EYEG vs QQQ
AB Corporate Bond ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. QQQ delivered stronger 1-year returns. EYEG offers more diversification with 317 holdings.
Side-by-Side Comparison
| Metric | EYEG | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.30% | 0.18% | |
| AUM | $26M | $496.3B | |
| Dividend Yield | 5.02% | 0.44% | |
| Holdings | 317 | 108 | |
| YTD Return | -0.67% | +16.64% | |
| 1Y Return | +1.69% | +27.27% | |
| 3Y Return (annualized) | - | +25.96% | |
| 5Y Return (annualized) | - | +14.54% | |
| Volatility (annualized) | 4.7% | 30.6% | |
| Max Drawdown | -4.3% | -83.0% | |
| Fund Family | AllianceBernstein L.P. | Invesco (US) | |
| Category | Fixed Income | Equity | |
| Inception | Dec 12, 2023 | Mar 10, 1999 |
EYEG vs QQQ Performance
AB Corporate Bond ETF (EYEG) is a ETF from AllianceBernstein L.P. and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year EYEG returned +1.69% while QQQ returned +27.27%. Year to date, EYEG is down 0.67% versus a gain of 16.64% for QQQ.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% compared with 4.7% for EYEG. 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 -4.3% for EYEG 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 0.33. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
EYEG charges 0.30% per year while QQQ charges 0.18%. On a $10,000 position that is $30 vs $18 annually, a gap of $12 per year that compounds over a long holding period. On income, EYEG currently yields 5.02% against 0.44% for QQQ.
Holdings Overlap
EYEG and QQQ share 0 holdings out of 331 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, EYEG or QQQ?
EYEG has an expense ratio of 0.30% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $12 per year of difference.
Which performed better, EYEG or QQQ?
Over the past year EYEG returned +1.69% vs +27.27% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (3 years), EYEG annualized +4.28% vs +13.03% for QQQ. Past performance does not guarantee future results.
Which is riskier, EYEG or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 4.7% for EYEG. Worst drawdown: EYEG -4.3% vs QQQ -83.0%.
Should I hold both EYEG and QQQ?
EYEG and QQQ have a monthly-return correlation of 0.33, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between EYEG and QQQ?
EYEG and QQQ share 0 common holdings with a 0.0% weight overlap. Combined, they hold 331 unique securities.
Which pays a higher dividend, EYEG or QQQ?
EYEG yields 5.02% while QQQ yields 0.44%, so EYEG currently pays the higher dividend yield.
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