ADPV vs QQQ
Adaptiv Select 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 108 holdings.
Side-by-Side Comparison
| Metric | ADPV | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 1.00% | 0.18% | |
| AUM | $184M | $496.3B | |
| Dividend Yield | 0.67% | 0.44% | |
| Holdings | 26 | 108 | |
| YTD Return | +2.56% | +16.23% | |
| 1Y Return | +15.03% | +26.23% | |
| 3Y Return (annualized) | +23.26% | +25.75% | |
| 5Y Return (annualized) | - | +14.78% | |
| Volatility (annualized) | 19.1% | 30.6% | |
| Max Drawdown | -22.3% | -83.0% | |
| Fund Family | Adaptive ETFs | Invesco (US) | |
| Category | Equity | Equity | |
| Inception | Nov 4, 2022 | Mar 10, 1999 |
ADPV vs QQQ Performance
Adaptiv Select ETF (ADPV) is a ETF from Adaptive ETFs and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year ADPV returned +15.03% while QQQ returned +26.23%. Year to date, ADPV is up 2.56% versus a gain of 16.23% for QQQ.
Over three years, ADPV compounded at +23.26% per year against +25.75% for QQQ. Across the full 4-year window we track, ADPV has the edge at +17.19% annualized vs +13.02%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% compared with 19.1% for ADPV. 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 -22.3% for ADPV 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 0.46. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
ADPV 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, ADPV currently yields 0.67% against 0.44% for QQQ.
Holdings Overlap
ADPV and QQQ share 0 holdings out of 128 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, ADPV or QQQ?
ADPV 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, ADPV or QQQ?
Over the past year ADPV returned +15.03% vs +26.23% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (4 years), ADPV annualized +17.19% vs +13.02% for QQQ. Past performance does not guarantee future results.
Which is riskier, ADPV or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 19.1% for ADPV. Worst drawdown: ADPV -22.3% vs QQQ -83.0%.
Should I hold both ADPV and QQQ?
ADPV and QQQ have a monthly-return correlation of 0.46, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between ADPV and QQQ?
ADPV and QQQ share 0 common holdings with a 0.0% weight overlap. Combined, they hold 128 unique securities.
Which pays a higher dividend, ADPV or QQQ?
ADPV yields 0.67% while QQQ yields 0.44%, so ADPV currently pays the higher dividend yield.
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