AVGG vs QQQ
Leverage Shares 2X Long AVGO Daily 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 | AVGG | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.76% | 0.18% | |
| AUM | $52M | $496.3B | |
| Dividend Yield | 0.00% | 0.44% | |
| Holdings | 5 | 108 | |
| YTD Return | +3.53% | +19.52% | |
| 1Y Return | +12.97% | +26.68% | |
| 3Y Return (annualized) | +73.99% | +26.64% | |
| 5Y Return (annualized) | +553.50% | +15.36% | |
| Volatility (annualized) | 198333.0% | 30.6% | |
| Max Drawdown | -99.9% | -83.0% | |
| Fund Family | Leverage Shares | Invesco (US) | |
| Category | Alternative | Equity | |
| Inception | May 16, 2025 | Mar 10, 1999 |
AVGG vs QQQ Performance
Leverage Shares 2X Long AVGO Daily ETF (AVGG) is a ETF from Leverage Shares and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year AVGG returned +12.97% while QQQ returned +26.68%. Year to date, AVGG is up 3.53% versus a gain of 19.52% for QQQ.
Over three years, AVGG compounded at +73.99% per year against +26.64% for QQQ; over five years the annualized figures are +553.50% and +15.36% respectively. Across the full 20-year window we track, AVGG has the edge at +26.81% annualized vs +13.14%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
AVGG has been the more volatile fund, with annualized monthly volatility of 198333.0% 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 -99.9% for AVGG 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 0.12. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
AVGG charges 0.76% per year while QQQ charges 0.18%. On a $10,000 position that is $76 vs $18 annually, a gap of $58 per year that compounds over a long holding period. On income, AVGG currently yields 0.00% against 0.44% for QQQ.
Holdings Overlap
AVGG and QQQ share 0 holdings out of 103 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, AVGG or QQQ?
AVGG has an expense ratio of 0.76% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $58 per year of difference.
Which performed better, AVGG or QQQ?
Over the past year AVGG returned +12.97% vs +26.68% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (20 years), AVGG annualized +26.81% vs +13.14% for QQQ. Past performance does not guarantee future results.
Which is riskier, AVGG or QQQ?
AVGG has been the more volatile fund at 198333.0% annualized versus 30.6% for QQQ. Worst drawdown: AVGG -99.9% vs QQQ -83.0%.
Should I hold both AVGG and QQQ?
AVGG and QQQ have a monthly-return correlation of 0.12, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between AVGG and QQQ?
AVGG and QQQ share 0 common holdings with a 0.0% weight overlap. Combined, they hold 103 unique securities.
Which pays a higher dividend, AVGG or QQQ?
AVGG yields 0.00% while QQQ yields 0.44%, so QQQ currently pays the higher dividend yield.
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