QQQ vs SXQG
Invesco QQQ Trust, Series 1 vs ETC 6 Meridian Quality Growth ETF
Which is better, QQQ or SXQG?
QQQ has been ahead.
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window. SXQG is less concentrated, with 43.1% of the fund in its ten largest positions against 47.2%.
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 | SXQG |
|---|---|---|
| Expense Ratio | 0.18%Best | 0.55% |
| AUM | $498.6B | $61M |
| Dividend Yield | 0.42% | 0.00% |
| Holdings | 321 | 235 |
| YTD Return | +22.35%Best | +4.37% |
| 1Y Return | +22.84%Best | +1.87% |
| 3Y Return (annualized) | +27.55%Best | +12.51% |
| 5Y Return (annualized) | +16.36%Best | +6.39% |
| Volatility (annualized) | 20.4% | 16.4%Best |
| Max Drawdown | -35.1% | -34.0%Best |
| $10,000 over 5 years | $21,331Best | $13,630 |
| Top 10 Weight | 47.2% | 43.1%Best |
| Fund Family | Invesco (US) | 6 Meridian ETF |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | Mar 10, 1999 | May 10, 2021 |
Volatility and max drawdown are measured over the window both funds cover: May 11, 2021 to Oct 8, 2026 (5.4 years).
QQQ vs SXQG 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 5.4 years both funds cover.
QQQ vs SXQG Performance
Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US) and ETC 6 Meridian Quality Growth ETF (SXQG) is an ETF from 6 Meridian ETF. Over the past year QQQ returned +22.84% while SXQG returned +1.87%. Year to date, QQQ is up 22.35% versus a gain of 4.37% for SXQG.
Over three years, QQQ compounded at +27.55% per year against +12.51% for SXQG; over five years the annualized figures are +16.36% and +6.39% respectively.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 20.4% compared with 16.4% for SXQG. 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 -34.0% for SXQG. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.85. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
QQQ charges 0.18% per year while SXQG charges 0.55%. On a $10,000 position that is $18 vs $55 annually, a gap of $37 per year that compounds over a long holding period. On income, QQQ currently yields 0.42% against 0.00% for SXQG.
Holdings Overlap
42.9% of QQQ's money is in holdings SXQG also owns. 58.0% of SXQG's money is in holdings QQQ also owns.
The two portfolios partly overlap.
28 positions in common, counted across the 102 positions we hold weights for in QQQ and 83 in SXQG, against full books of 321 and 235.
What only one of them owns
Our book lists 51 positions for SXQG that do not appear in our book for QQQ (39.3% of the fund), and 68 for QQQ that do not appear in SXQG (54.9%).
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 SXQG | Difference |
|---|---|---|---|
| NVDANvidia Corp | 8.45% | 4.64% | 3.81% |
| AAPLApple, Inc | 7.80% | 5.17% | 2.63% |
| MSFTMicrosoft Corp | 5.88% | 4.94% | 0.94% |
| MUMicron Technology, Inc. | 4.85% | 3.95% | 0.90% |
| GOOGLAlphabet Inc,class A | 3.15% | 4.97% | 1.82% |
| COSTCostco Wholesale Corp. | 1.77% | 3.83% | 2.06% |
| PLTRPalantir Technologies Inc | 1.69% | 3.80% | 2.11% |
| PANWPalo Alto Networks, Inc | 1.19% | 3.18% | 1.99% |
| SNDKSandisk Corp/De | 1.07% | 2.56% | 1.49% |
| CRWDCrowdstrike Holdings Inc | 0.93% | 2.62% | 1.69% |
58.0% of SXQG 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 SXQG?
QQQ has an expense ratio of 0.18% while SXQG charges 0.55%. QQQ is the cheaper option, by $37 a year on a $10,000 investment.
Which performed better, QQQ or SXQG?
Over the past year QQQ returned +22.84% vs +1.87% for SXQG, so QQQ leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QQQ or SXQG?
QQQ has been the more volatile fund at 20.4% annualized versus 16.4% for SXQG. Worst drawdown: QQQ -35.1% vs SXQG -34.0%.
Should I hold both QQQ and SXQG?
QQQ and SXQG have a monthly-return correlation of 0.85, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between QQQ and SXQG?
58.0% of SXQG's money is in holdings QQQ also owns. 58.0% of SXQG's is in holdings QQQ also owns. They hold 28 positions in common, counted across the 102 positions we hold weights for in QQQ and 83 in SXQG.
Which pays a higher dividend, QQQ or SXQG?
QQQ yields 0.42% while SXQG yields 0.00%, so QQQ currently pays the higher dividend yield.
Is SXQG better than QQQ?
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window. SXQG is less concentrated, with 43.1% of the fund in its ten largest positions against 47.2%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.