QQQT vs SPY
Defiance Nasdaq 100 Income Target ETF vs State Street SPDR S&P 500 ETF Trust
Which is better, QQQT or SPY?
Each has led over a different period.
SPY has a lower expense ratio. QQQT led over 1Y, SPY over the full window. The two have moved almost in lockstep, correlation 0.90.
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 | QQQT | SPY |
|---|---|---|
| Expense Ratio | 1.20% | 0.09%Best |
| AUM | $48M | $804.7B |
| Dividend Yield | 20.24% | 0.98% |
| Holdings | 10 | 505 |
| YTD Return | +14.99%Best | +11.97% |
| 1Y Return | +17.67%Best | +16.40% |
| 3Y Return (annualized) | - | +21.10% |
| 5Y Return (annualized) | - | +12.88% |
| Volatility (annualized) | 17.2% | 12.0%Best |
| Max Drawdown | -22.5% | -18.8%Best |
| $10,000 over 2.2 years | $14,112 | $14,232Best |
| Fund Family | Defiance ETFs, LLC | State Street Investment Management |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Jun 18, 2024 | Jan 22, 1993 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.2 years row, are measured over the window both funds cover: Jun 21, 2024 to Sep 14, 2026 (2.2 years).
QQQT vs SPY 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 2.2 years both funds cover.
QQQT vs SPY Performance
Defiance Nasdaq 100 Income Target ETF (QQQT) is an ETF from Defiance ETFs, LLC and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Over the past year QQQT returned +17.67% while SPY returned +16.40%. Year to date, QQQT is up 14.99% versus a gain of 11.97% for SPY.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQT has been the more volatile fund, with annualized monthly volatility of 17.2% compared with 12.0% for SPY. 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 -22.5% for QQQT and -18.8% for SPY. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.90. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
QQQT charges 1.20% per year while SPY charges 0.09%. On a $10,000 position that is $120 vs $9 annually, a gap of $111 per year that compounds over a long holding period. On income, QQQT currently yields 20.24% against 0.98% for SPY.
Holdings Overlap
We hold position weights for 2 holdings in QQQT and 504 in SPY, totalling 100.3% and 99.9% 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 2 positions we hold weights for in QQQT and 504 in SPY, against full books of 10 and 505.
You are not choosing between two funds in isolation.
Whichever of QQQT and SPY 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, QQQT or SPY?
QQQT has an expense ratio of 1.20% while SPY charges 0.09%. SPY is the cheaper option, by $111 a year on a $10,000 investment.
Which performed better, QQQT or SPY?
Over the past year QQQT returned +17.67% vs +16.40% for SPY, so QQQT leads on 1-year performance. Over the longest common window we track (2 years), QQQT annualized +16.95% vs +17.40% for SPY. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QQQT or SPY?
QQQT has been the more volatile fund at 17.2% annualized versus 12.0% for SPY. Worst drawdown: QQQT -22.5% vs SPY -18.8%.
Should I hold both QQQT and SPY?
QQQT and SPY have a monthly-return correlation of 0.90, 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, QQQT or SPY?
QQQT yields 20.24% while SPY yields 0.98%, so QQQT currently pays the higher dividend yield.
Is SPY better than QQQT?
SPY has a lower expense ratio. QQQT led over 1Y, SPY over the full window. The two have moved almost in lockstep, correlation 0.90. Which one suits a particular account depends on what it is for. This is information, not a recommendation.