AAPX vs QQQ

AAPX vs QQQ

Which is better, AAPX or QQQ?

Leverage Strategy against Large Cap Growth.

QQQ has a lower expense ratio. AAPX led over 1Y and the full window.

Lower Fees: QQQHigher Returns: AAPX

MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.

Side-by-Side Comparison

MetricAAPXQQQ
Expense Ratio1.05%0.18%Best
AUM$7M$483.5B
Dividend Yield0.00%0.44%
Holdings5107
YTD Return+35.22%Best+17.95%
1Y Return+66.66%Best+21.77%
3Y Return (annualized)-+25.63%
5Y Return (annualized)-+15.24%
Volatility (annualized)43.7%17.2%Best
Max Drawdown-58.5%-22.8%Best
$10,000 over 2.7 years$20,005Best$17,918
Fund FamilyREX SharesInvesco (US)
CategoryAlternativeEquity
StyleLeverage StrategyLarge Cap Growth
InceptionJan 11, 2024Mar 10, 1999

Not shown on this pair: Top 10 Weight.

Volatility and max drawdown, and the $10,000 over 2.7 years row, are measured over the window both funds cover: Jan 11, 2024 to Sep 18, 2026 (2.7 years).

AAPX vs QQQ growth

Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 2.7 years both funds cover.

AAPX vs QQQ Performance

T-REX 2X LONG APPLE DAILY TARGET ETF (AAPX) is an ETF from REX Shares and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year AAPX returned +66.66% while QQQ returned +21.77%. Year to date, AAPX is up 35.22% versus a gain of 17.95% for QQQ.

Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

AAPX has been the more volatile fund, with annualized monthly volatility of 43.7% compared with 17.2% for QQQ. 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 -58.5% for AAPX and -22.8% for QQQ. Drawdown depth is what each fund did in the worst stretch of the window measured above.

The two funds' monthly returns correlate at 0.40. They move together some of the time, and apart the rest.

Fees and Cost Over Time

AAPX charges 1.05% per year while QQQ charges 0.18%. On a $10,000 position that is $105 vs $18 annually, a gap of $87 per year that compounds over a long holding period. On income, AAPX currently yields 0.00% against 0.44% for QQQ.

You are not choosing between two funds in isolation.

Whichever of AAPX and QQQ you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.

AAPXQQQ

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Frequently Asked Questions

Which is cheaper, AAPX or QQQ?

AAPX has an expense ratio of 1.05% while QQQ charges 0.18%. QQQ is the cheaper option, by $87 a year on a $10,000 investment.

Which performed better, AAPX or QQQ?

Over the past year AAPX returned +66.66% vs +21.77% for QQQ, so AAPX leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.

Which is riskier, AAPX or QQQ?

AAPX has been the more volatile fund at 43.7% annualized versus 17.2% for QQQ. Worst drawdown: AAPX -58.5% vs QQQ -22.8%.

Should I hold both AAPX and QQQ?

AAPX and QQQ have a monthly-return correlation of 0.40, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.

Which pays a higher dividend, AAPX or QQQ?

AAPX yields 0.00% while QQQ yields 0.44%, so QQQ currently pays the higher dividend yield.

Is QQQ better than AAPX?

QQQ has a lower expense ratio. AAPX led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.