KMID vs QQQ

KMID vs QQQ

Which is better, KMID or QQQ?

Mid Cap Growth against Large Cap Growth.

QQQ has a lower expense ratio. QQQ led over 1Y and the full window. QQQ is less concentrated, with 46.5% of the fund in its ten largest positions against 49.1%.

Lower Fees: QQQHigher Returns: QQQLess Concentrated: QQQ

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

MetricKMIDQQQ
Expense Ratio0.80%0.18%Best
AUM$43M$483.5B
Dividend Yield0.12%0.44%
Holdings27107
YTD Return-3.18%+16.87%Best
1Y Return-5.49%+22.98%Best
3Y Return (annualized)-+24.98%
5Y Return (annualized)-+14.39%
Volatility (annualized)12.9%Best18.9%
Max Drawdown-18.9%Best-22.8%
$10,000 over 1.9 years$9,482$14,687Best
Top 10 Weight49.1%46.5%Best
Fund FamilyVirtus Investment PartnersInvesco (US)
CategoryEquityEquity
StyleMid Cap GrowthLarge Cap Growth
InceptionOct 15, 2024Mar 10, 1999

Volatility and max drawdown, and the $10,000 over 1.9 years row, are measured over the window both funds cover: Oct 16, 2024 to Sep 11, 2026 (1.9 years).

KMID 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 1.9 years both funds cover.

KMID vs QQQ Performance

Virtus KAR Mid-Cap ETF (KMID) is an ETF from Virtus Investment Partners and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year KMID returned -5.49% while QQQ returned +22.98%. Year to date, KMID is down 3.18% versus a gain of 16.87% for QQQ.

Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

QQQ has been the more volatile fund, with annualized monthly volatility of 18.9% compared with 12.9% for KMID. 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 -18.9% for KMID and -22.8% 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 0.50. They move together some of the time, and apart the rest.

Fees and Cost Over Time

KMID charges 0.80% per year while QQQ charges 0.18%. On a $10,000 position that is $80 vs $18 annually, a gap of $62 per year that compounds over a long holding period. On income, KMID currently yields 0.12% against 0.44% for QQQ.

Holdings Overlap

KMID already in QQQ14.0%
QQQ already in KMID0.8%

14.0% of KMID's money is in holdings QQQ also owns. 0.8% of QQQ's money is in holdings KMID also owns.

KMID and QQQ share little of their money.

3 positions in common, counted across the 26 positions we hold weights for in KMID and 102 in QQQ, against full books of 27 and 107.

What only one of them owns

Measured across the 26 and 102 positions we hold weights for.

QQQ holds 92 positions KMID does not, 96.2% of the fund.

Largest: NVDA 8.44%, AAPL 7.27%, MSFT 5.76%, AMZN 4.67%, MU 4.43%

Top Shared Holdings

StockWeight in KMIDWeight in QQQDifference
MPWRMonolithic Power Systems Inc5.16%0.29%4.87%
ROSTRoss Stores, Inc.5.03%0.36%4.67%
ODFLOld Dominion Freight Line Inc3.81%0.20%3.61%

You are not choosing between two funds in isolation.

Whichever of KMID and QQQ you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.

KMIDQQQ

Free for up to 10 holdings. No account needed.

Frequently Asked Questions

Which is cheaper, KMID or QQQ?

KMID has an expense ratio of 0.80% while QQQ charges 0.18%. QQQ is the cheaper option, by $62 a year on a $10,000 investment.

Which performed better, KMID or QQQ?

Over the past year KMID returned -5.49% vs +22.98% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (2 years), KMID annualized -2.76% vs +22.42% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.

Which is riskier, KMID or QQQ?

QQQ has been the more volatile fund at 18.9% annualized versus 12.9% for KMID. Worst drawdown: KMID -18.9% vs QQQ -22.8%.

Should I hold both KMID and QQQ?

KMID and QQQ have a monthly-return correlation of 0.50, 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 KMID and QQQ?

14.0% of KMID's money is in holdings QQQ also owns. 0.8% of QQQ's is in holdings KMID also owns. They hold 3 positions in common, counted across the 26 positions we hold weights for in KMID and 102 in QQQ.

Which pays a higher dividend, KMID or QQQ?

KMID yields 0.12% while QQQ yields 0.44%, so QQQ currently pays the higher dividend yield.

Is QQQ better than KMID?

QQQ has a lower expense ratio. QQQ led over 1Y and the full window. QQQ is less concentrated, with 46.5% of the fund in its ten largest positions against 49.1%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.