IRVH vs QQQ
Global X Interest Rate Volatility & Inflation Hedge 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 | IRVH | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.45% | 0.18% | |
| AUM | $1M | $496.3B | |
| Dividend Yield | 5.68% | 0.44% | |
| Holdings | 44 | 108 | |
| YTD Return | -4.20% | +16.64% | |
| 1Y Return | -4.36% | +27.27% | |
| 3Y Return (annualized) | +0.29% | +25.96% | |
| 5Y Return (annualized) | - | +14.54% | |
| Volatility (annualized) | 8.1% | 30.6% | |
| Max Drawdown | -15.0% | -83.0% | |
| Fund Family | Global X by mirae Asset | Invesco (US) | |
| Category | Alternative | Equity | |
| Inception | Jul 5, 2022 | Mar 10, 1999 |
IRVH vs QQQ Performance
Global X Interest Rate Volatility & Inflation Hedge ETF (IRVH) is a ETF from Global X by mirae Asset and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year IRVH returned -4.36% while QQQ returned +27.27%. Year to date, IRVH is down 4.20% versus a gain of 16.64% for QQQ.
Over three years, IRVH compounded at +0.29% per year against +25.96% for QQQ. Across the full 4-year window we track, QQQ has the edge at +13.03% annualized vs -2.11%. 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 8.1% for IRVH. 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 -15.0% for IRVH 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 0.29. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
IRVH charges 0.45% per year while QQQ charges 0.18%. On a $10,000 position that is $45 vs $18 annually, a gap of $27 per year that compounds over a long holding period. On income, IRVH currently yields 5.68% against 0.44% for QQQ.
Holdings Overlap
IRVH and QQQ share 0 holdings out of 105 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, IRVH or QQQ?
IRVH has an expense ratio of 0.45% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $27 per year of difference.
Which performed better, IRVH or QQQ?
Over the past year IRVH returned -4.36% vs +27.27% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (4 years), IRVH annualized -2.11% vs +13.03% for QQQ. Past performance does not guarantee future results.
Which is riskier, IRVH or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 8.1% for IRVH. Worst drawdown: IRVH -15.0% vs QQQ -83.0%.
Should I hold both IRVH and QQQ?
IRVH and QQQ have a monthly-return correlation of 0.29, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IRVH and QQQ?
IRVH and QQQ share 0 common holdings with a 0.0% weight overlap. Combined, they hold 105 unique securities.
Which pays a higher dividend, IRVH or QQQ?
IRVH yields 5.68% while QQQ yields 0.44%, so IRVH currently pays the higher dividend yield.
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