EMKT vs QQQ
Lazard Emerging Markets Opportunities ETF vs Invesco QQQ Trust, Series 1
Which is better, EMKT or QQQ?
Large Cap Blend against Large Cap Growth.
QQQ has a lower expense ratio. EMKT led over 1Y and the full window. EMKT is less concentrated, with 45.0% of the fund in its ten largest positions against 46.7%.
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 | EMKT | QQQ |
|---|---|---|
| Expense Ratio | 0.74% | 0.18%Best |
| AUM | - | $506.1B |
| Dividend Yield | 0.45% | 0.42% |
| Holdings | 430 | 321 |
| YTD Return | +12.66% | +13.24%Best |
| 1Y Return | +15.86%Best | +12.27% |
| 3Y Return (annualized) | - | +24.03% |
| 5Y Return (annualized) | - | +12.36% |
| Volatility (annualized) | 23.9% | 22.3%Best |
| Max Drawdown | -14.5% | -12.0%Best |
| $10,000 over 1 years | $11,385Best | $11,045 |
| Top 10 Weight | 45.0%Best | 46.7% |
| Fund Family | Lazard Asset Management | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Growth |
| Inception | Oct 24, 2025 | Mar 10, 1999 |
Volatility and max drawdown, and the $10,000 over 1 years row, are measured over the window both funds cover: Oct 27, 2025 to Nov 4, 2026 (1 years).
EMKT 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 years both funds cover.
EMKT vs QQQ Performance
Lazard Emerging Markets Opportunities ETF (EMKT) is an ETF from Lazard Asset Management and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year EMKT returned +15.86% while QQQ returned +12.27%. Year to date, EMKT is up 12.66% versus a gain of 13.24% for QQQ.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
EMKT has been the more volatile fund, with annualized monthly volatility of 23.9% compared with 22.3% for QQQ. 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 -14.5% for EMKT 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 0.85. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
EMKT charges 0.74% per year while QQQ charges 0.18%. On a $10,000 position that is $74 vs $18 annually, a gap of $56 per year that compounds over a long holding period. On income, EMKT currently yields 0.45% against 0.42% for QQQ.
Holdings Overlap
We hold position weights for 213 holdings in EMKT and 101 in QQQ, totalling 99.9% and 99.6% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 213 positions we hold weights for in EMKT and 101 in QQQ, against full books of 430 and 321.
What only one of them owns
Our book lists 94 positions for QQQ that do not appear in our book for EMKT (97.2% of the fund), and 2 for EMKT that do not appear in QQQ (0.6%).
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.
You are not choosing between two funds in isolation.
Whichever of EMKT 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, EMKT or QQQ?
EMKT has an expense ratio of 0.74% while QQQ charges 0.18%. QQQ is the cheaper option, by $56 a year on a $10,000 investment.
Which performed better, EMKT or QQQ?
Over the past year EMKT returned +15.86% vs +12.27% for QQQ, so EMKT leads on 1-year performance. Over the longest common window we track (1 years), EMKT annualized +13.85% vs +10.45% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, EMKT or QQQ?
EMKT has been the more volatile fund at 23.9% annualized versus 22.3% for QQQ. Worst drawdown: EMKT -14.5% vs QQQ -12.0%.
Should I hold both EMKT and QQQ?
EMKT and QQQ have a monthly-return correlation of 0.85, 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, EMKT or QQQ?
EMKT yields 0.45% while QQQ yields 0.42%, so EMKT currently pays the higher dividend yield.
Is QQQ better than EMKT?
QQQ has a lower expense ratio. EMKT led over 1Y and the full window. EMKT is less concentrated, with 45.0% of the fund in its ten largest positions against 46.7%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.