AMOM vs QQQ
Qraft AI-Enhanced US Large Cap Momentum ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. AMOM delivered stronger 1-year returns. QQQ offers more diversification with 108 holdings.
Side-by-Side Comparison
| Metric | AMOM | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.75% | 0.18% | |
| AUM | $26M | $496.3B | |
| Dividend Yield | 0.04% | 0.44% | |
| Holdings | 51 | 108 | |
| YTD Return | +17.41% | +16.23% | |
| 1Y Return | +28.08% | +26.23% | |
| 3Y Return (annualized) | +23.53% | +25.75% | |
| 5Y Return (annualized) | +10.24% | +14.78% | |
| Volatility (annualized) | 21.8% | 30.6% | |
| Max Drawdown | -39.7% | -83.0% | |
| Fund Family | QRAFT AI ETFs | Invesco (US) | |
| Category | Equity | Equity | |
| Inception | May 20, 2019 | Mar 10, 1999 |
AMOM vs QQQ Performance
Qraft AI-Enhanced US Large Cap Momentum ETF (AMOM) is a ETF from QRAFT AI ETFs and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year AMOM returned +28.08% while QQQ returned +26.23%. Year to date, AMOM is up 17.41% versus a gain of 16.23% for QQQ.
Over three years, AMOM compounded at +23.53% per year against +25.75% for QQQ; over five years the annualized figures are +10.24% and +14.78% respectively. Across the full 7-year window we track, AMOM has the edge at +16.79% annualized vs +13.02%. 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 21.8% for AMOM. 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 -39.7% for AMOM 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 0.88. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
AMOM 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, AMOM currently yields 0.04% against 0.44% for QQQ.
Holdings Overlap
AMOM and QQQ share 15 holdings out of 136 unique holdings combined, representing a 21.1% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, AMOM or QQQ?
AMOM 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, AMOM or QQQ?
Over the past year AMOM returned +28.08% vs +26.23% for QQQ, so AMOM leads on 1-year performance. Over the longest common window we track (7 years), AMOM annualized +16.79% vs +13.02% for QQQ. Past performance does not guarantee future results.
Which is riskier, AMOM or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 21.8% for AMOM. Worst drawdown: AMOM -39.7% vs QQQ -83.0%.
Should I hold both AMOM and QQQ?
AMOM and QQQ have a monthly-return correlation of 0.88, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between AMOM and QQQ?
AMOM and QQQ share 15 common holdings with a 21.1% weight overlap. Combined, they hold 136 unique securities.
Which pays a higher dividend, AMOM or QQQ?
AMOM yields 0.04% while QQQ yields 0.44%, so QQQ currently pays the higher dividend yield.
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