ADDS vs QQQ
Hedgeye Index Adds 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 | ADDS | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.70% | 0.18% | |
| AUM | $5M | $496.3B | |
| Dividend Yield | 0.00% | 0.44% | |
| Holdings | 39 | 108 | |
| YTD Return | +2.55% | +19.52% | |
| 1Y Return | - | +26.68% | |
| 3Y Return (annualized) | - | +26.64% | |
| 5Y Return (annualized) | - | +15.36% | |
| Volatility (annualized) | - | 30.6% | |
| Max Drawdown | -14.8% | -83.0% | |
| Fund Family | Hedgeye Asset Management | Invesco (US) | |
| Category | Equity | Equity | |
| Inception | May 27, 2026 | Mar 10, 1999 |
ADDS vs QQQ Performance
Hedgeye Index Adds ETF (ADDS) is a ETF from Hedgeye Asset Management and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Year to date, ADDS is up 2.55% versus a gain of 19.52% for QQQ.
Risk: Volatility and Drawdowns
The deepest peak-to-trough decline in our data was -14.8% for ADDS 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
ADDS charges 0.70% per year while QQQ charges 0.18%. On a $10,000 position that is $70 vs $18 annually, a gap of $52 per year that compounds over a long holding period. On income, ADDS currently yields 0.00% against 0.44% for QQQ.
Holdings Overlap
ADDS and QQQ share 1 holdings out of 140 unique holdings combined, representing a 0.1% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in ADDS | Weight in QQQ | Difference |
|---|---|---|---|
| ALNY | 1.08% | 0.13% | 0.95% |
Frequently Asked Questions
Which is cheaper, ADDS or QQQ?
ADDS has an expense ratio of 0.70% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $52 per year of difference.
What is the holdings overlap between ADDS and QQQ?
ADDS and QQQ share 1 common holdings with a 0.1% weight overlap. Combined, they hold 140 unique securities.
Which pays a higher dividend, ADDS or QQQ?
ADDS yields 0.00% while QQQ yields 0.44%, so QQQ currently pays the higher dividend yield.
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