QQQ vs SUSL
Invesco QQQ Trust, Series 1 vs iShares ESG MSCI USA Leaders ETF
Which is better, QQQ or SUSL?
Large Cap Growth against Large Cap Blend.
SUSL has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.92. QQQ is less concentrated, with 46.5% of the fund in its ten largest positions against 47.9%.
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 | SUSL |
|---|---|---|
| Expense Ratio | 0.18% | 0.10%Best |
| AUM | $483.5B | $1.2B |
| Dividend Yield | 0.44% | 0.95% |
| Holdings | 107 | 269 |
| YTD Return | +17.95%Best | +12.30% |
| 1Y Return | +21.77%Best | +18.36% |
| 3Y Return (annualized) | +25.63%Best | +21.43% |
| 5Y Return (annualized) | +15.24%Best | +13.40% |
| Volatility (annualized) | 20.3% | 17.0%Best |
| Max Drawdown | -35.1% | -34.3%Best |
| $10,000 over 5 years | $20,324Best | $18,753 |
| Top 10 Weight | 46.5%Best | 47.9% |
| Fund Family | Invesco (US) | iShares by BlackRock (US) |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Blend |
| Inception | Mar 10, 1999 | May 7, 2019 |
Volatility and max drawdown are measured over the window both funds cover: May 10, 2019 to Sep 18, 2026 (7.4 years).
QQQ vs SUSL 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 7.4 years both funds cover.
QQQ vs SUSL Performance
Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US) and iShares ESG MSCI USA Leaders ETF (SUSL) is an ETF from iShares by BlackRock (US). Over the past year QQQ returned +21.77% while SUSL returned +18.36%. Year to date, QQQ is up 17.95% versus a gain of 12.30% for SUSL.
Over three years, QQQ compounded at +25.63% per year against +21.43% for SUSL; over five years the annualized figures are +15.24% and +13.40% respectively. Across the full 7-year window we track, QQQ has the edge at +20.84% annualized vs +16.13%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 20.3% compared with 17.0% for SUSL. 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 -34.3% for SUSL. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.92. 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 SUSL charges 0.10%. On a $10,000 position that is $18 vs $10 annually, a gap of $8 per year that compounds over a long holding period. On income, QQQ currently yields 0.44% against 0.95% for SUSL.
Holdings Overlap
48.3% of QQQ's money is in holdings SUSL also owns. 54.1% of SUSL's money is in holdings QQQ also owns.
The two portfolios partly overlap.
43 positions in common, counted across the 102 positions we hold weights for in QQQ and 251 in SUSL, against full books of 107 and 269.
What only one of them owns
Our book lists 201 positions for SUSL that do not appear in our book for QQQ (45.3% of the fund), and 53 for QQQ that do not appear in SUSL (49.3%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in QQQ | Weight in SUSL | Difference |
|---|---|---|---|
| NVDANvidia Corp | 8.44% | 14.56% | 6.12% |
| MSFTMicrosoft Corp | 5.76% | 10.27% | 4.51% |
| GOOGLAlphabet Inc,class A | 3.36% | 5.71% | 2.35% |
| GOOGAlphabet Inc | 3.13% | 4.50% | 1.37% |
| AMDAdvanced Micro Devices Inc | 3.45% | 2.20% | 1.25% |
| TSLATesla Inc | 2.56% | 3.02% | 0.46% |
| COSTCostco Wholesale Corp. | 1.84% | 1.20% | 0.64% |
| AMATApplied Materials, Inc. | 1.86% | 1.04% | 0.82% |
| LRCXLam Research Corp 3.125 06/15/2060 | 1.69% | 1.08% | 0.61% |
| PANWPalo Alto Networks, Inc | 1.30% | 0.89% | 0.41% |
54.1% of SUSL is already inside QQQ.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, QQQ or SUSL?
QQQ has an expense ratio of 0.18% while SUSL charges 0.10%. SUSL is the cheaper option, by $8 a year on a $10,000 investment.
Which performed better, QQQ or SUSL?
Over the past year QQQ returned +21.77% vs +18.36% for SUSL, so QQQ leads on 1-year performance. Over the longest common window we track (7 years), QQQ annualized +20.84% vs +16.13% for SUSL. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QQQ or SUSL?
QQQ has been the more volatile fund at 20.3% annualized versus 17.0% for SUSL. Worst drawdown: QQQ -35.1% vs SUSL -34.3%.
Should I hold both QQQ and SUSL?
QQQ and SUSL have a monthly-return correlation of 0.92, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between QQQ and SUSL?
54.1% of SUSL's money is in holdings QQQ also owns. 54.1% of SUSL's is in holdings QQQ also owns. They hold 43 positions in common, counted across the 102 positions we hold weights for in QQQ and 251 in SUSL.
Which pays a higher dividend, QQQ or SUSL?
QQQ yields 0.44% while SUSL yields 0.95%, so SUSL currently pays the higher dividend yield.
Is SUSL better than QQQ?
SUSL has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.92. QQQ is less concentrated, with 46.5% of the fund in its ten largest positions against 47.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.