AMZA vs QQQ
InfraCap MLP 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 | AMZA | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 1.72% | 0.18% | |
| AUM | $470M | $496.3B | |
| Dividend Yield | 7.81% | 0.44% | |
| Holdings | 86 | 108 | |
| YTD Return | +30.55% | +16.64% | |
| 1Y Return | +26.46% | +27.27% | |
| 3Y Return (annualized) | +23.14% | +25.96% | |
| 5Y Return (annualized) | +24.53% | +14.54% | |
| Volatility (annualized) | 39.9% | 30.6% | |
| Max Drawdown | -96.7% | -83.0% | |
| Fund Family | Virtus Investment Partners | Invesco (US) | |
| Category | Equity | Equity | |
| Inception | Oct 1, 2014 | Mar 10, 1999 |
AMZA vs QQQ Performance
InfraCap MLP ETF (AMZA) is a ETF from Virtus Investment Partners and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year AMZA returned +26.46% while QQQ returned +27.27%. Year to date, AMZA is up 30.55% versus a gain of 16.64% for QQQ.
Over three years, AMZA compounded at +23.14% per year against +25.96% for QQQ; over five years the annualized figures are +24.53% and +14.54% respectively. Across the full 12-year window we track, QQQ has the edge at +13.03% annualized vs -9.18%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
AMZA has been the more volatile fund, with annualized monthly volatility of 39.9% compared with 30.6% 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 -96.7% for AMZA 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 0.44. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
AMZA charges 1.72% per year while QQQ charges 0.18%. On a $10,000 position that is $172 vs $18 annually, a gap of $154 per year that compounds over a long holding period. On income, AMZA currently yields 7.81% against 0.44% for QQQ.
Holdings Overlap
AMZA and QQQ share 0 holdings out of 131 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, AMZA or QQQ?
AMZA has an expense ratio of 1.72% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $154 per year of difference.
Which performed better, AMZA or QQQ?
Over the past year AMZA returned +26.46% vs +27.27% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (12 years), AMZA annualized -9.18% vs +13.03% for QQQ. Past performance does not guarantee future results.
Which is riskier, AMZA or QQQ?
AMZA has been the more volatile fund at 39.9% annualized versus 30.6% for QQQ. Worst drawdown: AMZA -96.7% vs QQQ -83.0%.
Should I hold both AMZA and QQQ?
AMZA and QQQ have a monthly-return correlation of 0.44, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between AMZA and QQQ?
AMZA and QQQ share 0 common holdings with a 0.0% weight overlap. Combined, they hold 131 unique securities.
Which pays a higher dividend, AMZA or QQQ?
AMZA yields 7.81% while QQQ yields 0.44%, so AMZA currently pays the higher dividend yield.
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