CHIP vs QQQ

CHIP vs QQQ

Which is better, CHIP or QQQ?

QQQ costs less.

QQQ has a lower expense ratio. QQQ is less concentrated, with 46.9% of the fund in its ten largest positions against 50.1%.

Lower Fees: QQQLess Concentrated: QQQ

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

MetricCHIPQQQ
Expense Ratio0.65%0.18%Best
AUM$1M$437.3B
Dividend Yield0.00%0.43%
Holdings114208
YTD Return-28.55%+7.37%Best
1Y Return-+7.77%
3Y Return (annualized)-+21.44%
5Y Return (annualized)-+11.19%
Top 10 Weight50.1%46.9%Best
Fund FamilyREX SharesInvesco (US)
CategoryEquityEquity
StyleLarge Cap GrowthLarge Cap Growth
InceptionSep 23, 2026Mar 10, 1999

Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window.

CHIP 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.

CHIP vs QQQ Performance

REX AI Chipmaking ETF (CHIP) is an ETF from REX Shares and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Year to date, CHIP is down 28.55% versus a gain of 7.37% for QQQ.

Past performance does not guarantee future results.

Fees and Cost Over Time

CHIP charges 0.65% per year while QQQ charges 0.18%. On a $10,000 position that is $65 vs $18 annually, a gap of $47 per year that compounds over a long holding period. On income, CHIP currently yields 0.00% against 0.43% for QQQ.

Holdings Overlap

CHIP already in QQQ20.0%
QQQ already in CHIP4.1%

20.0% of CHIP's money is in holdings QQQ also owns. 4.1% of QQQ's money is in holdings CHIP also owns.

CHIP and QQQ share little of their money.

4 positions in common, counted across the 55 positions we hold weights for in CHIP and 101 in QQQ, against full books of 114 and 208.

What only one of them owns

Our book lists 90 positions for QQQ that do not appear in our book for CHIP (93.1% of the fund), and 19 for CHIP that do not appear in QQQ (19.2%).

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.

Top Shared Holdings

StockWeight in CHIPWeight in QQQDifference
AMATApplied Material5.01%1.45%3.56%
LRCXLam Research Corporation4.92%1.47%3.45%
KLACKla Corp.5.16%0.97%4.19%
TERTeradyne Inc4.89%0.23%4.66%

You are not choosing between two funds in isolation.

Whichever of CHIP and QQQ you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.

CHIPQQQ

Free for up to 10 holdings. No account needed.

Frequently Asked Questions

Which is cheaper, CHIP or QQQ?

CHIP has an expense ratio of 0.65% while QQQ charges 0.18%. QQQ is the cheaper option, by $47 a year on a $10,000 investment.

What is the holdings overlap between CHIP and QQQ?

20.0% of CHIP's money is in holdings QQQ also owns. 4.1% of QQQ's is in holdings CHIP also owns. They hold 4 positions in common, counted across the 55 positions we hold weights for in CHIP and 101 in QQQ.

Which pays a higher dividend, CHIP or QQQ?

CHIP yields 0.00% while QQQ yields 0.43%, so QQQ currently pays the higher dividend yield.

Is QQQ better than CHIP?

QQQ has a lower expense ratio. QQQ is less concentrated, with 46.9% of the fund in its ten largest positions against 50.1%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.