INDA vs QQQ
iShares MSCI India ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. QQQ delivered stronger 1-year returns. INDA offers more diversification with 170 holdings.
Side-by-Side Comparison
| Metric | INDA | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.62% | 0.18% | |
| AUM | $6.7B | $496.3B | |
| Dividend Yield | 0.00% | 0.44% | |
| Holdings | 170 | 108 | |
| YTD Return | -9.02% | +16.64% | |
| 1Y Return | -7.34% | +27.27% | |
| 3Y Return (annualized) | +4.75% | +25.96% | |
| 5Y Return (annualized) | +2.83% | +14.54% | |
| Volatility (annualized) | 20.1% | 30.6% | |
| Max Drawdown | -45.1% | -83.0% | |
| Fund Family | iShares by BlackRock (US) | Invesco (US) | |
| Category | Equity | Equity | |
| Inception | Feb 2, 2012 | Mar 10, 1999 |
INDA vs QQQ Performance
iShares MSCI India ETF (INDA) 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 INDA returned -7.34% while QQQ returned +27.27%. Year to date, INDA is down 9.02% versus a gain of 16.64% for QQQ.
Over three years, INDA compounded at +4.75% per year against +25.96% for QQQ; over five years the annualized figures are +2.83% and +14.54% respectively. Across the full 15-year window we track, QQQ has the edge at +13.03% annualized vs +5.39%. 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 20.1% for INDA. 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 -45.1% for INDA 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 0.43. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
INDA charges 0.62% per year while QQQ charges 0.18%. On a $10,000 position that is $62 vs $18 annually, a gap of $44 per year that compounds over a long holding period. On income, INDA currently yields 0.00% against 0.44% for QQQ.
Holdings Overlap
INDA and QQQ share 0 holdings out of 268 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, INDA or QQQ?
INDA has an expense ratio of 0.62% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $44 per year of difference.
Which performed better, INDA or QQQ?
Over the past year INDA returned -7.34% vs +27.27% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (15 years), INDA annualized +5.39% vs +13.03% for QQQ. Past performance does not guarantee future results.
Which is riskier, INDA or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 20.1% for INDA. Worst drawdown: INDA -45.1% vs QQQ -83.0%.
Should I hold both INDA and QQQ?
INDA and QQQ have a monthly-return correlation of 0.43, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between INDA and QQQ?
INDA and QQQ share 0 common holdings with a 0.0% weight overlap. Combined, they hold 268 unique securities.
Which pays a higher dividend, INDA or QQQ?
INDA yields 0.00% while QQQ yields 0.44%, so QQQ currently pays the higher dividend yield.
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