EEMX vs QQQ
State Street SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. EEMX delivered stronger 1-year returns. EEMX offers more diversification with 1,070 holdings.
Side-by-Side Comparison
| Metric | EEMX | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.30% | 0.18% | |
| AUM | $184M | $496.3B | |
| Dividend Yield | 1.86% | 0.44% | |
| Holdings | 1,070 | 108 | |
| YTD Return | +20.79% | +19.52% | |
| 1Y Return | +38.15% | +26.68% | |
| 3Y Return (annualized) | +23.66% | +26.64% | |
| 5Y Return (annualized) | +8.85% | +15.36% | |
| Volatility (annualized) | 17.4% | 30.6% | |
| Max Drawdown | -39.9% | -83.0% | |
| Fund Family | SPDR State Street Global Advisors | Invesco (US) | |
| Category | Equity | Equity | |
| Inception | Oct 24, 2016 | Mar 10, 1999 |
EEMX vs QQQ Performance
State Street SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF (EEMX) is a ETF from SPDR State Street Global Advisors and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year EEMX returned +38.15% while QQQ returned +26.68%. Year to date, EEMX is up 20.79% versus a gain of 19.52% for QQQ.
Over three years, EEMX compounded at +23.66% per year against +26.64% for QQQ; over five years the annualized figures are +8.85% and +15.36% respectively. Across the full 10-year window we track, QQQ has the edge at +13.14% annualized vs +7.86%. 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 17.4% for EEMX. 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 -39.9% for EEMX 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 0.65. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
EEMX charges 0.30% per year while QQQ charges 0.18%. On a $10,000 position that is $30 vs $18 annually, a gap of $12 per year that compounds over a long holding period. On income, EEMX currently yields 1.86% against 0.44% for QQQ.
Holdings Overlap
EEMX and QQQ share 1 holdings out of 1114 unique holdings combined, representing a 0.3% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in EEMX | Weight in QQQ | Difference |
|---|---|---|---|
| PDD:IE | 0.73% | 0.27% | 0.46% |
Frequently Asked Questions
Which is cheaper, EEMX or QQQ?
EEMX has an expense ratio of 0.30% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $12 per year of difference.
Which performed better, EEMX or QQQ?
Over the past year EEMX returned +38.15% vs +26.68% for QQQ, so EEMX leads on 1-year performance. Over the longest common window we track (10 years), EEMX annualized +7.86% vs +13.14% for QQQ. Past performance does not guarantee future results.
Which is riskier, EEMX or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 17.4% for EEMX. Worst drawdown: EEMX -39.9% vs QQQ -83.0%.
Should I hold both EEMX and QQQ?
EEMX and QQQ have a monthly-return correlation of 0.65, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between EEMX and QQQ?
EEMX and QQQ share 1 common holdings with a 0.3% weight overlap. Combined, they hold 1114 unique securities.
Which pays a higher dividend, EEMX or QQQ?
EEMX yields 1.86% while QQQ yields 0.44%, so EEMX currently pays the higher dividend yield.
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