF
Which is better, QQQ or SMCX?
Large Cap Growth against Trading-Leveraged Debt.
QQQ has a lower expense ratio. QQQ led over 1Y 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 | SMCX |
|---|---|---|
| Expense Ratio | 0.18%Best | 1.43% |
| AUM | $483.5B | $154M |
| Dividend Yield | 0.44% | 8.35% |
| Holdings | 107 | 24 |
| YTD Return | +21.71%Best | -39.87% |
| 1Y Return | +25.89%Best | -78.09% |
| 3Y Return (annualized) | +28.80% | - |
| 5Y Return (annualized) | +15.67% | - |
| Volatility (annualized) | 18.2%Best | 179.6% |
| Max Drawdown | -22.8% | - |
| $10,000 over 2.1 years | $15,873Best | $208 |
| Fund Family | Invesco (US) | Defiance ETFs, LLC |
| Category | Equity | Alternative |
| Style | Large Cap Growth | Trading-Leveraged Debt |
| Inception | Mar 10, 1999 | Aug 21, 2024 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.1 years row, are measured over the window both funds cover: Aug 22, 2024 to Sep 25, 2026 (2.1 years).
QQQ vs SMCX 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 2.1 years both funds cover.
QQQ vs SMCX Performance
Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US) and Defiance Daily Target 2X Long SMCI ETF (SMCX) is an ETF from Defiance ETFs, LLC. Over the past year QQQ returned +25.89% while SMCX returned -78.09%. Year to date, QQQ is up 21.71% versus a loss of 39.87% for SMCX.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SMCX has been the more volatile fund, with annualized monthly volatility of 179.6% compared with 18.2% for QQQ. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The two funds' monthly returns correlate at 0.59. They move together some of the time, and apart the rest.
Fees and Cost Over Time
QQQ charges 0.18% per year while SMCX charges 1.43%. On a $10,000 position that is $18 vs $143 annually, a gap of $125 per year that compounds over a long holding period. On income, QQQ currently yields 0.44% against 8.35% for SMCX.
Holdings Overlap
We hold position weights for 102 holdings in QQQ and 2 in SMCX, totalling 99.9% and 7.9% 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 2 in SMCX, against full books of 107 and 24.
You are not choosing between two funds in isolation.
Whichever of QQQ and SMCX 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 SMCX?
QQQ has an expense ratio of 0.18% while SMCX charges 1.43%. QQQ is the cheaper option, by $125 a year on a $10,000 investment.
Which performed better, QQQ or SMCX?
Over the past year QQQ returned +25.89% vs -78.09% for SMCX, so QQQ leads on 1-year performance. Over the longest common window we track (2 years), QQQ annualized +24.61% vs -84.19% for SMCX. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QQQ or SMCX?
SMCX has been the more volatile fund at 179.6% annualized versus 18.2% for QQQ.
Should I hold both QQQ and SMCX?
QQQ and SMCX have a monthly-return correlation of 0.59, 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 SMCX?
QQQ yields 0.44% while SMCX yields 8.35%, so SMCX currently pays the higher dividend yield.
Is SMCX better than QQQ?
QQQ has a lower expense ratio. QQQ led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.