HYBB vs QQQ
iShares BB Rated Corporate Bond ETF vs Invesco QQQ Trust, Series 1
Which is better, HYBB or QQQ?
High Yield Bond against Large Cap Growth.
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y 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 | HYBB | QQQ |
|---|---|---|
| Expense Ratio | 0.25% | 0.18%Best |
| AUM | $319M | $483.5B |
| Dividend Yield | 5.31% | 0.44% |
| Holdings | 1,074 | 107 |
| YTD Return | +1.01% | +15.86%Best |
| 1Y Return | +2.91% | +22.63%Best |
| 3Y Return (annualized) | +7.25% | +24.15%Best |
| 5Y Return (annualized) | +2.93% | +14.16%Best |
| Volatility (annualized) | 6.9%Best | 20.1% |
| Max Drawdown | -15.3%Best | -35.1% |
| $10,000 over 5 years | $11,553 | $19,390Best |
| Fund Family | iShares by BlackRock (US) | Invesco (US) |
| Category | Fixed Income | Equity |
| Style | High Yield Bond | Large Cap Growth |
| Inception | Oct 6, 2020 | Mar 10, 1999 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Oct 8, 2020 to Sep 10, 2026 (5.9 years).
HYBB 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 5.9 years both funds cover.
HYBB vs QQQ Performance
iShares BB Rated Corporate Bond ETF (HYBB) is an ETF from iShares by BlackRock (US) and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year HYBB returned +2.91% while QQQ returned +22.63%. Year to date, HYBB is up 1.01% versus a gain of 15.86% for QQQ.
Over three years, HYBB compounded at +7.25% per year against +24.15% for QQQ; over five years the annualized figures are +2.93% and +14.16% respectively. Across the full 6-year window we track, QQQ has the edge at +17.52% annualized vs +3.60%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 20.1% compared with 6.9% for HYBB. 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 -15.3% for HYBB 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
HYBB charges 0.25% per year while QQQ charges 0.18%. On a $10,000 position that is $25 vs $18 annually, a gap of $7 per year that compounds over a long holding period. On income, HYBB currently yields 5.31% against 0.44% for QQQ.
Holdings Overlap
We hold position weights for 703 holdings in HYBB and 102 in QQQ, totalling 65.0% 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 703 positions we hold weights for in HYBB and 102 in QQQ, against full books of 1,074 and 107.
You are not choosing between two funds in isolation.
Whichever of HYBB 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, HYBB or QQQ?
HYBB has an expense ratio of 0.25% while QQQ charges 0.18%. QQQ is the cheaper option, by $7 a year on a $10,000 investment.
Which performed better, HYBB or QQQ?
Over the past year HYBB returned +2.91% vs +22.63% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (6 years), HYBB annualized +3.60% vs +17.52% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, HYBB or QQQ?
QQQ has been the more volatile fund at 20.1% annualized versus 6.9% for HYBB. Worst drawdown: HYBB -15.3% vs QQQ -35.1%.
Should I hold both HYBB and QQQ?
HYBB 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.
Which pays a higher dividend, HYBB or QQQ?
HYBB yields 5.31% while QQQ yields 0.44%, so HYBB currently pays the higher dividend yield.
Is QQQ better than HYBB?
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.