ELFY vs QQQ
ALPS Electrification Infrastructure ETF vs Invesco QQQ Trust, Series 1
Which is better, ELFY or QQQ?
Large Cap Blend against Large Cap Growth.
QQQ has a lower expense ratio. QQQ led over 1Y and the full window. ELFY is less concentrated, with 11.4% of the fund in its ten largest positions against 46.5%.
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 | ELFY | QQQ |
|---|---|---|
| Expense Ratio | 0.50% | 0.18%Best |
| AUM | $195M | $483.5B |
| Dividend Yield | 1.07% | 0.44% |
| Holdings | 116 | 107 |
| YTD Return | +12.02% | +16.87%Best |
| 1Y Return | +17.02% | +22.98%Best |
| 3Y Return (annualized) | - | +24.98% |
| 5Y Return (annualized) | - | +14.39% |
| Volatility (annualized) | 19.4%Best | 19.7% |
| Max Drawdown | -13.6% | -12.0%Best |
| $10,000 over 1.4 years | $15,529 | $16,004Best |
| Top 10 Weight | 11.4%Best | 46.5% |
| Fund Family | ALPS ETF Trust | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Growth |
| Inception | Apr 9, 2025 | Mar 10, 1999 |
Volatility and max drawdown, and the $10,000 over 1.4 years row, are measured over the window both funds cover: Apr 10, 2025 to Sep 11, 2026 (1.4 years).
ELFY 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 1.4 years both funds cover.
ELFY vs QQQ Performance
ALPS Electrification Infrastructure ETF (ELFY) is an ETF from ALPS ETF Trust and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year ELFY returned +17.02% while QQQ returned +22.98%. Year to date, ELFY is up 12.02% versus a gain of 16.87% for QQQ.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 19.7% compared with 19.4% for ELFY. 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 -13.6% for ELFY and -12.0% 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 0.65. They move together some of the time, and apart the rest.
Fees and Cost Over Time
ELFY charges 0.50% per year while QQQ charges 0.18%. On a $10,000 position that is $50 vs $18 annually, a gap of $32 per year that compounds over a long holding period. On income, ELFY currently yields 1.07% against 0.44% for QQQ.
Holdings Overlap
3.7% of ELFY's money is in holdings QQQ also owns. 1.1% of QQQ's money is in holdings ELFY also owns.
ELFY and QQQ share little of their money.
4 positions in common, counted across the 114 positions we hold weights for in ELFY and 102 in QQQ, against full books of 116 and 107.
What only one of them owns
Our book lists 91 positions for QQQ that do not appear in our book for ELFY (95.9% of the fund), and 95 for ELFY that do not appear in QQQ (81.3%).
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.
You are not choosing between two funds in isolation.
Whichever of ELFY 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, ELFY or QQQ?
ELFY has an expense ratio of 0.50% while QQQ charges 0.18%. QQQ is the cheaper option, by $32 a year on a $10,000 investment.
Which performed better, ELFY or QQQ?
Over the past year ELFY returned +17.02% vs +22.98% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (1 years), ELFY annualized +36.94% vs +39.92% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, ELFY or QQQ?
QQQ has been the more volatile fund at 19.7% annualized versus 19.4% for ELFY. Worst drawdown: ELFY -13.6% vs QQQ -12.0%.
Should I hold both ELFY and QQQ?
ELFY and QQQ have a monthly-return correlation of 0.65, 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 ELFY and QQQ?
3.7% of ELFY's money is in holdings QQQ also owns. 1.1% of QQQ's is in holdings ELFY also owns. They hold 4 positions in common, counted across the 114 positions we hold weights for in ELFY and 102 in QQQ.
Which pays a higher dividend, ELFY or QQQ?
ELFY yields 1.07% while QQQ yields 0.44%, so ELFY currently pays the higher dividend yield.
Is QQQ better than ELFY?
QQQ has a lower expense ratio. QQQ led over 1Y and the full window. ELFY is less concentrated, with 11.4% 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.