AGIX vs QQQ
KraneShares Public-Private AI & Technology ETF vs Invesco QQQ Trust, Series 1
Which is better, AGIX or QQQ?
All Cap Blend against Large Cap Growth.
QQQ has a lower expense ratio. AGIX led over the full window, QQQ over 1Y. The two have moved almost in lockstep, correlation 0.96. AGIX is less concentrated, with 32.8% of the fund in its ten largest positions against 46.9%.
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 | AGIX | QQQ |
|---|---|---|
| Expense Ratio | 1.00% | 0.18%Best |
| AUM | $627M | $437.3B |
| Dividend Yield | 0.99% | 0.43% |
| Holdings | 142 | 208 |
| YTD Return | +10.54% | +11.18%Best |
| 1Y Return | +6.52% | +9.52%Best |
| 3Y Return (annualized) | - | +22.24% |
| 5Y Return (annualized) | - | +12.11% |
| Volatility (annualized) | 29.7% | 18.1%Best |
| Max Drawdown | -31.5% | -22.8%Best |
| $10,000 over 2.3 years | $16,371Best | $14,307 |
| Top 10 Weight | 32.8%Best | 46.9% |
| Fund Family | KraneShares | Invesco (US) |
| Category | Equity | Equity |
| Style | All Cap Blend | Large Cap Growth |
| Inception | Jul 18, 2024 | Mar 10, 1999 |
Volatility and max drawdown, and the $10,000 over 2.3 years row, are measured over the window both funds cover: Jul 18, 2024 to Nov 9, 2026 (2.3 years).
AGIX 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 2.3 years both funds cover.
AGIX vs QQQ Performance
KraneShares Public-Private AI & Technology ETF (AGIX) is an ETF from KraneShares and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year AGIX returned +6.52% while QQQ returned +9.52%. Year to date, AGIX is up 10.54% versus a gain of 11.18% for QQQ.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
AGIX has been the more volatile fund, with annualized monthly volatility of 29.7% compared with 18.1% for QQQ. 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 -31.5% for AGIX 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 0.96. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
AGIX 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, AGIX currently yields 0.99% against 0.43% for QQQ.
Holdings Overlap
52.4% of AGIX's money is in holdings QQQ also owns. 60.2% of QQQ's money is in holdings AGIX also owns.
The two portfolios partly overlap.
25 positions in common, counted across the 58 positions we hold weights for in AGIX and 101 in QQQ, against full books of 142 and 208.
What only one of them owns
Our book lists 71 positions for QQQ that do not appear in our book for AGIX (38.5% of the fund), and 24 for AGIX that do not appear in QQQ (31.9%).
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.
Top Shared Holdings
| Stock | Weight in AGIX | Weight in QQQ | Difference |
|---|---|---|---|
| NVDANvidia Corp | 3.80% | 8.05% | 4.25% |
| AAPLApple Inc | 3.08% | 7.68% | 4.60% |
| MSFTMicrosoft Corp | 3.86% | 6.16% | 2.30% |
| METAMeta Platforms Inc | 5.11% | 3.37% | 1.74% |
| AMZNAmazon.Com Inc | 2.99% | 4.23% | 1.24% |
| GOOGLAlphabet Inc | 3.95% | 3.15% | 0.80% |
| MUMicron Technology, Inc. | 1.82% | 4.47% | 2.65% |
| AMDAdvanced Micro Devices Inc | 2.18% | 3.90% | 1.72% |
| TSLATesla Inc | 2.41% | 2.93% | 0.52% |
| SPCXSpace Exploration Technologies | 2.39% | 2.71% | 0.32% |
60.2% of QQQ is already inside AGIX.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, AGIX or QQQ?
AGIX has an expense ratio of 1.00% while QQQ charges 0.18%. QQQ is the cheaper option, by $82 a year on a $10,000 investment.
Which performed better, AGIX or QQQ?
Over the past year AGIX returned +6.52% vs +9.52% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (2 years), AGIX annualized +23.90% vs +16.85% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, AGIX or QQQ?
AGIX has been the more volatile fund at 29.7% annualized versus 18.1% for QQQ. Worst drawdown: AGIX -31.5% vs QQQ -22.8%.
Should I hold both AGIX and QQQ?
AGIX and QQQ have a monthly-return correlation of 0.96, 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 AGIX and QQQ?
60.2% of QQQ's money is in holdings AGIX also owns. 60.2% of QQQ's is in holdings AGIX also owns. They hold 25 positions in common, counted across the 58 positions we hold weights for in AGIX and 101 in QQQ.
Which pays a higher dividend, AGIX or QQQ?
AGIX yields 0.99% while QQQ yields 0.43%, so AGIX currently pays the higher dividend yield.
Is QQQ better than AGIX?
QQQ has a lower expense ratio. AGIX led over the full window, QQQ over 1Y. The two have moved almost in lockstep, correlation 0.96. AGIX is less concentrated, with 32.8% of the fund in its ten largest positions against 46.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.