ESIX vs QQQ
ESIX vs QQQ
State Street SPDR S&P SmallCap 600 ESG ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
ESIX has a lower expense ratio. QQQ delivered stronger 1-year returns. ESIX offers more diversification with 380 holdings.
Side-by-Side Comparison
| Metric | ESIX | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.12% | 0.18% | |
| AUM | $8M | $455.8B | |
| Dividend Yield | 1.44% | 0.41% | |
| Holdings | 385 | 108 | |
| YTD Return | +9.97% | +16.83% | |
| 1Y Return | +21.07% | +26.58% | |
| 3Y Return (annualized) | +13.75% | +24.70% | |
| 5Y Return (annualized) | - | +14.88% | |
| Volatility (annualized) | 20.6% | 30.6% | |
| Max Drawdown | -28.1% | -83.0% | |
| Fund Family | State Street Investment Management | Invesco (US) | |
| Category | Equity | Equity | |
| Inception | Jan 10, 2022 | Mar 10, 1999 |
ESIX vs QQQ Performance
State Street SPDR S&P SmallCap 600 ESG ETF (ESIX) is a ETF from State Street Investment Management and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year ESIX returned +21.07% while QQQ returned +26.58%. Year to date, ESIX is up 9.97% versus a gain of 16.83% for QQQ.
Over three years, ESIX compounded at +13.75% per year against +24.70% for QQQ. Across the full 4-year window we track, QQQ has the edge at +13.06% annualized vs +4.96%. 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 20.6% for ESIX. 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 -28.1% for ESIX and -83.0% for QQQ. 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 0.64. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
ESIX charges 0.12% per year while QQQ charges 0.18%. On a $10,000 position that is $12 vs $18 annually, a gap of $6 per year that compounds over a long holding period. On income, ESIX currently yields 1.44% against 0.41% for QQQ.
Holdings Overlap
ESIX and QQQ share 0 holdings out of 483 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, ESIX or QQQ?
ESIX has an expense ratio of 0.12% while QQQ charges 0.18%. ESIX is the cheaper option. On a $10,000 investment, that is $6 per year of difference.
Which performed better, ESIX or QQQ?
Over the past year ESIX returned +21.07% vs +26.58% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (4 years), ESIX annualized +4.96% vs +13.06% for QQQ. Past performance does not guarantee future results.
Which is riskier, ESIX or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 20.6% for ESIX. Worst drawdown: ESIX -28.1% vs QQQ -83.0%.
Should I hold both ESIX and QQQ?
ESIX and QQQ have a monthly-return correlation of 0.64, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between ESIX and QQQ?
ESIX and QQQ share 0 common holdings with a 0.0% weight overlap. Combined, they hold 483 unique securities.
Which pays a higher dividend, ESIX or QQQ?
ESIX yields 1.44% while QQQ yields 0.41%, so ESIX currently pays the higher dividend yield.
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