QQQ vs WSMD
Invesco QQQ Trust, Series 1 vs Wasatch Small/Mid Cap ETF
Which is better, QQQ or WSMD?
Large Cap Growth against Mid Cap Blend.
QQQ has a lower expense ratio. WSMD is less concentrated, with 18.8% 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 | WSMD |
|---|---|---|
| Expense Ratio | 0.18%Best | 0.75% |
| AUM | $483.5B | - |
| Dividend Yield | 0.44% | 0.00% |
| Holdings | 107 | 90 |
| YTD Return | +15.21%Best | -3.91% |
| 1Y Return | +19.78% | - |
| 3Y Return (annualized) | +24.58% | - |
| 5Y Return (annualized) | +13.93% | - |
| Top 10 Weight | 46.5% | 18.8%Best |
| Fund Family | Invesco (US) | Wasatch Global Investors |
| Category | Equity | Equity |
| Style | Large Cap Growth | Mid Cap Blend |
| Inception | Mar 10, 1999 | Jul 29, 2026 |
Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window.
QQQ vs WSMD 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 WSMD Performance
Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US) and Wasatch Small/Mid Cap ETF (WSMD) is an ETF from Wasatch Global Investors. Year to date, QQQ is up 15.21% versus a loss of 3.91% for WSMD.
Past performance does not guarantee future results.
Fees and Cost Over Time
QQQ charges 0.18% per year while WSMD charges 0.75%. On a $10,000 position that is $18 vs $75 annually, a gap of $57 per year that compounds over a long holding period. On income, QQQ currently yields 0.44% against 0.00% for WSMD.
Holdings Overlap
0.9% of QQQ's money is in holdings WSMD also owns. 2.1% of WSMD's money is in holdings QQQ also owns.
WSMD and QQQ share little of their money.
2 positions in common, counted across the 102 positions we hold weights for in QQQ and 90 in WSMD, against full books of 107 and 90.
What only one of them owns
Our book lists 85 positions for WSMD that do not appear in our book for QQQ (94.5% of the fund), and 94 for QQQ that do not appear in WSMD (96.7%).
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 WSMD 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 WSMD?
QQQ has an expense ratio of 0.18% while WSMD charges 0.75%. QQQ is the cheaper option, by $57 a year on a $10,000 investment.
What is the holdings overlap between QQQ and WSMD?
2.1% of WSMD's money is in holdings QQQ also owns. 2.1% of WSMD's is in holdings QQQ also owns. They hold 2 positions in common, counted across the 102 positions we hold weights for in QQQ and 90 in WSMD.
Which pays a higher dividend, QQQ or WSMD?
QQQ yields 0.44% while WSMD yields 0.00%, so QQQ currently pays the higher dividend yield.
Is WSMD better than QQQ?
QQQ has a lower expense ratio. WSMD is less concentrated, with 18.8% 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.