IPAV vs QQQ
Global X Infrastructure Development ex-US ETF vs Invesco QQQ Trust, Series 1
Which is better, IPAV or QQQ?
Large Cap Blend against Large Cap Growth.
QQQ has a lower expense ratio. QQQ led over 1Y and the full window. IPAV is less concentrated, with 31.8% of the fund in its ten largest positions against 46.5%.
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 | IPAV | QQQ |
|---|---|---|
| Expense Ratio | 0.55% | 0.18%Best |
| AUM | $5M | $486.1B |
| Dividend Yield | 1.52% | 0.44% |
| Holdings | 108 | 107 |
| YTD Return | +8.74% | +17.54%Best |
| 1Y Return | +16.64% | +25.59%Best |
| 3Y Return (annualized) | - | +24.63% |
| 5Y Return (annualized) | - | +14.18% |
| Volatility (annualized) | 16.3%Best | 18.2% |
| Max Drawdown | -14.6%Best | -22.8% |
| $10,000 over 2 years | $13,163 | $15,354Best |
| Top 10 Weight | 31.8%Best | 46.5% |
| Fund Family | GLOBALXETFS | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Growth |
| Inception | Aug 27, 2024 | Mar 10, 1999 |
Volatility and max drawdown, and the $10,000 over 2 years row, are measured over the window both funds cover: Aug 28, 2024 to Sep 4, 2026 (2 years).
IPAV 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 years both funds cover.
IPAV vs QQQ Performance
Global X Infrastructure Development ex-US ETF (IPAV) is an ETF from GLOBALXETFS and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year IPAV returned +16.64% while QQQ returned +25.59%. Year to date, IPAV is up 8.74% versus a gain of 17.54% 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 18.2% compared with 16.3% for IPAV. 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 -14.6% for IPAV 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 0.50. They move together some of the time, and apart the rest.
Fees and Cost Over Time
IPAV charges 0.55% per year while QQQ charges 0.18%. On a $10,000 position that is $55 vs $18 annually, a gap of $37 per year that compounds over a long holding period. On income, IPAV currently yields 1.52% against 0.44% for QQQ.
Holdings Overlap
2.9% of IPAV's money is in holdings QQQ also owns. 0.2% of QQQ's money is in holdings IPAV also owns.
IPAV and QQQ share little of their money.
1 positions in common, counted across the 100 positions we hold weights for in IPAV and 102 in QQQ, against full books of 108 and 107.
What only one of them owns
Our book lists 96 positions for QQQ that do not appear in our book for IPAV (97.5% of the fund), and 0 for IPAV 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.
Top Shared Holdings
| Stock | Weight in IPAV | Weight in QQQ | Difference |
|---|---|---|---|
| FER:ASFerrovial Se | 2.94% | 0.21% | 2.73% |
You are not choosing between two funds in isolation.
Whichever of IPAV 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, IPAV or QQQ?
IPAV has an expense ratio of 0.55% while QQQ charges 0.18%. QQQ is the cheaper option, by $37 a year on a $10,000 investment.
Which performed better, IPAV or QQQ?
Over the past year IPAV returned +16.64% vs +25.59% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (2 years), IPAV annualized +14.73% vs +23.91% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IPAV or QQQ?
QQQ has been the more volatile fund at 18.2% annualized versus 16.3% for IPAV. Worst drawdown: IPAV -14.6% vs QQQ -22.8%.
Should I hold both IPAV and QQQ?
IPAV and QQQ have a monthly-return correlation of 0.50, 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 IPAV and QQQ?
2.9% of IPAV's money is in holdings QQQ also owns. 0.2% of QQQ's is in holdings IPAV also owns. They hold 1 positions in common, counted across the 100 positions we hold weights for in IPAV and 102 in QQQ.
Which pays a higher dividend, IPAV or QQQ?
IPAV yields 1.52% while QQQ yields 0.44%, so IPAV currently pays the higher dividend yield.
Is QQQ better than IPAV?
QQQ has a lower expense ratio. QQQ led over 1Y and the full window. IPAV is less concentrated, with 31.8% of the fund in its ten largest positions against 46.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.