QQQ vs SNOU
Invesco QQQ Trust, Series 1 vs T-REX 2X Long SNOW Daily Target ETF
Quick Verdict
QQQ has a lower expense ratio. SNOU delivered stronger 1-year returns. QQQ offers more diversification with 108 holdings.
Side-by-Side Comparison
| Metric | QQQ | SNOU | Winner |
|---|---|---|---|
| Expense Ratio | 0.18% | 1.50% | |
| AUM | $496.3B | $24M | |
| Dividend Yield | 0.44% | 4.68% | |
| Holdings | 108 | 3 | |
| YTD Return | +16.64% | +67.66% | |
| 1Y Return | +27.27% | +70.07% | |
| 3Y Return (annualized) | +25.96% | - | |
| 5Y Return (annualized) | +14.54% | - | |
| Volatility (annualized) | 30.6% | 208.5% | |
| Max Drawdown | -83.0% | -85.0% | |
| Fund Family | Invesco (US) | REX Shares | |
| Category | Equity | Alternative | |
| Inception | Mar 10, 1999 | Apr 25, 2025 |
QQQ vs SNOU Performance
Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US) and T-REX 2X Long SNOW Daily Target ETF (SNOU) is a ETF from REX Shares. Over the past year QQQ returned +27.27% while SNOU returned +70.07%. Year to date, QQQ is up 16.64% versus a gain of 67.66% for SNOU.
Risk: Volatility and Drawdowns
SNOU has been the more volatile fund, with annualized monthly volatility of 208.5% compared with 30.6% for QQQ. 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 -85.0% for SNOU. 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 0.42. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
QQQ charges 0.18% per year while SNOU charges 1.50%. On a $10,000 position that is $18 vs $150 annually, a gap of $132 per year that compounds over a long holding period. On income, QQQ currently yields 0.44% against 4.68% for SNOU.
Holdings Overlap
QQQ and SNOU share 0 holdings out of 103 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 SNOU?
QQQ has an expense ratio of 0.18% while SNOU charges 1.50%. QQQ is the cheaper option. On a $10,000 investment, that is $132 per year of difference.
Which performed better, QQQ or SNOU?
Over the past year QQQ returned +27.27% vs +70.07% for SNOU, so SNOU leads on 1-year performance. Over the longest common window we track (1 years), QQQ annualized +13.03% vs +90.42% for SNOU. Past performance does not guarantee future results.
Which is riskier, QQQ or SNOU?
SNOU has been the more volatile fund at 208.5% annualized versus 30.6% for QQQ. Worst drawdown: QQQ -83.0% vs SNOU -85.0%.
Should I hold both QQQ and SNOU?
QQQ and SNOU have a monthly-return correlation of 0.42, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between QQQ and SNOU?
QQQ and SNOU share 0 common holdings with a 0.0% weight overlap. Combined, they hold 103 unique securities.
Which pays a higher dividend, QQQ or SNOU?
QQQ yields 0.44% while SNOU yields 4.68%, so SNOU currently pays the higher dividend yield.
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