QQQ vs XNTK
Invesco QQQ Trust, Series 1 vs State Street SPDR NYSE Technology ETF
Quick Verdict
QQQ has a lower expense ratio. XNTK delivered stronger 1-year returns. QQQ offers more diversification with 108 holdings.
Side-by-Side Comparison
| Metric | QQQ | XNTK | Winner |
|---|---|---|---|
| Expense Ratio | 0.18% | 0.35% | |
| AUM | $496.3B | $2.3B | |
| Dividend Yield | 0.44% | 0.16% | |
| Holdings | 108 | 37 | |
| YTD Return | +16.64% | +27.89% | |
| 1Y Return | +27.27% | +51.16% | |
| 3Y Return (annualized) | +25.96% | +37.83% | |
| 5Y Return (annualized) | +14.54% | +18.02% | |
| Volatility (annualized) | 30.6% | 26.2% | |
| Max Drawdown | -83.0% | -76.3% | |
| Fund Family | Invesco (US) | State Street Investment Management | |
| Category | Equity | Equity | |
| Inception | Mar 10, 1999 | Sep 25, 2000 |
QQQ vs XNTK Performance
Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US) and State Street SPDR NYSE Technology ETF (XNTK) is a ETF from State Street Investment Management. Over the past year QQQ returned +27.27% while XNTK returned +51.16%. Year to date, QQQ is up 16.64% versus a gain of 27.89% for XNTK.
Over three years, QQQ compounded at +25.96% per year against +37.83% for XNTK; over five years the annualized figures are +14.54% and +18.02% respectively. Across the full 26-year window we track, QQQ has the edge at +13.03% annualized vs +8.19%. 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 26.2% for XNTK. 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 -76.3% for XNTK. 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 0.95. 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 XNTK charges 0.35%. On a $10,000 position that is $18 vs $35 annually, a gap of $17 per year that compounds over a long holding period. On income, QQQ currently yields 0.44% against 0.16% for XNTK.
Holdings Overlap
QQQ and XNTK share 25 holdings out of 113 unique holdings combined, representing a 44.1% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, QQQ or XNTK?
QQQ has an expense ratio of 0.18% while XNTK charges 0.35%. QQQ is the cheaper option. On a $10,000 investment, that is $17 per year of difference.
Which performed better, QQQ or XNTK?
Over the past year QQQ returned +27.27% vs +51.16% for XNTK, so XNTK leads on 1-year performance. Over the longest common window we track (26 years), QQQ annualized +13.03% vs +8.19% for XNTK. Past performance does not guarantee future results.
Which is riskier, QQQ or XNTK?
QQQ has been the more volatile fund at 30.6% annualized versus 26.2% for XNTK. Worst drawdown: QQQ -83.0% vs XNTK -76.3%.
Should I hold both QQQ and XNTK?
QQQ and XNTK have a monthly-return correlation of 0.95, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.
What is the holdings overlap between QQQ and XNTK?
QQQ and XNTK share 25 common holdings with a 44.1% weight overlap. Combined, they hold 113 unique securities.
Which pays a higher dividend, QQQ or XNTK?
QQQ yields 0.44% while XNTK yields 0.16%, so QQQ currently pays the higher dividend yield.
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