QQQ vs RSPE
QQQ vs RSPE
Invesco QQQ Trust, Series 1 vs Invesco ESG S&P 500 Equal Weight ETF
Quick Verdict
QQQ has a lower expense ratio. RSPE delivered stronger 1-year returns. RSPE offers more diversification with 185 holdings.
Side-by-Side Comparison
| Metric | QQQ | RSPE | Winner |
|---|---|---|---|
| Expense Ratio | 0.18% | 0.20% | |
| AUM | $455.8B | $68M | |
| Dividend Yield | 0.41% | 1.46% | |
| Holdings | 108 | 188 | |
| YTD Return | +16.83% | +16.42% | |
| 1Y Return | +26.58% | +27.91% | |
| 3Y Return (annualized) | +24.70% | +15.58% | |
| 5Y Return (annualized) | +14.88% | - | |
| Volatility (annualized) | 30.6% | 16.5% | |
| Max Drawdown | -83.0% | -22.9% | |
| Fund Family | Invesco (US) | Invesco (US) | |
| Category | Equity | Equity | |
| Inception | Mar 10, 1999 | Nov 17, 2021 |
QQQ vs RSPE Performance
Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US) and Invesco ESG S&P 500 Equal Weight ETF (RSPE) is a ETF from Invesco (US). Over the past year QQQ returned +26.58% while RSPE returned +27.91%. Year to date, QQQ is up 16.83% versus a gain of 16.42% for RSPE.
Over three years, QQQ compounded at +24.70% per year against +15.58% for RSPE. Across the full 5-year window we track, QQQ has the edge at +13.06% annualized vs +9.03%. 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 16.5% for RSPE. 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 -22.9% for RSPE. 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 0.73. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
QQQ charges 0.18% per year while RSPE charges 0.20%. On a $10,000 position that is $18 vs $20 annually, a gap of $2 per year that compounds over a long holding period. On income, QQQ currently yields 0.41% against 1.46% for RSPE.
Holdings Overlap
QQQ and RSPE share 33 holdings out of 255 unique holdings combined, representing a 13.9% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in QQQ | Weight in RSPE | Difference |
|---|---|---|---|
| NVDA | 7.88% | 0.51% | 7.37% |
| MU | 4.67% | 0.68% | 3.99% |
| MSFT | 4.65% | 0.49% | 4.16% |
| GOOGL | Pro | Pro | Pro |
| GOOG | Pro | Pro | Pro |
| WMT | Pro | Pro | Pro |
| INTC | Pro | Pro | Pro |
| CSCO | Pro | Pro | Pro |
| LRCX | Pro | Pro | Pro |
| KLAC | Pro | Pro | Pro |
See all 10 holdings QQQ shares with RSPE Exact weights in each fund and the difference, for every overlapping position. Get FundXLS Pro: $29/moFirst 500 subscribers, then $49/mo. Cancel anytime. | |||
Frequently Asked Questions
Which is cheaper, QQQ or RSPE?
QQQ has an expense ratio of 0.18% while RSPE charges 0.20%. QQQ is the cheaper option. On a $10,000 investment, that is $2 per year of difference.
Which performed better, QQQ or RSPE?
Over the past year QQQ returned +26.58% vs +27.91% for RSPE, so RSPE leads on 1-year performance. Over the longest common window we track (5 years), QQQ annualized +13.06% vs +9.03% for RSPE. Past performance does not guarantee future results.
Which is riskier, QQQ or RSPE?
QQQ has been the more volatile fund at 30.6% annualized versus 16.5% for RSPE. Worst drawdown: QQQ -83.0% vs RSPE -22.9%.
Should I hold both QQQ and RSPE?
QQQ and RSPE have a monthly-return correlation of 0.73, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between QQQ and RSPE?
QQQ and RSPE share 33 common holdings with a 13.9% weight overlap. Combined, they hold 255 unique securities.
Which pays a higher dividend, QQQ or RSPE?
QQQ yields 0.41% while RSPE yields 1.46%, so RSPE currently pays the higher dividend yield.
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