AWP vs QQQ
Abrdn Global Premier Properties Fund 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 | AWP | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 1.27% | 0.18% | |
| AUM | $378M | $496.3B | |
| Dividend Yield | 8.00% | 0.44% | |
| Holdings | 54 | 108 | |
| YTD Return | +9.95% | +16.64% | |
| 1Y Return | +11.33% | +27.27% | |
| 3Y Return (annualized) | +12.89% | +25.96% | |
| 5Y Return (annualized) | +1.09% | +14.54% | |
| Volatility (annualized) | 26.6% | 30.6% | |
| Max Drawdown | -89.3% | -83.0% | |
| Fund Family | Aberdeen | Invesco (US) | |
| Category | Equity | Equity | |
| Inception | Apr 26, 2007 | Mar 10, 1999 |
AWP vs QQQ Performance
Abrdn Global Premier Properties Fund (AWP) is a ETF from Aberdeen and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year AWP returned +11.33% while QQQ returned +27.27%. Year to date, AWP is up 9.95% versus a gain of 16.64% for QQQ.
Over three years, AWP compounded at +12.89% per year against +25.96% for QQQ; over five years the annualized figures are +1.09% and +14.54% respectively. Across the full 19-year window we track, QQQ has the edge at +13.03% annualized vs -5.15%. 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 26.6% for AWP. 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 -89.3% for AWP 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 0.69. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
AWP charges 1.27% per year while QQQ charges 0.18%. On a $10,000 position that is $127 vs $18 annually, a gap of $109 per year that compounds over a long holding period. On income, AWP currently yields 8.00% against 0.44% for QQQ.
Holdings Overlap
AWP and QQQ share 0 holdings out of 156 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, AWP or QQQ?
AWP has an expense ratio of 1.27% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $109 per year of difference.
Which performed better, AWP or QQQ?
Over the past year AWP returned +11.33% vs +27.27% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (19 years), AWP annualized -5.15% vs +13.03% for QQQ. Past performance does not guarantee future results.
Which is riskier, AWP or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 26.6% for AWP. Worst drawdown: AWP -89.3% vs QQQ -83.0%.
Should I hold both AWP and QQQ?
AWP and QQQ have a monthly-return correlation of 0.69, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between AWP and QQQ?
AWP and QQQ share 0 common holdings with a 0.0% weight overlap. Combined, they hold 156 unique securities.
Which pays a higher dividend, AWP or QQQ?
AWP yields 8.00% while QQQ yields 0.44%, so AWP currently pays the higher dividend yield.
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