HVAC vs QQQ
AdvisorShares HVAC and Industrials 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 | HVAC | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 1.00% | 0.18% | |
| AUM | $15M | $496.3B | |
| Dividend Yield | 0.17% | 0.44% | |
| Holdings | 22 | 108 | |
| YTD Return | +6.40% | +16.64% | |
| 1Y Return | +13.85% | +27.27% | |
| 3Y Return (annualized) | - | +25.96% | |
| 5Y Return (annualized) | - | +14.54% | |
| Volatility (annualized) | 28.8% | 30.6% | |
| Max Drawdown | -24.7% | -83.0% | |
| Fund Family | AdvisorShares Trust | Invesco (US) | |
| Category | Equity | Equity | |
| Inception | Feb 3, 2025 | Mar 10, 1999 |
HVAC vs QQQ Performance
AdvisorShares HVAC and Industrials ETF (HVAC) is a ETF from AdvisorShares Trust and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year HVAC returned +13.85% while QQQ returned +27.27%. Year to date, HVAC is up 6.40% versus a gain of 16.64% for QQQ.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% compared with 28.8% for HVAC. 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 -24.7% for HVAC 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 0.70. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
HVAC charges 1.00% per year while QQQ charges 0.18%. On a $10,000 position that is $100 vs $18 annually, a gap of $82 per year that compounds over a long holding period. On income, HVAC currently yields 0.17% against 0.44% for QQQ.
Holdings Overlap
HVAC and QQQ share 0 holdings out of 123 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, HVAC or QQQ?
HVAC has an expense ratio of 1.00% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $82 per year of difference.
Which performed better, HVAC or QQQ?
Over the past year HVAC returned +13.85% vs +27.27% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (2 years), HVAC annualized +22.36% vs +13.03% for QQQ. Past performance does not guarantee future results.
Which is riskier, HVAC or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 28.8% for HVAC. Worst drawdown: HVAC -24.7% vs QQQ -83.0%.
Should I hold both HVAC and QQQ?
HVAC and QQQ have a monthly-return correlation of 0.70, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between HVAC and QQQ?
HVAC and QQQ share 0 common holdings with a 0.0% weight overlap. Combined, they hold 123 unique securities.
Which pays a higher dividend, HVAC or QQQ?
HVAC yields 0.17% while QQQ yields 0.44%, so QQQ currently pays the higher dividend yield.
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