AESR vs QQQ
Anfield US Equity Sector Rotation ETF vs Invesco QQQ Trust, Series 1
Which is better, AESR or QQQ?
Large Cap Blend against Large Cap Growth.
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.92. QQQ is less concentrated, with 46.5% of the fund in its ten largest positions against 84.5%.
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 | AESR | QQQ |
|---|---|---|
| Expense Ratio | 0.97% | 0.18%Best |
| AUM | $248M | $483.5B |
| Dividend Yield | 0.00% | 0.44% |
| Holdings | 32 | 107 |
| YTD Return | +15.31% | +17.95%Best |
| 1Y Return | +18.24% | +21.77%Best |
| 3Y Return (annualized) | +24.72% | +25.63%Best |
| 5Y Return (annualized) | +13.79% | +15.24%Best |
| Volatility (annualized) | 17.7%Best | 20.9% |
| Max Drawdown | -31.1%Best | -35.1% |
| $10,000 over 5 years | $19,077 | $20,324Best |
| Top 10 Weight | 84.5% | 46.5%Best |
| Fund Family | Horizon Funds | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Growth |
| Inception | Dec 16, 2019 | Mar 10, 1999 |
Volatility and max drawdown are measured over the window both funds cover: Dec 17, 2019 to Sep 18, 2026 (6.8 years).
AESR 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 6.8 years both funds cover.
AESR vs QQQ Performance
Anfield US Equity Sector Rotation ETF (AESR) is an ETF from Horizon Funds and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year AESR returned +18.24% while QQQ returned +21.77%. Year to date, AESR is up 15.31% versus a gain of 17.95% for QQQ.
Over three years, AESR compounded at +24.72% per year against +25.63% for QQQ; over five years the annualized figures are +13.79% and +15.24% respectively. Across the full 7-year window we track, QQQ has the edge at +20.68% annualized vs +15.53%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 20.9% compared with 17.7% for AESR. 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 -31.1% for AESR and -35.1% 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 0.92. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
AESR charges 0.97% per year while QQQ charges 0.18%. On a $10,000 position that is $97 vs $18 annually, a gap of $79 per year that compounds over a long holding period. On income, AESR currently yields 0.00% against 0.44% for QQQ.
Holdings Overlap
1.6% of AESR's money is in holdings QQQ also owns. 0.8% of QQQ's money is in holdings AESR also owns.
AESR and QQQ share little of their money.
2 positions in common, counted across the 32 positions we hold weights for in AESR and 102 in QQQ, against full books of 32 and 107.
What only one of them owns
Our book lists 94 positions for QQQ that do not appear in our book for AESR (96.8% of the fund), and 27 for AESR that do not appear in QQQ (96.2%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
You are not choosing between two funds in isolation.
Whichever of AESR 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, AESR or QQQ?
AESR has an expense ratio of 0.97% while QQQ charges 0.18%. QQQ is the cheaper option, by $79 a year on a $10,000 investment.
Which performed better, AESR or QQQ?
Over the past year AESR returned +18.24% vs +21.77% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (7 years), AESR annualized +15.53% vs +20.68% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, AESR or QQQ?
QQQ has been the more volatile fund at 20.9% annualized versus 17.7% for AESR. Worst drawdown: AESR -31.1% vs QQQ -35.1%.
Should I hold both AESR and QQQ?
AESR and QQQ have a monthly-return correlation of 0.92, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between AESR and QQQ?
1.6% of AESR's money is in holdings QQQ also owns. 0.8% of QQQ's is in holdings AESR also owns. They hold 2 positions in common, counted across the 32 positions we hold weights for in AESR and 102 in QQQ.
Which pays a higher dividend, AESR or QQQ?
AESR yields 0.00% while QQQ yields 0.44%, so QQQ currently pays the higher dividend yield.
Is QQQ better than AESR?
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.92. QQQ is less concentrated, with 46.5% of the fund in its ten largest positions against 84.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.