KHYB vs QQQ
KraneShares Asia Pacific High Income USD Bond ETF vs Invesco QQQ Trust, Series 1
Which is better, KHYB or QQQ?
Emerging Markets 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 | KHYB | QQQ |
|---|---|---|
| Expense Ratio | 0.69% | 0.18%Best |
| AUM | $15M | $437.3B |
| Dividend Yield | 9.54% | 0.43% |
| Holdings | 69 | 208 |
| Volatility (annualized) | 8.1%Best | 20.4% |
| Max Drawdown | -35.0%Best | -35.1% |
| $10,000 over 8.3 years | $10,008 | $42,813Best |
| Fund Family | KraneShares | Invesco (US) |
| Category | Fixed Income | Equity |
| Style | Emerging Markets Bond | Large Cap Growth |
| Inception | Jun 26, 2018 | Mar 10, 1999 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized), Top 10 Weight.
The two price series end 16 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. KHYB has data through Oct 26, 2026 and QQQ through Nov 11, 2026.
Volatility and max drawdown, and the $10,000 over 8.3 years row, are measured over the window both funds cover: Jun 28, 2018 to Oct 26, 2026 (8.3 years).
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 20.4% compared with 8.1% for KHYB. 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 -35.0% for KHYB 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 0.29. They move largely independently of each other.
Fees and Cost Over Time
KHYB charges 0.69% per year while QQQ charges 0.18%. On a $10,000 position that is $69 vs $18 annually, a gap of $51 per year that compounds over a long holding period. On income, KHYB currently yields 9.54% against 0.43% for QQQ.
Holdings Overlap
We hold position weights for 2 holdings in KHYB and 101 in QQQ, totalling 1.3% and 99.7% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 2 positions we hold weights for in KHYB and 101 in QQQ, against full books of 69 and 208.
You are not choosing between two funds in isolation.
Whichever of KHYB 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, KHYB or QQQ?
KHYB has an expense ratio of 0.69% while QQQ charges 0.18%. QQQ is the cheaper option, by $51 a year on a $10,000 investment.
Which is riskier, KHYB or QQQ?
QQQ has been the more volatile fund at 20.4% annualized versus 8.1% for KHYB. Worst drawdown: KHYB -35.0% vs QQQ -35.1%.
Should I hold both KHYB and QQQ?
KHYB and QQQ have a monthly-return correlation of 0.29, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, KHYB or QQQ?
KHYB yields 9.54% while QQQ yields 0.43%, so KHYB currently pays the higher dividend yield.
Is QQQ better than KHYB?
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.