HAP vs QQQ
VanEck Natural Resources ETF vs Invesco QQQ Trust, Series 1
Which is better, HAP or QQQ?
Large Cap Value against Large Cap Growth.
QQQ has a lower expense ratio. HAP led over 1Y, QQQ over 3Y, 5Y and the full window. HAP is less concentrated, with 36.8% 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 | HAP | QQQ |
|---|---|---|
| Expense Ratio | 0.41% | 0.18%Best |
| AUM | $299M | $486.1B |
| Dividend Yield | 1.94% | 0.44% |
| Holdings | 131 | 107 |
| YTD Return | +27.29%Best | +17.54% |
| 1Y Return | +44.57%Best | +25.59% |
| 3Y Return (annualized) | +17.96% | +24.63%Best |
| 5Y Return (annualized) | +13.42% | +14.18%Best |
| Volatility (annualized) | 20.2% | 18.4%Best |
| Max Drawdown | -50.7% | -43.4%Best |
| $10,000 over 5 years | $18,769 | $19,407Best |
| Top 10 Weight | 36.8%Best | 46.5% |
| Fund Family | VanEck | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Growth |
| Inception | Aug 29, 2008 | Mar 10, 1999 |
Volatility and max drawdown are measured over the window both funds cover: Sep 3, 2008 to Sep 4, 2026 (18 years).
HAP 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 18 years both funds cover.
HAP vs QQQ Performance
VanEck Natural Resources ETF (HAP) is an ETF from VanEck and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year HAP returned +44.57% while QQQ returned +25.59%. Year to date, HAP is up 27.29% versus a gain of 17.54% for QQQ.
Over three years, HAP compounded at +17.96% per year against +24.63% for QQQ; over five years the annualized figures are +13.42% and +14.18% respectively. Across the full 18-year window we track, QQQ has the edge at +16.83% annualized vs +6.36%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
HAP has been the more volatile fund, with annualized monthly volatility of 20.2% compared with 18.4% for QQQ. 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 -50.7% for HAP and -43.4% 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 0.61. They move together some of the time, and apart the rest.
Fees and Cost Over Time
HAP charges 0.41% per year while QQQ charges 0.18%. On a $10,000 position that is $41 vs $18 annually, a gap of $23 per year that compounds over a long holding period. On income, HAP currently yields 1.94% against 0.44% for QQQ.
Holdings Overlap
0.7% of HAP's money is in holdings QQQ also owns. 0.5% of QQQ's money is in holdings HAP also owns.
We cannot see either book well enough to say how much of this pair is duplicated.
2 positions in common, counted across the 133 positions we hold weights for in HAP and 102 in QQQ, against full books of 131 and 107.
What only one of them owns
Our book lists 92 positions for QQQ that do not appear in our book for HAP (96.3% of the fund), and 47 for HAP that do not appear in QQQ (53.1%).
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 HAP 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, HAP or QQQ?
HAP has an expense ratio of 0.41% while QQQ charges 0.18%. QQQ is the cheaper option, by $23 a year on a $10,000 investment.
Which performed better, HAP or QQQ?
Over the past year HAP returned +44.57% vs +25.59% for QQQ, so HAP leads on 1-year performance. Over the longest common window we track (18 years), HAP annualized +6.36% vs +16.83% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, HAP or QQQ?
HAP has been the more volatile fund at 20.2% annualized versus 18.4% for QQQ. Worst drawdown: HAP -50.7% vs QQQ -43.4%.
Should I hold both HAP and QQQ?
HAP and QQQ have a monthly-return correlation of 0.61, 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, HAP or QQQ?
HAP yields 1.94% while QQQ yields 0.44%, so HAP currently pays the higher dividend yield.
Is QQQ better than HAP?
QQQ has a lower expense ratio. HAP led over 1Y, QQQ over 3Y, 5Y and the full window. HAP is less concentrated, with 36.8% 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.