AIEQ vs QQQ
Amplify AI Powered Equity ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. QQQ delivered stronger 1-year returns. AIEQ offers more diversification with 163 holdings.
Side-by-Side Comparison
| Metric | AIEQ | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.75% | 0.18% | |
| AUM | $125M | $496.3B | |
| Dividend Yield | 0.39% | 0.44% | |
| Holdings | 163 | 108 | |
| YTD Return | +12.32% | +16.64% | |
| 1Y Return | +17.17% | +27.27% | |
| 3Y Return (annualized) | +19.07% | +25.96% | |
| 5Y Return (annualized) | +4.73% | +14.54% | |
| Volatility (annualized) | 21.1% | 30.6% | |
| Max Drawdown | -39.0% | -83.0% | |
| Fund Family | Amplify ETFs | Invesco (US) | |
| Category | Equity | Equity | |
| Inception | Oct 17, 2017 | Mar 10, 1999 |
AIEQ vs QQQ Performance
Amplify AI Powered Equity ETF (AIEQ) is a ETF from Amplify ETFs and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year AIEQ returned +17.17% while QQQ returned +27.27%. Year to date, AIEQ is up 12.32% versus a gain of 16.64% for QQQ.
Over three years, AIEQ compounded at +19.07% per year against +25.96% for QQQ; over five years the annualized figures are +4.73% and +14.54% respectively. Across the full 9-year window we track, QQQ has the edge at +13.03% annualized vs +9.99%. 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 21.1% for AIEQ. 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 -39.0% for AIEQ 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 0.85. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
AIEQ charges 0.75% per year while QQQ charges 0.18%. On a $10,000 position that is $75 vs $18 annually, a gap of $57 per year that compounds over a long holding period. On income, AIEQ currently yields 0.39% against 0.44% for QQQ.
Holdings Overlap
AIEQ and QQQ share 32 holdings out of 231 unique holdings combined, representing a 21.8% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, AIEQ or QQQ?
AIEQ has an expense ratio of 0.75% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $57 per year of difference.
Which performed better, AIEQ or QQQ?
Over the past year AIEQ returned +17.17% vs +27.27% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (9 years), AIEQ annualized +9.99% vs +13.03% for QQQ. Past performance does not guarantee future results.
Which is riskier, AIEQ or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 21.1% for AIEQ. Worst drawdown: AIEQ -39.0% vs QQQ -83.0%.
Should I hold both AIEQ and QQQ?
AIEQ and QQQ have a monthly-return correlation of 0.85, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between AIEQ and QQQ?
AIEQ and QQQ share 32 common holdings with a 21.8% weight overlap. Combined, they hold 231 unique securities.
Which pays a higher dividend, AIEQ or QQQ?
AIEQ yields 0.39% while QQQ yields 0.44%, so QQQ currently pays the higher dividend yield.
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