AAAP vs QQQ
Pacer Barings CLO Market Flex ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. QQQ offers more diversification with 108 holdings.
Side-by-Side Comparison
| Metric | AAAP | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.39% | 0.18% | |
| AUM | $100M | $496.3B | |
| Dividend Yield | 0.23% | 0.44% | |
| Holdings | 2 | 108 | |
| YTD Return | +1.39% | +17.07% | |
| 1Y Return | - | +26.39% | |
| 3Y Return (annualized) | - | +26.08% | |
| 5Y Return (annualized) | - | +15.18% | |
| Volatility (annualized) | - | 30.6% | |
| Max Drawdown | -0.1% | -83.0% | |
| Fund Family | Pacer ETFs | Invesco (US) | |
| Category | Fixed Income | Equity | |
| Inception | Jun 22, 2026 | Mar 10, 1999 |
AAAP vs QQQ Performance
Pacer Barings CLO Market Flex ETF (AAAP) is a ETF from Pacer ETFs and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Year to date, AAAP is up 1.39% versus a gain of 17.07% for QQQ.
Risk: Volatility and Drawdowns
The deepest peak-to-trough decline in our data was -0.1% for AAAP and -83.0% for QQQ. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
Fees and Cost Over Time
AAAP charges 0.39% per year while QQQ charges 0.18%. On a $10,000 position that is $39 vs $18 annually, a gap of $21 per year that compounds over a long holding period. On income, AAAP currently yields 0.23% against 0.44% for QQQ.
Holdings Overlap
AAAP and QQQ share 0 holdings out of 104 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, AAAP or QQQ?
AAAP has an expense ratio of 0.39% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $21 per year of difference.
What is the holdings overlap between AAAP and QQQ?
AAAP and QQQ share 0 common holdings with a 0.0% weight overlap. Combined, they hold 104 unique securities.
Which pays a higher dividend, AAAP or QQQ?
AAAP yields 0.23% while QQQ yields 0.44%, so QQQ currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.