IDMO vs QQQ
Invesco S&P International Developed Momentum ETF vs Invesco QQQ Trust, Series 1
Which is better, IDMO or QQQ?
Each has led over a different period.
QQQ has a lower expense ratio. IDMO led over 3Y and 5Y, QQQ over 1Y and the full window. IDMO is less concentrated, with 28.8% of the fund in its ten largest positions against 46.5%.
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 | IDMO | QQQ |
|---|---|---|
| Expense Ratio | 0.25% | 0.18%Best |
| AUM | $4.3B | $483.5B |
| Dividend Yield | 3.21% | 0.44% |
| Holdings | 203 | 107 |
| YTD Return | +13.46% | +17.11%Best |
| 1Y Return | +22.45% | +23.99%Best |
| 3Y Return (annualized) | +25.69%Best | +24.62% |
| 5Y Return (annualized) | +14.52%Best | +14.23% |
| Volatility (annualized) | 17.2%Best | 17.4% |
| Max Drawdown | -40.6% | -35.1%Best |
| $10,000 over 5 years | $19,697Best | $19,449 |
| Top 10 Weight | 28.8%Best | 46.5% |
| Fund Family | Invesco (US) | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | Feb 23, 2012 | Mar 10, 1999 |
Volatility and max drawdown are measured over the window both funds cover: Feb 24, 2012 to Sep 9, 2026 (14.5 years).
IDMO 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 14.5 years both funds cover.
IDMO vs QQQ Performance
Invesco S&P International Developed Momentum ETF (IDMO) is an ETF from Invesco (US) and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year IDMO returned +22.45% while QQQ returned +23.99%. Year to date, IDMO is up 13.46% versus a gain of 17.11% for QQQ.
Over three years, IDMO compounded at +25.69% per year against +24.62% for QQQ; over five years the annualized figures are +14.52% and +14.23% respectively. Across the full 15-year window we track, QQQ has the edge at +18.34% annualized vs +7.60%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 17.4% compared with 17.2% for IDMO. 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 -40.6% for IDMO 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 0.68. They move together some of the time, and apart the rest.
Fees and Cost Over Time
IDMO 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, IDMO currently yields 3.21% against 0.44% for QQQ.
Holdings Overlap
0.3% of IDMO's money is in holdings QQQ also owns. 0.3% of QQQ's money is in holdings IDMO also owns.
We cannot see either book well enough to say how much of this pair is duplicated.
1 positions in common, counted across the 191 positions we hold weights for in IDMO and 102 in QQQ, against full books of 203 and 107.
What only one of them owns
Our book lists 94 positions for QQQ that do not appear in our book for IDMO (96.7% of the fund), and 2 for IDMO that do not appear in QQQ (0.7%).
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.
Top Shared Holdings
| Stock | Weight in IDMO | Weight in QQQ | Difference |
|---|---|---|---|
| HONHoneywell International Inc | 0.29% | 0.35% | 0.06% |
You are not choosing between two funds in isolation.
Whichever of IDMO 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, IDMO or QQQ?
IDMO 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, IDMO or QQQ?
Over the past year IDMO returned +22.45% vs +23.99% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (15 years), IDMO annualized +7.60% vs +18.34% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IDMO or QQQ?
QQQ has been the more volatile fund at 17.4% annualized versus 17.2% for IDMO. Worst drawdown: IDMO -40.6% vs QQQ -35.1%.
Should I hold both IDMO and QQQ?
IDMO and QQQ have a monthly-return correlation of 0.68, 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, IDMO or QQQ?
IDMO yields 3.21% while QQQ yields 0.44%, so IDMO currently pays the higher dividend yield.
Is QQQ better than IDMO?
QQQ has a lower expense ratio. IDMO led over 3Y and 5Y, QQQ over 1Y and the full window. IDMO is less concentrated, with 28.8% of the fund in its ten largest positions against 46.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.