HXA vs QQQ
Mast HedgeIndex Corporate Arbitrage ETF vs Invesco QQQ Trust, Series 1
Which is better, HXA or QQQ?
Multi Alternative against Large Cap Growth.
QQQ has a lower expense ratio.
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 | HXA | QQQ |
|---|---|---|
| Expense Ratio | 0.99% | 0.18%Best |
| AUM | $51M | $437.3B |
| Dividend Yield | 0.00% | 0.43% |
| Holdings | 25 | 208 |
| YTD Return | +2.78% | +12.98%Best |
| 1Y Return | - | +11.59% |
| 3Y Return (annualized) | - | +23.05% |
| 5Y Return (annualized) | - | +12.74% |
| Fund Family | Mast Funds | Invesco (US) |
| Category | Alternative | Equity |
| Style | Multi Alternative | Large Cap Growth |
| Inception | Aug 21, 2026 | Mar 10, 1999 |
Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window, Top 10 Weight.
HXA 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
HXA vs QQQ Performance
Mast HedgeIndex Corporate Arbitrage ETF (HXA) is an ETF from Mast Funds and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Year to date, HXA is up 2.78% versus a gain of 12.98% for QQQ.
Past performance does not guarantee future results.
Fees and Cost Over Time
HXA 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, HXA currently yields 0.00% against 0.43% for QQQ.
Holdings Overlap
At least 0.4% of QQQ's money is in holdings HXA also owns.
Stated as a floor: for HXA, our book for it covers 31.8% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
We cannot see either book well enough to say how much of this pair is duplicated.
1 positions in common, counted across the 25 positions we hold weights for in HXA and 101 in QQQ, against full books of 25 and 208.
Top Shared Holdings
| Stock | Weight in HXA | Weight in QQQ | Difference |
|---|---|---|---|
| APPAppLovin Corp. Com Cl A | 0.65% | 0.36% | 0.29% |
You are not choosing between two funds in isolation.
Whichever of HXA 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, HXA or QQQ?
HXA has an expense ratio of 0.99% while QQQ charges 0.18%. QQQ is the cheaper option, by $81 a year on a $10,000 investment.
Which pays a higher dividend, HXA or QQQ?
HXA yields 0.00% while QQQ yields 0.43%, so QQQ currently pays the higher dividend yield.
Is QQQ better than HXA?
QQQ has a lower expense ratio. Which one suits a particular account depends on what it is for. This is information, not a recommendation.