QQQ vs SPCX
Invesco QQQ Trust, Series 1 vs The SPAC and New Issue ETF
Which is better, QQQ or SPCX?
Large Cap Growth against Multi Alternative.
QQQ has a lower expense ratio. QQQ led over 1Y.
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 | SPCX |
|---|---|---|
| Expense Ratio | 0.18%Best | 2.32% |
| AUM | $483.5B | $7M |
| Dividend Yield | 0.44% | 16.50% |
| Holdings | 107 | 42 |
| YTD Return | +15.86%Best | -7.93% |
| 1Y Return | +22.63% | - |
| 3Y Return (annualized) | +24.15% | - |
| 5Y Return (annualized) | +14.16% | - |
| 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: Volatility (annualized), Max Drawdown, $10,000 over the window, Top 10 Weight.
QQQ vs SPCX 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
QQQ vs SPCX Performance
Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US) and The SPAC and New Issue ETF (SPCX) is an ETF from AXS Investments. Year to date, QQQ is up 15.86% versus a loss of 7.93% for SPCX.
Past performance does not guarantee future results.
Fees and Cost Over Time
QQQ charges 0.18% per year while SPCX 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 16.50% for SPCX.
Holdings Overlap
We hold position weights for 102 holdings in QQQ and 36 in SPCX, totalling 99.9% and 94.0% 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 250 days apart, QQQ as of Aug 5, 2026 and SPCX as of Nov 28, 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 36 in SPCX, against full books of 107 and 42.
You are not choosing between two funds in isolation.
Whichever of QQQ and SPCX 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 SPCX?
QQQ has an expense ratio of 0.18% while SPCX charges 2.32%. QQQ is the cheaper option, by $214 a year on a $10,000 investment.
Which pays a higher dividend, QQQ or SPCX?
QQQ yields 0.44% while SPCX yields 16.50%, so SPCX currently pays the higher dividend yield.
Is SPCX better than QQQ?
QQQ has a lower expense ratio. QQQ led over 1Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.