AMOM vs QQQ
Qraft AI-Enhanced US Large Cap Momentum ETF vs Invesco QQQ Trust, Series 1
Which is better, AMOM or QQQ?
Each has led over a different period.
QQQ has a lower expense ratio. AMOM led over 1Y and 3Y, QQQ over 5Y and the full window. AMOM is less concentrated, with 36.1% 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 | AMOM | QQQ |
|---|---|---|
| Expense Ratio | 0.75% | 0.18%Best |
| AUM | $21M | $483.5B |
| Dividend Yield | 0.03% | 0.44% |
| Holdings | 51 | 107 |
| YTD Return | +20.33%Best | +16.87% |
| 1Y Return | +24.09%Best | +22.98% |
| 3Y Return (annualized) | +25.25%Best | +24.98% |
| 5Y Return (annualized) | +10.64% | +14.39%Best |
| Volatility (annualized) | 21.6% | 20.3%Best |
| Max Drawdown | -39.7% | -35.1%Best |
| $10,000 over 5 years | $16,579 | $19,586Best |
| Top 10 Weight | 36.1%Best | 46.5% |
| Fund Family | QRAFT AI ETFs | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | May 20, 2019 | Mar 10, 1999 |
Volatility and max drawdown are measured over the window both funds cover: May 21, 2019 to Sep 11, 2026 (7.3 years).
AMOM 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 7.3 years both funds cover.
AMOM vs QQQ Performance
Qraft AI-Enhanced US Large Cap Momentum ETF (AMOM) is an ETF from QRAFT AI ETFs and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year AMOM returned +24.09% while QQQ returned +22.98%. Year to date, AMOM is up 20.33% versus a gain of 16.87% for QQQ.
Over three years, AMOM compounded at +25.25% per year against +24.98% for QQQ; over five years the annualized figures are +10.64% and +14.39% respectively. Across the full 7-year window we track, QQQ has the edge at +21.13% annualized vs +17.03%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
AMOM has been the more volatile fund, with annualized monthly volatility of 21.6% compared with 20.3% 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 -39.7% for AMOM 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
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 0.03% against 0.44% for QQQ.
Holdings Overlap
44.3% of AMOM's money is in holdings QQQ also owns. 24.1% of QQQ's money is in holdings AMOM also owns.
The two portfolios partly overlap.
17 positions in common, counted across the 50 positions we hold weights for in AMOM and 102 in QQQ, against full books of 51 and 107.
What only one of them owns
Our book lists 78 positions for QQQ that do not appear in our book for AMOM (72.9% of the fund), and 32 for AMOM that do not appear in QQQ (53.8%).
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 AMOM | Weight in QQQ | Difference |
|---|---|---|---|
| MUMicron Technology, Inc. | 5.19% | 4.43% | 0.76% |
| AMDAdvanced Micro Devices Inc. | 4.13% | 3.45% | 0.68% |
| CSCOCisco Systems Inc. - Ordinary Shares | 4.00% | 2.10% | 1.90% |
| INTCIntel Corp. | 3.09% | 2.23% | 0.86% |
| PANWPalo Alto Networks Inc. | 3.67% | 1.30% | 2.37% |
| AMATApplied Materials, Inc. | 2.69% | 1.86% | 0.83% |
| LRCXLam Research Corp 3.125 06/15/2060 | 2.78% | 1.69% | 1.09% |
| CRWDCrowdstrike Holdings Inc. Class A | 3.13% | 0.94% | 2.19% |
| STXSeagate Technology Plc | 2.96% | 0.83% | 2.13% |
| WDCWestern Digital Corp. | 2.51% | 0.79% | 1.72% |
44.3% of AMOM is already inside QQQ.
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, AMOM or QQQ?
AMOM 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, AMOM or QQQ?
Over the past year AMOM returned +24.09% vs +22.98% for QQQ, so AMOM leads on 1-year performance. Over the longest common window we track (7 years), AMOM annualized +17.03% vs +21.13% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, AMOM or QQQ?
AMOM has been the more volatile fund at 21.6% annualized versus 20.3% for QQQ. Worst drawdown: AMOM -39.7% vs QQQ -35.1%.
Should I hold both AMOM and QQQ?
AMOM 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 AMOM and QQQ?
44.3% of AMOM's money is in holdings QQQ also owns. 24.1% of QQQ's is in holdings AMOM also owns. They hold 17 positions in common, counted across the 50 positions we hold weights for in AMOM and 102 in QQQ.
Which pays a higher dividend, AMOM or QQQ?
AMOM yields 0.03% while QQQ yields 0.44%, so QQQ currently pays the higher dividend yield.
Is QQQ better than AMOM?
QQQ has a lower expense ratio. AMOM led over 1Y and 3Y, QQQ over 5Y and the full window. AMOM is less concentrated, with 36.1% 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.