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QQQ vs. RSP

Invesco QQQ Trust, Series 1

QQQ
$
Today’s Change
()
vs

Invesco S&P 500 Equal Weight ETF

RSP
$
Today’s Change
()

Correlation

1M
3M
6M
YTD
1Y
3Y
Max

Performance Measures**

for the time period Apr 1, 1999 to Dec 5, 2025

Returns

1M Trailing Return:

3M Trailing Return:

QQQ

0.4%

8.7%

RSP

2.5%

2.3%

Diff.

-2.1%

+6.4%

Measures of Risk or Volatility

Max Drawdown:

Standard Deviation:

QQQ

-83.0%

27.1%

RSP

-59.9%

19.9%

Diff.

-23.1%

+7.2%

Measures of Risk-Adjusted Performance

Sharpe Ratio:

Calmar Ratio:

QQQ

0.50

0.12

RSP

0.63

0.19

Diff.

-0.13

-0.07

QQQInvesco QQQ Trust, Series 1
RSPInvesco S&P 500 Equal Weight 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
**

QQQ Invesco QQQ Trust, Series 1
RSP Invesco S&P 500 Equal Weight ETF
Inception date
Mar 10, 1999
Apr 24, 2003
Expense ratio
0.2%
0.2%
QQQ and RSP have the same expense ratio, meaning it’s equally as costly to invest in either one.
Type
US Equities
US Equities
QQQ targets investing in US Equities, while RSP targets investing in US Equities.
Fund owner
Invesco
Invesco
QQQ is managed by Invesco, while RSP is managed by Invesco.
Volume (1m avg. daily)
$17,559,045,883
$616,655,599
Both QQQ and RSP 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
$40,657,630,595
QQQ has more assets under management than RSP by $157,298,938,845. Higher AUM can be associated with better liquidity and lower slippage in trading.
Associated index
Nasdaq 100 Index
S&P 500 Equal Weighted Index
QQQ is based off of the Nasdaq 100 Index, while RSP is based off of the S&P 500 Equal Weighted Index
Inverse/Leveraged
No
No
Neither QQQ nor RSP use an inverse or leveraged strategy.
Passive/Active
Passive
Passive
QQQ and RSP 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 RSP may offer dividends. The frequency and yield of the dividend may not be the same.
Prospectus
QQQ may issue a K1, while RSP does not. You can find non-K1 alternatives for QQQ in its “Related ETFs” section.

Trading Strategies
Related toQQQ

QQQ EMA Balanced

Category

Trend-following, momentum, tactical allocation, equities, ETFs, large-cap tech, risk-on/risk-off, daily rebalance

OOS Cumulative Return

Trading Strategies
Related toRSP

Michael B Meets Dalio w/ Pop Bots 2.1.0

Category

Multi-asset, trend-following, momentum, risk-managed, sector rotation, commodities, bonds, leveraged ETFs, volatility hedge

OOS Cumulative Return

124.27%

Create your own algorithmic
trading strategy

Disclaimers

*

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.

**

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.