JIII vs QQQ
Janus Henderson Income ETF vs Invesco QQQ Trust, Series 1
Which is better, JIII or QQQ?
Investment Grade Bond against Large Cap Growth.
QQQ has a lower expense ratio. QQQ led over 1Y and the full window.
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 | JIII | QQQ |
|---|---|---|
| Expense Ratio | 0.54% | 0.18%Best |
| AUM | $171M | $483.5B |
| Dividend Yield | 7.87% | 0.44% |
| Holdings | 596 | 107 |
| YTD Return | +0.69% | +17.95%Best |
| 1Y Return | +2.47% | +21.77%Best |
| 3Y Return (annualized) | - | +25.63% |
| 5Y Return (annualized) | - | +15.24% |
| Volatility (annualized) | 2.7%Best | 19.1% |
| Max Drawdown | -3.5%Best | -22.8% |
| $10,000 over 1.8 years | $10,939 | $14,089Best |
| Fund Family | Janus Henderson Investors | Invesco (US) |
| Category | Fixed Income | Equity |
| Style | Investment Grade Bond | Large Cap Growth |
| Inception | Nov 12, 2024 | Mar 10, 1999 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 1.8 years row, are measured over the window both funds cover: Nov 13, 2024 to Sep 18, 2026 (1.8 years).
JIII 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 1.8 years both funds cover.
JIII vs QQQ Performance
Janus Henderson Income ETF (JIII) is an ETF from Janus Henderson Investors and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year JIII returned +2.47% while QQQ returned +21.77%. Year to date, JIII is up 0.69% versus a gain of 17.95% 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 19.1% compared with 2.7% for JIII. 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 -3.5% for JIII 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 0.47. They move together some of the time, and apart the rest.
Fees and Cost Over Time
JIII charges 0.54% per year while QQQ charges 0.18%. On a $10,000 position that is $54 vs $18 annually, a gap of $36 per year that compounds over a long holding period. On income, JIII currently yields 7.87% against 0.44% for QQQ.
Holdings Overlap
At least 1.1% of QQQ's money is in holdings JIII also owns.
Stated as a floor: for JIII, our book for it covers 53.2% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
QQQ and JIII share little of their money.
2 positions in common, counted across the 132 positions we hold weights for in JIII and 102 in QQQ, against full books of 596 and 107.
You are not choosing between two funds in isolation.
Whichever of JIII 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, JIII or QQQ?
JIII has an expense ratio of 0.54% while QQQ charges 0.18%. QQQ is the cheaper option, by $36 a year on a $10,000 investment.
Which performed better, JIII or QQQ?
Over the past year JIII returned +2.47% vs +21.77% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (2 years), JIII annualized +5.11% vs +20.98% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, JIII or QQQ?
QQQ has been the more volatile fund at 19.1% annualized versus 2.7% for JIII. Worst drawdown: JIII -3.5% vs QQQ -22.8%.
Should I hold both JIII and QQQ?
JIII and QQQ have a monthly-return correlation of 0.47, 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 JIII and QQQ?
At least 1.1% of QQQ's money is in holdings JIII also owns. Our book for JIII is partial, so the real figure is this or higher. They hold 2 positions in common, counted across the 132 positions we hold weights for in JIII and 102 in QQQ.
Which pays a higher dividend, JIII or QQQ?
JIII yields 7.87% while QQQ yields 0.44%, so JIII currently pays the higher dividend yield.
Is QQQ better than JIII?
QQQ has a lower expense ratio. QQQ led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.