QQQ vs SNAV
Invesco QQQ Trust, Series 1 vs Mohr Sector Nav ETF
Which is better, QQQ or SNAV?
Large Cap Growth against Large Cap Blend.
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y and the full window. QQQ is less concentrated, with 46.5% of the fund in its ten largest positions against 100.0%.
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 | SNAV |
|---|---|---|
| Expense Ratio | 0.18%Best | 1.59% |
| AUM | $483.5B | $30M |
| Dividend Yield | 0.44% | 0.00% |
| Holdings | 107 | 11 |
| YTD Return | +16.87%Best | +10.57% |
| 1Y Return | +22.98%Best | +13.32% |
| 3Y Return (annualized) | +24.98%Best | +14.44% |
| 5Y Return (annualized) | +14.39% | - |
| Volatility (annualized) | 17.1% | 11.6%Best |
| Max Drawdown | -22.8% | -16.6%Best |
| $10,000 over 3.7 years | $26,520Best | $16,034 |
| Top 10 Weight | 46.5%Best | 100.0% |
| Fund Family | Invesco (US) | Mohr Funds |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Blend |
| Inception | Mar 10, 1999 | Jan 10, 2023 |
Volatility and max drawdown, and the $10,000 over 3.7 years row, are measured over the window both funds cover: Jan 11, 2023 to Sep 11, 2026 (3.7 years).
QQQ vs SNAV 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 3.7 years both funds cover.
QQQ vs SNAV Performance
Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US) and Mohr Sector Nav ETF (SNAV) is an ETF from Mohr Funds. Over the past year QQQ returned +22.98% while SNAV returned +13.32%. Year to date, QQQ is up 16.87% versus a gain of 10.57% for SNAV.
Over three years, QQQ compounded at +24.98% per year against +14.44% for SNAV. Across the full 4-year window we track, QQQ has the edge at +30.16% annualized vs +13.61%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 17.1% compared with 11.6% for SNAV. 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 -16.6% for SNAV. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.78. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
QQQ charges 0.18% per year while SNAV charges 1.59%. On a $10,000 position that is $18 vs $159 annually, a gap of $141 per year that compounds over a long holding period. On income, QQQ currently yields 0.44% against 0.00% for SNAV.
Holdings Overlap
We hold position weights for 102 holdings in QQQ and 10 in SNAV, totalling 99.9% and 100.0% 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 10 in SNAV, against full books of 107 and 11.
What only one of them owns
Measured across the 102 and 10 positions we hold weights for.
QQQ holds 95 positions SNAV does not, 97.0% of the fund.
Largest: NVDA 8.44%, AAPL 7.27%, MSFT 5.76%, AMZN 4.67%, MU 4.43%
You are not choosing between two funds in isolation.
Whichever of QQQ and SNAV 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 SNAV?
QQQ has an expense ratio of 0.18% while SNAV charges 1.59%. QQQ is the cheaper option, by $141 a year on a $10,000 investment.
Which performed better, QQQ or SNAV?
Over the past year QQQ returned +22.98% vs +13.32% for SNAV, so QQQ leads on 1-year performance. Over the longest common window we track (4 years), QQQ annualized +30.16% vs +13.61% for SNAV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QQQ or SNAV?
QQQ has been the more volatile fund at 17.1% annualized versus 11.6% for SNAV. Worst drawdown: QQQ -22.8% vs SNAV -16.6%.
Should I hold both QQQ and SNAV?
QQQ and SNAV have a monthly-return correlation of 0.78, 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 SNAV?
QQQ yields 0.44% while SNAV yields 0.00%, so QQQ currently pays the higher dividend yield.
Is SNAV better than QQQ?
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y and the full window. QQQ is less concentrated, with 46.5% of the fund in its ten largest positions against 100.0%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.