INCO vs QQQ
Columbia India Consumer ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. QQQ delivered stronger 1-year returns. QQQ offers more diversification with 108 holdings.
Side-by-Side Comparison
| Metric | INCO | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.75% | 0.18% | |
| AUM | $225M | $496.3B | |
| Dividend Yield | 0.00% | 0.44% | |
| Holdings | 34 | 108 | |
| YTD Return | -4.47% | +16.64% | |
| 1Y Return | -5.53% | +27.27% | |
| 3Y Return (annualized) | +8.63% | +25.96% | |
| 5Y Return (annualized) | +7.75% | +14.54% | |
| Volatility (annualized) | 21.5% | 30.6% | |
| Max Drawdown | -47.7% | -83.0% | |
| Fund Family | Columbia Threadneedle Investments | Invesco (US) | |
| Category | Equity | Equity | |
| Inception | Aug 10, 2011 | Mar 10, 1999 |
INCO vs QQQ Performance
Columbia India Consumer ETF (INCO) is a ETF from Columbia Threadneedle Investments and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year INCO returned -5.53% while QQQ returned +27.27%. Year to date, INCO is down 4.47% versus a gain of 16.64% for QQQ.
Over three years, INCO compounded at +8.63% per year against +25.96% for QQQ; over five years the annualized figures are +7.75% and +14.54% respectively. Across the full 15-year window we track, QQQ has the edge at +13.03% annualized vs +9.56%. 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 21.5% for INCO. 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 -47.7% for INCO 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 0.42. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
INCO charges 0.75% per year while QQQ charges 0.18%. On a $10,000 position that is $75 vs $18 annually, a gap of $57 per year that compounds over a long holding period. On income, INCO currently yields 0.00% against 0.44% for QQQ.
Holdings Overlap
INCO and QQQ share 0 holdings out of 132 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, INCO or QQQ?
INCO has an expense ratio of 0.75% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $57 per year of difference.
Which performed better, INCO or QQQ?
Over the past year INCO returned -5.53% vs +27.27% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (15 years), INCO annualized +9.56% vs +13.03% for QQQ. Past performance does not guarantee future results.
Which is riskier, INCO or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 21.5% for INCO. Worst drawdown: INCO -47.7% vs QQQ -83.0%.
Should I hold both INCO and QQQ?
INCO and QQQ have a monthly-return correlation of 0.42, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between INCO and QQQ?
INCO and QQQ share 0 common holdings with a 0.0% weight overlap. Combined, they hold 132 unique securities.
Which pays a higher dividend, INCO or QQQ?
INCO yields 0.00% while QQQ yields 0.44%, so QQQ currently pays the higher dividend yield.
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