QQQ vs XPAY
Invesco QQQ Trust, Series 1 vs Roundhill S&P 500 Target 20 Managed Distribution ETF
Which is better, QQQ or XPAY?
Large Cap Growth against Large Cap Blend.
QQQ has a lower expense ratio. QQQ led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.92.
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 | XPAY |
|---|---|---|
| Expense Ratio | 0.18%Best | 0.49% |
| AUM | $483.5B | $168M |
| Dividend Yield | 0.44% | 20.76% |
| Holdings | 107 | 16 |
| YTD Return | +17.21%Best | +11.71% |
| 1Y Return | +22.10%Best | +16.17% |
| 3Y Return (annualized) | +25.27% | - |
| 5Y Return (annualized) | +14.60% | - |
| Volatility (annualized) | 18.9% | 13.1%Best |
| Max Drawdown | -22.8% | -18.2%Best |
| $10,000 over 1.9 years | $15,021Best | $13,537 |
| Fund Family | Invesco (US) | Roundhill Investments |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Blend |
| Inception | Mar 10, 1999 | Oct 31, 2024 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 1.9 years row, are measured over the window both funds cover: Oct 31, 2024 to Sep 17, 2026 (1.9 years).
QQQ vs XPAY 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 1.9 years both funds cover.
QQQ vs XPAY Performance
Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US) and Roundhill S&P 500 Target 20 Managed Distribution ETF (XPAY) is an ETF from Roundhill Investments. Over the past year QQQ returned +22.10% while XPAY returned +16.17%. Year to date, QQQ is up 17.21% versus a gain of 11.71% for XPAY.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 18.9% compared with 13.1% for XPAY. 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 -22.8% for QQQ and -18.2% for XPAY. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.92. 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 XPAY charges 0.49%. On a $10,000 position that is $18 vs $49 annually, a gap of $31 per year that compounds over a long holding period. On income, QQQ currently yields 0.44% against 20.76% for XPAY.
Holdings Overlap
We hold position weights for 102 holdings in QQQ and 1 in XPAY, totalling 99.9% and 4.7% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 102 positions we hold weights for in QQQ and 1 in XPAY, against full books of 107 and 16.
You are not choosing between two funds in isolation.
Whichever of QQQ and XPAY 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 XPAY?
QQQ has an expense ratio of 0.18% while XPAY charges 0.49%. QQQ is the cheaper option, by $31 a year on a $10,000 investment.
Which performed better, QQQ or XPAY?
Over the past year QQQ returned +22.10% vs +16.17% for XPAY, so QQQ leads on 1-year performance. Over the longest common window we track (2 years), QQQ annualized +23.88% vs +17.28% for XPAY. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QQQ or XPAY?
QQQ has been the more volatile fund at 18.9% annualized versus 13.1% for XPAY. Worst drawdown: QQQ -22.8% vs XPAY -18.2%.
Should I hold both QQQ and XPAY?
QQQ and XPAY have a monthly-return correlation of 0.92, 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.
Which pays a higher dividend, QQQ or XPAY?
QQQ yields 0.44% while XPAY yields 20.76%, so XPAY currently pays the higher dividend yield.
Is XPAY better than QQQ?
QQQ has a lower expense ratio. QQQ led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.92. Which one suits a particular account depends on what it is for. This is information, not a recommendation.