IOPP vs QQQ
Simplify Tara India Opportunities ETF vs Invesco QQQ Trust, Series 1
Which is better, IOPP or QQQ?
All Cap Blend against Large Cap Growth.
QQQ has a lower expense ratio. QQQ led over 1Y and the full window. QQQ is less concentrated, with 46.5% of the fund in its ten largest positions against 49.8%.
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 | IOPP | QQQ |
|---|---|---|
| Expense Ratio | 0.73% | 0.18%Best |
| AUM | $7M | $486.1B |
| Dividend Yield | 0.38% | 0.44% |
| Holdings | 27 | 107 |
| YTD Return | -1.48% | +17.44%Best |
| 1Y Return | -4.05% | +24.69%Best |
| 3Y Return (annualized) | - | +24.76% |
| 5Y Return (annualized) | - | +14.22% |
| Volatility (annualized) | 14.9%Best | 17.6% |
| Max Drawdown | -23.7% | -22.8%Best |
| $10,000 over 2.5 years | $11,454 | $16,660Best |
| Top 10 Weight | 49.8% | 46.5%Best |
| Fund Family | Simplify Exchange Traded Funds | Invesco (US) |
| Category | Equity | Equity |
| Style | All Cap Blend | Large Cap Growth |
| Inception | Mar 4, 2024 | Mar 10, 1999 |
Volatility and max drawdown, and the $10,000 over 2.5 years row, are measured over the window both funds cover: Mar 5, 2024 to Sep 8, 2026 (2.5 years).
IOPP 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 covers the 2.5 years both funds cover.
IOPP vs QQQ Performance
Simplify Tara India Opportunities ETF (IOPP) is an ETF from Simplify Exchange Traded Funds and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year IOPP returned -4.05% while QQQ returned +24.69%. Year to date, IOPP is down 1.48% versus a gain of 17.44% for QQQ.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 17.6% compared with 14.9% 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 -22.8% 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 0.24. They move largely independently of each other.
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
We hold position weights for 27 holdings in IOPP and 102 in QQQ, totalling 99.3% and 99.9% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 27 positions we hold weights for in IOPP and 102 in QQQ, against full books of 27 and 107.
What only one of them owns
Our book lists 94 positions for QQQ that do not appear in our book for IOPP (96.8% of the fund), and 0 for IOPP that do not appear in QQQ (0.0%).
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.
You are not choosing between two funds in isolation.
Whichever of IOPP and QQQ you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
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, by $55 a year on a $10,000 investment.
Which performed better, IOPP or QQQ?
Over the past year IOPP returned -4.05% vs +24.69% for QQQ, so QQQ leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IOPP or QQQ?
QQQ has been the more volatile fund at 17.6% annualized versus 14.9% for IOPP. Worst drawdown: IOPP -23.7% vs QQQ -22.8%.
Should I hold both IOPP and QQQ?
IOPP and QQQ have a monthly-return correlation of 0.24, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
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.
Is QQQ better than IOPP?
QQQ has a lower expense ratio. QQQ led over 1Y and the full window. QQQ is less concentrated, with 46.5% of the fund in its ten largest positions against 49.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.