AIEQ vs QQQ
Amplify AI Powered Equity ETF vs Invesco QQQ Trust, Series 1
Which is better, AIEQ or QQQ?
QQQ has been ahead.
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window. AIEQ is less concentrated, with 43.7% of the fund in its ten largest positions against 46.5%.
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 | AIEQ | QQQ |
|---|---|---|
| Expense Ratio | 0.75% | 0.18%Best |
| AUM | $121M | $483.5B |
| Dividend Yield | 0.38% | 0.44% |
| Holdings | 324 | 107 |
| YTD Return | +10.21% | +15.94%Best |
| 1Y Return | +12.19% | +20.44%Best |
| 3Y Return (annualized) | +17.76% | +24.86%Best |
| 5Y Return (annualized) | +4.08% | +14.26%Best |
| Volatility (annualized) | 21.0% | 20.0%Best |
| Max Drawdown | -39.0% | -35.1%Best |
| $10,000 over 5 years | $12,213 | $19,475Best |
| Top 10 Weight | 43.7%Best | 46.5% |
| Fund Family | Amplify ETFs | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | Oct 17, 2017 | Mar 10, 1999 |
Volatility and max drawdown are measured over the window both funds cover: Oct 18, 2017 to Sep 14, 2026 (8.9 years).
AIEQ 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 8.9 years both funds cover.
AIEQ vs QQQ Performance
Amplify AI Powered Equity ETF (AIEQ) is an ETF from Amplify ETFs and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year AIEQ returned +12.19% while QQQ returned +20.44%. Year to date, AIEQ is up 10.21% versus a gain of 15.94% for QQQ.
Over three years, AIEQ compounded at +17.76% per year against +24.86% for QQQ; over five years the annualized figures are +4.08% and +14.26% respectively. Across the full 9-year window we track, QQQ has the edge at +19.59% annualized vs +9.68%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
AIEQ has been the more volatile fund, with annualized monthly volatility of 21.0% compared with 20.0% 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 -39.0% for AIEQ 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 0.85. 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 0.38% against 0.44% for QQQ.
Holdings Overlap
34.6% of AIEQ's money is in holdings QQQ also owns. 69.6% of QQQ's money is in holdings AIEQ also owns.
The two portfolios partly overlap.
38 positions in common, counted across the 162 positions we hold weights for in AIEQ and 102 in QQQ, against full books of 324 and 107.
What only one of them owns
Our book lists 58 positions for QQQ that do not appear in our book for AIEQ (27.9% of the fund), and 123 for AIEQ that do not appear in QQQ (65.3%).
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 AIEQ | Weight in QQQ | Difference |
|---|---|---|---|
| NVDANvidia Corp | 4.32% | 8.44% | 4.12% |
| AAPLApple, Inc | 1.89% | 7.27% | 5.38% |
| MSFTMicrosoft Corp | 3.33% | 5.76% | 2.43% |
| NFLXNetflix, Inc. | 5.44% | 1.37% | 4.07% |
| GOOGLAlphabet Inc,class A | 3.21% | 3.36% | 0.15% |
| MUMicron Technology, Inc. | 1.76% | 4.43% | 2.67% |
| GOOGAlphabet Inc | 2.89% | 3.13% | 0.24% |
| AVGOBroadcom Inc | 2.80% | 3.16% | 0.36% |
| AMZNAmazon.Com Inc | 0.05% | 4.67% | 4.62% |
| AMDAdvanced Micro Devices Inc | 0.05% | 3.45% | 3.40% |
69.6% of QQQ is already inside AIEQ.
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, AIEQ or QQQ?
AIEQ has an expense ratio of 0.75% while QQQ charges 0.18%. QQQ is the cheaper option, by $57 a year on a $10,000 investment.
Which performed better, AIEQ or QQQ?
Over the past year AIEQ returned +12.19% vs +20.44% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (9 years), AIEQ annualized +9.68% vs +19.59% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, AIEQ or QQQ?
AIEQ has been the more volatile fund at 21.0% annualized versus 20.0% for QQQ. Worst drawdown: AIEQ -39.0% vs QQQ -35.1%.
Should I hold both AIEQ and QQQ?
AIEQ and QQQ have a monthly-return correlation of 0.85, 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 AIEQ and QQQ?
69.6% of QQQ's money is in holdings AIEQ also owns. 69.6% of QQQ's is in holdings AIEQ also owns. They hold 38 positions in common, counted across the 162 positions we hold weights for in AIEQ and 102 in QQQ.
Which pays a higher dividend, AIEQ or QQQ?
AIEQ yields 0.38% while QQQ yields 0.44%, so QQQ currently pays the higher dividend yield.
Is QQQ better than AIEQ?
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window. AIEQ is less concentrated, with 43.7% of the fund in its ten largest positions against 46.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.