EWM vs QQQ
iShares MSCI Malaysia ETF vs Invesco QQQ Trust, Series 1
Which is better, EWM or QQQ?
Large Cap Value against Large Cap Growth.
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window. QQQ is less concentrated, with 46.5% of the fund in its ten largest positions against 74.0%.
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 | EWM | QQQ |
|---|---|---|
| Expense Ratio | 0.50% | 0.18%Best |
| AUM | $325M | $486.1B |
| Dividend Yield | 3.56% | 0.44% |
| Holdings | 26 | 107 |
| YTD Return | +4.79% | +17.54%Best |
| 1Y Return | +16.91% | +25.59%Best |
| 3Y Return (annualized) | +14.39% | +24.63%Best |
| 5Y Return (annualized) | +5.21% | +14.18%Best |
| Volatility (annualized) | 30.1%Best | 30.6% |
| Max Drawdown | -71.5%Best | -83.0% |
| $10,000 over 5 years | $12,891 | $19,407Best |
| Top 10 Weight | 74.0% | 46.5%Best |
| Fund Family | iShares by BlackRock (US) | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Growth |
| Inception | Mar 12, 1996 | Mar 10, 1999 |
Volatility and max drawdown are measured over the window both funds cover: Mar 10, 1999 to Sep 4, 2026 (27.5 years).
EWM 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 27.5 years both funds cover.
EWM vs QQQ Performance
iShares MSCI Malaysia ETF (EWM) is an ETF from iShares by BlackRock (US) and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year EWM returned +16.91% while QQQ returned +25.59%. Year to date, EWM is up 4.79% versus a gain of 17.54% for QQQ.
Over three years, EWM compounded at +14.39% per year against +24.63% for QQQ; over five years the annualized figures are +5.21% and +14.18% respectively. Across the full 28-year window we track, QQQ has the edge at +13.05% annualized vs +3.68%.
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 30.1% for EWM. 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 -71.5% for EWM and -83.0% 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 0.20. They move largely independently of each other.
Fees and Cost Over Time
EWM charges 0.50% per year while QQQ charges 0.18%. On a $10,000 position that is $50 vs $18 annually, a gap of $32 per year that compounds over a long holding period. On income, EWM currently yields 3.56% against 0.44% for QQQ.
Holdings Overlap
We hold position weights for 22 holdings in EWM and 102 in QQQ, totalling 100.4% 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 22 positions we hold weights for in EWM and 102 in QQQ, against full books of 26 and 107.
What only one of them owns
Our book lists 94 positions for QQQ that do not appear in our book for EWM (96.8% of the fund), and 1 for EWM that do not appear in QQQ (0.5%).
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.
You are not choosing between two funds in isolation.
Whichever of EWM 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, EWM or QQQ?
EWM has an expense ratio of 0.50% while QQQ charges 0.18%. QQQ is the cheaper option, by $32 a year on a $10,000 investment.
Which performed better, EWM or QQQ?
Over the past year EWM returned +16.91% vs +25.59% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (28 years), EWM annualized +3.68% vs +13.05% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, EWM or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 30.1% for EWM. Worst drawdown: EWM -71.5% vs QQQ -83.0%.
Should I hold both EWM and QQQ?
EWM and QQQ have a monthly-return correlation of 0.20, 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, EWM or QQQ?
EWM yields 3.56% while QQQ yields 0.44%, so EWM currently pays the higher dividend yield.
Is QQQ better than EWM?
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window. QQQ is less concentrated, with 46.5% of the fund in its ten largest positions against 74.0%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.