KWIN vs QQQ

Quick Verdict

QQQ has a lower expense ratio. QQQ offers more diversification with 103 holdings.

Lower Fees: QQQHigher Returns: TiedMore Diversified: QQQ

Side-by-Side Comparison

MetricKWINQQQWinner
Expense Ratio0.51%0.18%
AUM$60M$455.8B
Dividend Yield0.00%0.41%
Holdings172108
YTD Return+2.13%+18.20%
1Y Return-+27.63%
3Y Return (annualized)-+25.54%
5Y Return (annualized)-+15.12%
Volatility (annualized)-30.6%
Max Drawdown-1.6%-83.0%
Fund FamilyKraneSharesInvesco (US)
CategoryAlternativeEquity
InceptionNov 5, 2025Mar 10, 1999

KWIN vs QQQ Performance

KraneShares Wahed Alternative Income Index ETF (KWIN) is a ETF from KraneShares and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Year to date, KWIN is up 2.13% versus a gain of 18.20% for QQQ.

Risk: Volatility and Drawdowns

The deepest peak-to-trough decline in our data was -1.6% for KWIN and -83.0% for QQQ. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

Fees and Cost Over Time

KWIN charges 0.51% per year while QQQ charges 0.18%. On a $10,000 position that is $51 vs $18 annually, a gap of $33 per year that compounds over a long holding period. On income, KWIN currently yields 0.00% against 0.41% for QQQ.

Holdings Overlap

17.9%overlap

KWIN and QQQ share 16 holdings out of 116 unique holdings combined, representing a 17.9% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in KWINWeight in QQQDifference
SNDK14.77%1.10%13.67%
AMD8.74%3.85%4.89%
FTNT8.04%0.52%7.52%
AMZNProProPro
PANWProProPro
CRWDProProPro
TSLAProProPro
CDNSProProPro
DASHProProPro
WDAYProProPro
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Frequently Asked Questions

Which is cheaper, KWIN or QQQ?

KWIN has an expense ratio of 0.51% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $33 per year of difference.

What is the holdings overlap between KWIN and QQQ?

KWIN and QQQ share 16 common holdings with a 17.9% weight overlap. Combined, they hold 116 unique securities.

Which pays a higher dividend, KWIN or QQQ?

KWIN yields 0.00% while QQQ yields 0.41%, so QQQ currently pays the higher dividend yield.

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