EVMT vs QQQ
Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF vs Invesco QQQ Trust, Series 1
Which is better, EVMT or QQQ?
Precious Metals against Large Cap Growth.
QQQ has a lower expense ratio. EVMT 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 | EVMT | QQQ |
|---|---|---|
| Expense Ratio | 0.59% | 0.18%Best |
| AUM | $7M | $483.5B |
| Dividend Yield | 11.23% | 0.44% |
| Holdings | 15 | 107 |
| YTD Return | +4.78% | +17.21%Best |
| 1Y Return | +25.07%Best | +22.10% |
| 3Y Return (annualized) | +3.75% | +25.27%Best |
| 5Y Return (annualized) | - | +14.60% |
| Volatility (annualized) | 19.7%Best | 19.9% |
| Max Drawdown | -48.3% | -22.8%Best |
| $10,000 over 4.4 years | $7,225 | $23,278Best |
| Fund Family | Invesco (US) | Invesco (US) |
| Category | Commodity | Equity |
| Style | Precious Metals | Large Cap Growth |
| Inception | Apr 27, 2022 | Mar 10, 1999 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 4.4 years row, are measured over the window both funds cover: Apr 27, 2022 to Sep 17, 2026 (4.4 years).
EVMT 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 4.4 years both funds cover.
EVMT vs QQQ Performance
Invesco Electric Vehicle Metals Commodity Strategy No K-1 ETF (EVMT) is an ETF from Invesco (US) and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year EVMT returned +25.07% while QQQ returned +22.10%. Year to date, EVMT is up 4.78% versus a gain of 17.21% for QQQ.
Over three years, EVMT compounded at +3.75% per year against +25.27% for QQQ. Across the full 4-year window we track, QQQ has the edge at +21.17% annualized vs -7.12%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 19.9% compared with 19.7% for EVMT. 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 -48.3% for EVMT 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 0.22. They move largely independently of each other.
Fees and Cost Over Time
EVMT charges 0.59% per year while QQQ charges 0.18%. On a $10,000 position that is $59 vs $18 annually, a gap of $41 per year that compounds over a long holding period. On income, EVMT currently yields 11.23% against 0.44% for QQQ.
Holdings Overlap
We hold position weights for 1 holding in EVMT and 102 in QQQ, totalling 80.9% and 99.9% 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 1 positions we hold weights for in EVMT and 102 in QQQ, against full books of 15 and 107.
You are not choosing between two funds in isolation.
Whichever of EVMT 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, EVMT or QQQ?
EVMT has an expense ratio of 0.59% while QQQ charges 0.18%. QQQ is the cheaper option, by $41 a year on a $10,000 investment.
Which performed better, EVMT or QQQ?
Over the past year EVMT returned +25.07% vs +22.10% for QQQ, so EVMT leads on 1-year performance. Over the longest common window we track (4 years), EVMT annualized -7.12% vs +21.17% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, EVMT or QQQ?
QQQ has been the more volatile fund at 19.9% annualized versus 19.7% for EVMT. Worst drawdown: EVMT -48.3% vs QQQ -22.8%.
Should I hold both EVMT and QQQ?
EVMT and QQQ have a monthly-return correlation of 0.22, 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, EVMT or QQQ?
EVMT yields 11.23% while QQQ yields 0.44%, so EVMT currently pays the higher dividend yield.
Is QQQ better than EVMT?
QQQ has a lower expense ratio. EVMT 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.