ADVE vs QQQ
Matthews Asia Dividend Active ETF vs Invesco QQQ Trust, Series 1
Which is better, ADVE or QQQ?
All Cap Blend against Large Cap Growth.
QQQ has a lower expense ratio. ADVE led over 1Y, QQQ over 3Y and the full window.
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
| Metric | ADVE | QQQ |
|---|---|---|
| Expense Ratio | 0.79% | 0.18%Best |
| AUM | $9M | $437.3B |
| Dividend Yield | 2.42% | 0.43% |
| Holdings | 139 | 208 |
| YTD Return | +11.56%Best | +11.18% |
| 1Y Return | +15.19%Best | +9.52% |
| 3Y Return (annualized) | +18.03% | +22.24%Best |
| 5Y Return (annualized) | - | +12.11% |
| Volatility (annualized) | 12.2%Best | 17.6% |
| Max Drawdown | -18.4%Best | -22.8% |
| $10,000 over 3.1 years | $16,119 | $19,176Best |
| Fund Family | Matthews Asia Funds | Invesco (US) |
| Category | Equity | Equity |
| Style | All Cap Blend | Large Cap Growth |
| Inception | Sep 21, 2023 | Mar 10, 1999 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 3.1 years row, are measured over the window both funds cover: Sep 22, 2023 to Nov 9, 2026 (3.1 years).
ADVE 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 3.1 years both funds cover.
ADVE vs QQQ Performance
Matthews Asia Dividend Active ETF (ADVE) is an ETF from Matthews Asia Funds and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year ADVE returned +15.19% while QQQ returned +9.52%. Year to date, ADVE is up 11.56% versus a gain of 11.18% for QQQ.
Over three years, ADVE compounded at +18.03% per year against +22.24% for QQQ.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 17.6% compared with 12.2% for ADVE. 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 -18.4% for ADVE 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 0.59. They move together some of the time, and apart the rest.
Fees and Cost Over Time
ADVE charges 0.79% per year while QQQ charges 0.18%. On a $10,000 position that is $79 vs $18 annually, a gap of $61 per year that compounds over a long holding period. On income, ADVE currently yields 2.42% against 0.43% for QQQ.
Holdings Overlap
We hold position weights for 65 holdings in ADVE and 101 in QQQ, totalling 94.6% and 99.7% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 65 positions we hold weights for in ADVE and 101 in QQQ, against full books of 139 and 208.
You are not choosing between two funds in isolation.
Whichever of ADVE and QQQ you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, ADVE or QQQ?
ADVE has an expense ratio of 0.79% while QQQ charges 0.18%. QQQ is the cheaper option, by $61 a year on a $10,000 investment.
Which performed better, ADVE or QQQ?
Over the past year ADVE returned +15.19% vs +9.52% for QQQ, so ADVE leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, ADVE or QQQ?
QQQ has been the more volatile fund at 17.6% annualized versus 12.2% for ADVE. Worst drawdown: ADVE -18.4% vs QQQ -22.8%.
Should I hold both ADVE and QQQ?
ADVE and QQQ have a monthly-return correlation of 0.59, 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, ADVE or QQQ?
ADVE yields 2.42% while QQQ yields 0.43%, so ADVE currently pays the higher dividend yield.
Is QQQ better than ADVE?
QQQ has a lower expense ratio. ADVE led over 1Y, QQQ over 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.