QQQ vs SPCK
Invesco QQQ Trust, Series 1 vs The SPAC and New Issue ETF
Which is better, QQQ or SPCK?
Large Cap Growth against Multi Alternative.
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window.
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 | SPCK |
|---|---|---|
| Expense Ratio | 0.18%Best | 2.32% |
| AUM | $486.1B | $9M |
| Dividend Yield | 0.44% | 16.36% |
| Holdings | 107 | 49 |
| YTD Return | +17.44%Best | +1.03% |
| 1Y Return | +24.69%Best | +4.47% |
| 3Y Return (annualized) | +24.76%Best | +3.58% |
| 5Y Return (annualized) | +14.22%Best | -1.49% |
| Volatility (annualized) | 19.9% | 8.3%Best |
| Max Drawdown | -35.1% | -28.3%Best |
| $10,000 over 5 years | $19,441Best | $9,277 |
| Fund Family | Invesco (US) | AXS Investments |
| Category | Equity | Alternative |
| Style | Large Cap Growth | Multi Alternative |
| Inception | Mar 10, 1999 | Dec 15, 2020 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Dec 16, 2020 to Sep 8, 2026 (5.7 years).
QQQ vs SPCK 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 5.7 years both funds cover.
QQQ vs SPCK Performance
Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US) and The SPAC and New Issue ETF (SPCK) is an ETF from AXS Investments. Over the past year QQQ returned +24.69% while SPCK returned +4.47%. Year to date, QQQ is up 17.44% versus a gain of 1.03% for SPCK.
Over three years, QQQ compounded at +24.76% per year against +3.58% for SPCK; over five years the annualized figures are +14.22% and -1.49% respectively. Across the full 6-year window we track, QQQ has the edge at +16.53% annualized vs +1.06%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 19.9% compared with 8.3% for SPCK. 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 -28.3% for SPCK. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.18. They move largely independently of each other.
Fees and Cost Over Time
QQQ charges 0.18% per year while SPCK charges 2.32%. On a $10,000 position that is $18 vs $232 annually, a gap of $214 per year that compounds over a long holding period. On income, QQQ currently yields 0.44% against 16.36% for SPCK.
Holdings Overlap
We hold position weights for 102 holdings in QQQ and 37 in SPCK, totalling 99.9% and 89.8% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
The two holdings books were reported 217 days apart, QQQ as of Aug 5, 2026 and SPCK as of Dec 31, 2025, so some of the difference between them is the time between the two reports rather than the funds.
0 positions in common, counted across the 102 positions we hold weights for in QQQ and 37 in SPCK, against full books of 107 and 49.
You are not choosing between two funds in isolation.
Whichever of QQQ and SPCK you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, QQQ or SPCK?
QQQ has an expense ratio of 0.18% while SPCK charges 2.32%. QQQ is the cheaper option, by $214 a year on a $10,000 investment.
Which performed better, QQQ or SPCK?
Over the past year QQQ returned +24.69% vs +4.47% for SPCK, so QQQ leads on 1-year performance. Over the longest common window we track (6 years), QQQ annualized +16.53% vs +1.06% for SPCK. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QQQ or SPCK?
QQQ has been the more volatile fund at 19.9% annualized versus 8.3% for SPCK. Worst drawdown: QQQ -35.1% vs SPCK -28.3%.
Should I hold both QQQ and SPCK?
QQQ and SPCK have a monthly-return correlation of 0.18, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, QQQ or SPCK?
QQQ yields 0.44% while SPCK yields 16.36%, so SPCK currently pays the higher dividend yield.
Is SPCK better than QQQ?
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.