QQQ vs RNP
QQQ vs RNP
Invesco QQQ Trust, Series 1 vs Cohen & Steers REIT and Preferred and Income Fund, Inc.
Quick Verdict
QQQ has a lower expense ratio. QQQ delivered stronger 1-year returns. RNP offers more diversification with 206 holdings.
Side-by-Side Comparison
| Metric | QQQ | RNP | Winner |
|---|---|---|---|
| Expense Ratio | 0.18% | 1.78% | |
| AUM | $455.8B | $2,650.69 | |
| Dividend Yield | 0.41% | 7.44% | |
| Holdings | 108 | 311 | |
| YTD Return | +18.34% | +7.58% | |
| 1Y Return | +28.94% | +0.62% | |
| 3Y Return (annualized) | +25.28% | +10.27% | |
| 5Y Return (annualized) | +15.22% | +3.45% | |
| Volatility (annualized) | 30.6% | 27.4% | |
| Max Drawdown | -83.0% | -90.8% | |
| Fund Family | Invesco (US) | Cohen & Steers Funds | |
| Category | Equity | Allocation/Balanced | |
| Inception | Mar 10, 1999 | Jun 27, 2003 |
QQQ vs RNP Performance
Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US) and Cohen & Steers REIT and Preferred and Income Fund, Inc. (RNP) is a ETF from Cohen & Steers Funds. Over the past year QQQ returned +28.94% while RNP returned +0.62%. Year to date, QQQ is up 18.34% versus a gain of 7.58% for RNP.
Over three years, QQQ compounded at +25.28% per year against +10.27% for RNP; over five years the annualized figures are +15.22% and +3.45% respectively. Across the full 23-year window we track, QQQ has the edge at +13.12% annualized vs +1.11%. 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 27.4% for RNP. 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 -90.8% for RNP. 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 0.59. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
QQQ charges 0.18% per year while RNP charges 1.78%. On a $10,000 position that is $18 vs $178 annually, a gap of $160 per year that compounds over a long holding period. On income, QQQ currently yields 0.41% against 7.44% for RNP.
Holdings Overlap
QQQ and RNP share 0 holdings out of 309 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 RNP?
QQQ has an expense ratio of 0.18% while RNP charges 1.78%. QQQ is the cheaper option. On a $10,000 investment, that is $160 per year of difference.
Which performed better, QQQ or RNP?
Over the past year QQQ returned +28.94% vs +0.62% for RNP, so QQQ leads on 1-year performance. Over the longest common window we track (23 years), QQQ annualized +13.12% vs +1.11% for RNP. Past performance does not guarantee future results.
Which is riskier, QQQ or RNP?
QQQ has been the more volatile fund at 30.6% annualized versus 27.4% for RNP. Worst drawdown: QQQ -83.0% vs RNP -90.8%.
Should I hold both QQQ and RNP?
QQQ and RNP have a monthly-return correlation of 0.59, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between QQQ and RNP?
QQQ and RNP share 0 common holdings with a 0.0% weight overlap. Combined, they hold 309 unique securities.
Which pays a higher dividend, QQQ or RNP?
QQQ yields 0.41% while RNP yields 7.44%, so RNP currently pays the higher dividend yield.
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