JULT vs QQQ
AllianzIM US Equity Buffer10 Jul 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 | JULT | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.74% | 0.18% | |
| AUM | $59M | $496.3B | |
| Dividend Yield | 0.00% | 0.44% | |
| Holdings | 5 | 108 | |
| YTD Return | +8.17% | +16.23% | |
| 1Y Return | +13.64% | +26.23% | |
| 3Y Return (annualized) | +15.71% | +25.75% | |
| 5Y Return (annualized) | +11.48% | +14.78% | |
| Volatility (annualized) | 9.6% | 30.6% | |
| Max Drawdown | -13.6% | -83.0% | |
| Fund Family | AllianzIM | Invesco (US) | |
| Category | Alternative | Equity | |
| Inception | Jun 30, 2020 | Mar 10, 1999 |
JULT vs QQQ Performance
AllianzIM US Equity Buffer10 Jul ETF (JULT) is a ETF from AllianzIM and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year JULT returned +13.64% while QQQ returned +26.23%. Year to date, JULT is up 8.17% versus a gain of 16.23% for QQQ.
Over three years, JULT compounded at +15.71% per year against +25.75% for QQQ; over five years the annualized figures are +11.48% and +14.78% respectively. Across the full 6-year window we track, QQQ has the edge at +13.02% annualized vs +12.04%. 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 9.6% for JULT. 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 -13.6% for JULT 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 0.86. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
JULT charges 0.74% per year while QQQ charges 0.18%. On a $10,000 position that is $74 vs $18 annually, a gap of $56 per year that compounds over a long holding period. On income, JULT currently yields 0.00% against 0.44% for QQQ.
Frequently Asked Questions
Which is cheaper, JULT or QQQ?
JULT has an expense ratio of 0.74% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $56 per year of difference.
Which performed better, JULT or QQQ?
Over the past year JULT returned +13.64% vs +26.23% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (6 years), JULT annualized +12.04% vs +13.02% for QQQ. Past performance does not guarantee future results.
Which is riskier, JULT or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 9.6% for JULT. Worst drawdown: JULT -13.6% vs QQQ -83.0%.
Should I hold both JULT and QQQ?
JULT and QQQ have a monthly-return correlation of 0.86, so combining them can provide real diversification depending on your allocation goals.
Which pays a higher dividend, JULT or QQQ?
JULT yields 0.00% while QQQ yields 0.44%, so QQQ 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.