KEMQ vs QQQ
KraneShares Public-Private Emerging Markets Internet and Technology ETF vs Invesco QQQ Trust, Series 1
Which is better, KEMQ or QQQ?
QQQ has been ahead.
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window. KEMQ is less concentrated, with 34.9% 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 | KEMQ | QQQ |
|---|---|---|
| Expense Ratio | 0.49% | 0.18%Best |
| AUM | $24M | $498.6B |
| Dividend Yield | 4.97% | 0.42% |
| Holdings | 67 | 321 |
| YTD Return | -2.47% | +22.95%Best |
| 1Y Return | -2.30% | +23.60%Best |
| 3Y Return (annualized) | +23.28% | +27.53%Best |
| 5Y Return (annualized) | -0.42% | +16.67%Best |
| Volatility (annualized) | 24.3% | 19.9%Best |
| Max Drawdown | -70.7% | -35.1%Best |
| $10,000 over 5 years | $9,792 | $21,617Best |
| Top 10 Weight | 34.9%Best | 47.2% |
| Fund Family | KraneShares | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | Oct 11, 2017 | Mar 10, 1999 |
Volatility and max drawdown are measured over the window both funds cover: Oct 12, 2017 to Oct 9, 2026 (9 years).
KEMQ 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 9 years both funds cover.
KEMQ vs QQQ Performance
KraneShares Public-Private Emerging Markets Internet and Technology ETF (KEMQ) is an ETF from KraneShares and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year KEMQ returned -2.30% while QQQ returned +23.60%. Year to date, KEMQ is down 2.47% versus a gain of 22.95% for QQQ.
Over three years, KEMQ compounded at +23.28% per year against +27.53% for QQQ; over five years the annualized figures are -0.42% and +16.67% respectively. Across the full 9-year window we track, QQQ has the edge at +20.27% annualized vs +1.14%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
KEMQ has been the more volatile fund, with annualized monthly volatility of 24.3% compared with 19.9% 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 -70.7% for KEMQ and -35.1% 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 0.59. They move together some of the time, and apart the rest.
Fees and Cost Over Time
KEMQ charges 0.49% per year while QQQ charges 0.18%. On a $10,000 position that is $49 vs $18 annually, a gap of $31 per year that compounds over a long holding period. On income, KEMQ currently yields 4.97% against 0.42% for QQQ.
Holdings Overlap
7.2% of KEMQ's money is in holdings QQQ also owns. 0.7% of QQQ's money is in holdings KEMQ also owns.
KEMQ and QQQ share little of their money.
2 positions in common, counted across the 54 positions we hold weights for in KEMQ and 102 in QQQ, against full books of 67 and 321.
What only one of them owns
Our book lists 94 positions for QQQ that do not appear in our book for KEMQ (97.1% of the fund), and 3 for KEMQ that do not appear in QQQ (4.2%).
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 KEMQ 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, KEMQ or QQQ?
KEMQ has an expense ratio of 0.49% while QQQ charges 0.18%. QQQ is the cheaper option, by $31 a year on a $10,000 investment.
Which performed better, KEMQ or QQQ?
Over the past year KEMQ returned -2.30% vs +23.60% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (9 years), KEMQ annualized +1.14% vs +20.27% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, KEMQ or QQQ?
KEMQ has been the more volatile fund at 24.3% annualized versus 19.9% for QQQ. Worst drawdown: KEMQ -70.7% vs QQQ -35.1%.
Should I hold both KEMQ and QQQ?
KEMQ and QQQ have a monthly-return correlation of 0.59, 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 KEMQ and QQQ?
7.2% of KEMQ's money is in holdings QQQ also owns. 0.7% of QQQ's is in holdings KEMQ also owns. They hold 2 positions in common, counted across the 54 positions we hold weights for in KEMQ and 102 in QQQ.
Which pays a higher dividend, KEMQ or QQQ?
KEMQ yields 4.97% while QQQ yields 0.42%, so KEMQ currently pays the higher dividend yield.
Is QQQ better than KEMQ?
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window. KEMQ is less concentrated, with 34.9% 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.