QQQ vs SYZ
Invesco QQQ Trust, Series 1 vs Lazard US Systematic Small Cap Equity ETF
Which is better, QQQ or SYZ?
Large Cap Growth against Small Cap Blend.
QQQ has a lower expense ratio. QQQ led over 1Y. SYZ is less concentrated, with 7.3% of the fund in its ten largest positions against 46.5%.
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 | SYZ |
|---|---|---|
| Expense Ratio | 0.18%Best | 0.61% |
| AUM | $483.5B | - |
| Dividend Yield | 0.44% | 0.24% |
| Holdings | 107 | 386 |
| YTD Return | +15.94% | +16.89%Best |
| 1Y Return | +20.44%Best | +18.67% |
| 3Y Return (annualized) | +24.86% | - |
| 5Y Return (annualized) | +14.26% | - |
| Volatility (annualized) | 22.0% | 14.2%Best |
| Top 10 Weight | 46.5% | 7.3%Best |
| Fund Family | Invesco (US) | Lazard Asset Management |
| Category | Equity | Equity |
| Style | Large Cap Growth | Small Cap Blend |
| Inception | Mar 10, 1999 | Oct 29, 2021 |
Not shown on this pair: Max Drawdown, $10,000 over the window.
QQQ vs SYZ 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
QQQ vs SYZ Performance
Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US) and Lazard US Systematic Small Cap Equity ETF (SYZ) is an ETF from Lazard Asset Management. Over the past year QQQ returned +20.44% while SYZ returned +18.67%. Year to date, QQQ is up 15.94% versus a gain of 16.89% for SYZ.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 22.0% compared with 14.2% for SYZ. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The two funds' monthly returns correlate at 0.64. They move together some of the time, and apart the rest.
Fees and Cost Over Time
QQQ charges 0.18% per year while SYZ charges 0.61%. On a $10,000 position that is $18 vs $61 annually, a gap of $43 per year that compounds over a long holding period. On income, QQQ currently yields 0.44% against 0.24% for SYZ.
Holdings Overlap
We hold position weights for 102 holdings in QQQ and 430 in SYZ, totalling 99.9% and 99.1% 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 430 in SYZ, against full books of 107 and 386.
What only one of them owns
Our book lists 377 positions for SYZ that do not appear in our book for QQQ (90.1% of the fund), and 96 for QQQ that do not appear in SYZ (97.5%).
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.
You are not choosing between two funds in isolation.
Whichever of QQQ and SYZ 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 SYZ?
QQQ has an expense ratio of 0.18% while SYZ charges 0.61%. QQQ is the cheaper option, by $43 a year on a $10,000 investment.
Which performed better, QQQ or SYZ?
Over the past year QQQ returned +20.44% vs +18.67% for SYZ, 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 SYZ?
QQQ has been the more volatile fund at 22.0% annualized versus 14.2% for SYZ.
Should I hold both QQQ and SYZ?
QQQ and SYZ have a monthly-return correlation of 0.64, 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 SYZ?
QQQ yields 0.44% while SYZ yields 0.24%, so QQQ currently pays the higher dividend yield.
Is SYZ better than QQQ?
QQQ has a lower expense ratio. QQQ led over 1Y. SYZ is less concentrated, with 7.3% of the fund in its ten largest positions against 46.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.