AAPW vs QQQ
Roundhill AAPL WeeklyPay ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. AAPW delivered stronger 1-year returns. QQQ offers more diversification with 108 holdings.
Side-by-Side Comparison
| Metric | AAPW | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 1.00% | 0.18% | |
| AUM | $39M | $496.3B | |
| Dividend Yield | 30.47% | 0.44% | |
| Holdings | 6 | 108 | |
| YTD Return | +4.16% | +16.64% | |
| 1Y Return | +27.79% | +27.27% | |
| 3Y Return (annualized) | - | +25.96% | |
| 5Y Return (annualized) | - | +14.54% | |
| Volatility (annualized) | 26.6% | 30.6% | |
| Max Drawdown | -35.3% | -83.0% | |
| Fund Family | Roundhill Investments | Invesco (US) | |
| Category | Equity | Equity | |
| Inception | Feb 19, 2025 | Mar 10, 1999 |
AAPW vs QQQ Performance
Roundhill AAPL WeeklyPay ETF (AAPW) is a ETF from Roundhill Investments and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year AAPW returned +27.79% while QQQ returned +27.27%. Year to date, AAPW is up 4.16% versus a gain of 16.64% for QQQ.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% compared with 26.6% for AAPW. 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 -35.3% for AAPW 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 0.45. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
AAPW charges 1.00% per year while QQQ charges 0.18%. On a $10,000 position that is $100 vs $18 annually, a gap of $82 per year that compounds over a long holding period. On income, AAPW currently yields 30.47% against 0.44% for QQQ.
Holdings Overlap
AAPW and QQQ share 1 holdings out of 103 unique holdings combined, representing a 7.3% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in AAPW | Weight in QQQ | Difference |
|---|---|---|---|
| AAPL | 13.06% | 7.27% | 5.79% |
Frequently Asked Questions
Which is cheaper, AAPW or QQQ?
AAPW has an expense ratio of 1.00% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $82 per year of difference.
Which performed better, AAPW or QQQ?
Over the past year AAPW returned +27.79% vs +27.27% for QQQ, so AAPW leads on 1-year performance. Over the longest common window we track (2 years), AAPW annualized +15.05% vs +13.03% for QQQ. Past performance does not guarantee future results.
Which is riskier, AAPW or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 26.6% for AAPW. Worst drawdown: AAPW -35.3% vs QQQ -83.0%.
Should I hold both AAPW and QQQ?
AAPW and QQQ have a monthly-return correlation of 0.45, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between AAPW and QQQ?
AAPW and QQQ share 1 common holdings with a 7.3% weight overlap. Combined, they hold 103 unique securities.
Which pays a higher dividend, AAPW or QQQ?
AAPW yields 30.47% while QQQ yields 0.44%, so AAPW currently pays the higher dividend yield.
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