QQQ vs XXSP
Invesco QQQ Trust, Series 1 vs Subversive S&P 500 Redacted ETF
Which is better, QQQ or XXSP?
QQQ costs less.
QQQ has a lower expense ratio. XXSP is less concentrated, with 37.7% of the fund in its ten largest positions against 46.9%.
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 | XXSP |
|---|---|---|
| Expense Ratio | 0.18%Best | 0.30% |
| AUM | $437.3B | $2M |
| Dividend Yield | 0.43% | 0.00% |
| Holdings | 208 | 496 |
| YTD Return | +12.98%Best | -2.64% |
| 1Y Return | +11.59% | - |
| 3Y Return (annualized) | +23.05% | - |
| 5Y Return (annualized) | +12.74% | - |
| Top 10 Weight | 46.9% | 37.7%Best |
| Fund Family | Invesco (US) | Subversive Capital |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | Mar 10, 1999 | Oct 8, 2026 |
Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window.
QQQ vs XXSP 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
QQQ vs XXSP Performance
Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US) and Subversive S&P 500 Redacted ETF (XXSP) is an ETF from Subversive Capital. Year to date, QQQ is up 12.98% versus a loss of 2.64% for XXSP.
Past performance does not guarantee future results.
Fees and Cost Over Time
QQQ charges 0.18% per year while XXSP charges 0.30%. On a $10,000 position that is $18 vs $30 annually, a gap of $12 per year that compounds over a long holding period. On income, QQQ currently yields 0.43% against 0.00% for XXSP.
Holdings Overlap
89.8% of QQQ's money is in holdings XXSP also owns. 52.7% of XXSP's money is in holdings QQQ also owns.
Most of QQQ is already inside XXSP. Owning both mostly buys the same companies twice.
85 positions in common, counted across the 101 positions we hold weights for in QQQ and 496 in XXSP, against full books of 208 and 496.
What only one of them owns
Our book lists 408 positions for XXSP that do not appear in our book for QQQ (46.4% of the fund), and 9 for QQQ that do not appear in XXSP (7.3%).
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 XXSP | Difference |
|---|---|---|---|
| NVDANvidia Corp | 8.05% | 7.93% | 0.12% |
| AAPLApple Inc | 7.68% | 7.71% | 0.03% |
| MSFTMicrosoft Corp | 6.16% | 6.02% | 0.14% |
| AMZNAmazon.Com Inc | 4.23% | 3.62% | 0.61% |
| MUMicron Technology, Inc. | 4.47% | 1.55% | 2.92% |
| GOOGLAlphabet Inc | 3.15% | 2.54% | 0.61% |
| METAMeta Platforms Inc | 3.37% | 2.14% | 1.23% |
| AMDAdvanced Micro Devices Inc | 3.90% | 1.42% | 2.48% |
| AVGOBroadcom Inc | 2.52% | 2.51% | 0.01% |
| GOOGAlphabet Inc. C | 2.93% | 2.05% | 0.88% |
89.8% of QQQ is already inside XXSP.
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 XXSP?
QQQ has an expense ratio of 0.18% while XXSP charges 0.30%. QQQ is the cheaper option, by $12 a year on a $10,000 investment.
What is the holdings overlap between QQQ and XXSP?
89.8% of QQQ's money is in holdings XXSP also owns. 52.7% of XXSP's is in holdings QQQ also owns. They hold 85 positions in common, counted across the 101 positions we hold weights for in QQQ and 496 in XXSP.
Which pays a higher dividend, QQQ or XXSP?
QQQ yields 0.43% while XXSP yields 0.00%, so QQQ currently pays the higher dividend yield.
Is XXSP better than QQQ?
QQQ has a lower expense ratio. XXSP is less concentrated, with 37.7% of the fund in its ten largest positions against 46.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.