QQQ vs SZNE
Invesco QQQ Trust, Series 1 vs Pacer CFRA-Stovall Equal Weight Seasonal Rotation ETF
Quick Verdict
QQQ has a lower expense ratio. QQQ delivered stronger 1-year returns. SZNE offers more diversification with 230 holdings.
Side-by-Side Comparison
| Metric | QQQ | SZNE | Winner |
|---|---|---|---|
| Expense Ratio | 0.18% | 0.60% | |
| AUM | $496.3B | $13M | |
| Dividend Yield | 0.44% | 1.31% | |
| Holdings | 108 | 230 | |
| YTD Return | +15.47% | +8.58% | |
| 1Y Return | +24.44% | +15.54% | |
| 3Y Return (annualized) | +25.47% | +3.36% | |
| 5Y Return (annualized) | +14.22% | +1.43% | |
| Volatility (annualized) | 30.6% | 18.9% | |
| Max Drawdown | -83.0% | -40.4% | |
| Fund Family | Invesco (US) | Pacer ETFs | |
| Category | Equity | Equity | |
| Inception | Mar 10, 1999 | Jul 23, 2018 |
QQQ vs SZNE Performance
Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US) and Pacer CFRA-Stovall Equal Weight Seasonal Rotation ETF (SZNE) is a ETF from Pacer ETFs. Over the past year QQQ returned +24.44% while SZNE returned +15.54%. Year to date, QQQ is up 15.47% versus a gain of 8.58% for SZNE.
Over three years, QQQ compounded at +25.47% per year against +3.36% for SZNE; over five years the annualized figures are +14.22% and +1.43% respectively. Across the full 8-year window we track, QQQ has the edge at +12.99% annualized vs +6.37%. 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 18.9% for SZNE. 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 -40.4% for SZNE. 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 0.72. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
QQQ charges 0.18% per year while SZNE charges 0.60%. On a $10,000 position that is $18 vs $60 annually, a gap of $42 per year that compounds over a long holding period. On income, QQQ currently yields 0.44% against 1.31% for SZNE.
Holdings Overlap
QQQ and SZNE share 54 holdings out of 272 unique holdings combined, representing a 18.4% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, QQQ or SZNE?
QQQ has an expense ratio of 0.18% while SZNE charges 0.60%. QQQ is the cheaper option. On a $10,000 investment, that is $42 per year of difference.
Which performed better, QQQ or SZNE?
Over the past year QQQ returned +24.44% vs +15.54% for SZNE, so QQQ leads on 1-year performance. Over the longest common window we track (8 years), QQQ annualized +12.99% vs +6.37% for SZNE. Past performance does not guarantee future results.
Which is riskier, QQQ or SZNE?
QQQ has been the more volatile fund at 30.6% annualized versus 18.9% for SZNE. Worst drawdown: QQQ -83.0% vs SZNE -40.4%.
Should I hold both QQQ and SZNE?
QQQ and SZNE have a monthly-return correlation of 0.72, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between QQQ and SZNE?
QQQ and SZNE share 54 common holdings with a 18.4% weight overlap. Combined, they hold 272 unique securities.
Which pays a higher dividend, QQQ or SZNE?
QQQ yields 0.44% while SZNE yields 1.31%, so SZNE currently pays the higher dividend yield.
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