JPXN vs QQQ
iShares JPX-Nikkei 400 ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. QQQ delivered stronger 1-year returns. JPXN offers more diversification with 394 holdings.
Side-by-Side Comparison
| Metric | JPXN | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.48% | 0.18% | |
| AUM | $142M | $496.3B | |
| Dividend Yield | 2.74% | 0.44% | |
| Holdings | 394 | 108 | |
| YTD Return | +17.83% | +16.64% | |
| 1Y Return | +25.45% | +27.27% | |
| 3Y Return (annualized) | +20.07% | +25.96% | |
| 5Y Return (annualized) | +9.79% | +14.54% | |
| Volatility (annualized) | 15.9% | 30.6% | |
| Max Drawdown | -56.5% | -83.0% | |
| Fund Family | iShares by BlackRock (US) | Invesco (US) | |
| Category | Equity | Equity | |
| Inception | Oct 23, 2001 | Mar 10, 1999 |
JPXN vs QQQ Performance
iShares JPX-Nikkei 400 ETF (JPXN) is a ETF from iShares by BlackRock (US) and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year JPXN returned +25.45% while QQQ returned +27.27%. Year to date, JPXN is up 17.83% versus a gain of 16.64% for QQQ.
Over three years, JPXN compounded at +20.07% per year against +25.96% for QQQ; over five years the annualized figures are +9.79% and +14.54% respectively. Across the full 25-year window we track, QQQ has the edge at +13.03% annualized vs +4.51%. 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 15.9% for JPXN. 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 -56.5% for JPXN 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 0.54. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
JPXN charges 0.48% per year while QQQ charges 0.18%. On a $10,000 position that is $48 vs $18 annually, a gap of $30 per year that compounds over a long holding period. On income, JPXN currently yields 2.74% against 0.44% for QQQ.
Holdings Overlap
JPXN and QQQ share 0 holdings out of 492 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, JPXN or QQQ?
JPXN has an expense ratio of 0.48% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $30 per year of difference.
Which performed better, JPXN or QQQ?
Over the past year JPXN returned +25.45% vs +27.27% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (25 years), JPXN annualized +4.51% vs +13.03% for QQQ. Past performance does not guarantee future results.
Which is riskier, JPXN or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 15.9% for JPXN. Worst drawdown: JPXN -56.5% vs QQQ -83.0%.
Should I hold both JPXN and QQQ?
JPXN and QQQ have a monthly-return correlation of 0.54, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between JPXN and QQQ?
JPXN and QQQ share 0 common holdings with a 0.0% weight overlap. Combined, they hold 492 unique securities.
Which pays a higher dividend, JPXN or QQQ?
JPXN yields 2.74% while QQQ yields 0.44%, so JPXN currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.