HERO vs QQQ
Global X Video Games & Esports ETF vs Invesco QQQ Trust, Series 1
Which is better, HERO or QQQ?
QQQ has been ahead.
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window. QQQ is less concentrated, with 47.2% of the fund in its ten largest positions against 58.0%.
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 | HERO | QQQ |
|---|---|---|
| Expense Ratio | 0.50% | 0.18%Best |
| AUM | $62M | $498.6B |
| Dividend Yield | 1.69% | 0.42% |
| Holdings | 45 | 321 |
| YTD Return | -9.57% | +21.44%Best |
| 1Y Return | -19.16% | +23.58%Best |
| 3Y Return (annualized) | +15.27% | +27.86%Best |
| 5Y Return (annualized) | +0.37% | +16.25%Best |
| Volatility (annualized) | 20.6%Tie | 20.6%Tie |
| Max Drawdown | -54.0% | -35.1%Best |
| $10,000 over 5 years | $10,186 | $21,231Best |
| Top 10 Weight | 58.0% | 47.2%Best |
| Fund Family | Global X by mirae Asset | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | Oct 25, 2019 | Mar 10, 1999 |
Volatility and max drawdown are measured over the window both funds cover: Oct 31, 2019 to Oct 1, 2026 (6.9 years).
HERO 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 6.9 years both funds cover.
HERO vs QQQ Performance
Global X Video Games & Esports ETF (HERO) is an ETF from Global X by mirae Asset and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year HERO returned -19.16% while QQQ returned +23.58%. Year to date, HERO is down 9.57% versus a gain of 21.44% for QQQ.
Over three years, HERO compounded at +15.27% per year against +27.86% for QQQ; over five years the annualized figures are +0.37% and +16.25% respectively. Across the full 7-year window we track, QQQ has the edge at +21.71% annualized vs +9.67%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
HERO and QQQ have been equally volatile, both at 20.6% annualized.
The deepest peak-to-trough decline in our data was -54.0% for HERO and -35.1% 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 0.64. They move together some of the time, and apart the rest.
Fees and Cost Over Time
HERO 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, HERO currently yields 1.69% against 0.42% for QQQ.
Holdings Overlap
5.4% of HERO's money is in holdings QQQ also owns. 0.2% of QQQ's money is in holdings HERO also owns.
HERO and QQQ share little of their money.
1 positions in common, counted across the 40 positions we hold weights for in HERO and 102 in QQQ, against full books of 45 and 321.
What only one of them owns
Our book lists 95 positions for QQQ that do not appear in our book for HERO (97.6% of the fund), and 7 for HERO that do not appear in QQQ (14.0%).
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.
Top Shared Holdings
| Stock | Weight in HERO | Weight in QQQ | Difference |
|---|---|---|---|
| TTWOTake-Two Interactive Software, Inc. | 5.36% | 0.18% | 5.18% |
You are not choosing between two funds in isolation.
Whichever of HERO 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, HERO or QQQ?
HERO 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, HERO or QQQ?
Over the past year HERO returned -19.16% vs +23.58% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (7 years), HERO annualized +9.67% vs +21.71% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, HERO or QQQ?
HERO and QQQ have been equally volatile, both at 20.6% annualized. Worst drawdown: HERO -54.0% vs QQQ -35.1%.
Should I hold both HERO and QQQ?
HERO and QQQ have a monthly-return correlation of 0.64, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between HERO and QQQ?
5.4% of HERO's money is in holdings QQQ also owns. 0.2% of QQQ's is in holdings HERO also owns. They hold 1 positions in common, counted across the 40 positions we hold weights for in HERO and 102 in QQQ.
Which pays a higher dividend, HERO or QQQ?
HERO yields 1.69% while QQQ yields 0.42%, so HERO currently pays the higher dividend yield.
Is QQQ better than HERO?
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window. QQQ is less concentrated, with 47.2% of the fund in its ten largest positions against 58.0%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.