ASIA vs QQQ
Matthews Pacific Tiger Active ETF vs Invesco QQQ Trust, Series 1
Which is better, ASIA or QQQ?
Large Cap Blend against Large Cap Growth.
QQQ has a lower expense ratio. ASIA led over 1Y, QQQ over 3Y 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 | ASIA | QQQ |
|---|---|---|
| Expense Ratio | 0.79% | 0.18%Best |
| AUM | $52M | $483.5B |
| Dividend Yield | 0.86% | 0.44% |
| Holdings | 61 | 107 |
| YTD Return | +15.83% | +15.94%Best |
| 1Y Return | +24.53%Best | +20.44% |
| 3Y Return (annualized) | +17.64% | +24.86%Best |
| 5Y Return (annualized) | - | +14.26% |
| Volatility (annualized) | 18.6% | 17.3%Best |
| Max Drawdown | -23.9% | -22.8%Best |
| $10,000 over 3 years | $16,280 | $20,233Best |
| Fund Family | Matthews Asia Funds | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Growth |
| Inception | Sep 21, 2023 | Mar 10, 1999 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 3 years row, are measured over the window both funds cover: Sep 22, 2023 to Sep 14, 2026 (3 years).
ASIA 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 3 years both funds cover.
ASIA vs QQQ Performance
Matthews Pacific Tiger Active ETF (ASIA) is an ETF from Matthews Asia Funds and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year ASIA returned +24.53% while QQQ returned +20.44%. Year to date, ASIA is up 15.83% versus a gain of 15.94% for QQQ.
Over three years, ASIA compounded at +17.64% per year against +24.86% for QQQ.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
ASIA has been the more volatile fund, with annualized monthly volatility of 18.6% compared with 17.3% 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 -23.9% for ASIA and -22.8% 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 0.71. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
ASIA charges 0.79% per year while QQQ charges 0.18%. On a $10,000 position that is $79 vs $18 annually, a gap of $61 per year that compounds over a long holding period. On income, ASIA currently yields 0.86% against 0.44% for QQQ.
Holdings Overlap
We hold position weights for 62 holdings in ASIA and 102 in QQQ, totalling 91.3% and 99.9% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 62 positions we hold weights for in ASIA and 102 in QQQ, against full books of 61 and 107.
You are not choosing between two funds in isolation.
Whichever of ASIA 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, ASIA or QQQ?
ASIA has an expense ratio of 0.79% while QQQ charges 0.18%. QQQ is the cheaper option, by $61 a year on a $10,000 investment.
Which performed better, ASIA or QQQ?
Over the past year ASIA returned +24.53% vs +20.44% for QQQ, so ASIA leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, ASIA or QQQ?
ASIA has been the more volatile fund at 18.6% annualized versus 17.3% for QQQ. Worst drawdown: ASIA -23.9% vs QQQ -22.8%.
Should I hold both ASIA and QQQ?
ASIA and QQQ have a monthly-return correlation of 0.71, 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, ASIA or QQQ?
ASIA yields 0.86% while QQQ yields 0.44%, so ASIA currently pays the higher dividend yield.
Is QQQ better than ASIA?
QQQ has a lower expense ratio. ASIA led over 1Y, QQQ over 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.