QQQ vs XITK
Invesco QQQ Trust, Series 1 vs State Street SPDR FactSet Innovative Technology ETF
Quick Verdict
QQQ has a lower expense ratio. QQQ delivered stronger 1-year returns. QQQ offers more diversification with 108 holdings.
Side-by-Side Comparison
| Metric | QQQ | XITK | Winner |
|---|---|---|---|
| Expense Ratio | 0.18% | 0.45% | |
| AUM | $496.3B | $73M | |
| Dividend Yield | 0.44% | 0.00% | |
| Holdings | 108 | 99 | |
| YTD Return | +16.64% | +14.14% | |
| 1Y Return | +27.27% | +12.51% | |
| 3Y Return (annualized) | +25.96% | +16.95% | |
| 5Y Return (annualized) | +14.54% | -1.25% | |
| Volatility (annualized) | 30.6% | 25.1% | |
| Max Drawdown | -83.0% | -65.6% | |
| Fund Family | Invesco (US) | State Street Investment Management | |
| Category | Equity | Equity | |
| Inception | Mar 10, 1999 | Jan 13, 2016 |
QQQ vs XITK Performance
Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US) and State Street SPDR FactSet Innovative Technology ETF (XITK) is a ETF from State Street Investment Management. Over the past year QQQ returned +27.27% while XITK returned +12.51%. Year to date, QQQ is up 16.64% versus a gain of 14.14% for XITK.
Over three years, QQQ compounded at +25.96% per year against +16.95% for XITK; over five years the annualized figures are +14.54% and -1.25% respectively. Across the full 11-year window we track, XITK has the edge at +14.83% annualized vs +13.03%. 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 25.1% for XITK. 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 -65.6% for XITK. 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 0.81. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
QQQ charges 0.18% per year while XITK charges 0.45%. On a $10,000 position that is $18 vs $45 annually, a gap of $27 per year that compounds over a long holding period. On income, QQQ currently yields 0.44% against 0.00% for XITK.
Holdings Overlap
QQQ and XITK share 12 holdings out of 187 unique holdings combined, representing a 10.2% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, QQQ or XITK?
QQQ has an expense ratio of 0.18% while XITK charges 0.45%. QQQ is the cheaper option. On a $10,000 investment, that is $27 per year of difference.
Which performed better, QQQ or XITK?
Over the past year QQQ returned +27.27% vs +12.51% for XITK, so QQQ leads on 1-year performance. Over the longest common window we track (11 years), QQQ annualized +13.03% vs +14.83% for XITK. Past performance does not guarantee future results.
Which is riskier, QQQ or XITK?
QQQ has been the more volatile fund at 30.6% annualized versus 25.1% for XITK. Worst drawdown: QQQ -83.0% vs XITK -65.6%.
Should I hold both QQQ and XITK?
QQQ and XITK have a monthly-return correlation of 0.81, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between QQQ and XITK?
QQQ and XITK share 12 common holdings with a 10.2% weight overlap. Combined, they hold 187 unique securities.
Which pays a higher dividend, QQQ or XITK?
QQQ yields 0.44% while XITK yields 0.00%, so QQQ currently pays the higher dividend yield.
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