QQQ vs SPYC
Invesco QQQ Trust, Series 1 vs Simplify US Equity PLUS Convexity ETF
Which is better, QQQ or SPYC?
Large Cap Growth against Large Cap Blend.
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 | SPYC |
|---|---|---|
| Expense Ratio | 0.18%Best | 0.53% |
| AUM | $483.5B | $115M |
| Dividend Yield | 0.44% | 0.86% |
| Holdings | 107 | 24 |
| YTD Return | +17.95%Best | +7.84% |
| 1Y Return | +21.77%Best | +8.61% |
| 3Y Return (annualized) | +25.63%Best | +17.98% |
| 5Y Return (annualized) | +15.24%Best | +9.23% |
| Volatility (annualized) | 20.1% | 16.5%Best |
| Max Drawdown | -35.1% | -28.5%Best |
| $10,000 over 5 years | $20,324Best | $15,549 |
| Fund Family | Invesco (US) | Simplify Exchange Traded Funds |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Blend |
| Inception | Mar 10, 1999 | Sep 3, 2020 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Sep 4, 2020 to Sep 18, 2026 (6 years).
QQQ vs SPYC 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 6 years both funds cover.
QQQ vs SPYC Performance
Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US) and Simplify US Equity PLUS Convexity ETF (SPYC) is an ETF from Simplify Exchange Traded Funds. Over the past year QQQ returned +21.77% while SPYC returned +8.61%. Year to date, QQQ is up 17.95% versus a gain of 7.84% for SPYC.
Over three years, QQQ compounded at +25.63% per year against +17.98% for SPYC; over five years the annualized figures are +15.24% and +9.23% respectively. Across the full 6-year window we track, QQQ has the edge at +17.36% annualized vs +12.00%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 20.1% compared with 16.5% for SPYC. 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 -28.5% for SPYC. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.89. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
QQQ charges 0.18% per year while SPYC charges 0.53%. On a $10,000 position that is $18 vs $53 annually, a gap of $35 per year that compounds over a long holding period. On income, QQQ currently yields 0.44% against 0.86% for SPYC.
Holdings Overlap
We hold position weights for 102 holdings in QQQ and 1 in SPYC, totalling 99.9% and 0.0% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 102 positions we hold weights for in QQQ and 1 in SPYC, against full books of 107 and 24.
You are not choosing between two funds in isolation.
Whichever of QQQ and SPYC 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 SPYC?
QQQ has an expense ratio of 0.18% while SPYC charges 0.53%. QQQ is the cheaper option, by $35 a year on a $10,000 investment.
Which performed better, QQQ or SPYC?
Over the past year QQQ returned +21.77% vs +8.61% for SPYC, so QQQ leads on 1-year performance. Over the longest common window we track (6 years), QQQ annualized +17.36% vs +12.00% for SPYC. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QQQ or SPYC?
QQQ has been the more volatile fund at 20.1% annualized versus 16.5% for SPYC. Worst drawdown: QQQ -35.1% vs SPYC -28.5%.
Should I hold both QQQ and SPYC?
QQQ and SPYC have a monthly-return correlation of 0.89, 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 SPYC?
QQQ yields 0.44% while SPYC yields 0.86%, so SPYC currently pays the higher dividend yield.
Is SPYC 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.