EMCB vs QQQ
WisdomTree Emerging Markets Corporate Bond Fund vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. QQQ delivered stronger 1-year returns. EMCB offers more diversification with 202 holdings.
Side-by-Side Comparison
| Metric | EMCB | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.61% | 0.18% | |
| AUM | $99M | $496.3B | |
| Dividend Yield | 5.40% | 0.44% | |
| Holdings | 202 | 108 | |
| YTD Return | +1.86% | +15.47% | |
| 1Y Return | +4.53% | +24.44% | |
| 3Y Return (annualized) | +7.73% | +25.47% | |
| 5Y Return (annualized) | +2.07% | +14.22% | |
| Volatility (annualized) | 7.4% | 30.6% | |
| Max Drawdown | -29.0% | -83.0% | |
| Fund Family | WisdomTree Investments | Invesco (US) | |
| Category | Fixed Income | Equity | |
| Inception | Mar 8, 2012 | Mar 10, 1999 |
EMCB vs QQQ Performance
WisdomTree Emerging Markets Corporate Bond Fund (EMCB) is a ETF from WisdomTree Investments and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year EMCB returned +4.53% while QQQ returned +24.44%. Year to date, EMCB is up 1.86% versus a gain of 15.47% for QQQ.
Over three years, EMCB compounded at +7.73% per year against +25.47% for QQQ; over five years the annualized figures are +2.07% and +14.22% respectively. Across the full 15-year window we track, QQQ has the edge at +12.99% annualized vs +0.92%. 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 7.4% for EMCB. 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 -29.0% for EMCB 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 0.53. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
EMCB charges 0.61% per year while QQQ charges 0.18%. On a $10,000 position that is $61 vs $18 annually, a gap of $43 per year that compounds over a long holding period. On income, EMCB currently yields 5.40% against 0.44% for QQQ.
Holdings Overlap
EMCB and QQQ share 0 holdings out of 103 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, EMCB or QQQ?
EMCB has an expense ratio of 0.61% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $43 per year of difference.
Which performed better, EMCB or QQQ?
Over the past year EMCB returned +4.53% vs +24.44% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (15 years), EMCB annualized +0.92% vs +12.99% for QQQ. Past performance does not guarantee future results.
Which is riskier, EMCB or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 7.4% for EMCB. Worst drawdown: EMCB -29.0% vs QQQ -83.0%.
Should I hold both EMCB and QQQ?
EMCB and QQQ have a monthly-return correlation of 0.53, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between EMCB and QQQ?
EMCB and QQQ share 0 common holdings with a 0.0% weight overlap. Combined, they hold 103 unique securities.
Which pays a higher dividend, EMCB or QQQ?
EMCB yields 5.40% while QQQ yields 0.44%, so EMCB currently pays the higher dividend yield.
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