CHIQ vs QQQ
Global X MSCI China Consumer Discretionary ETF vs Invesco QQQ Trust, Series 1
Which is better, CHIQ or QQQ?
QQQ has been ahead.
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window. QQQ is less concentrated, with 46.5% of the fund in its ten largest positions against 57.4%.
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 | CHIQ | QQQ |
|---|---|---|
| Expense Ratio | 0.65% | 0.18%Best |
| AUM | $113M | $483.5B |
| Dividend Yield | 1.64% | 0.44% |
| Holdings | 59 | 107 |
| YTD Return | -25.63% | +15.86%Best |
| 1Y Return | -28.48% | +22.63%Best |
| 3Y Return (annualized) | -3.22% | +24.15%Best |
| 5Y Return (annualized) | -10.72% | +14.16%Best |
| Volatility (annualized) | 28.1% | 17.6%Best |
| Max Drawdown | -67.0% | -35.1%Best |
| $10,000 over 5 years | $5,672 | $19,390Best |
| Top 10 Weight | 57.4% | 46.5%Best |
| Fund Family | Global X by mirae Asset | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | Nov 30, 2009 | Mar 10, 1999 |
Volatility and max drawdown are measured over the window both funds cover: Dec 1, 2009 to Sep 10, 2026 (16.8 years).
CHIQ 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.
CHIQ vs QQQ Performance
Global X MSCI China Consumer Discretionary ETF (CHIQ) is an ETF from Global X by mirae Asset and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year CHIQ returned -28.48% while QQQ returned +22.63%. Year to date, CHIQ is down 25.63% versus a gain of 15.86% for QQQ.
Over three years, CHIQ compounded at -3.22% per year against +24.15% for QQQ; over five years the annualized figures are -10.72% and +14.16% respectively. Across the full 17-year window we track, QQQ has the edge at +18.25% annualized vs +0.37%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
CHIQ has been the more volatile fund, with annualized monthly volatility of 28.1% compared with 17.6% 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 -67.0% for CHIQ 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 0.36. They move together some of the time, and apart the rest.
Fees and Cost Over Time
CHIQ 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, CHIQ currently yields 1.64% against 0.44% for QQQ.
Holdings Overlap
8.7% of CHIQ's money is in holdings QQQ also owns. 0.3% of QQQ's money is in holdings CHIQ also owns.
CHIQ and QQQ share little of their money.
1 positions in common, counted across the 56 positions we hold weights for in CHIQ and 102 in QQQ, against full books of 59 and 107.
What only one of them owns
Our book lists 95 positions for QQQ that do not appear in our book for CHIQ (97.0% of the fund), and 4 for CHIQ that do not appear in QQQ (10.0%).
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
| Stock | Weight in CHIQ | Weight in QQQ | Difference |
|---|---|---|---|
| PDD:IEPdd Holdings Inc | 8.69% | 0.27% | 8.42% |
You are not choosing between two funds in isolation.
Whichever of CHIQ 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, CHIQ or QQQ?
CHIQ 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.
Which performed better, CHIQ or QQQ?
Over the past year CHIQ returned -28.48% vs +22.63% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (17 years), CHIQ annualized +0.37% vs +18.25% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, CHIQ or QQQ?
CHIQ has been the more volatile fund at 28.1% annualized versus 17.6% for QQQ. Worst drawdown: CHIQ -67.0% vs QQQ -35.1%.
Should I hold both CHIQ and QQQ?
CHIQ and QQQ have a monthly-return correlation of 0.36, 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 CHIQ and QQQ?
8.7% of CHIQ's money is in holdings QQQ also owns. 0.3% of QQQ's is in holdings CHIQ also owns. They hold 1 positions in common, counted across the 56 positions we hold weights for in CHIQ and 102 in QQQ.
Which pays a higher dividend, CHIQ or QQQ?
CHIQ yields 1.64% while QQQ yields 0.44%, so CHIQ currently pays the higher dividend yield.
Is QQQ better than CHIQ?
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window. QQQ is less concentrated, with 46.5% of the fund in its ten largest positions against 57.4%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.