AAAA vs QQQ
Amplius Aggressive Asset Allocation ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. QQQ delivered stronger 1-year returns. QQQ offers more diversification with 103 holdings.
Side-by-Side Comparison
| Metric | AAAA | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.49% | 0.18% | |
| AUM | $276M | $455.8B | |
| Dividend Yield | 1.28% | 0.41% | |
| Holdings | 47 | 108 | |
| YTD Return | +13.15% | +19.68% | |
| 1Y Return | +20.64% | +26.75% | |
| 3Y Return (annualized) | - | +26.25% | |
| 5Y Return (annualized) | - | +15.39% | |
| Volatility (annualized) | 11.5% | 30.6% | |
| Max Drawdown | -7.8% | -83.0% | |
| Fund Family | Amplius | Invesco (US) | |
| Category | Allocation/Balanced | Equity | |
| Inception | Jul 15, 2025 | Mar 10, 1999 |
AAAA vs QQQ Performance
Amplius Aggressive Asset Allocation ETF (AAAA) is a ETF from Amplius and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year AAAA returned +20.64% while QQQ returned +26.75%. Year to date, AAAA is up 13.15% versus a gain of 19.68% for QQQ.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% compared with 11.5% for AAAA. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -7.8% for AAAA and -83.0% for QQQ. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.94. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
AAAA charges 0.49% per year while QQQ charges 0.18%. On a $10,000 position that is $49 vs $18 annually, a gap of $31 per year that compounds over a long holding period. On income, AAAA currently yields 1.28% against 0.41% for QQQ.
Holdings Overlap
AAAA and QQQ share 15 holdings out of 134 unique holdings combined, representing a 10.4% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, AAAA or QQQ?
AAAA has an expense ratio of 0.49% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $31 per year of difference.
Which performed better, AAAA or QQQ?
Over the past year AAAA returned +20.64% vs +26.75% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (1 years), AAAA annualized +22.81% vs +13.15% for QQQ. Past performance does not guarantee future results.
Which is riskier, AAAA or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 11.5% for AAAA. Worst drawdown: AAAA -7.8% vs QQQ -83.0%.
Should I hold both AAAA and QQQ?
AAAA and QQQ have a monthly-return correlation of 0.94, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.
What is the holdings overlap between AAAA and QQQ?
AAAA and QQQ share 15 common holdings with a 10.4% weight overlap. Combined, they hold 134 unique securities.
Which pays a higher dividend, AAAA or QQQ?
AAAA yields 1.28% while QQQ yields 0.41%, so AAAA currently pays the higher dividend yield.
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