ITEQ vs QQQ
Amplify BlueStar Israel Technology ETF vs Invesco QQQ Trust, Series 1
Which is better, ITEQ or QQQ?
Mid Cap Blend against Large Cap Growth.
QQQ has a lower expense ratio. QQQ led over 1Y and the full window. ITEQ is less concentrated, with 43.7% 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 | ITEQ | QQQ |
|---|---|---|
| Expense Ratio | 0.75% | 0.18%Best |
| AUM | $108M | $483.5B |
| Dividend Yield | 0.78% | 0.44% |
| Holdings | 122 | 107 |
| YTD Return | +4.75% | +15.18%Best |
| 1Y Return | +7.41% | +19.65%Best |
| 3Y Return (annualized) | - | +24.60% |
| 5Y Return (annualized) | - | +13.94% |
| Volatility (annualized) | 17.8% | 17.3%Best |
| Max Drawdown | -22.9% | -22.8%Best |
| $10,000 over 2.6 years | $13,511 | $17,043Best |
| Top 10 Weight | 43.7%Best | 46.5% |
| Fund Family | Amplify ETFs | Invesco (US) |
| Category | Equity | Equity |
| Style | Mid Cap Blend | Large Cap Growth |
| Inception | Nov 2, 2015 | Mar 10, 1999 |
Volatility and max drawdown, and the $10,000 over 2.6 years row, are measured over the window both funds cover: Jan 31, 2024 to Sep 15, 2026 (2.6 years).
ITEQ 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 2.6 years both funds cover.
ITEQ vs QQQ Performance
Amplify BlueStar Israel Technology ETF (ITEQ) is an ETF from Amplify ETFs and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year ITEQ returned +7.41% while QQQ returned +19.65%. Year to date, ITEQ is up 4.75% versus a gain of 15.18% for QQQ.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
ITEQ has been the more volatile fund, with annualized monthly volatility of 17.8% compared with 17.3% for QQQ. 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 -22.9% for ITEQ 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 0.73. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
ITEQ charges 0.75% per year while QQQ charges 0.18%. On a $10,000 position that is $75 vs $18 annually, a gap of $57 per year that compounds over a long holding period. On income, ITEQ currently yields 0.78% against 0.44% for QQQ.
Holdings Overlap
10.9% of ITEQ's money is in holdings QQQ also owns. 1.3% of QQQ's money is in holdings ITEQ also owns.
ITEQ and QQQ share little of their money.
1 positions in common, counted across the 59 positions we hold weights for in ITEQ and 102 in QQQ, against full books of 122 and 107.
What only one of them owns
Our book lists 95 positions for QQQ that do not appear in our book for ITEQ (96.3% of the fund), and 29 for ITEQ that do not appear in QQQ (45.8%).
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 ITEQ | Weight in QQQ | Difference |
|---|---|---|---|
| PANWPalo Alto Networks, Inc | 10.90% | 1.30% | 9.60% |
You are not choosing between two funds in isolation.
Whichever of ITEQ 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, ITEQ or QQQ?
ITEQ has an expense ratio of 0.75% while QQQ charges 0.18%. QQQ is the cheaper option, by $57 a year on a $10,000 investment.
Which performed better, ITEQ or QQQ?
Over the past year ITEQ returned +7.41% vs +19.65% 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, ITEQ or QQQ?
ITEQ has been the more volatile fund at 17.8% annualized versus 17.3% for QQQ. Worst drawdown: ITEQ -22.9% vs QQQ -22.8%.
Should I hold both ITEQ and QQQ?
ITEQ and QQQ have a monthly-return correlation of 0.73, 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 ITEQ and QQQ?
10.9% of ITEQ's money is in holdings QQQ also owns. 1.3% of QQQ's is in holdings ITEQ also owns. They hold 1 positions in common, counted across the 59 positions we hold weights for in ITEQ and 102 in QQQ.
Which pays a higher dividend, ITEQ or QQQ?
ITEQ yields 0.78% while QQQ yields 0.44%, so ITEQ currently pays the higher dividend yield.
Is QQQ better than ITEQ?
QQQ has a lower expense ratio. QQQ led over 1Y and the full window. ITEQ is less concentrated, with 43.7% 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.