HOOW vs QQQ
Roundhill HOOD WeeklyPay ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. QQQ delivered stronger 1-year returns. QQQ offers more diversification with 108 holdings.
Side-by-Side Comparison
| Metric | HOOW | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.99% | 0.18% | |
| AUM | $142M | $496.3B | |
| Dividend Yield | 167.48% | 0.44% | |
| Holdings | 5 | 108 | |
| YTD Return | -32.03% | +16.64% | |
| 1Y Return | -28.44% | +27.27% | |
| 3Y Return (annualized) | - | +25.96% | |
| 5Y Return (annualized) | - | +14.54% | |
| Volatility (annualized) | 72.5% | 30.6% | |
| Max Drawdown | -65.7% | -83.0% | |
| Fund Family | Roundhill Investments | Invesco (US) | |
| Category | Equity | Equity | |
| Inception | Jun 18, 2025 | Mar 10, 1999 |
HOOW vs QQQ Performance
Roundhill HOOD WeeklyPay ETF (HOOW) is a ETF from Roundhill Investments and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year HOOW returned -28.44% while QQQ returned +27.27%. Year to date, HOOW is down 32.03% versus a gain of 16.64% for QQQ.
Risk: Volatility and Drawdowns
HOOW has been the more volatile fund, with annualized monthly volatility of 72.5% compared with 30.6% 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 -65.7% for HOOW 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 0.59. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
HOOW charges 0.99% per year while QQQ charges 0.18%. On a $10,000 position that is $99 vs $18 annually, a gap of $81 per year that compounds over a long holding period. On income, HOOW currently yields 167.48% against 0.44% for QQQ.
Holdings Overlap
HOOW and QQQ share 0 holdings out of 104 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, HOOW or QQQ?
HOOW has an expense ratio of 0.99% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $81 per year of difference.
Which performed better, HOOW or QQQ?
Over the past year HOOW returned -28.44% vs +27.27% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (1 years), HOOW annualized +4.14% vs +13.03% for QQQ. Past performance does not guarantee future results.
Which is riskier, HOOW or QQQ?
HOOW has been the more volatile fund at 72.5% annualized versus 30.6% for QQQ. Worst drawdown: HOOW -65.7% vs QQQ -83.0%.
Should I hold both HOOW and QQQ?
HOOW and QQQ have a monthly-return correlation of 0.59, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between HOOW and QQQ?
HOOW and QQQ share 0 common holdings with a 0.0% weight overlap. Combined, they hold 104 unique securities.
Which pays a higher dividend, HOOW or QQQ?
HOOW yields 167.48% while QQQ yields 0.44%, so HOOW currently pays the higher dividend yield.
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