HFGM vs QQQ
Unlimited HFGM Global Macro ETF vs Invesco QQQ Trust, Series 1
Which is better, HFGM or QQQ?
Multi Alternative against Large Cap Growth.
QQQ has a lower expense ratio. QQQ led over 1Y 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 | HFGM | QQQ |
|---|---|---|
| Expense Ratio | 1.01% | 0.18%Best |
| AUM | $153M | $498.6B |
| Dividend Yield | 10.28% | 0.42% |
| Holdings | 34 | 321 |
| YTD Return | +8.94% | +22.67%Best |
| 1Y Return | +10.48% | +24.33%Best |
| 3Y Return (annualized) | - | +29.05% |
| 5Y Return (annualized) | - | +17.00% |
| Volatility (annualized) | 16.1%Best | 19.0% |
| Max Drawdown | -15.1% | -12.0%Best |
| $10,000 over 1.5 years | $14,053 | $16,681Best |
| Fund Family | Unlimited Funds | Invesco (US) |
| Category | Alternative | Equity |
| Style | Multi Alternative | Large Cap Growth |
| Inception | Apr 14, 2025 | Mar 10, 1999 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 1.5 years row, are measured over the window both funds cover: Apr 15, 2025 to Oct 2, 2026 (1.5 years).
HFGM 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 1.5 years both funds cover.
HFGM vs QQQ Performance
Unlimited HFGM Global Macro ETF (HFGM) is an ETF from Unlimited Funds and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year HFGM returned +10.48% while QQQ returned +24.33%. Year to date, HFGM is up 8.94% versus a gain of 22.67% for QQQ.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 19.0% compared with 16.1% for HFGM. 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 -15.1% for HFGM and -12.0% 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 0.26. They move largely independently of each other.
Fees and Cost Over Time
HFGM charges 1.01% per year while QQQ charges 0.18%. On a $10,000 position that is $101 vs $18 annually, a gap of $83 per year that compounds over a long holding period. On income, HFGM currently yields 10.28% against 0.42% for QQQ.
Holdings Overlap
We hold position weights for 2 holdings in HFGM and 102 in QQQ, totalling 78.2% 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 2 positions we hold weights for in HFGM and 102 in QQQ, against full books of 34 and 321.
You are not choosing between two funds in isolation.
Whichever of HFGM 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, HFGM or QQQ?
HFGM has an expense ratio of 1.01% while QQQ charges 0.18%. QQQ is the cheaper option, by $83 a year on a $10,000 investment.
Which performed better, HFGM or QQQ?
Over the past year HFGM returned +10.48% vs +24.33% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (2 years), HFGM annualized +25.46% vs +40.65% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, HFGM or QQQ?
QQQ has been the more volatile fund at 19.0% annualized versus 16.1% for HFGM. Worst drawdown: HFGM -15.1% vs QQQ -12.0%.
Should I hold both HFGM and QQQ?
HFGM and QQQ have a monthly-return correlation of 0.26, 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, HFGM or QQQ?
HFGM yields 10.28% while QQQ yields 0.42%, so HFGM currently pays the higher dividend yield.
Is QQQ better than HFGM?
QQQ has a lower expense ratio. QQQ led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.