ETHO vs QQQ
Amplify Etho Climate Leadership US ETF vs Invesco QQQ Trust, Series 1
Which is better, ETHO or QQQ?
Mid Cap Growth against Large Cap Growth.
QQQ has a lower expense ratio. ETHO led over 1Y, QQQ over 3Y, 5Y and the full window. ETHO is less concentrated, with 7.4% of the fund in its ten largest positions against 46.5%.
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 | ETHO | QQQ |
|---|---|---|
| Expense Ratio | 0.45% | 0.18%Best |
| AUM | $192M | $483.5B |
| Dividend Yield | 0.69% | 0.44% |
| Holdings | 288 | 107 |
| YTD Return | +19.52%Best | +15.86% |
| 1Y Return | +26.52%Best | +22.63% |
| 3Y Return (annualized) | +15.86% | +24.15%Best |
| 5Y Return (annualized) | +6.12% | +14.16%Best |
| Volatility (annualized) | 17.6%Best | 18.8% |
| Max Drawdown | -36.7% | -35.1%Best |
| $10,000 over 5 years | $13,458 | $19,390Best |
| Top 10 Weight | 7.4%Best | 46.5% |
| Fund Family | Amplify ETFs | Invesco (US) |
| Category | Equity | Equity |
| Style | Mid Cap Growth | Large Cap Growth |
| Inception | Nov 18, 2015 | Mar 10, 1999 |
Volatility and max drawdown are measured over the window both funds cover: Nov 19, 2015 to Sep 10, 2026 (10.8 years).
ETHO 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.
ETHO vs QQQ Performance
Amplify Etho Climate Leadership US ETF (ETHO) is an ETF from Amplify ETFs and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year ETHO returned +26.52% while QQQ returned +22.63%. Year to date, ETHO is up 19.52% versus a gain of 15.86% for QQQ.
Over three years, ETHO compounded at +15.86% per year against +24.15% for QQQ; over five years the annualized figures are +6.12% and +14.16% respectively. Across the full 11-year window we track, QQQ has the edge at +18.80% annualized vs +12.17%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 18.8% compared with 17.6% for ETHO. 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 -36.7% for ETHO 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 0.83. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
ETHO charges 0.45% per year while QQQ charges 0.18%. On a $10,000 position that is $45 vs $18 annually, a gap of $27 per year that compounds over a long holding period. On income, ETHO currently yields 0.69% against 0.44% for QQQ.
Holdings Overlap
7.9% of ETHO's money is in holdings QQQ also owns. 35.1% of QQQ's money is in holdings ETHO also owns.
The two portfolios partly overlap.
23 positions in common, counted across the 286 positions we hold weights for in ETHO and 102 in QQQ, against full books of 288 and 107.
What only one of them owns
Our book lists 72 positions for QQQ that do not appear in our book for ETHO (61.9% of the fund), and 260 for ETHO that do not appear in QQQ (90.9%).
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
| Stock | Weight in ETHO | Weight in QQQ | Difference |
|---|---|---|---|
| NVDANvidia Corp. | 0.37% | 8.44% | 8.07% |
| AAPLApple, Inc | 0.37% | 7.27% | 6.90% |
| MSFTMicrosoft Corp 4.100 Feb 06 37 | 0.40% | 5.76% | 5.36% |
| GOOGLAlphabet A Usd 0.001 | 0.34% | 3.36% | 3.02% |
| NFLXNetflix, Inc. | 0.24% | 1.37% | 1.13% |
| TXNTexas Instruments, Inc | 0.39% | 1.12% | 0.73% |
| KLACKla Corp. | 0.35% | 1.11% | 0.76% |
| ADIAnalog Devices, Inc. | 0.33% | 0.81% | 0.48% |
| QCOMQualcomm Inc. | 0.39% | 0.73% | 0.34% |
| TMUST-Mobile Us Inc Com Usd0.00001 | 0.25% | 0.82% | 0.57% |
35.1% of QQQ is already inside ETHO.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, ETHO or QQQ?
ETHO has an expense ratio of 0.45% while QQQ charges 0.18%. QQQ is the cheaper option, by $27 a year on a $10,000 investment.
Which performed better, ETHO or QQQ?
Over the past year ETHO returned +26.52% vs +22.63% for QQQ, so ETHO leads on 1-year performance. Over the longest common window we track (11 years), ETHO annualized +12.17% vs +18.80% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, ETHO or QQQ?
QQQ has been the more volatile fund at 18.8% annualized versus 17.6% for ETHO. Worst drawdown: ETHO -36.7% vs QQQ -35.1%.
Should I hold both ETHO and QQQ?
ETHO and QQQ have a monthly-return correlation of 0.83, 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 ETHO and QQQ?
35.1% of QQQ's money is in holdings ETHO also owns. 35.1% of QQQ's is in holdings ETHO also owns. They hold 23 positions in common, counted across the 286 positions we hold weights for in ETHO and 102 in QQQ.
Which pays a higher dividend, ETHO or QQQ?
ETHO yields 0.69% while QQQ yields 0.44%, so ETHO currently pays the higher dividend yield.
Is QQQ better than ETHO?
QQQ has a lower expense ratio. ETHO led over 1Y, QQQ over 3Y, 5Y and the full window. ETHO is less concentrated, with 7.4% of the fund in its ten largest positions against 46.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.