CHPS vs QQQ

CHPS vs QQQ

Which is better, CHPS or QQQ?

Large Cap Blend against Large Cap Growth.

CHPS has a lower expense ratio. CHPS led over 1Y, 3Y and the full window. CHPS is less concentrated, with 45.9% of the fund in its ten largest positions against 46.5%.

Lower Fees: CHPSHigher Returns: CHPSLess Concentrated: CHPS

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

MetricCHPSQQQ
Expense Ratio0.15%Best0.18%
AUM$107M$486.1B
Dividend Yield0.40%0.44%
Holdings54107
YTD Return+70.45%Best+17.54%
1Y Return+143.67%Best+25.59%
3Y Return (annualized)+51.76%Best+24.63%
5Y Return (annualized)-+14.18%
Volatility (annualized)39.3%17.4%Best
Max Drawdown-39.4%-22.8%Best
$10,000 over 3.1 years$33,069Best$19,108
Top 10 Weight45.9%Best46.5%
Fund FamilyXtrackers ETFsInvesco (US)
CategoryEquityEquity
StyleLarge Cap BlendLarge Cap Growth
InceptionJul 13, 2023Mar 10, 1999

Volatility and max drawdown, and the $10,000 over 3.1 years row, are measured over the window both funds cover: Jul 13, 2023 to Sep 4, 2026 (3.1 years).

CHPS 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 3.1 years both funds cover.

CHPS vs QQQ Performance

Xtrackers Semiconductor Select Equity ETF (CHPS) is an ETF from Xtrackers ETFs and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year CHPS returned +143.67% while QQQ returned +25.59%. Year to date, CHPS is up 70.45% versus a gain of 17.54% for QQQ.

Over three years, CHPS compounded at +51.76% per year against +24.63% for QQQ.

Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

CHPS has been the more volatile fund, with annualized monthly volatility of 39.3% compared with 17.4% 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 -39.4% for CHPS and -22.8% 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 0.84. They usually move together, but the gap leaves some room for diversification.

Fees and Cost Over Time

CHPS charges 0.15% per year while QQQ charges 0.18%. On a $10,000 position that is $15 vs $18 annually, a gap of $3 per year that compounds over a long holding period. On income, CHPS currently yields 0.40% against 0.44% for QQQ.

Holdings Overlap

CHPS already in QQQ57.0%
QQQ already in CHPS31.6%

57.0% of CHPS's money is in holdings QQQ also owns. 31.6% of QQQ's money is in holdings CHPS also owns.

The two portfolios partly overlap.

18 positions in common, counted across the 54 positions we hold weights for in CHPS and 102 in QQQ, against full books of 54 and 107.

What only one of them owns

Our book lists 78 positions for QQQ that do not appear in our book for CHPS (66.0% of the fund), and 10 for CHPS that do not appear in QQQ (5.1%).

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 CHPSWeight in QQQDifference
NVDANvidia Corp.5.11%8.44%3.33%
MUMicron Technology, Inc.4.73%4.43%0.30%
AMDAdvanced Micro Devices Inc4.59%3.45%1.14%
AVGOBroadcom Inc4.67%3.16%1.51%
INTCIntel Corporation4.30%2.23%2.07%
LRCXLam Research Corp4.61%1.69%2.92%
AMATApplied Materials, Inc.4.11%1.86%2.25%
TXNTexas Instrument Inc4.28%1.12%3.16%
KLACKla Corp4.25%1.11%3.14%
MRVLMarvell Technology Group Ltd.3.69%0.81%2.88%

57.0% of CHPS is already inside QQQ.

You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.

CHPSQQQ

Free for up to 10 holdings. No account needed.

Frequently Asked Questions

Which is cheaper, CHPS or QQQ?

CHPS has an expense ratio of 0.15% while QQQ charges 0.18%. CHPS is the cheaper option, by $3 a year on a $10,000 investment.

Which performed better, CHPS or QQQ?

Over the past year CHPS returned +143.67% vs +25.59% for QQQ, so CHPS leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.

Which is riskier, CHPS or QQQ?

CHPS has been the more volatile fund at 39.3% annualized versus 17.4% for QQQ. Worst drawdown: CHPS -39.4% vs QQQ -22.8%.

Should I hold both CHPS and QQQ?

CHPS and QQQ have a monthly-return correlation of 0.84, 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 CHPS and QQQ?

57.0% of CHPS's money is in holdings QQQ also owns. 31.6% of QQQ's is in holdings CHPS also owns. They hold 18 positions in common, counted across the 54 positions we hold weights for in CHPS and 102 in QQQ.

Which pays a higher dividend, CHPS or QQQ?

CHPS yields 0.40% while QQQ yields 0.44%, so QQQ currently pays the higher dividend yield.

Is QQQ better than CHPS?

CHPS has a lower expense ratio. CHPS led over 1Y, 3Y and the full window. CHPS is less concentrated, with 45.9% of the fund in its ten largest positions against 46.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.