BKIE vs QQQ
BNY Mellon International Equity ETF vs Invesco QQQ Trust, Series 1
Which is better, BKIE or QQQ?
Large Cap Blend against Large Cap Growth.
BKIE has a lower expense ratio. BKIE led over 1Y, QQQ over 3Y, 5Y and the full window. BKIE is less concentrated, with 12.2% of the fund in its ten largest positions against 46.9%.
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 | BKIE | QQQ |
|---|---|---|
| Expense Ratio | 0.04%Best | 0.18% |
| AUM | $1.3B | $437.3B |
| Dividend Yield | 5.01% | 0.43% |
| Holdings | 1,992 | 208 |
| YTD Return | +9.63% | +12.62%Best |
| 1Y Return | +12.44%Best | +11.32% |
| 3Y Return (annualized) | +18.91% | +22.90%Best |
| 5Y Return (annualized) | +9.01% | +12.43%Best |
| Volatility (annualized) | 15.1%Best | 20.3% |
| Max Drawdown | -28.2%Best | -35.1% |
| $10,000 over 5 years | $15,393 | $17,964Best |
| Top 10 Weight | 12.2%Best | 46.9% |
| Fund Family | BNY Mellon Investment Management | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Growth |
| Inception | Apr 22, 2020 | Mar 10, 1999 |
Volatility and max drawdown are measured over the window both funds cover: Apr 24, 2020 to Nov 12, 2026 (6.6 years).
BKIE 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 6.6 years both funds cover.
BKIE vs QQQ Performance
BNY Mellon International Equity ETF (BKIE) is an ETF from BNY Mellon Investment Management and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year BKIE returned +12.44% while QQQ returned +11.32%. Year to date, BKIE is up 9.63% versus a gain of 12.62% for QQQ.
Over three years, BKIE compounded at +18.91% per year against +22.90% for QQQ; over five years the annualized figures are +9.01% and +12.43% respectively. Across the full 7-year window we track, QQQ has the edge at +20.14% annualized vs +13.87%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 20.3% compared with 15.1% for BKIE. 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 -28.2% for BKIE and -35.1% 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 0.66. They move together some of the time, and apart the rest.
Fees and Cost Over Time
BKIE charges 0.04% per year while QQQ charges 0.18%. On a $10,000 position that is $4 vs $18 annually, a gap of $14 per year that compounds over a long holding period. On income, BKIE currently yields 5.01% against 0.43% for QQQ.
Holdings Overlap
3.6% of BKIE's money is in holdings QQQ also owns. 2.1% of QQQ's money is in holdings BKIE also owns.
BKIE and QQQ share little of their money.
5 positions in common, counted across the 957 positions we hold weights for in BKIE and 101 in QQQ, against full books of 1,992 and 208.
What only one of them owns
Our book lists 94 positions for QQQ that do not appear in our book for BKIE (97.2% of the fund), and 20 for BKIE that do not appear in QQQ (3.2%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
You are not choosing between two funds in isolation.
Whichever of BKIE 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, BKIE or QQQ?
BKIE has an expense ratio of 0.04% while QQQ charges 0.18%. BKIE is the cheaper option, by $14 a year on a $10,000 investment.
Which performed better, BKIE or QQQ?
Over the past year BKIE returned +12.44% vs +11.32% for QQQ, so BKIE leads on 1-year performance. Over the longest common window we track (7 years), BKIE annualized +13.87% vs +20.14% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BKIE or QQQ?
QQQ has been the more volatile fund at 20.3% annualized versus 15.1% for BKIE. Worst drawdown: BKIE -28.2% vs QQQ -35.1%.
Should I hold both BKIE and QQQ?
BKIE and QQQ have a monthly-return correlation of 0.66, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between BKIE and QQQ?
3.6% of BKIE's money is in holdings QQQ also owns. 2.1% of QQQ's is in holdings BKIE also owns. They hold 5 positions in common, counted across the 957 positions we hold weights for in BKIE and 101 in QQQ.
Which pays a higher dividend, BKIE or QQQ?
BKIE yields 5.01% while QQQ yields 0.43%, so BKIE currently pays the higher dividend yield.
Is QQQ better than BKIE?
BKIE has a lower expense ratio. BKIE led over 1Y, QQQ over 3Y, 5Y and the full window. BKIE is less concentrated, with 12.2% of the fund in its ten largest positions against 46.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.