QQQ vs SPBU
Invesco QQQ Trust, Series 1 vs AllianzIM Buffer15 Uncapped Allocation 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 | SPBU | Winner |
|---|---|---|---|
| Expense Ratio | 0.18% | 0.79% | |
| AUM | $455.8B | $174M | |
| Dividend Yield | 0.41% | 0.00% | |
| Holdings | 108 | 13 | |
| YTD Return | +19.68% | +10.61% | |
| 1Y Return | +26.75% | +15.99% | |
| 3Y Return (annualized) | +26.25% | - | |
| 5Y Return (annualized) | +15.39% | - | |
| Volatility (annualized) | 30.6% | 9.4% | |
| Max Drawdown | -83.0% | -8.3% | |
| Fund Family | Invesco (US) | AllianzIM | |
| Category | Equity | Allocation/Balanced | |
| Inception | Mar 10, 1999 | Mar 5, 2025 |
QQQ vs SPBU Performance
Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US) and AllianzIM Buffer15 Uncapped Allocation ETF (SPBU) is a ETF from AllianzIM. Over the past year QQQ returned +26.75% while SPBU returned +15.99%. Year to date, QQQ is up 19.68% versus a gain of 10.61% for SPBU.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% compared with 9.4% for SPBU. 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 -8.3% for SPBU. 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 0.94. 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 SPBU charges 0.79%. On a $10,000 position that is $18 vs $79 annually, a gap of $61 per year that compounds over a long holding period. On income, QQQ currently yields 0.41% against 0.00% for SPBU.
Holdings Overlap
QQQ and SPBU share 0 holdings out of 115 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 SPBU?
QQQ has an expense ratio of 0.18% while SPBU charges 0.79%. QQQ is the cheaper option. On a $10,000 investment, that is $61 per year of difference.
Which performed better, QQQ or SPBU?
Over the past year QQQ returned +26.75% vs +15.99% for SPBU, so QQQ leads on 1-year performance. Over the longest common window we track (1 years), QQQ annualized +13.15% vs +17.48% for SPBU. Past performance does not guarantee future results.
Which is riskier, QQQ or SPBU?
QQQ has been the more volatile fund at 30.6% annualized versus 9.4% for SPBU. Worst drawdown: QQQ -83.0% vs SPBU -8.3%.
Should I hold both QQQ and SPBU?
QQQ and SPBU have a monthly-return correlation of 0.94, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.
What is the holdings overlap between QQQ and SPBU?
QQQ and SPBU share 0 common holdings with a 0.0% weight overlap. Combined, they hold 115 unique securities.
Which pays a higher dividend, QQQ or SPBU?
QQQ yields 0.41% while SPBU yields 0.00%, so QQQ currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.