QQQ vs XITK
Invesco QQQ Trust, Series 1 vs State Street SPDR FactSet Innovative Technology ETF
Which is better, QQQ or XITK?
Large Cap Growth against Mid Cap Growth.
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window. XITK is less concentrated, with 24.4% of the fund in its ten largest positions against 47.2%.
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 | XITK |
|---|---|---|
| Expense Ratio | 0.18%Best | 0.45% |
| AUM | $498.6B | $67M |
| Dividend Yield | 0.42% | 0.00% |
| Holdings | 321 | 98 |
| YTD Return | +24.32%Best | +17.19% |
| 1Y Return | +25.59%Best | +8.42% |
| 3Y Return (annualized) | +28.30%Best | +18.80% |
| 5Y Return (annualized) | +16.83%Best | -0.71% |
| Volatility (annualized) | 18.6%Best | 24.9% |
| Max Drawdown | -35.1%Best | -65.6% |
| $10,000 over 5 years | $21,766Best | $9,650 |
| Top 10 Weight | 47.2% | 24.4%Best |
| Fund Family | Invesco (US) | State Street Investment Management |
| Category | Equity | Equity |
| Style | Large Cap Growth | Mid Cap Growth |
| Inception | Mar 10, 1999 | Jan 13, 2016 |
Volatility and max drawdown are measured over the window both funds cover: Jan 14, 2016 to Oct 6, 2026 (10.7 years).
QQQ vs XITK 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 10.7 years both funds cover.
QQQ vs XITK Performance
Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US) and State Street SPDR FactSet Innovative Technology ETF (XITK) is an ETF from State Street Investment Management. Over the past year QQQ returned +25.59% while XITK returned +8.42%. Year to date, QQQ is up 24.32% versus a gain of 17.19% for XITK.
Over three years, QQQ compounded at +28.30% per year against +18.80% for XITK; over five years the annualized figures are +16.83% and -0.71% respectively. Across the full 11-year window we track, QQQ has the edge at +20.73% annualized vs +14.92%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
XITK has been the more volatile fund, with annualized monthly volatility of 24.9% compared with 18.6% 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 -35.1% for QQQ and -65.6% for XITK. Drawdown depth is what each fund did in the worst stretch of the window measured above.
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 0.42% against 0.00% for XITK.
Holdings Overlap
26.1% of QQQ's money is in holdings XITK also owns. 13.4% of XITK's money is in holdings QQQ also owns.
QQQ and XITK share little of their money.
12 positions in common, counted across the 102 positions we hold weights for in QQQ and 97 in XITK, against full books of 321 and 98.
What only one of them owns
Our book lists 79 positions for XITK that do not appear in our book for QQQ (81.5% of the fund), and 84 for QQQ that do not appear in XITK (71.7%).
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.
Top Shared Holdings
| Stock | Weight in QQQ | Weight in XITK | Difference |
|---|---|---|---|
| NVDANvidia Corp | 8.45% | 1.21% | 7.24% |
| AMDAdvanced Micro Devices Inc | 3.71% | 2.38% | 1.33% |
| GOOGLAlphabet Inc,class A | 3.15% | 1.06% | 2.09% |
| METAMeta Platforms Inc | 3.07% | 0.97% | 2.10% |
| AVGOBroadcom Inc | 2.74% | 0.98% | 1.76% |
| PLTRPalantir Technologies Inc | 1.69% | 0.89% | 0.80% |
| ARMArm Holdings Plc Adr | 0.50% | 1.96% | 1.46% |
| NFLXNetflix, Inc. | 1.44% | 0.79% | 0.65% |
| DDOGDatadog Inc | 0.32% | 1.47% | 1.15% |
| WDAYWorkday, Inc., Class A | 0.16% | 0.80% | 0.64% |
26.1% of QQQ is already inside XITK.
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 XITK?
QQQ has an expense ratio of 0.18% while XITK charges 0.45%. QQQ is the cheaper option, by $27 a year on a $10,000 investment.
Which performed better, QQQ or XITK?
Over the past year QQQ returned +25.59% vs +8.42% for XITK, so QQQ leads on 1-year performance. Over the longest common window we track (11 years), QQQ annualized +20.73% vs +14.92% for XITK. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QQQ or XITK?
XITK has been the more volatile fund at 24.9% annualized versus 18.6% for QQQ. Worst drawdown: QQQ -35.1% vs XITK -65.6%.
Should I hold both QQQ and XITK?
QQQ and XITK have a monthly-return correlation of 0.81, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between QQQ and XITK?
26.1% of QQQ's money is in holdings XITK also owns. 13.4% of XITK's is in holdings QQQ also owns. They hold 12 positions in common, counted across the 102 positions we hold weights for in QQQ and 97 in XITK.
Which pays a higher dividend, QQQ or XITK?
QQQ yields 0.42% while XITK yields 0.00%, so QQQ currently pays the higher dividend yield.
Is XITK better than QQQ?
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window. XITK is less concentrated, with 24.4% of the fund in its ten largest positions against 47.2%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.