KWT vs QQQ
iShares MSCI Kuwait ETF vs Invesco QQQ Trust, Series 1
Which is better, KWT or QQQ?
Mid Cap Value against Large Cap Growth.
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window. QQQ is less concentrated, with 47.2% of the fund in its ten largest positions against 70.9%.
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 | KWT | QQQ |
|---|---|---|
| Expense Ratio | 0.75% | 0.18%Best |
| AUM | $67M | $498.6B |
| Dividend Yield | 5.48% | 0.42% |
| Holdings | 52 | 321 |
| YTD Return | -5.07% | +22.67%Best |
| 1Y Return | -4.16% | +24.33%Best |
| 3Y Return (annualized) | +10.54% | +29.05%Best |
| 5Y Return (annualized) | +6.46% | +17.00%Best |
| Volatility (annualized) | 13.8%Best | 19.9% |
| Max Drawdown | -24.4%Best | -35.1% |
| $10,000 over 5 years | $13,675 | $21,924Best |
| Top 10 Weight | 70.9% | 47.2%Best |
| Fund Family | iShares by BlackRock (US) | Invesco (US) |
| Category | Equity | Equity |
| Style | Mid Cap Value | Large Cap Growth |
| Inception | Sep 1, 2020 | Mar 10, 1999 |
Volatility and max drawdown are measured over the window both funds cover: Sep 3, 2020 to Oct 2, 2026 (6.1 years).
KWT 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 6.1 years both funds cover.
KWT vs QQQ Performance
iShares MSCI Kuwait ETF (KWT) is an ETF from iShares by BlackRock (US) and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year KWT returned -4.16% while QQQ returned +24.33%. Year to date, KWT is down 5.07% versus a gain of 22.67% for QQQ.
Over three years, KWT compounded at +10.54% per year against +29.05% for QQQ; over five years the annualized figures are +6.46% and +17.00% respectively. Across the full 6-year window we track, QQQ has the edge at +17.73% annualized vs +11.06%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 19.9% compared with 13.8% for KWT. 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 -24.4% for KWT 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 0.39. They move together some of the time, and apart the rest.
Fees and Cost Over Time
KWT charges 0.75% per year while QQQ charges 0.18%. On a $10,000 position that is $75 vs $18 annually, a gap of $57 per year that compounds over a long holding period. On income, KWT currently yields 5.48% against 0.42% for QQQ.
Holdings Overlap
We hold position weights for 36 holdings in KWT and 102 in QQQ, totalling 99.0% 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 36 positions we hold weights for in KWT and 102 in QQQ, against full books of 52 and 321.
What only one of them owns
Our book lists 96 positions for QQQ that do not appear in our book for KWT (97.8% of the fund), and 2 for KWT that do not appear in QQQ (4.6%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
You are not choosing between two funds in isolation.
Whichever of KWT 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, KWT or QQQ?
KWT has an expense ratio of 0.75% while QQQ charges 0.18%. QQQ is the cheaper option, by $57 a year on a $10,000 investment.
Which performed better, KWT or QQQ?
Over the past year KWT returned -4.16% vs +24.33% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (6 years), KWT annualized +11.06% vs +17.73% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, KWT or QQQ?
QQQ has been the more volatile fund at 19.9% annualized versus 13.8% for KWT. Worst drawdown: KWT -24.4% vs QQQ -35.1%.
Should I hold both KWT and QQQ?
KWT and QQQ have a monthly-return correlation of 0.39, 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, KWT or QQQ?
KWT yields 5.48% while QQQ yields 0.42%, so KWT currently pays the higher dividend yield.
Is QQQ better than KWT?
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window. QQQ is less concentrated, with 47.2% of the fund in its ten largest positions against 70.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.