QQQ vs SNAV
Invesco QQQ Trust, Series 1 vs Mohr Sector Nav ETF
Quick Verdict
QQQ has a lower expense ratio. QQQ delivered stronger 1-year returns. QQQ offers more diversification with 108 holdings.
Side-by-Side Comparison
| Metric | QQQ | SNAV | Winner |
|---|---|---|---|
| Expense Ratio | 0.18% | 1.59% | |
| AUM | $496.3B | $31M | |
| Dividend Yield | 0.44% | 0.00% | |
| Holdings | 108 | 11 | |
| YTD Return | +16.23% | +11.14% | |
| 1Y Return | +26.23% | +17.30% | |
| 3Y Return (annualized) | +25.75% | +14.55% | |
| 5Y Return (annualized) | +14.78% | - | |
| Volatility (annualized) | 30.6% | 11.7% | |
| Max Drawdown | -83.0% | -16.6% | |
| Fund Family | Invesco (US) | Mohr Funds | |
| Category | Equity | Equity | |
| Inception | Mar 10, 1999 | Jan 10, 2023 |
QQQ vs SNAV Performance
Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US) and Mohr Sector Nav ETF (SNAV) is a ETF from Mohr Funds. Over the past year QQQ returned +26.23% while SNAV returned +17.30%. Year to date, QQQ is up 16.23% versus a gain of 11.14% for SNAV.
Over three years, QQQ compounded at +25.75% per year against +14.55% for SNAV. Across the full 4-year window we track, SNAV has the edge at +14.02% annualized vs +13.02%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% compared with 11.7% 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 -83.0% for QQQ and -16.6% for SNAV. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
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
QQQ and SNAV share 0 holdings out of 112 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 SNAV?
QQQ has an expense ratio of 0.18% while SNAV charges 1.59%. QQQ is the cheaper option. On a $10,000 investment, that is $141 per year of difference.
Which performed better, QQQ or SNAV?
Over the past year QQQ returned +26.23% vs +17.30% for SNAV, so QQQ leads on 1-year performance. Over the longest common window we track (4 years), QQQ annualized +13.02% vs +14.02% for SNAV. Past performance does not guarantee future results.
Which is riskier, QQQ or SNAV?
QQQ has been the more volatile fund at 30.6% annualized versus 11.7% for SNAV. Worst drawdown: QQQ -83.0% vs SNAV -16.6%.
Should I hold both QQQ and SNAV?
QQQ and SNAV have a monthly-return correlation of 0.78, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between QQQ and SNAV?
QQQ and SNAV share 0 common holdings with a 0.0% weight overlap. Combined, they hold 112 unique securities.
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.
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