QQQ vs XV
Invesco QQQ Trust, Series 1 vs Simplify Target 15 Distribution 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 | XV | Winner |
|---|---|---|---|
| Expense Ratio | 0.18% | 0.75% | |
| AUM | $496.3B | $75M | |
| Dividend Yield | 0.44% | 19.29% | |
| Holdings | 108 | 29 | |
| YTD Return | +16.64% | +7.51% | |
| 1Y Return | +27.27% | +12.48% | |
| 3Y Return (annualized) | +25.96% | - | |
| 5Y Return (annualized) | +14.54% | - | |
| Volatility (annualized) | 30.6% | 7.8% | |
| Max Drawdown | -83.0% | -5.7% | |
| Fund Family | Invesco (US) | Simplify Exchange Traded Funds | |
| Category | Equity | Alternative | |
| Inception | Mar 10, 1999 | Apr 14, 2025 |
QQQ vs XV Performance
Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US) and Simplify Target 15 Distribution ETF (XV) is a ETF from Simplify Exchange Traded Funds. Over the past year QQQ returned +27.27% while XV returned +12.48%. Year to date, QQQ is up 16.64% versus a gain of 7.51% for XV.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% compared with 7.8% for XV. 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 -5.7% for XV. 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 0.74. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
QQQ charges 0.18% per year while XV 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 19.29% for XV.
Holdings Overlap
QQQ and XV share 0 holdings out of 103 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, QQQ or XV?
QQQ has an expense ratio of 0.18% while XV charges 0.75%. QQQ is the cheaper option. On a $10,000 investment, that is $57 per year of difference.
Which performed better, QQQ or XV?
Over the past year QQQ returned +27.27% vs +12.48% for XV, so QQQ leads on 1-year performance. Over the longest common window we track (1 years), QQQ annualized +13.03% vs +17.77% for XV. Past performance does not guarantee future results.
Which is riskier, QQQ or XV?
QQQ has been the more volatile fund at 30.6% annualized versus 7.8% for XV. Worst drawdown: QQQ -83.0% vs XV -5.7%.
Should I hold both QQQ and XV?
QQQ and XV have a monthly-return correlation of 0.74, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between QQQ and XV?
QQQ and XV share 0 common holdings with a 0.0% weight overlap. Combined, they hold 103 unique securities.
Which pays a higher dividend, QQQ or XV?
QQQ yields 0.44% while XV yields 19.29%, so XV currently pays the higher dividend yield.
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