KEMQ vs QQQ
KraneShares Public-Private Emerging Markets Internet and Technology 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 | KEMQ | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.49% | 0.18% | |
| AUM | $26M | $496.3B | |
| Dividend Yield | 5.24% | 0.44% | |
| Holdings | 67 | 108 | |
| YTD Return | +1.12% | +16.30% | |
| 1Y Return | +14.83% | +24.83% | |
| 3Y Return (annualized) | +23.51% | +25.48% | |
| 5Y Return (annualized) | -0.77% | +14.50% | |
| Volatility (annualized) | 24.5% | 30.6% | |
| Max Drawdown | -70.7% | -83.0% | |
| Fund Family | KraneShares | Invesco (US) | |
| Category | Equity | Equity | |
| Inception | Oct 11, 2017 | Mar 10, 1999 |
KEMQ vs QQQ Performance
KraneShares Public-Private Emerging Markets Internet and Technology ETF (KEMQ) is a ETF from KraneShares and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year KEMQ returned +14.83% while QQQ returned +24.83%. Year to date, KEMQ is up 1.12% versus a gain of 16.30% for QQQ.
Over three years, KEMQ compounded at +23.51% per year against +25.48% for QQQ; over five years the annualized figures are -0.77% and +14.50% respectively. Across the full 9-year window we track, QQQ has the edge at +13.01% annualized vs +1.57%. 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 24.5% for KEMQ. 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 -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 0.59. They move independently enough that combining them can meaningfully diversify a portfolio.
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 5.24% against 0.44% for QQQ.
Holdings Overlap
KEMQ and QQQ share 2 holdings out of 153 unique holdings combined, representing a 0.7% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
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. On a $10,000 investment, that is $31 per year of difference.
Which performed better, KEMQ or QQQ?
Over the past year KEMQ returned +14.83% vs +24.83% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (9 years), KEMQ annualized +1.57% vs +13.01% for QQQ. Past performance does not guarantee future results.
Which is riskier, KEMQ or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 24.5% for KEMQ. Worst drawdown: KEMQ -70.7% vs QQQ -83.0%.
Should I hold both KEMQ and QQQ?
KEMQ and QQQ have a monthly-return correlation of 0.59, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between KEMQ and QQQ?
KEMQ and QQQ share 2 common holdings with a 0.7% weight overlap. Combined, they hold 153 unique securities.
Which pays a higher dividend, KEMQ or QQQ?
KEMQ yields 5.24% while QQQ yields 0.44%, so KEMQ currently pays the higher dividend yield.
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