HKND vs QQQ
Humankind US Stock ETF vs Invesco QQQ Trust, Series 1
Which is better, HKND or QQQ?
Large Cap Value against Large Cap Growth.
HKND has a lower expense ratio. QQQ led over 1Y and the full window. HKND is less concentrated, with 25.6% 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 | HKND | QQQ |
|---|---|---|
| Expense Ratio | 0.11%Best | 0.18% |
| AUM | $142M | $483.5B |
| Dividend Yield | 2.12% | 0.44% |
| Holdings | 1,001 | 107 |
| Volatility (annualized) | 13.7%Best | 19.6% |
| Max Drawdown | -19.0%Best | -35.1% |
| $10,000 over 4.8 years | $15,070 | $19,690Best |
| Top 10 Weight | 25.6%Best | 46.5% |
| Fund Family | Humankind | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Growth |
| Inception | Feb 24, 2021 | Mar 10, 1999 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized).
The two price series end 298 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. HKND has data through Dec 1, 2025 and QQQ through Sep 25, 2026.
Volatility and max drawdown, and the $10,000 over 4.8 years row, are measured over the window both funds cover: Feb 24, 2021 to Dec 1, 2025 (4.8 years).
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 19.6% compared with 13.7% for HKND. 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 -19.0% for HKND 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 0.72. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
HKND charges 0.11% per year while QQQ charges 0.18%. On a $10,000 position that is $11 vs $18 annually, a gap of $7 per year that compounds over a long holding period. On income, HKND currently yields 2.12% against 0.44% for QQQ.
Holdings Overlap
22.5% of HKND's money is in holdings QQQ also owns. 79.1% of QQQ's money is in holdings HKND also owns.
Most of QQQ is already inside HKND. Owning both mostly buys the same companies twice.
The two holdings books were reported 309 days apart, HKND as of Sep 30, 2025 and QQQ as of Aug 5, 2026, so some of the difference between them is the time between the two reports rather than the funds.
64 positions in common, counted across the 959 positions we hold weights for in HKND and 102 in QQQ, against full books of 1,001 and 107.
What only one of them owns
Our book lists 32 positions for QQQ that do not appear in our book for HKND (18.4% of the fund), and 782 for HKND that do not appear in QQQ (76.6%).
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 HKND | Weight in QQQ | Difference |
|---|---|---|---|
| AAPLApple, Inc | 2.63% | 7.27% | 4.64% |
| NVDANvidia Corp | 0.10% | 8.44% | 8.34% |
| GOOGLAlphabet Inc,class A | 4.54% | 3.36% | 1.18% |
| MSFTMicrosoft Corp | 2.11% | 5.76% | 3.65% |
| AMZNAmazon.Com Inc | 0.74% | 4.67% | 3.93% |
| MUMicron Technology, Inc. | 0.23% | 4.43% | 4.20% |
| INTCIntel Corporation | 2.30% | 2.23% | 0.07% |
| AMDAdvanced Micro Devices Inc | 0.07% | 3.45% | 3.38% |
| AVGOBroadcom Inc | 0.17% | 3.16% | 2.99% |
| TSLATesla Inc | 0.14% | 2.56% | 2.42% |
79.1% of QQQ is already inside HKND.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, HKND or QQQ?
HKND has an expense ratio of 0.11% while QQQ charges 0.18%. HKND is the cheaper option, by $7 a year on a $10,000 investment.
Which is riskier, HKND or QQQ?
QQQ has been the more volatile fund at 19.6% annualized versus 13.7% for HKND. Worst drawdown: HKND -19.0% vs QQQ -35.1%.
Should I hold both HKND and QQQ?
HKND and QQQ have a monthly-return correlation of 0.72, 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 HKND and QQQ?
79.1% of QQQ's money is in holdings HKND also owns. 79.1% of QQQ's is in holdings HKND also owns. They hold 64 positions in common, counted across the 959 positions we hold weights for in HKND and 102 in QQQ.
Which pays a higher dividend, HKND or QQQ?
HKND yields 2.12% while QQQ yields 0.44%, so HKND currently pays the higher dividend yield.
Is QQQ better than HKND?
HKND has a lower expense ratio. QQQ led over 1Y and the full window. HKND is less concentrated, with 25.6% 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.