EUHY vs QQQ
iShares Euro High Yield Corporate Bond USD Hedged ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. QQQ delivered stronger 1-year returns. EUHY offers more diversification with 403 holdings.
Side-by-Side Comparison
| Metric | EUHY | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.35% | 0.18% | |
| AUM | $251M | $496.3B | |
| Dividend Yield | 5.75% | 0.44% | |
| Holdings | 403 | 108 | |
| YTD Return | +0.10% | +16.64% | |
| 1Y Return | -2.26% | +27.27% | |
| 3Y Return (annualized) | +4.42% | +25.96% | |
| 5Y Return (annualized) | -0.94% | +14.54% | |
| Volatility (annualized) | 10.9% | 30.6% | |
| Max Drawdown | -36.3% | -83.0% | |
| Fund Family | iShares by BlackRock (US) | Invesco (US) | |
| Category | Fixed Income | Equity | |
| Inception | Apr 3, 2012 | Mar 10, 1999 |
EUHY vs QQQ Performance
iShares Euro High Yield Corporate Bond USD Hedged ETF (EUHY) is a ETF from iShares by BlackRock (US) and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year EUHY returned -2.26% while QQQ returned +27.27%. Year to date, EUHY is up 0.10% versus a gain of 16.64% for QQQ.
Over three years, EUHY compounded at +4.42% per year against +25.96% for QQQ; over five years the annualized figures are -0.94% and +14.54% respectively. Across the full 14-year window we track, QQQ has the edge at +13.03% annualized vs +0.47%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% compared with 10.9% for EUHY. 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 -36.3% for EUHY and -83.0% for QQQ. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.58. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
EUHY charges 0.35% per year while QQQ charges 0.18%. On a $10,000 position that is $35 vs $18 annually, a gap of $17 per year that compounds over a long holding period. On income, EUHY currently yields 5.75% against 0.44% for QQQ.
Holdings Overlap
EUHY and QQQ share 0 holdings out of 103 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, EUHY or QQQ?
EUHY has an expense ratio of 0.35% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $17 per year of difference.
Which performed better, EUHY or QQQ?
Over the past year EUHY returned -2.26% vs +27.27% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (14 years), EUHY annualized +0.47% vs +13.03% for QQQ. Past performance does not guarantee future results.
Which is riskier, EUHY or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 10.9% for EUHY. Worst drawdown: EUHY -36.3% vs QQQ -83.0%.
Should I hold both EUHY and QQQ?
EUHY and QQQ have a monthly-return correlation of 0.58, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between EUHY and QQQ?
EUHY and QQQ share 0 common holdings with a 0.0% weight overlap. Combined, they hold 103 unique securities.
Which pays a higher dividend, EUHY or QQQ?
EUHY yields 5.75% while QQQ yields 0.44%, so EUHY currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.