QQQ vs SNPE
Invesco QQQ Trust, Series 1 vs Xtrackers S&P 500 Scored & Screened ETF
Which is better, QQQ or SNPE?
Large Cap Growth against Large Cap Blend.
SNPE has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.92. SNPE is less concentrated, with 40.9% of the fund in its ten largest positions against 46.5%.
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 | SNPE |
|---|---|---|
| Expense Ratio | 0.18% | 0.10%Best |
| AUM | $483.5B | $2.9B |
| Dividend Yield | 0.44% | 0.92% |
| Holdings | 107 | 333 |
| YTD Return | +15.18%Best | +11.19% |
| 1Y Return | +19.65%Best | +18.24% |
| 3Y Return (annualized) | +24.60%Best | +20.73% |
| 5Y Return (annualized) | +13.94%Best | +13.29% |
| Volatility (annualized) | 20.3% | 16.6%Best |
| Max Drawdown | -35.1% | -33.8%Best |
| $10,000 over 5 years | $19,204Best | $18,662 |
| Top 10 Weight | 46.5% | 40.9%Best |
| Fund Family | Invesco (US) | Xtrackers ETFs |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Blend |
| Inception | Mar 10, 1999 | Jun 25, 2019 |
Volatility and max drawdown are measured over the window both funds cover: Jun 26, 2019 to Sep 15, 2026 (7.2 years).
QQQ vs SNPE 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 7.2 years both funds cover.
QQQ vs SNPE Performance
Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US) and Xtrackers S&P 500 Scored & Screened ETF (SNPE) is an ETF from Xtrackers ETFs. Over the past year QQQ returned +19.65% while SNPE returned +18.24%. Year to date, QQQ is up 15.18% versus a gain of 11.19% for SNPE.
Over three years, QQQ compounded at +24.60% per year against +20.73% for SNPE; over five years the annualized figures are +13.94% and +13.29% respectively. Across the full 7-year window we track, QQQ has the edge at +20.81% annualized vs +16.29%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 20.3% compared with 16.6% for SNPE. 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 -35.1% for QQQ and -33.8% for SNPE. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.92. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
QQQ charges 0.18% per year while SNPE charges 0.10%. On a $10,000 position that is $18 vs $10 annually, a gap of $8 per year that compounds over a long holding period. On income, QQQ currently yields 0.44% against 0.92% for SNPE.
Holdings Overlap
58.5% of QQQ's money is in holdings SNPE also owns. 51.0% of SNPE's money is in holdings QQQ also owns.
The two portfolios partly overlap.
52 positions in common, counted across the 102 positions we hold weights for in QQQ and 326 in SNPE, against full books of 107 and 333.
What only one of them owns
Our book lists 268 positions for SNPE that do not appear in our book for QQQ (48.0% of the fund), and 44 for QQQ that do not appear in SNPE (39.0%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in QQQ | Weight in SNPE | Difference |
|---|---|---|---|
| NVDANvidia Corp | 8.44% | 13.30% | 4.86% |
| MSFTMicrosoft Corp | 5.76% | 9.03% | 3.27% |
| GOOGLAlphabet Inc,class A | 3.36% | 4.84% | 1.48% |
| MUMicron Technology, Inc. | 4.43% | 2.64% | 1.79% |
| GOOGAlphabet Inc | 3.13% | 3.86% | 0.73% |
| WMTWalmart, Inc. | 2.41% | 1.14% | 1.27% |
| INTCIntel Corporation | 2.23% | 1.09% | 1.14% |
| CSCOCisco Systems Inc. - Ordinary Shares | 2.10% | 1.06% | 1.04% |
| COSTCostco Wholesale Corp. | 1.84% | 1.01% | 0.83% |
| AMATApplied Materials, Inc. | 1.86% | 0.86% | 1.00% |
58.5% of QQQ is already inside SNPE.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, QQQ or SNPE?
QQQ has an expense ratio of 0.18% while SNPE charges 0.10%. SNPE is the cheaper option, by $8 a year on a $10,000 investment.
Which performed better, QQQ or SNPE?
Over the past year QQQ returned +19.65% vs +18.24% for SNPE, so QQQ leads on 1-year performance. Over the longest common window we track (7 years), QQQ annualized +20.81% vs +16.29% for SNPE. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QQQ or SNPE?
QQQ has been the more volatile fund at 20.3% annualized versus 16.6% for SNPE. Worst drawdown: QQQ -35.1% vs SNPE -33.8%.
Should I hold both QQQ and SNPE?
QQQ and SNPE have a monthly-return correlation of 0.92, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between QQQ and SNPE?
58.5% of QQQ's money is in holdings SNPE also owns. 51.0% of SNPE's is in holdings QQQ also owns. They hold 52 positions in common, counted across the 102 positions we hold weights for in QQQ and 326 in SNPE.
Which pays a higher dividend, QQQ or SNPE?
QQQ yields 0.44% while SNPE yields 0.92%, so SNPE currently pays the higher dividend yield.
Is SNPE better than QQQ?
SNPE has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.92. SNPE is less concentrated, with 40.9% of the fund in its ten largest positions against 46.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.