ETF Versus

QQQ vs RSP

Invesco QQQ Trust vs Invesco S&P 500 Equal Weight ETF

Last updated: 2026-04-02

QQQ Invesco

Invesco QQQ Trust (QQQ) is an exchange-traded fund issued by Invesco that provides exposure to large-cap U.S. growth stocks with above-average earnings potential. It charges a moderate expense ratio of 0.18%. The fund offers a modest dividend yield of 0.48%. Launched in 1999, the fund has a 27-year track record.

AUM: $363.1B ER: 0.18% Yield: 0.48% Since: Mar 10, 1999
RSP Invesco

Invesco S&P 500 Equal Weight ETF (RSP) is an exchange-traded fund issued by Invesco that provides exposure to large-cap U.S. equities across growth and value styles. It charges a moderate expense ratio of 0.20%. The fund offers a moderate dividend yield of 1.62%. Launched in 2003, the fund has a 23-year track record.

AUM: $84.5B ER: 0.20% Yield: 1.62% Since: Apr 24, 2003

Quick Verdict

QQQ has a slightly lower expense ratio (0.18% vs 0.20%), saving about $39 per $10,000 over 10 years. Over the past year, QQQ has significantly outperformed with a 23.6% return vs 11.0%. Income investors may prefer RSP for its higher yield (1.6% vs 0.5%).

Key Metrics

Metric QQQ RSP
Expense Ratio 0.18% 0.20%
Dividend Yield 0.5% 1.6%
Fund Family Invesco Invesco
Category US Large Cap Growth US Large Cap Blend

Performance Chart

Indexed to 100 at start (5-year comparison)

75 99 123 147 171 195 2021-04 2022-06 2023-09 2024-12 2026-04
QQQ +76.5%
RSP +33.4%

Performance Comparison

Period QQQ RSP Difference
1 Month -3.91% -5.89% +1.98%
3 Months -4.70% -0.17% -4.53%
6 Months -3.13% +0.67% -3.80%
YTD -4.70% -0.17% -4.53%
1 Year +23.61% +11.03% +12.58%
3 Years +82.51% +33.02% +49.49%
5 Years +76.50% +33.36% +43.14%

Fee Impact Over Time

Estimated fee cost difference assuming 8% annual returns

Investment Period QQQ Fees RSP Fees You Save
$10.000 10 years $357 $396 $39
$10.000 20 years $1.529 $1.696 $167
$10.000 30 years $4.912 $5.443 $531
$50.000 10 years $1.786 $1.982 $197
$50.000 30 years $24.558 $27.214 $2.656
$100.000 30 years $49.116 $54.428 $5.312

Risk Metrics

Based on 5 years of daily returns

Metric QQQ RSP
Annualized Volatility 22.4% 16.2%
Max Drawdown -35.6% -22.5%
Sharpe Ratio 0.42 0.16

Dividend Comparison

Metric QQQ RSP
Annual Dividend (per share) $2.81 $3.12
Dividend Yield 0.48% 1.62%
Distribution Frequency Quarterly Quarterly

Top Holdings

0 of top 9 holdings overlap (0% overlap in top holdings)

QQQ Top Holdings

NameWeight
NVIDIA CorporationNVDA8.55%
Apple Inc.AAPL7.67%
Microsoft CorporationMSFT5.56%
Amazon.com, Inc.AMZN4.49%
Tesla, Inc.TSLA3.79%
Walmart Inc.WMT3.48%
Meta Platforms, Inc.META3.26%
Alphabet Inc.GOOG3.13%
Broadcom Inc.AVGO2.99%

RSP Top Holdings

NameWeight
APA CorporationAPA0.28%
LyondellBasell Industries N.V.LYB0.25%
Dow Inc.DOW0.25%
Occidental Petroleum CorporationOXY0.25%
CF Industries Holdings, Inc.CF0.24%
Coterra Energy Inc.CTRA0.24%
Devon Energy CorporationDVN0.24%
ConocoPhillipsCOP0.24%
EOG Resources, Inc.EOG0.24%
Exxon Mobil CorporationXOM0.24%

Which One Should You Choose?

Choose QQQ if...

you want the lowest fees and plan to buy and hold long-term. Over decades, the expense ratio difference compounds significantly.

Choose QQQ if...

recent performance momentum matters to your strategy. Note that past performance doesn't guarantee future results.

Choose RSP if...

you prioritize dividend income and want higher regular distributions from your portfolio.

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