EMGF vs QQQ
iShares Emerging Markets Equity Factor ETF vs Invesco QQQ Trust, Series 1
Which is better, EMGF or QQQ?
Large Cap Blend against Large Cap Growth.
QQQ has a lower expense ratio. EMGF led over 1Y, QQQ over 3Y, 5Y and the full window. EMGF is less concentrated, with 31.8% of the fund in its ten largest positions against 47.2%.
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 | EMGF | QQQ |
|---|---|---|
| Expense Ratio | 0.26% | 0.18%Best |
| AUM | $1.9B | $498.6B |
| Dividend Yield | 2.00% | 0.42% |
| Holdings | 702 | 321 |
| YTD Return | +21.91% | +22.67%Best |
| 1Y Return | +28.47%Best | +24.33% |
| 3Y Return (annualized) | +26.04% | +29.05%Best |
| 5Y Return (annualized) | +11.18% | +17.00%Best |
| Volatility (annualized) | 16.8%Best | 18.7% |
| Max Drawdown | -40.2% | -35.1%Best |
| $10,000 over 5 years | $16,988 | $21,924Best |
| Top 10 Weight | 31.8%Best | 47.2% |
| Fund Family | iShares by BlackRock (US) | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Growth |
| Inception | Dec 8, 2015 | Mar 10, 1999 |
Volatility and max drawdown are measured over the window both funds cover: Dec 10, 2015 to Oct 2, 2026 (10.8 years).
EMGF 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 10.8 years both funds cover.
EMGF vs QQQ Performance
iShares Emerging Markets Equity Factor ETF (EMGF) is an ETF from iShares by BlackRock (US) and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year EMGF returned +28.47% while QQQ returned +24.33%. Year to date, EMGF is up 21.91% versus a gain of 22.67% for QQQ.
Over three years, EMGF compounded at +26.04% per year against +29.05% for QQQ; over five years the annualized figures are +11.18% and +17.00% respectively. Across the full 11-year window we track, QQQ has the edge at +19.46% annualized vs +10.39%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 18.7% compared with 16.8% for EMGF. 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 -40.2% for EMGF and -35.1% 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
EMGF charges 0.26% per year while QQQ charges 0.18%. On a $10,000 position that is $26 vs $18 annually, a gap of $8 per year that compounds over a long holding period. On income, EMGF currently yields 2.00% against 0.42% for QQQ.
Holdings Overlap
0.5% of EMGF's money is in holdings QQQ also owns. 0.2% of QQQ's money is in holdings EMGF also owns.
We cannot see either book well enough to say how much of this pair is duplicated.
1 positions in common, counted across the 669 positions we hold weights for in EMGF and 102 in QQQ, against full books of 702 and 321.
What only one of them owns
Our book lists 95 positions for QQQ that do not appear in our book for EMGF (97.5% of the fund), and 10 for EMGF that do not appear in QQQ (8.6%).
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
| Stock | Weight in EMGF | Weight in QQQ | Difference |
|---|---|---|---|
| PDDPDD Holdings Inc. (ADR) | 0.52% | 0.23% | 0.29% |
You are not choosing between two funds in isolation.
Whichever of EMGF 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, EMGF or QQQ?
EMGF has an expense ratio of 0.26% while QQQ charges 0.18%. QQQ is the cheaper option, by $8 a year on a $10,000 investment.
Which performed better, EMGF or QQQ?
Over the past year EMGF returned +28.47% vs +24.33% for QQQ, so EMGF leads on 1-year performance. Over the longest common window we track (11 years), EMGF annualized +10.39% vs +19.46% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, EMGF or QQQ?
QQQ has been the more volatile fund at 18.7% annualized versus 16.8% for EMGF. Worst drawdown: EMGF -40.2% vs QQQ -35.1%.
Should I hold both EMGF and QQQ?
EMGF 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.
Which pays a higher dividend, EMGF or QQQ?
EMGF yields 2.00% while QQQ yields 0.42%, so EMGF currently pays the higher dividend yield.
Is QQQ better than EMGF?
QQQ has a lower expense ratio. EMGF led over 1Y, QQQ over 3Y, 5Y and the full window. EMGF is less concentrated, with 31.8% of the fund in its ten largest positions against 47.2%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.