KORP vs QQQ

KORP vs QQQ

Which is better, KORP or QQQ?

QQQ has been ahead.

QQQ has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window.

Lower Fees: QQQHigher Returns: 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

MetricKORPQQQ
Expense Ratio0.29%0.18%Best
AUM$924M$483.5B
Dividend Yield5.19%0.44%
Holdings340107
YTD Return-1.08%+15.18%Best
1Y Return-0.88%+19.65%Best
3Y Return (annualized)+5.37%+24.60%Best
5Y Return (annualized)+1.15%+13.94%Best
Volatility (annualized)5.6%Best20.1%
Max Drawdown-14.9%Best-35.1%
$10,000 over 5 years$10,588$19,204Best
Fund FamilyAmerican Century InvestmentsInvesco (US)
CategoryFixed IncomeEquity
Style-Large Cap Growth
InceptionJan 11, 2018Mar 10, 1999

Not shown on this pair: Top 10 Weight.

Volatility and max drawdown are measured over the window both funds cover: Jan 16, 2018 to Sep 15, 2026 (8.7 years).

KORP 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.

KORP vs QQQ Performance

American Century Diversified Corporate Bond ETF (KORP) is an ETF from American Century Investments and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year KORP returned -0.88% while QQQ returned +19.65%. Year to date, KORP is down 1.08% versus a gain of 15.18% for QQQ.

Over three years, KORP compounded at +5.37% per year against +24.60% for QQQ; over five years the annualized figures are +1.15% and +13.94% respectively. Across the full 9-year window we track, QQQ has the edge at +18.77% annualized vs +1.39%.

Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

QQQ has been the more volatile fund, with annualized monthly volatility of 20.1% compared with 5.6% for KORP. 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 -14.9% for KORP 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

KORP charges 0.29% per year while QQQ charges 0.18%. On a $10,000 position that is $29 vs $18 annually, a gap of $11 per year that compounds over a long holding period. On income, KORP currently yields 5.19% against 0.44% for QQQ.

Holdings Overlap

We hold position weights for 162 holdings in KORP and 102 in QQQ, totalling 53.8% and 99.9% 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 162 positions we hold weights for in KORP and 102 in QQQ, against full books of 340 and 107.

You are not choosing between two funds in isolation.

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

KORPQQQ

Free for up to 10 holdings. No account needed.

Frequently Asked Questions

Which is cheaper, KORP or QQQ?

KORP has an expense ratio of 0.29% while QQQ charges 0.18%. QQQ is the cheaper option, by $11 a year on a $10,000 investment.

Which performed better, KORP or QQQ?

Over the past year KORP returned -0.88% vs +19.65% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (9 years), KORP annualized +1.39% vs +18.77% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.

Which is riskier, KORP or QQQ?

QQQ has been the more volatile fund at 20.1% annualized versus 5.6% for KORP. Worst drawdown: KORP -14.9% vs QQQ -35.1%.

Should I hold both KORP and QQQ?

KORP 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.

Which pays a higher dividend, KORP or QQQ?

KORP yields 5.19% while QQQ yields 0.44%, so KORP currently pays the higher dividend yield.

Is QQQ better than KORP?

QQQ has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.