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QQQ vs. SPLG

Invesco QQQ Trust, Series 1

QQQ
$--
vs

SPDR Portfolio S&P 500 ETF

SPLG
$--

Correlation

QQQInvesco QQQ Trust, Series 1
SPLGSPDR Portfolio S&P 500 ETF

What is QQQ?

Invesco QQQ is an exchange-traded fund based on the Nasdaq-100 Index. The Fund will, under most circumstances, consist of all of stocks in the Index. The Index includes 100 of the largest domestic and international nonfinancial companies listed on the Nasdaq Stock Market based on market capitalization. The Fund and the Index are rebalanced quarterly and reconstituted annually.

Snapshot
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QQQ Invesco QQQ Trust, Series 1
SPLG SPDR Portfolio S&P 500 ETF
Inception date
Mar 10 1999
Nov 08 2005
Expense ratio
0.20%
0.02%
QQQ has a higher expense ratio than SPLG by 0.18%. This can indicate that it’s more expensive to invest in QQQ than SPLG.
Type
US Equities
US Equities
QQQ targets investing in US Equities, while SPLG targets investing in US Equities.
Fund owner
Invesco
State Street (SPDR)
QQQ is managed by Invesco, while SPLG is managed by State Street (SPDR).
Volume (1m avg. daily)
$17,559,045,883
$153,285,985
Both QQQ and SPLG are considered high-volume assets. They’re less likely to be affected by issues like slippage and failed orders on Composer than low-volume assets.
AUM
$197,956,569,440
$19,439,639,569
QQQ has more assets under management than SPLG by $178,516,929,871. Higher AUM can be associated with better liquidity and lower slippage in trading.
Associated index
Nasdaq 100 Index
S&P 500 Index
QQQ is based off of the Nasdaq 100 Index, while SPLG is based off of the S&P 500 Index
Inverse/Leveraged
No
No
QQQ and SPLG use the same leverage ratio. Inverse and leveraged ETFs can be used to either take an opposite position or amplify returns of a given index.
Passive/Active
Passive
Passive
QQQ and SPLG both use a Passive investing strategy. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.
Dividend
No
No
QQQ and SPLG may offer dividends. The frequency and yield of the dividend may not be the same.
Prospectus
QQQ may issue a K1, while SPLG does not. You can find non-K1 alternatives for QQQ in its “Related ETFs” section.

Automated Strategies
Related toQQQ

#BTD

Buy the Dips: Nasdaq 100

Category

Featured, Technology Focus

Risk Rating

Aggressive

Automated Strategies
Related toSPLG

#DSS

Diversify with Sin Stocks

Category

Grow Your Portfolio, Diversification

Risk Rating

Aggressive

Create your own algorithmic
trading strategy

Disclaimers

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We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

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We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.