QQQ vs WINN
Invesco QQQ Trust, Series 1 vs Harbor Long-Term Growers ETF
Which is better, QQQ or WINN?
Nearly the same fund. QQQ costs less.
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 0.96. QQQ is less concentrated, with 46.5% of the fund in its ten largest positions against 57.1%.
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 | WINN |
|---|---|---|
| Expense Ratio | 0.18%Best | 0.57% |
| AUM | $483.5B | $1.2B |
| Dividend Yield | 0.44% | 0.00% |
| Holdings | 107 | 75 |
| YTD Return | +15.21%Best | +6.64% |
| 1Y Return | +19.78%Best | +6.57% |
| 3Y Return (annualized) | +24.58%Best | +21.25% |
| 5Y Return (annualized) | +13.93% | - |
| Volatility (annualized) | 20.9%Best | 21.0% |
| Max Drawdown | -29.6%Best | -32.1% |
| $10,000 over 4.6 years | $20,437Best | $17,847 |
| Top 10 Weight | 46.5%Best | 57.1% |
| Fund Family | Invesco (US) | Harbor Funds |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | Mar 10, 1999 | Feb 2, 2022 |
Volatility and max drawdown, and the $10,000 over 4.6 years row, are measured over the window both funds cover: Feb 3, 2022 to Sep 16, 2026 (4.6 years).
QQQ vs WINN 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 4.6 years both funds cover.
QQQ vs WINN Performance
Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US) and Harbor Long-Term Growers ETF (WINN) is an ETF from Harbor Funds. Over the past year QQQ returned +19.78% while WINN returned +6.57%. Year to date, QQQ is up 15.21% versus a gain of 6.64% for WINN.
Over three years, QQQ compounded at +24.58% per year against +21.25% for WINN.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
WINN has been the more volatile fund, with annualized monthly volatility of 21.0% compared with 20.9% for QQQ. 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 -29.6% for QQQ and -32.1% for WINN. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.96. 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 WINN charges 0.57%. On a $10,000 position that is $18 vs $57 annually, a gap of $39 per year that compounds over a long holding period. On income, QQQ currently yields 0.44% against 0.00% for WINN.
Holdings Overlap
67.2% of QQQ's money is in holdings WINN also owns. 71.3% of WINN's money is in holdings QQQ also owns.
Most of WINN is already inside QQQ. Owning both mostly buys the same companies twice.
34 positions in common, counted across the 102 positions we hold weights for in QQQ and 73 in WINN, against full books of 107 and 75.
What only one of them owns
Our book lists 36 positions for WINN that do not appear in our book for QQQ (27.3% of the fund), and 63 for QQQ that do not appear in WINN (31.2%).
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 WINN | Difference |
|---|---|---|---|
| NVDANvidia Corp | 8.44% | 11.38% | 2.94% |
| AAPLApple, Inc | 7.27% | 7.62% | 0.35% |
| MSFTMicrosoft Corp | 5.76% | 6.27% | 0.51% |
| GOOGLAlphabet Inc,class A | 3.36% | 8.15% | 4.79% |
| AMZNAmazon.Com Inc | 4.67% | 5.09% | 0.42% |
| AVGOBroadcom Inc | 3.16% | 5.86% | 2.70% |
| AMDAdvanced Micro Devices Inc | 3.45% | 2.75% | 0.70% |
| METAMeta Platforms Inc | 2.78% | 3.22% | 0.44% |
| MUMicron Technology, Inc. | 4.43% | 0.69% | 3.74% |
| TSLATesla Inc | 2.56% | 2.38% | 0.18% |
71.3% of WINN 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 WINN?
QQQ has an expense ratio of 0.18% while WINN charges 0.57%. QQQ is the cheaper option, by $39 a year on a $10,000 investment.
Which performed better, QQQ or WINN?
Over the past year QQQ returned +19.78% vs +6.57% for WINN, 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 WINN?
WINN has been the more volatile fund at 21.0% annualized versus 20.9% for QQQ. Worst drawdown: QQQ -29.6% vs WINN -32.1%.
Should I hold both QQQ and WINN?
QQQ and WINN have a monthly-return correlation of 0.96, 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 WINN?
71.3% of WINN's money is in holdings QQQ also owns. 71.3% of WINN's is in holdings QQQ also owns. They hold 34 positions in common, counted across the 102 positions we hold weights for in QQQ and 73 in WINN.
Which pays a higher dividend, QQQ or WINN?
QQQ yields 0.44% while WINN yields 0.00%, so QQQ currently pays the higher dividend yield.
Is WINN better than QQQ?
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 0.96. QQQ is less concentrated, with 46.5% of the fund in its ten largest positions against 57.1%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.