JCHI vs QQQ
JPMorgan Active China ETF vs Invesco QQQ Trust, Series 1
Which is better, JCHI or QQQ?
Large Cap Blend against Large Cap Growth.
JCHI has a lower expense ratio. QQQ led over 1Y, 3Y and the full window. JCHI is less concentrated, with 46.0% of the fund in its ten largest positions against 47.2%.
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 | JCHI | QQQ |
|---|---|---|
| Expense Ratio | 0.15%Best | 0.18% |
| AUM | $14M | $498.6B |
| Dividend Yield | 1.82% | 0.42% |
| Holdings | 106 | 321 |
| YTD Return | -8.77% | +24.32%Best |
| 1Y Return | -13.33% | +25.59%Best |
| 3Y Return (annualized) | +9.14% | +28.30%Best |
| 5Y Return (annualized) | - | +16.83% |
| Volatility (annualized) | 20.1% | 16.8%Best |
| Max Drawdown | -29.6% | -22.8%Best |
| $10,000 over 3.6 years | $11,318 | $25,559Best |
| Top 10 Weight | 46.0%Best | 47.2% |
| Fund Family | J.P. Morgan Asset Management | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Growth |
| Inception | Mar 15, 2023 | Mar 10, 1999 |
Volatility and max drawdown, and the $10,000 over 3.6 years row, are measured over the window both funds cover: Mar 16, 2023 to Oct 6, 2026 (3.6 years).
JCHI 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 3.6 years both funds cover.
JCHI vs QQQ Performance
JPMorgan Active China ETF (JCHI) is an ETF from J.P. Morgan Asset Management and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year JCHI returned -13.33% while QQQ returned +25.59%. Year to date, JCHI is down 8.77% versus a gain of 24.32% for QQQ.
Over three years, JCHI compounded at +9.14% per year against +28.30% for QQQ. Across the full 4-year window we track, QQQ has the edge at +29.78% annualized vs +3.50%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
JCHI has been the more volatile fund, with annualized monthly volatility of 20.1% compared with 16.8% 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 -29.6% for JCHI 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 0.12. They move largely independently of each other.
Fees and Cost Over Time
JCHI charges 0.15% per year while QQQ charges 0.18%. On a $10,000 position that is $15 vs $18 annually, a gap of $3 per year that compounds over a long holding period. On income, JCHI currently yields 1.82% against 0.42% for QQQ.
Holdings Overlap
We hold position weights for 50 holdings in JCHI and 102 in QQQ, totalling 98.8% 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 50 positions we hold weights for in JCHI and 102 in QQQ, against full books of 106 and 321.
What only one of them owns
Our book lists 96 positions for QQQ that do not appear in our book for JCHI (97.8% of the fund), and 1 for JCHI that do not appear in QQQ (2.8%).
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.
You are not choosing between two funds in isolation.
Whichever of JCHI 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, JCHI or QQQ?
JCHI has an expense ratio of 0.15% while QQQ charges 0.18%. JCHI is the cheaper option, by $3 a year on a $10,000 investment.
Which performed better, JCHI or QQQ?
Over the past year JCHI returned -13.33% vs +25.59% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (4 years), JCHI annualized +3.50% vs +29.78% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, JCHI or QQQ?
JCHI has been the more volatile fund at 20.1% annualized versus 16.8% for QQQ. Worst drawdown: JCHI -29.6% vs QQQ -22.8%.
Should I hold both JCHI and QQQ?
JCHI and QQQ have a monthly-return correlation of 0.12, 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, JCHI or QQQ?
JCHI yields 1.82% while QQQ yields 0.42%, so JCHI currently pays the higher dividend yield.
Is QQQ better than JCHI?
JCHI has a lower expense ratio. QQQ led over 1Y, 3Y and the full window. JCHI is less concentrated, with 46.0% of the fund in its ten largest positions against 47.2%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.