EMM vs QQQ
Global X Emerging Markets ex-China ETF vs Invesco QQQ Trust, Series 1
Which is better, EMM or QQQ?
Large Cap Blend against Large Cap Growth.
QQQ has a lower expense ratio. EMM led over 1Y, QQQ over 3Y and the full window.
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 | EMM | QQQ |
|---|---|---|
| Expense Ratio | 0.66% | 0.18%Best |
| AUM | $58M | $483.5B |
| Dividend Yield | 0.73% | 0.44% |
| Holdings | 53 | 107 |
| YTD Return | +27.90%Best | +17.95% |
| 1Y Return | +41.19%Best | +21.77% |
| 3Y Return (annualized) | +22.31% | +25.63%Best |
| 5Y Return (annualized) | - | +15.24% |
| Volatility (annualized) | 19.0% | 17.1%Best |
| Max Drawdown | -22.0%Best | -22.8% |
| $10,000 over 3.3 years | $17,749 | $22,248Best |
| Fund Family | Global X by mirae Asset | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Growth |
| Inception | Sep 24, 2010 | Mar 10, 1999 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 3.3 years row, are measured over the window both funds cover: May 15, 2023 to Sep 18, 2026 (3.3 years).
EMM 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 3.3 years both funds cover.
EMM vs QQQ Performance
Global X Emerging Markets ex-China ETF (EMM) is an ETF from Global X by mirae Asset and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year EMM returned +41.19% while QQQ returned +21.77%. Year to date, EMM is up 27.90% versus a gain of 17.95% for QQQ.
Over three years, EMM compounded at +22.31% per year against +25.63% for QQQ.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
EMM has been the more volatile fund, with annualized monthly volatility of 19.0% compared with 17.1% 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 -22.0% for EMM and -22.8% 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 0.76. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
EMM charges 0.66% per year while QQQ charges 0.18%. On a $10,000 position that is $66 vs $18 annually, a gap of $48 per year that compounds over a long holding period. On income, EMM currently yields 0.73% against 0.44% for QQQ.
Holdings Overlap
At least 0.4% of QQQ's money is in holdings EMM also owns.
Stated as a floor: for EMM, our book for it covers 84.6% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
We cannot see either book well enough to say how much of this pair is duplicated.
1 positions in common, counted across the 42 positions we hold weights for in EMM and 102 in QQQ, against full books of 53 and 107.
Top Shared Holdings
| Stock | Weight in EMM | Weight in QQQ | Difference |
|---|---|---|---|
| MELIMercadolibre Inc | 0.60% | 0.43% | 0.17% |
You are not choosing between two funds in isolation.
Whichever of EMM 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, EMM or QQQ?
EMM has an expense ratio of 0.66% while QQQ charges 0.18%. QQQ is the cheaper option, by $48 a year on a $10,000 investment.
Which performed better, EMM or QQQ?
Over the past year EMM returned +41.19% vs +21.77% for QQQ, so EMM leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, EMM or QQQ?
EMM has been the more volatile fund at 19.0% annualized versus 17.1% for QQQ. Worst drawdown: EMM -22.0% vs QQQ -22.8%.
Should I hold both EMM and QQQ?
EMM and QQQ have a monthly-return correlation of 0.76, 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, EMM or QQQ?
EMM yields 0.73% while QQQ yields 0.44%, so EMM currently pays the higher dividend yield.
Is QQQ better than EMM?
QQQ has a lower expense ratio. EMM led over 1Y, QQQ over 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.