QQQ vs SMOX
Invesco QQQ Trust, Series 1 vs Horizon Small/Mid Cap Core Equity ETF
Quick Verdict
QQQ has a lower expense ratio. SMOX offers more diversification with 289 holdings.
Side-by-Side Comparison
| Metric | QQQ | SMOX | Winner |
|---|---|---|---|
| Expense Ratio | 0.18% | 0.75% | |
| AUM | $496.3B | $124M | |
| Dividend Yield | 0.44% | 0.07% | |
| Holdings | 108 | 289 | |
| YTD Return | +16.64% | +19.74% | |
| 1Y Return | +27.27% | - | |
| 3Y Return (annualized) | +25.96% | - | |
| 5Y Return (annualized) | +14.54% | - | |
| Volatility (annualized) | 30.6% | - | |
| Max Drawdown | -83.0% | -7.8% | |
| Fund Family | Invesco (US) | Horizon Funds | |
| Category | Equity | Equity | |
| Inception | Mar 10, 1999 | Dec 2, 2025 |
QQQ vs SMOX Performance
Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US) and Horizon Small/Mid Cap Core Equity ETF (SMOX) is a ETF from Horizon Funds. Year to date, QQQ is up 16.64% versus a gain of 19.74% for SMOX.
Risk: Volatility and Drawdowns
The deepest peak-to-trough decline in our data was -83.0% for QQQ and -7.8% for SMOX. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
Fees and Cost Over Time
QQQ charges 0.18% per year while SMOX 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 0.07% for SMOX.
Holdings Overlap
QQQ and SMOX share 0 holdings out of 387 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, QQQ or SMOX?
QQQ has an expense ratio of 0.18% while SMOX charges 0.75%. QQQ is the cheaper option. On a $10,000 investment, that is $57 per year of difference.
What is the holdings overlap between QQQ and SMOX?
QQQ and SMOX share 0 common holdings with a 0.0% weight overlap. Combined, they hold 387 unique securities.
Which pays a higher dividend, QQQ or SMOX?
QQQ yields 0.44% while SMOX yields 0.07%, so QQQ currently pays the higher dividend yield.
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