QQQ vs SPBC
Invesco QQQ Trust, Series 1 vs Simplify US Equity PLUS Bitcoin Strategy ETF
Quick Verdict
QQQ has a lower expense ratio. QQQ delivered stronger 1-year returns. QQQ offers more diversification with 103 holdings.
Side-by-Side Comparison
| Metric | QQQ | SPBC | Winner |
|---|---|---|---|
| Expense Ratio | 0.18% | 0.54% | |
| AUM | $455.8B | $44M | |
| Dividend Yield | 0.41% | 0.85% | |
| Holdings | 108 | 4 | |
| YTD Return | +17.46% | +9.66% | |
| 1Y Return | +26.02% | +15.16% | |
| 3Y Return (annualized) | +25.51% | +25.98% | |
| 5Y Return (annualized) | +15.12% | +14.78% | |
| Volatility (annualized) | 30.6% | 19.8% | |
| Max Drawdown | -83.0% | -33.8% | |
| Fund Family | Invesco (US) | Simplify Exchange Traded Funds | |
| Category | Equity | Alternative | |
| Inception | Mar 10, 1999 | May 24, 2021 |
QQQ vs SPBC Performance
Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US) and Simplify US Equity PLUS Bitcoin Strategy ETF (SPBC) is a ETF from Simplify Exchange Traded Funds. Over the past year QQQ returned +26.02% while SPBC returned +15.16%. Year to date, QQQ is up 17.46% versus a gain of 9.66% for SPBC.
Over three years, QQQ compounded at +25.51% per year against +25.98% for SPBC; over five years the annualized figures are +15.12% and +14.78% respectively. Across the full 5-year window we track, SPBC has the edge at +15.99% annualized vs +13.08%. 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 19.8% for SPBC. 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 -33.8% for SPBC. 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 0.89. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
QQQ charges 0.18% per year while SPBC charges 0.54%. On a $10,000 position that is $18 vs $54 annually, a gap of $36 per year that compounds over a long holding period. On income, QQQ currently yields 0.41% against 0.85% for SPBC.
Holdings Overlap
QQQ and SPBC share 0 holdings out of 105 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 SPBC?
QQQ has an expense ratio of 0.18% while SPBC charges 0.54%. QQQ is the cheaper option. On a $10,000 investment, that is $36 per year of difference.
Which performed better, QQQ or SPBC?
Over the past year QQQ returned +26.02% vs +15.16% for SPBC, so QQQ leads on 1-year performance. Over the longest common window we track (5 years), QQQ annualized +13.08% vs +15.99% for SPBC. Past performance does not guarantee future results.
Which is riskier, QQQ or SPBC?
QQQ has been the more volatile fund at 30.6% annualized versus 19.8% for SPBC. Worst drawdown: QQQ -83.0% vs SPBC -33.8%.
Should I hold both QQQ and SPBC?
QQQ and SPBC have a monthly-return correlation of 0.89, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between QQQ and SPBC?
QQQ and SPBC share 0 common holdings with a 0.0% weight overlap. Combined, they hold 105 unique securities.
Which pays a higher dividend, QQQ or SPBC?
QQQ yields 0.41% while SPBC yields 0.85%, so SPBC currently pays the higher dividend yield.
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