KWIN vs QQQ
KraneShares Wahed Alternative Income Index ETF vs Invesco QQQ Trust, Series 1
Which is better, KWIN or QQQ?
Multi Alternative against Large Cap Growth.
QQQ has a lower expense ratio. QQQ led over 1Y.
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 | KWIN | QQQ |
|---|---|---|
| Expense Ratio | 0.51% | 0.18%Best |
| AUM | $62M | $483.5B |
| Dividend Yield | 0.00% | 0.44% |
| Holdings | 322 | 107 |
| YTD Return | +2.68% | +21.18%Best |
| 1Y Return | +3.50% | +24.36%Best |
| 3Y Return (annualized) | - | +27.99% |
| 5Y Return (annualized) | - | +15.39% |
| Fund Family | KraneShares | Invesco (US) |
| Category | Alternative | Equity |
| Style | Multi Alternative | Large Cap Growth |
| Inception | Nov 5, 2025 | Mar 10, 1999 |
Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window, Top 10 Weight.
KWIN 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.
KWIN vs QQQ Performance
KraneShares Wahed Alternative Income Index ETF (KWIN) is an ETF from KraneShares and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year KWIN returned +3.50% while QQQ returned +24.36%. Year to date, KWIN is up 2.68% versus a gain of 21.18% for QQQ.
Past performance does not guarantee future results.
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 0.44% for QQQ.
Holdings Overlap
At least 17.7% of QQQ's money is in holdings KWIN also owns.
Only one direction is shown: for KWIN, our book for it lists positions totalling 106.7% of the fund, which is what a leveraged book looks like and is not a denominator we can divide by.
QQQ and KWIN share little of their money.
16 positions in common, counted across the 25 positions we hold weights for in KWIN and 102 in QQQ, against full books of 322 and 107.
Top Shared Holdings
| Stock | Weight in KWIN | Weight in QQQ | Difference |
|---|---|---|---|
| TSLATesla Inc | 6.13% | 2.56% | 3.57% |
| AMZNAmazon.Com Inc | 3.61% | 4.67% | 1.06% |
| AMDAdvanced Micro Devices Inc | 3.12% | 3.45% | 0.33% |
| SNPSSynopsys | 6.12% | 0.34% | 5.78% |
| VRTXNvaesrtex Pharmaceuticals Inc | 5.64% | 0.54% | 5.10% |
| WDAYWorkday, Inc., Class A | 5.72% | 0.15% | 5.57% |
| CDNSCadence Design Systems Inc. | 5.21% | 0.41% | 4.80% |
| CRWDCrowdstrike Holdings Inc | 4.41% | 0.94% | 3.47% |
| ADBEAdobe Systems | 4.55% | 0.46% | 4.09% |
| PANWPalo Alto Networks, Inc | 3.71% | 1.30% | 2.41% |
You are not choosing between two funds in isolation.
Whichever of KWIN 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, KWIN or QQQ?
KWIN has an expense ratio of 0.51% while QQQ charges 0.18%. QQQ is the cheaper option, by $33 a year on a $10,000 investment.
Which performed better, KWIN or QQQ?
Over the past year KWIN returned +3.50% vs +24.36% for QQQ, so QQQ leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
What is the holdings overlap between KWIN and QQQ?
At least 17.7% of QQQ's money is in holdings KWIN also owns. Our book for KWIN is partial, so the real figure is this or higher. They hold 16 positions in common, counted across the 25 positions we hold weights for in KWIN and 102 in QQQ.
Which pays a higher dividend, KWIN or QQQ?
KWIN yields 0.00% while QQQ yields 0.44%, so QQQ currently pays the higher dividend yield.
Is QQQ better than KWIN?
QQQ has a lower expense ratio. QQQ led over 1Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.