AUGW vs QQQ
AllianzIM US Equity Buffer20 Aug 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 103 holdings.
Side-by-Side Comparison
| Metric | AUGW | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.74% | 0.18% | |
| AUM | $134M | $455.8B | |
| Dividend Yield | 0.00% | 0.41% | |
| Holdings | 5 | 108 | |
| YTD Return | +6.85% | +19.68% | |
| 1Y Return | +10.50% | +26.75% | |
| 3Y Return (annualized) | +12.04% | +26.25% | |
| 5Y Return (annualized) | - | +15.39% | |
| Volatility (annualized) | 5.6% | 30.6% | |
| Max Drawdown | -8.8% | -83.0% | |
| Fund Family | AllianzIM | Invesco (US) | |
| Category | Alternative | Equity | |
| Inception | Jul 31, 2023 | Mar 10, 1999 |
AUGW vs QQQ Performance
AllianzIM US Equity Buffer20 Aug ETF (AUGW) is a ETF from AllianzIM and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year AUGW returned +10.50% while QQQ returned +26.75%. Year to date, AUGW is up 6.85% versus a gain of 19.68% for QQQ.
Over three years, AUGW compounded at +12.04% per year against +26.25% for QQQ. Across the full 3-year window we track, QQQ has the edge at +13.15% annualized vs +11.48%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% compared with 5.6% for AUGW. 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 -8.8% for AUGW 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 0.85. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
AUGW charges 0.74% per year while QQQ charges 0.18%. On a $10,000 position that is $74 vs $18 annually, a gap of $56 per year that compounds over a long holding period. On income, AUGW currently yields 0.00% against 0.41% for QQQ.
Frequently Asked Questions
Which is cheaper, AUGW or QQQ?
AUGW has an expense ratio of 0.74% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $56 per year of difference.
Which performed better, AUGW or QQQ?
Over the past year AUGW returned +10.50% vs +26.75% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (3 years), AUGW annualized +11.48% vs +13.15% for QQQ. Past performance does not guarantee future results.
Which is riskier, AUGW or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 5.6% for AUGW. Worst drawdown: AUGW -8.8% vs QQQ -83.0%.
Should I hold both AUGW and QQQ?
AUGW and QQQ have a monthly-return correlation of 0.85, so combining them can provide real diversification depending on your allocation goals.
Which pays a higher dividend, AUGW or QQQ?
AUGW yields 0.00% while QQQ yields 0.41%, so QQQ currently pays the higher dividend yield.
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