QQQ vs SPUS
Invesco QQQ Trust, Series 1 vs SP Funds S&P 500 Sharia Industry Exclusions ETF
Quick Verdict
QQQ has a lower expense ratio. SPUS delivered stronger 1-year returns. SPUS offers more diversification with 218 holdings.
Side-by-Side Comparison
| Metric | QQQ | SPUS | Winner |
|---|---|---|---|
| Expense Ratio | 0.18% | 0.45% | |
| AUM | $455.8B | $2.8B | |
| Dividend Yield | 0.41% | 0.72% | |
| Holdings | 108 | 216 | |
| YTD Return | +18.31% | +15.80% | |
| 1Y Return | +25.37% | +26.19% | |
| 3Y Return (annualized) | +25.79% | +23.47% | |
| 5Y Return (annualized) | +15.20% | +15.31% | |
| Volatility (annualized) | 30.6% | 18.1% | |
| Max Drawdown | -83.0% | -30.8% | |
| Fund Family | Invesco (US) | SP Funds | |
| Category | Equity | Equity | |
| Inception | Mar 10, 1999 | Dec 17, 2019 |
QQQ vs SPUS Performance
Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US) and SP Funds S&P 500 Sharia Industry Exclusions ETF (SPUS) is a ETF from SP Funds. Over the past year QQQ returned +25.37% while SPUS returned +26.19%. Year to date, QQQ is up 18.31% versus a gain of 15.80% for SPUS.
Over three years, QQQ compounded at +25.79% per year against +23.47% for SPUS; over five years the annualized figures are +15.20% and +15.31% respectively. Across the full 7-year window we track, SPUS has the edge at +18.53% annualized vs +13.10%. 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 18.1% for SPUS. 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 -30.8% for SPUS. 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 0.97. 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 SPUS charges 0.45%. On a $10,000 position that is $18 vs $45 annually, a gap of $27 per year that compounds over a long holding period. On income, QQQ currently yields 0.41% against 0.72% for SPUS.
Holdings Overlap
QQQ and SPUS share 53 holdings out of 268 unique holdings combined, representing a 49.2% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, QQQ or SPUS?
QQQ has an expense ratio of 0.18% while SPUS charges 0.45%. QQQ is the cheaper option. On a $10,000 investment, that is $27 per year of difference.
Which performed better, QQQ or SPUS?
Over the past year QQQ returned +25.37% vs +26.19% for SPUS, so SPUS leads on 1-year performance. Over the longest common window we track (7 years), QQQ annualized +13.10% vs +18.53% for SPUS. Past performance does not guarantee future results.
Which is riskier, QQQ or SPUS?
QQQ has been the more volatile fund at 30.6% annualized versus 18.1% for SPUS. Worst drawdown: QQQ -83.0% vs SPUS -30.8%.
Should I hold both QQQ and SPUS?
QQQ and SPUS have a monthly-return correlation of 0.97, 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 SPUS?
QQQ and SPUS share 53 common holdings with a 49.2% weight overlap. Combined, they hold 268 unique securities.
Which pays a higher dividend, QQQ or SPUS?
QQQ yields 0.41% while SPUS yields 0.72%, so SPUS currently pays the higher dividend yield.
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