HYDR vs QQQ
Global X Hydrogen ETF vs Invesco QQQ Trust, Series 1
Which is better, HYDR or QQQ?
Large Cap Value against Large Cap Growth.
QQQ has a lower expense ratio. HYDR led over 1Y, QQQ over 3Y, 5Y and the full window. QQQ is less concentrated, with 46.5% of the fund in its ten largest positions against 70.4%.
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 | HYDR | QQQ |
|---|---|---|
| Expense Ratio | 0.50% | 0.18%Best |
| AUM | $102M | $483.5B |
| Dividend Yield | 3.05% | 0.44% |
| Holdings | 28 | 107 |
| YTD Return | +34.30%Best | +17.21% |
| 1Y Return | +44.29%Best | +22.10% |
| 3Y Return (annualized) | +5.89% | +25.27%Best |
| 5Y Return (annualized) | -15.69% | +14.60%Best |
| Volatility (annualized) | 58.4% | 20.8%Best |
| Max Drawdown | -89.3% | -35.1%Best |
| $10,000 over 5 years | $4,260 | $19,766Best |
| Top 10 Weight | 70.4% | 46.5%Best |
| Fund Family | Global X by mirae Asset | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Growth |
| Inception | Jul 12, 2021 | Mar 10, 1999 |
Volatility and max drawdown are measured over the window both funds cover: Jul 14, 2021 to Sep 17, 2026 (5.2 years).
HYDR 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 5.2 years both funds cover.
HYDR vs QQQ Performance
Global X Hydrogen ETF (HYDR) is an ETF from Global X by mirae Asset and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year HYDR returned +44.29% while QQQ returned +22.10%. Year to date, HYDR is up 34.30% versus a gain of 17.21% for QQQ.
Over three years, HYDR compounded at +5.89% per year against +25.27% for QQQ; over five years the annualized figures are -15.69% and +14.60% respectively.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
HYDR has been the more volatile fund, with annualized monthly volatility of 58.4% compared with 20.8% 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 -89.3% for HYDR 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 0.66. They move together some of the time, and apart the rest.
Fees and Cost Over Time
HYDR charges 0.50% per year while QQQ charges 0.18%. On a $10,000 position that is $50 vs $18 annually, a gap of $32 per year that compounds over a long holding period. On income, HYDR currently yields 3.05% against 0.44% for QQQ.
Holdings Overlap
We hold position weights for 25 holdings in HYDR and 102 in QQQ, totalling 99.7% 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 25 positions we hold weights for in HYDR and 102 in QQQ, against full books of 28 and 107.
What only one of them owns
Our book lists 96 positions for QQQ that do not appear in our book for HYDR (97.5% of the fund), and 7 for HYDR that do not appear in QQQ (40.2%).
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.
You are not choosing between two funds in isolation.
Whichever of HYDR 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, HYDR or QQQ?
HYDR has an expense ratio of 0.50% while QQQ charges 0.18%. QQQ is the cheaper option, by $32 a year on a $10,000 investment.
Which performed better, HYDR or QQQ?
Over the past year HYDR returned +44.29% vs +22.10% for QQQ, so HYDR leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, HYDR or QQQ?
HYDR has been the more volatile fund at 58.4% annualized versus 20.8% for QQQ. Worst drawdown: HYDR -89.3% vs QQQ -35.1%.
Should I hold both HYDR and QQQ?
HYDR and QQQ have a monthly-return correlation of 0.66, 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, HYDR or QQQ?
HYDR yields 3.05% while QQQ yields 0.44%, so HYDR currently pays the higher dividend yield.
Is QQQ better than HYDR?
QQQ has a lower expense ratio. HYDR led over 1Y, QQQ over 3Y, 5Y and the full window. QQQ is less concentrated, with 46.5% of the fund in its ten largest positions against 70.4%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.