AGOX vs QQQ
Adaptive Alpha Opportunities ETF vs Invesco QQQ Trust, Series 1
Which is better, AGOX or QQQ?
All Cap Blend against Large Cap Growth.
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y 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 | AGOX | QQQ |
|---|---|---|
| Expense Ratio | 1.33% | 0.18%Best |
| AUM | $376M | $483.5B |
| Dividend Yield | 2.75% | 0.44% |
| Holdings | 113 | 107 |
| YTD Return | +14.03% | +17.21%Best |
| 1Y Return | +11.86% | +22.10%Best |
| 3Y Return (annualized) | +13.51% | +25.27%Best |
| 5Y Return (annualized) | +6.67% | +14.60%Best |
| Volatility (annualized) | 18.5%Best | 20.6% |
| Max Drawdown | -26.9%Best | -35.1% |
| $10,000 over 5 years | $13,811 | $19,766Best |
| Fund Family | Adaptive ETFs | Invesco (US) |
| Category | Equity | Equity |
| Style | All Cap Blend | Large Cap Growth |
| Inception | Sep 20, 2012 | Mar 10, 1999 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: May 10, 2021 to Sep 17, 2026 (5.4 years).
AGOX 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 5.4 years both funds cover.
AGOX vs QQQ Performance
Adaptive Alpha Opportunities ETF (AGOX) is an ETF from Adaptive ETFs and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year AGOX returned +11.86% while QQQ returned +22.10%. Year to date, AGOX is up 14.03% versus a gain of 17.21% for QQQ.
Over three years, AGOX compounded at +13.51% per year against +25.27% for QQQ; over five years the annualized figures are +6.67% and +14.60% respectively.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 20.6% compared with 18.5% for AGOX. 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 -26.9% for AGOX 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 0.87. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
AGOX charges 1.33% per year while QQQ charges 0.18%. On a $10,000 position that is $133 vs $18 annually, a gap of $115 per year that compounds over a long holding period. On income, AGOX currently yields 2.75% against 0.44% for QQQ.
Holdings Overlap
At least 8.4% of QQQ's money is in holdings AGOX also owns.
Stated as a floor: for AGOX, our book for it covers 77.6% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
QQQ and AGOX share little of their money.
1 positions in common, counted across the 26 positions we hold weights for in AGOX and 102 in QQQ, against full books of 113 and 107.
Top Shared Holdings
| Stock | Weight in AGOX | Weight in QQQ | Difference |
|---|---|---|---|
| NVDANvidia Corp | 1.78% | 8.44% | 6.66% |
You are not choosing between two funds in isolation.
Whichever of AGOX 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, AGOX or QQQ?
AGOX has an expense ratio of 1.33% while QQQ charges 0.18%. QQQ is the cheaper option, by $115 a year on a $10,000 investment.
Which performed better, AGOX or QQQ?
Over the past year AGOX returned +11.86% vs +22.10% for QQQ, so QQQ leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, AGOX or QQQ?
QQQ has been the more volatile fund at 20.6% annualized versus 18.5% for AGOX. Worst drawdown: AGOX -26.9% vs QQQ -35.1%.
Should I hold both AGOX and QQQ?
AGOX and QQQ have a monthly-return correlation of 0.87, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between AGOX and QQQ?
At least 8.4% of QQQ's money is in holdings AGOX also owns. Our book for AGOX is partial, so the real figure is this or higher. They hold 1 positions in common, counted across the 26 positions we hold weights for in AGOX and 102 in QQQ.
Which pays a higher dividend, AGOX or QQQ?
AGOX yields 2.75% while QQQ yields 0.44%, so AGOX currently pays the higher dividend yield.
Is QQQ better than AGOX?
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.