Get alerts

Data as of Sep 4, 2026. Both funds on the fields they both publish, from the same sources.

PAVE vs QQQ

Global X U.S. Infrastructure Development ETF and Invesco QQQ Trust.

PAVE and QQQ on the fields both publish, as of Sep 4, 2026. Source: ETFIQ.
PAVE
Global X U.S. Infrastructure Development ETF
QQQ
Invesco QQQ Trust
Where it sitsThemes deskCore fund
IssuerGlobal XInvesco
What it isInfrastructureNasdaq-100, book from QQQM
Total return, 1 year+19.3%+25.6%
S&P 500 over the same days+20.0%+20.0%
Gap to the S&P 500−0.7 pts+5.6 pts
Expense ratio0.47%0.18%
Already in the S&P 50062.1%96.7%
Holdings100101

PAVE in plain words

By weight, 62% of PAVE's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 97%. The top ten holdings are 32% of the fund across 100 positions, as filed for May 31, 2026. Over the year to Sep 4, 2026 the fund returned +19.3% with distributions reinvested against +20.0% for the S&P 500, so a holder was behind by 0.7 pts. It sits 7.9% below its all-time high of Jun 25, 2026.

QQQ in plain words

QQQ is a index equity fund tracking Nasdaq-100, book from QQQM. Over the year to Sep 4, 2026 it returned +25.6% with distributions reinvested, against +20.0% for the S&P 500 and +25.6% for the Nasdaq-100. The prospectus expense ratio is 0.18% a year. By its holdings filed for May 31, 2026, 97% of the fund by weight is stocks the S&P 500 also holds, across 101 positions, with the top ten at 47.5%. It sat 3.5% below its high of Jun 2, 2026 on Sep 4, 2026.

Questions people ask

Which returned more over the last year, PAVE or QQQ?
In the year to Sep 4, 2026, with distributions reinvested, PAVE returned +19.3% and QQQ returned +25.6%, so QQQ returned more. One year is one year; the longer windows are in the table.
Which is cheaper, PAVE or QQQ?
PAVE charges 0.47% a year and QQQ charges 0.18%, so QQQ is cheaper. Fees come from each fund's prospectus.
How much do PAVE and QQQ overlap with the S&P 500?
By their latest filed holdings, 62% of PAVE and 97% of QQQ by weight is stocks the S&P 500 already holds.
Are PAVE and QQQ the same kind of fund?
No. PAVE is a thematic ETF and QQQ is an index ETF, so they are built for different jobs. The table compares what both publish: return, cost and what each actually holds.

Other comparisons

Where to next

Cite this page. ETFIQ, PAVE against QQQ, data as of Sep 4, 2026. https://etfiq.com/compare/any/PAVE-QQQ.html Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. ETFIQ publishes the same fields for every fund and suggests no allocation. Standards and sources