Data as of Sep 13, 2026. Both funds on the fields they both publish, from the same sources.
QQQ vs RSP: how they differ
QQQ and RSP hold 16% of their weight in the same names, and QQQ returned more over the year.
Invesco QQQ Trust and Invesco S&P 500 Equal Weight ETF.
What they hold in common
By the books each fund has filed, QQQ and RSP hold 16% of their money in the same securities at the same weight.
| Holding | QQQ | RSP |
|---|---|---|
| DoorDash Inc | 0.37% | 0.26% |
| Regeneron Pharmaceuticals Inc | 0.36% | 0.26% |
| Airbnb Inc | 0.31% | 0.25% |
| Crowdstrike Holdings Inc | 0.94% | 0.25% |
| Palo Alto Networks Inc | 1.23% | 0.25% |
| Palantir Technologies Inc | 1.69% | 0.25% |
| Microsoft Corp | 5.89% | 0.24% |
| Gilead Sciences Inc | 0.80% | 0.23% |
| Constellation Energy Corp | 0.46% | 0.23% |
| Vertex Pharmaceuticals Inc | 0.58% | 0.23% |
| Automatic Data Processing Inc | 0.47% | 0.22% |
| Fortinet Inc | 0.52% | 0.22% |
| Only in QQQ | Only in RSP |
|---|---|
| Space Exploration Technologies Corp 1.26% | Moderna Inc 0.58% |
| ASML Holding NV 0.69% | Veeva Systems Inc 0.31% |
| Shopify Inc 0.69% | Zebra Technologies Corp 0.31% |
| ARM Holdings PLC 0.48% | Marathon Petroleum Corp 0.29% |
| MercadoLibre Inc 0.43% | Valero Energy Corp 0.29% |
| PDD Holdings Inc 0.23% | Charles River Laboratories International 0.28% |
| Nebius Group NV 0.22% | Phillips 66 0.28% |
| Astera Labs Inc 0.22% | Salesforce Inc 0.28% |
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Sep 10, 2026.
| QQQ Invesco QQQ Trust | RSP Invesco S&P 500 Equal Weight ETF | |
|---|---|---|
| Where it sits | Core index fund | Core index fund |
| Issuer | Invesco | Invesco |
| What it is | Nasdaq-100 | S&P 500 equal weight |
| Total return, 1 year | +23.0% | +14.8% |
| S&P 500 over the same days | +17.5% | +17.5% |
| Gap to the S&P 500 | +5.5 pts | −2.7 pts |
| Expense ratio | 0.18% | 0.20% |
| Already in the S&P 500 | 96.7% | 99.1% |
| Holdings | 105 | 506 |
QQQ in plain words
QQQ is an index equity fund tracking the Nasdaq-100. Over the year to Sep 11, 2026 it returned +23.0% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.18% a year. By its holdings filed for Sep 10, 2026, 97% of the fund by weight is stocks the S&P 500 also holds, across 105 positions, with the top ten at 47.0%. It sat 4.1% below its high of Jun 2, 2026 on Sep 11, 2026.
RSP in plain words
RSP is an index equity fund tracking the S&P 500 equal weight. Over the year to Sep 11, 2026 it returned +14.8% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.20% a year. By its holdings filed for Sep 10, 2026, 99% of the fund by weight is stocks the S&P 500 also holds, across 506 positions, with the top ten at 3.2%. It sat 3.5% below its high of Aug 14, 2026 on Sep 11, 2026.
Questions people ask
- Which returned more over the last year, QQQ or RSP?
- In the year to Sep 13, 2026, with distributions reinvested, QQQ returned +23.0% and RSP returned +14.8%, so QQQ returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, QQQ or RSP?
- QQQ charges 0.18% a year and RSP charges 0.20%, so QQQ is cheaper. Fees come from each fund's prospectus.
- How much do QQQ and RSP overlap with the S&P 500?
- By their latest filed holdings, 97% of QQQ and 99% of RSP by weight is stocks the S&P 500 already holds. Between the two funds, 16% of their books are the same securities at the same weight.
Other comparisons
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Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, QQQ against RSP, data as of Sep 13, 2026. https://etfiq.com/compare/any/qqq-vs-rsp Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources