IEUR vs QQQ
iShares Core MSCI Europe ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
IEUR has a lower expense ratio. QQQ delivered stronger 1-year returns. IEUR offers more diversification with 1,024 holdings.
Side-by-Side Comparison
| Metric | IEUR | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.10% | 0.18% | |
| AUM | $9.4B | $496.3B | |
| Dividend Yield | 3.10% | 0.44% | |
| Holdings | 1,024 | 108 | |
| YTD Return | +11.64% | +16.64% | |
| 1Y Return | +20.55% | +27.27% | |
| 3Y Return (annualized) | +18.28% | +25.96% | |
| 5Y Return (annualized) | +8.92% | +14.54% | |
| Volatility (annualized) | 16.3% | 30.6% | |
| Max Drawdown | -41.1% | -83.0% | |
| Fund Family | iShares by BlackRock (US) | Invesco (US) | |
| Category | Equity | Equity | |
| Inception | Jun 10, 2014 | Mar 10, 1999 |
IEUR vs QQQ Performance
iShares Core MSCI Europe ETF (IEUR) is a ETF from iShares by BlackRock (US) and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year IEUR returned +20.55% while QQQ returned +27.27%. Year to date, IEUR is up 11.64% versus a gain of 16.64% for QQQ.
Over three years, IEUR compounded at +18.28% per year against +25.96% for QQQ; over five years the annualized figures are +8.92% and +14.54% respectively. Across the full 12-year window we track, QQQ has the edge at +13.03% annualized vs +5.11%. 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 16.3% for IEUR. 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 -41.1% for IEUR 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 0.68. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
IEUR charges 0.10% per year while QQQ charges 0.18%. On a $10,000 position that is $10 vs $18 annually, a gap of $8 per year that compounds over a long holding period. On income, IEUR currently yields 3.10% against 0.44% for QQQ.
Holdings Overlap
Frequently Asked Questions
Which is cheaper, IEUR or QQQ?
IEUR has an expense ratio of 0.10% while QQQ charges 0.18%. IEUR is the cheaper option. On a $10,000 investment, that is $8 per year of difference.
Which performed better, IEUR or QQQ?
Over the past year IEUR returned +20.55% vs +27.27% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (12 years), IEUR annualized +5.11% vs +13.03% for QQQ. Past performance does not guarantee future results.
Which is riskier, IEUR or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 16.3% for IEUR. Worst drawdown: IEUR -41.1% vs QQQ -83.0%.
Should I hold both IEUR and QQQ?
IEUR and QQQ have a monthly-return correlation of 0.68, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IEUR and QQQ?
IEUR and QQQ share 2 common holdings with a 0.4% weight overlap. Combined, they hold 965 unique securities.
Which pays a higher dividend, IEUR or QQQ?
IEUR yields 3.10% while QQQ yields 0.44%, so IEUR currently pays the higher dividend yield.
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