ADVE vs QQQ
Matthews Asia Dividend Active ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. ADVE delivered stronger 1-year returns. QQQ offers more diversification with 108 holdings.
Side-by-Side Comparison
| Metric | ADVE | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.79% | 0.18% | |
| AUM | $9M | $496.3B | |
| Dividend Yield | 2.22% | 0.44% | |
| Holdings | 66 | 108 | |
| YTD Return | +16.30% | +16.64% | |
| 1Y Return | +29.92% | +27.27% | |
| 3Y Return (annualized) | +19.71% | +25.96% | |
| 5Y Return (annualized) | - | +14.54% | |
| Volatility (annualized) | 12.2% | 30.6% | |
| Max Drawdown | -18.4% | -83.0% | |
| Fund Family | Matthews Asia Funds | Invesco (US) | |
| Category | Equity | Equity | |
| Inception | Sep 21, 2023 | Mar 10, 1999 |
ADVE vs QQQ Performance
Matthews Asia Dividend Active ETF (ADVE) is a ETF from Matthews Asia Funds and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year ADVE returned +29.92% while QQQ returned +27.27%. Year to date, ADVE is up 16.30% versus a gain of 16.64% for QQQ.
Over three years, ADVE compounded at +19.71% per year against +25.96% for QQQ. Across the full 3-year window we track, ADVE has the edge at +19.71% annualized vs +13.03%. 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 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 -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 0.56. They move independently enough that combining them can meaningfully diversify a portfolio.
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 2.22% against 0.44% for QQQ.
Holdings Overlap
ADVE and QQQ share 0 holdings out of 164 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, ADVE or QQQ?
ADVE has an expense ratio of 0.79% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $61 per year of difference.
Which performed better, ADVE or QQQ?
Over the past year ADVE returned +29.92% vs +27.27% for QQQ, so ADVE leads on 1-year performance. Over the longest common window we track (3 years), ADVE annualized +19.71% vs +13.03% for QQQ. Past performance does not guarantee future results.
Which is riskier, ADVE or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 12.2% for ADVE. Worst drawdown: ADVE -18.4% vs QQQ -83.0%.
Should I hold both ADVE and QQQ?
ADVE and QQQ have a monthly-return correlation of 0.56, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between ADVE and QQQ?
ADVE and QQQ share 0 common holdings with a 0.0% weight overlap. Combined, they hold 164 unique securities.
Which pays a higher dividend, ADVE or QQQ?
ADVE yields 2.22% while QQQ yields 0.44%, so ADVE currently pays the higher dividend yield.
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