ARGT vs QQQ
Global X MSCI Argentina 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 | ARGT | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.59% | 0.18% | |
| AUM | $801M | $496.3B | |
| Dividend Yield | 1.08% | 0.44% | |
| Holdings | 28 | 108 | |
| YTD Return | +1.64% | +16.23% | |
| 1Y Return | +15.01% | +26.23% | |
| 3Y Return (annualized) | +29.11% | +25.75% | |
| 5Y Return (annualized) | +24.42% | +14.78% | |
| Volatility (annualized) | 33.9% | 30.6% | |
| Max Drawdown | -77.2% | -83.0% | |
| Fund Family | Global X by mirae Asset | Invesco (US) | |
| Category | Equity | Equity | |
| Inception | Mar 2, 2011 | Mar 10, 1999 |
ARGT vs QQQ Performance
Global X MSCI Argentina ETF (ARGT) is a ETF from Global X by mirae Asset and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year ARGT returned +15.01% while QQQ returned +26.23%. Year to date, ARGT is up 1.64% versus a gain of 16.23% for QQQ.
Over three years, ARGT compounded at +29.11% per year against +25.75% for QQQ; over five years the annualized figures are +24.42% and +14.78% respectively. Across the full 16-year window we track, QQQ has the edge at +13.02% annualized vs +3.28%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
ARGT has been the more volatile fund, with annualized monthly volatility of 33.9% 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 -77.2% for ARGT 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 0.42. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
ARGT charges 0.59% per year while QQQ charges 0.18%. On a $10,000 position that is $59 vs $18 annually, a gap of $41 per year that compounds over a long holding period. On income, ARGT currently yields 1.08% against 0.44% for QQQ.
Holdings Overlap
ARGT and QQQ share 1 holdings out of 126 unique holdings combined, representing a 0.4% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in ARGT | Weight in QQQ | Difference |
|---|---|---|---|
| MELI | 24.90% | 0.43% | 24.47% |
Frequently Asked Questions
Which is cheaper, ARGT or QQQ?
ARGT has an expense ratio of 0.59% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $41 per year of difference.
Which performed better, ARGT or QQQ?
Over the past year ARGT returned +15.01% vs +26.23% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (16 years), ARGT annualized +3.28% vs +13.02% for QQQ. Past performance does not guarantee future results.
Which is riskier, ARGT or QQQ?
ARGT has been the more volatile fund at 33.9% annualized versus 30.6% for QQQ. Worst drawdown: ARGT -77.2% vs QQQ -83.0%.
Should I hold both ARGT and QQQ?
ARGT and QQQ have a monthly-return correlation of 0.42, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between ARGT and QQQ?
ARGT and QQQ share 1 common holdings with a 0.4% weight overlap. Combined, they hold 126 unique securities.
Which pays a higher dividend, ARGT or QQQ?
ARGT yields 1.08% while QQQ yields 0.44%, so ARGT currently pays the higher dividend yield.
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