IOPP vs QQQ
Simplify Tara India Opportunities 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 | IOPP | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.73% | 0.18% | |
| AUM | $7M | $496.3B | |
| Dividend Yield | 0.38% | 0.44% | |
| Holdings | 27 | 108 | |
| YTD Return | -0.87% | +17.30% | |
| 1Y Return | -2.62% | +24.93% | |
| 3Y Return (annualized) | - | +26.19% | |
| 5Y Return (annualized) | - | +15.34% | |
| Volatility (annualized) | 15.1% | 30.6% | |
| Max Drawdown | -23.7% | -83.0% | |
| Fund Family | Simplify Exchange Traded Funds | Invesco (US) | |
| Category | Equity | Equity | |
| Inception | Mar 4, 2024 | Mar 10, 1999 |
IOPP vs QQQ Performance
Simplify Tara India Opportunities ETF (IOPP) is a ETF from Simplify Exchange Traded Funds and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year IOPP returned -2.62% while QQQ returned +24.93%. Year to date, IOPP is down 0.87% versus a gain of 17.30% for QQQ.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% compared with 15.1% for IOPP. 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 -23.7% for IOPP 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 0.23. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
IOPP charges 0.73% per year while QQQ charges 0.18%. On a $10,000 position that is $73 vs $18 annually, a gap of $55 per year that compounds over a long holding period. On income, IOPP currently yields 0.38% against 0.44% for QQQ.
Holdings Overlap
IOPP and QQQ share 0 holdings out of 128 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, IOPP or QQQ?
IOPP has an expense ratio of 0.73% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $55 per year of difference.
Which performed better, IOPP or QQQ?
Over the past year IOPP returned -2.62% vs +24.93% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (3 years), IOPP annualized +5.98% vs +13.06% for QQQ. Past performance does not guarantee future results.
Which is riskier, IOPP or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 15.1% for IOPP. Worst drawdown: IOPP -23.7% vs QQQ -83.0%.
Should I hold both IOPP and QQQ?
IOPP and QQQ have a monthly-return correlation of 0.23, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IOPP and QQQ?
IOPP and QQQ share 0 common holdings with a 0.0% weight overlap. Combined, they hold 128 unique securities.
Which pays a higher dividend, IOPP or QQQ?
IOPP yields 0.38% while QQQ yields 0.44%, so QQQ currently pays the higher dividend yield.
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