IAE vs QQQ
Voya Asia Pacific High Dividend Equity Income Fund vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. IAE delivered stronger 1-year returns. IAE offers more diversification with 484 holdings.
Side-by-Side Comparison
| Metric | IAE | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 1.21% | 0.18% | |
| AUM | $78M | $496.3B | |
| Dividend Yield | 8.99% | 0.44% | |
| Holdings | 484 | 108 | |
| YTD Return | +25.41% | +16.23% | |
| 1Y Return | +39.64% | +26.23% | |
| 3Y Return (annualized) | +28.48% | +25.75% | |
| 5Y Return (annualized) | +12.90% | +14.78% | |
| Volatility (annualized) | 21.8% | 30.6% | |
| Max Drawdown | -78.5% | -83.0% | |
| Fund Family | Voya Investment Management | Invesco (US) | |
| Category | Equity | Equity | |
| Inception | Mar 27, 2007 | Mar 10, 1999 |
IAE vs QQQ Performance
Voya Asia Pacific High Dividend Equity Income Fund (IAE) is a ETF from Voya Investment Management and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year IAE returned +39.64% while QQQ returned +26.23%. Year to date, IAE is up 25.41% versus a gain of 16.23% for QQQ.
Over three years, IAE compounded at +28.48% per year against +25.75% for QQQ; over five years the annualized figures are +12.90% and +14.78% respectively. Across the full 19-year window we track, QQQ has the edge at +13.02% annualized vs -2.15%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% compared with 21.8% for IAE. 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 -78.5% for IAE 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 0.63. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
IAE charges 1.21% per year while QQQ charges 0.18%. On a $10,000 position that is $121 vs $18 annually, a gap of $103 per year that compounds over a long holding period. On income, IAE currently yields 8.99% against 0.44% for QQQ.
Holdings Overlap
IAE and QQQ share 0 holdings out of 335 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, IAE or QQQ?
IAE has an expense ratio of 1.21% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $103 per year of difference.
Which performed better, IAE or QQQ?
Over the past year IAE returned +39.64% vs +26.23% for QQQ, so IAE leads on 1-year performance. Over the longest common window we track (19 years), IAE annualized -2.15% vs +13.02% for QQQ. Past performance does not guarantee future results.
Which is riskier, IAE or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 21.8% for IAE. Worst drawdown: IAE -78.5% vs QQQ -83.0%.
Should I hold both IAE and QQQ?
IAE and QQQ have a monthly-return correlation of 0.63, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IAE and QQQ?
IAE and QQQ share 0 common holdings with a 0.0% weight overlap. Combined, they hold 335 unique securities.
Which pays a higher dividend, IAE or QQQ?
IAE yields 8.99% while QQQ yields 0.44%, so IAE currently pays the higher dividend yield.
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