AIOO vs QQQ
AllianzIM US Equity Buffer100 Protection ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. QQQ delivered stronger 1-year returns. QQQ offers more diversification with 108 holdings.
Side-by-Side Comparison
| Metric | AIOO | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.64% | 0.18% | |
| AUM | $50M | $496.3B | |
| Dividend Yield | 0.00% | 0.44% | |
| Holdings | 4 | 108 | |
| YTD Return | +2.94% | +16.64% | |
| 1Y Return | +5.15% | +27.27% | |
| 3Y Return (annualized) | - | +25.96% | |
| 5Y Return (annualized) | - | +14.54% | |
| Volatility (annualized) | 1.7% | 30.6% | |
| Max Drawdown | -0.7% | -83.0% | |
| Fund Family | AllianzIM | Invesco (US) | |
| Category | Alternative | Equity | |
| Inception | Jun 30, 2025 | Mar 10, 1999 |
AIOO vs QQQ Performance
AllianzIM US Equity Buffer100 Protection ETF (AIOO) is a ETF from AllianzIM and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year AIOO returned +5.15% while QQQ returned +27.27%. Year to date, AIOO is up 2.94% versus a gain of 16.64% for QQQ.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% compared with 1.7% for AIOO. 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 -0.7% for AIOO 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 0.93. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
AIOO charges 0.64% per year while QQQ charges 0.18%. On a $10,000 position that is $64 vs $18 annually, a gap of $46 per year that compounds over a long holding period. On income, AIOO currently yields 0.00% against 0.44% for QQQ.
Frequently Asked Questions
Which is cheaper, AIOO or QQQ?
AIOO has an expense ratio of 0.64% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $46 per year of difference.
Which performed better, AIOO or QQQ?
Over the past year AIOO returned +5.15% vs +27.27% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (1 years), AIOO annualized +5.02% vs +13.03% for QQQ. Past performance does not guarantee future results.
Which is riskier, AIOO or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 1.7% for AIOO. Worst drawdown: AIOO -0.7% vs QQQ -83.0%.
Should I hold both AIOO and QQQ?
AIOO and QQQ have a monthly-return correlation of 0.93, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.
Which pays a higher dividend, AIOO or QQQ?
AIOO yields 0.00% while QQQ yields 0.44%, so QQQ currently pays the higher dividend yield.
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