IEZ vs QQQ
iShares US Oil Equipment & Services ETF vs Invesco QQQ Trust, Series 1
Which is better, IEZ or QQQ?
All Cap Blend against Large Cap Growth.
QQQ has a lower expense ratio. IEZ led over 1Y, QQQ over 3Y, 5Y and the full window. QQQ is less concentrated, with 47.2% of the fund in its ten largest positions against 72.6%.
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 | IEZ | QQQ |
|---|---|---|
| Expense Ratio | 0.37% | 0.18%Best |
| AUM | $346M | $498.6B |
| Dividend Yield | 1.12% | 0.42% |
| Holdings | 35 | 321 |
| YTD Return | +25.75%Best | +22.09% |
| 1Y Return | +49.65%Best | +24.51% |
| 3Y Return (annualized) | +5.87% | +27.61%Best |
| 5Y Return (annualized) | +14.24% | +16.57%Best |
| Volatility (annualized) | 37.8% | 18.5%Best |
| Max Drawdown | -93.5% | -53.5%Best |
| $10,000 over 5 years | $19,458 | $21,525Best |
| Top 10 Weight | 72.6% | 47.2%Best |
| Fund Family | iShares by BlackRock (US) | Invesco (US) |
| Category | Equity | Equity |
| Style | All Cap Blend | Large Cap Growth |
| Inception | May 1, 2006 | Mar 10, 1999 |
Volatility and max drawdown are measured over the window both funds cover: May 5, 2006 to Oct 12, 2026 (20.4 years).
IEZ 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
IEZ vs QQQ Performance
iShares US Oil Equipment & Services ETF (IEZ) 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 IEZ returned +49.65% while QQQ returned +24.51%. Year to date, IEZ is up 25.75% versus a gain of 22.09% for QQQ.
Over three years, IEZ compounded at +5.87% per year against +27.61% for QQQ; over five years the annualized figures are +14.24% and +16.57% respectively. Across the full 20-year window we track, QQQ has the edge at +15.28% annualized vs -2.85%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IEZ has been the more volatile fund, with annualized monthly volatility of 37.8% compared with 18.5% 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 -93.5% for IEZ and -53.5% 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 0.47. They move together some of the time, and apart the rest.
Fees and Cost Over Time
IEZ charges 0.37% per year while QQQ charges 0.18%. On a $10,000 position that is $37 vs $18 annually, a gap of $19 per year that compounds over a long holding period. On income, IEZ currently yields 1.12% against 0.42% for QQQ.
Holdings Overlap
21.3% of IEZ's money is in holdings QQQ also owns. 0.3% of QQQ's money is in holdings IEZ also owns.
IEZ and QQQ share little of their money.
1 positions in common, counted across the 32 positions we hold weights for in IEZ and 102 in QQQ, against full books of 35 and 321.
What only one of them owns
Our book lists 95 positions for QQQ that do not appear in our book for IEZ (97.5% of the fund), and 28 for IEZ that do not appear in QQQ (69.0%).
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 IEZ | Weight in QQQ | Difference |
|---|---|---|---|
| BKRBaker Hughes Co | 21.34% | 0.26% | 21.08% |
21.3% of IEZ is already inside QQQ.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, IEZ or QQQ?
IEZ has an expense ratio of 0.37% while QQQ charges 0.18%. QQQ is the cheaper option, by $19 a year on a $10,000 investment.
Which performed better, IEZ or QQQ?
Over the past year IEZ returned +49.65% vs +24.51% for QQQ, so IEZ leads on 1-year performance. Over the longest common window we track (20 years), IEZ annualized -2.85% vs +15.28% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IEZ or QQQ?
IEZ has been the more volatile fund at 37.8% annualized versus 18.5% for QQQ. Worst drawdown: IEZ -93.5% vs QQQ -53.5%.
Should I hold both IEZ and QQQ?
IEZ and QQQ have a monthly-return correlation of 0.47, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between IEZ and QQQ?
21.3% of IEZ's money is in holdings QQQ also owns. 0.3% of QQQ's is in holdings IEZ also owns. They hold 1 positions in common, counted across the 32 positions we hold weights for in IEZ and 102 in QQQ.
Which pays a higher dividend, IEZ or QQQ?
IEZ yields 1.12% while QQQ yields 0.42%, so IEZ currently pays the higher dividend yield.
Is QQQ better than IEZ?
QQQ has a lower expense ratio. IEZ led over 1Y, QQQ over 3Y, 5Y and the full window. QQQ is less concentrated, with 47.2% of the fund in its ten largest positions against 72.6%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.