IPOS vs QQQ
Renaissance International IPO ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. IPOS delivered stronger 1-year returns. QQQ offers more diversification with 108 holdings.
Side-by-Side Comparison
| Metric | IPOS | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.80% | 0.18% | |
| AUM | $12M | $496.3B | |
| Dividend Yield | 0.36% | 0.44% | |
| Holdings | 38 | 108 | |
| YTD Return | +37.08% | +19.52% | |
| 1Y Return | +48.10% | +26.68% | |
| 3Y Return (annualized) | +17.79% | +26.64% | |
| 5Y Return (annualized) | -5.91% | +15.36% | |
| Volatility (annualized) | 21.8% | 30.6% | |
| Max Drawdown | -73.1% | -83.0% | |
| Fund Family | Renaissance Capital | Invesco (US) | |
| Category | Equity | Equity | |
| Inception | Oct 6, 2014 | Mar 10, 1999 |
IPOS vs QQQ Performance
Renaissance International IPO ETF (IPOS) is a ETF from Renaissance Capital and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year IPOS returned +48.10% while QQQ returned +26.68%. Year to date, IPOS is up 37.08% versus a gain of 19.52% for QQQ.
Over three years, IPOS compounded at +17.79% per year against +26.64% for QQQ; over five years the annualized figures are -5.91% and +15.36% respectively. Across the full 12-year window we track, QQQ has the edge at +13.14% annualized vs +1.60%. 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 21.8% for IPOS. 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 -73.1% for IPOS 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 0.58. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
IPOS charges 0.80% per year while QQQ charges 0.18%. On a $10,000 position that is $80 vs $18 annually, a gap of $62 per year that compounds over a long holding period. On income, IPOS currently yields 0.36% against 0.44% for QQQ.
Holdings Overlap
IPOS and QQQ share 0 holdings out of 152 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, IPOS or QQQ?
IPOS has an expense ratio of 0.80% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $62 per year of difference.
Which performed better, IPOS or QQQ?
Over the past year IPOS returned +48.10% vs +26.68% for QQQ, so IPOS leads on 1-year performance. Over the longest common window we track (12 years), IPOS annualized +1.60% vs +13.14% for QQQ. Past performance does not guarantee future results.
Which is riskier, IPOS or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 21.8% for IPOS. Worst drawdown: IPOS -73.1% vs QQQ -83.0%.
Should I hold both IPOS and QQQ?
IPOS and QQQ have a monthly-return correlation of 0.58, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IPOS and QQQ?
IPOS and QQQ share 0 common holdings with a 0.0% weight overlap. Combined, they hold 152 unique securities.
Which pays a higher dividend, IPOS or QQQ?
IPOS yields 0.36% while QQQ yields 0.44%, so QQQ currently pays the higher dividend yield.
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