QQQ vs SPPP

Quick Verdict

QQQ has a lower expense ratio. QQQ delivered stronger 1-year returns. QQQ offers more diversification with 103 holdings.

Lower Fees: QQQHigher Returns: QQQMore Diversified: QQQ

Side-by-Side Comparison

MetricQQQSPPPWinner
Expense Ratio0.18%1.01%
AUM$455.8B$573M
Dividend Yield0.41%0.00%
Holdings1084
YTD Return+18.31%-17.93%
1Y Return+25.37%+20.51%
3Y Return (annualized)+25.79%+9.24%
5Y Return (annualized)+15.20%-4.34%
Volatility (annualized)30.6%24.1%
Max Drawdown-83.0%-59.1%
Fund FamilyInvesco (US)Sprott Asset Management LP
CategoryEquityCommodity
InceptionMar 10, 1999Dec 18, 2012

QQQ vs SPPP Performance

Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US) and Sprott Physical Platinum and Palladium Trust (SPPP) is a ETF from Sprott Asset Management LP. Over the past year QQQ returned +25.37% while SPPP returned +20.51%. Year to date, QQQ is up 18.31% versus a loss of 17.93% for SPPP.

Over three years, QQQ compounded at +25.79% per year against +9.24% for SPPP; over five years the annualized figures are +15.20% and -4.34% respectively. Across the full 14-year window we track, QQQ has the edge at +13.10% annualized vs +2.72%. 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 24.1% for SPPP. 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 -59.1% for SPPP. 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 0.16. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

QQQ charges 0.18% per year while SPPP charges 1.01%. On a $10,000 position that is $18 vs $101 annually, a gap of $83 per year that compounds over a long holding period. On income, QQQ currently yields 0.41% against 0.00% for SPPP.

Frequently Asked Questions

Which is cheaper, QQQ or SPPP?

QQQ has an expense ratio of 0.18% while SPPP charges 1.01%. QQQ is the cheaper option. On a $10,000 investment, that is $83 per year of difference.

Which performed better, QQQ or SPPP?

Over the past year QQQ returned +25.37% vs +20.51% for SPPP, so QQQ leads on 1-year performance. Over the longest common window we track (14 years), QQQ annualized +13.10% vs +2.72% for SPPP. Past performance does not guarantee future results.

Which is riskier, QQQ or SPPP?

QQQ has been the more volatile fund at 30.6% annualized versus 24.1% for SPPP. Worst drawdown: QQQ -83.0% vs SPPP -59.1%.

Should I hold both QQQ and SPPP?

QQQ and SPPP have a monthly-return correlation of 0.16, so combining them can provide real diversification depending on your allocation goals.

Which pays a higher dividend, QQQ or SPPP?

QQQ yields 0.41% while SPPP yields 0.00%, so QQQ currently pays the higher dividend yield.

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