LEXI vs QQQ
Alexis Practical Tactical ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. QQQ delivered stronger 1-year returns. QQQ offers more diversification with 108 holdings.
Side-by-Side Comparison
| Metric | LEXI | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 1.00% | 0.18% | |
| AUM | $192M | $496.3B | |
| Dividend Yield | 0.84% | 0.44% | |
| Holdings | 44 | 108 | |
| YTD Return | +13.78% | +16.23% | |
| 1Y Return | +24.08% | +26.23% | |
| 3Y Return (annualized) | +19.95% | +25.75% | |
| 5Y Return (annualized) | +11.10% | +14.78% | |
| Volatility (annualized) | 14.1% | 30.6% | |
| Max Drawdown | -22.0% | -83.0% | |
| Fund Family | Alexis Investment Partners, LLC | Invesco (US) | |
| Category | Allocation/Balanced | Equity | |
| Inception | Jun 30, 2021 | Mar 10, 1999 |
LEXI vs QQQ Performance
Alexis Practical Tactical ETF (LEXI) is a ETF from Alexis Investment Partners, LLC and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year LEXI returned +24.08% while QQQ returned +26.23%. Year to date, LEXI is up 13.78% versus a gain of 16.23% for QQQ.
Over three years, LEXI compounded at +19.95% per year against +25.75% for QQQ; over five years the annualized figures are +11.10% and +14.78% respectively. Across the full 5-year window we track, QQQ has the edge at +13.02% annualized vs +11.11%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% compared with 14.1% for LEXI. 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 -22.0% for LEXI and -83.0% for QQQ. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.86. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
LEXI charges 1.00% per year while QQQ charges 0.18%. On a $10,000 position that is $100 vs $18 annually, a gap of $82 per year that compounds over a long holding period. On income, LEXI currently yields 0.84% against 0.44% for QQQ.
Holdings Overlap
LEXI and QQQ share 9 holdings out of 132 unique holdings combined, representing a 7.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, LEXI or QQQ?
LEXI has an expense ratio of 1.00% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $82 per year of difference.
Which performed better, LEXI or QQQ?
Over the past year LEXI returned +24.08% vs +26.23% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (5 years), LEXI annualized +11.11% vs +13.02% for QQQ. Past performance does not guarantee future results.
Which is riskier, LEXI or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 14.1% for LEXI. Worst drawdown: LEXI -22.0% vs QQQ -83.0%.
Should I hold both LEXI and QQQ?
LEXI and QQQ have a monthly-return correlation of 0.86, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between LEXI and QQQ?
LEXI and QQQ share 9 common holdings with a 7.0% weight overlap. Combined, they hold 132 unique securities.
Which pays a higher dividend, LEXI or QQQ?
LEXI yields 0.84% while QQQ yields 0.44%, so LEXI currently pays the higher dividend yield.
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