EEA vs QQQ
The European Equity Fund, Inc. vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ delivered stronger 1-year returns. QQQ offers more diversification with 108 holdings.
Side-by-Side Comparison
| Metric | EEA | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | - | 0.18% | |
| AUM | $90M | $496.3B | |
| Dividend Yield | 3.00% | 0.44% | |
| Holdings | 60 | 108 | |
| YTD Return | +8.93% | +17.30% | |
| 1Y Return | +14.85% | +24.93% | |
| 3Y Return (annualized) | +15.52% | +26.19% | |
| 5Y Return (annualized) | +7.30% | +15.34% | |
| Volatility (annualized) | 24.0% | 30.6% | |
| Max Drawdown | -82.4% | -83.0% | |
| Fund Family | DWS ETF Trust | Invesco (US) | |
| Category | Equity | Equity | |
| Inception | Jul 23, 1986 | Mar 10, 1999 |
EEA vs QQQ Performance
The European Equity Fund, Inc. (EEA) is a ETF from DWS ETF Trust and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year EEA returned +14.85% while QQQ returned +24.93%. Year to date, EEA is up 8.93% versus a gain of 17.30% for QQQ.
Over three years, EEA compounded at +15.52% per year against +26.19% for QQQ; over five years the annualized figures are +7.30% and +15.34% respectively. Across the full 27-year window we track, QQQ has the edge at +13.06% annualized vs +1.15%. 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 24.0% for EEA. 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 -82.4% for EEA 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 0.54. They move independently enough that combining them can meaningfully diversify a portfolio.
Holdings Overlap
EEA and QQQ share 1 holdings out of 160 unique holdings combined, representing a 0.2% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in EEA | Weight in QQQ | Difference |
|---|---|---|---|
| YNDX:AS | 0.47% | 0.21% | 0.26% |
Frequently Asked Questions
Which performed better, EEA or QQQ?
Over the past year EEA returned +14.85% vs +24.93% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (27 years), EEA annualized +1.15% vs +13.06% for QQQ. Past performance does not guarantee future results.
Which is riskier, EEA or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 24.0% for EEA. Worst drawdown: EEA -82.4% vs QQQ -83.0%.
Should I hold both EEA and QQQ?
EEA and QQQ have a monthly-return correlation of 0.54, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between EEA and QQQ?
EEA and QQQ share 1 common holdings with a 0.2% weight overlap. Combined, they hold 160 unique securities.
Which pays a higher dividend, EEA or QQQ?
EEA yields 3.00% while QQQ yields 0.44%, so EEA currently pays the higher dividend yield.
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