ASMG vs QQQ
Leverage Shares 2X Long ASML Daily ETF vs Invesco QQQ Trust, Series 1
Which is better, ASMG or QQQ?
Multi Alternative against Large Cap Growth.
QQQ has a lower expense ratio. ASMG 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 | ASMG | QQQ |
|---|---|---|
| Expense Ratio | 0.77% | 0.18%Best |
| AUM | $31M | $483.5B |
| Dividend Yield | 5.66% | 0.44% |
| Holdings | 5 | 107 |
| YTD Return | +62.30%Best | +17.95% |
| 1Y Return | +137.55%Best | +21.77% |
| 3Y Return (annualized) | - | +25.63% |
| 5Y Return (annualized) | - | +15.24% |
| Volatility (annualized) | 95.3% | 20.1%Best |
| Max Drawdown | -44.0% | -22.8%Best |
| $10,000 over 1.7 years | $31,707Best | $14,466 |
| Fund Family | Leverage Shares | Invesco (US) |
| Category | Alternative | Equity |
| Style | Multi Alternative | Large Cap Growth |
| Inception | Jan 14, 2025 | Mar 10, 1999 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 1.7 years row, are measured over the window both funds cover: Jan 14, 2025 to Sep 18, 2026 (1.7 years).
ASMG 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 1.7 years both funds cover.
ASMG vs QQQ Performance
Leverage Shares 2X Long ASML Daily ETF (ASMG) is an ETF from Leverage Shares and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year ASMG returned +137.55% while QQQ returned +21.77%. Year to date, ASMG is up 62.30% versus a gain of 17.95% for QQQ.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
ASMG has been the more volatile fund, with annualized monthly volatility of 95.3% compared with 20.1% 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 -44.0% for ASMG 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 0.46. They move together some of the time, and apart the rest.
Fees and Cost Over Time
ASMG charges 0.77% per year while QQQ charges 0.18%. On a $10,000 position that is $77 vs $18 annually, a gap of $59 per year that compounds over a long holding period. On income, ASMG currently yields 5.66% against 0.44% for QQQ.
Holdings Overlap
We hold position weights for 1 holding in ASMG and 102 in QQQ, totalling 12.2% 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 1 positions we hold weights for in ASMG and 102 in QQQ, against full books of 5 and 107.
You are not choosing between two funds in isolation.
Whichever of ASMG 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, ASMG or QQQ?
ASMG has an expense ratio of 0.77% while QQQ charges 0.18%. QQQ is the cheaper option, by $59 a year on a $10,000 investment.
Which performed better, ASMG or QQQ?
Over the past year ASMG returned +137.55% vs +21.77% for QQQ, so ASMG leads on 1-year performance. Over the longest common window we track (2 years), ASMG annualized +97.15% vs +24.26% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, ASMG or QQQ?
ASMG has been the more volatile fund at 95.3% annualized versus 20.1% for QQQ. Worst drawdown: ASMG -44.0% vs QQQ -22.8%.
Should I hold both ASMG and QQQ?
ASMG and QQQ have a monthly-return correlation of 0.46, 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, ASMG or QQQ?
ASMG yields 5.66% while QQQ yields 0.44%, so ASMG currently pays the higher dividend yield.
Is QQQ better than ASMG?
QQQ has a lower expense ratio. ASMG 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.