ASET vs QQQ
FlexShares Real Assets Allocation Index Fund vs Invesco QQQ Trust, Series 1
Which is better, ASET or QQQ?
Large Cap Blend against Large Cap Growth.
QQQ has a lower expense ratio. QQQ led over 1Y and the full window.
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 | ASET | QQQ |
|---|---|---|
| Expense Ratio | 0.49% | 0.18%Best |
| AUM | $7M | $483.5B |
| Dividend Yield | 3.39% | 0.44% |
| Holdings | 4 | 107 |
| Volatility (annualized) | 14.4%Best | 18.4% |
| Max Drawdown | -42.8% | -35.1%Best |
| $10,000 over 9.9 years | $18,055 | $55,132Best |
| Fund Family | Flexshares Trust | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Growth |
| Inception | Nov 23, 2015 | Mar 10, 1999 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized), Top 10 Weight.
The two price series end 332 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. ASET has data through Oct 20, 2025 and QQQ through Sep 17, 2026.
Volatility and max drawdown, and the $10,000 over 9.9 years row, are measured over the window both funds cover: Nov 24, 2015 to Oct 20, 2025 (9.9 years).
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 18.4% compared with 14.4% for ASET. 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 -42.8% for ASET 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 0.67. They move together some of the time, and apart the rest.
Fees and Cost Over Time
ASET charges 0.49% per year while QQQ charges 0.18%. On a $10,000 position that is $49 vs $18 annually, a gap of $31 per year that compounds over a long holding period. On income, ASET currently yields 3.39% against 0.44% for QQQ.
You are not choosing between two funds in isolation.
Whichever of ASET and QQQ you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, ASET or QQQ?
ASET has an expense ratio of 0.49% while QQQ charges 0.18%. QQQ is the cheaper option, by $31 a year on a $10,000 investment.
Which is riskier, ASET or QQQ?
QQQ has been the more volatile fund at 18.4% annualized versus 14.4% for ASET. Worst drawdown: ASET -42.8% vs QQQ -35.1%.
Should I hold both ASET and QQQ?
ASET and QQQ have a monthly-return correlation of 0.67, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, ASET or QQQ?
ASET yields 3.39% while QQQ yields 0.44%, so ASET currently pays the higher dividend yield.
Is QQQ better than ASET?
QQQ has a lower expense ratio. QQQ led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.