EMQQ vs QQQ

EMQQ vs QQQ

Which is better, EMQQ or QQQ?

QQQ has been ahead.

QQQ has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window. QQQ is less concentrated, with 47.2% of the fund in its ten largest positions against 59.0%.

Lower Fees: QQQHigher Returns: QQQLess Concentrated: QQQ

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

MetricEMQQQQQ
Expense Ratio0.86%0.18%Best
AUM$232M$498.6B
Dividend Yield3.68%0.42%
Holdings126321
YTD Return-26.25%+22.67%Best
1Y Return-32.57%+24.33%Best
3Y Return (annualized)+3.31%+29.05%Best
5Y Return (annualized)-7.86%+17.00%Best
Volatility (annualized)26.2%18.6%Best
Max Drawdown-73.2%-35.1%Best
$10,000 over 5 years$6,641$21,924Best
Top 10 Weight59.0%47.2%Best
Fund FamilyExchange Traded Concepts TrustInvesco (US)
CategoryEquityEquity
StyleLarge Cap GrowthLarge Cap Growth
InceptionNov 12, 2014Mar 10, 1999

Volatility and max drawdown are measured over the window both funds cover: Nov 13, 2014 to Oct 2, 2026 (11.9 years).

EMQQ 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 11.9 years both funds cover.

EMQQ vs QQQ Performance

The Emerging Markets Internet ETF (EMQQ) is an ETF from Exchange Traded Concepts Trust and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year EMQQ returned -32.57% while QQQ returned +24.33%. Year to date, EMQQ is down 26.25% versus a gain of 22.67% for QQQ.

Over three years, EMQQ compounded at +3.31% per year against +29.05% for QQQ; over five years the annualized figures are -7.86% and +17.00% respectively. Across the full 12-year window we track, QQQ has the edge at +18.52% annualized vs +1.99%.

Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

EMQQ has been the more volatile fund, with annualized monthly volatility of 26.2% compared with 18.6% 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 -73.2% for EMQQ 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 0.47. They move together some of the time, and apart the rest.

Fees and Cost Over Time

EMQQ charges 0.86% per year while QQQ charges 0.18%. On a $10,000 position that is $86 vs $18 annually, a gap of $68 per year that compounds over a long holding period. On income, EMQQ currently yields 3.68% against 0.42% for QQQ.

Holdings Overlap

EMQQ already in QQQ14.4%
QQQ already in EMQQ0.7%

14.4% of EMQQ's money is in holdings QQQ also owns. 0.7% of QQQ's money is in holdings EMQQ also owns.

EMQQ and QQQ share little of their money.

2 positions in common, counted across the 62 positions we hold weights for in EMQQ and 102 in QQQ, against full books of 126 and 321.

What only one of them owns

Our book lists 94 positions for QQQ that do not appear in our book for EMQQ (97.1% of the fund), and 6 for EMQQ that do not appear in QQQ (12.9%).

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

StockWeight in EMQQWeight in QQQDifference
MELIMercadolibre Inc8.76%0.42%8.34%
PDDPDD Holdings Inc. (ADR)5.61%0.23%5.38%

You are not choosing between two funds in isolation.

Whichever of EMQQ and QQQ you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.

EMQQQQQ

Free for up to 10 holdings. No account needed.

Frequently Asked Questions

Which is cheaper, EMQQ or QQQ?

EMQQ has an expense ratio of 0.86% while QQQ charges 0.18%. QQQ is the cheaper option, by $68 a year on a $10,000 investment.

Which performed better, EMQQ or QQQ?

Over the past year EMQQ returned -32.57% vs +24.33% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (12 years), EMQQ annualized +1.99% vs +18.52% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.

Which is riskier, EMQQ or QQQ?

EMQQ has been the more volatile fund at 26.2% annualized versus 18.6% for QQQ. Worst drawdown: EMQQ -73.2% vs QQQ -35.1%.

Should I hold both EMQQ and QQQ?

EMQQ and QQQ have a monthly-return correlation of 0.47, 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 EMQQ and QQQ?

14.4% of EMQQ's money is in holdings QQQ also owns. 0.7% of QQQ's is in holdings EMQQ also owns. They hold 2 positions in common, counted across the 62 positions we hold weights for in EMQQ and 102 in QQQ.

Which pays a higher dividend, EMQQ or QQQ?

EMQQ yields 3.68% while QQQ yields 0.42%, so EMQQ currently pays the higher dividend yield.

Is QQQ better than EMQQ?

QQQ has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window. QQQ is less concentrated, with 47.2% of the fund in its ten largest positions against 59.0%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.