LIAM vs QQQ
LifeX 2055 Inflation-Protected Longevity Income ETF vs Invesco QQQ Trust, Series 1
Which is better, LIAM or QQQ?
Inflation Protection against Large Cap Growth.
QQQ has a lower expense ratio. QQQ led over 1Y and the full window.
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 | LIAM | QQQ |
|---|---|---|
| Expense Ratio | 0.25% | 0.18%Best |
| AUM | $5M | $483.5B |
| Dividend Yield | 6.52% | 0.44% |
| Holdings | 34 | 107 |
| YTD Return | -6.39% | +17.95%Best |
| 1Y Return | -6.44% | +21.77%Best |
| 3Y Return (annualized) | - | +25.63% |
| 5Y Return (annualized) | - | +15.24% |
| Volatility (annualized) | 6.7%Best | 18.5% |
| Max Drawdown | -9.2%Best | -22.8% |
| $10,000 over 2 years | $9,254 | $15,391Best |
| Fund Family | Stone Ridge Asset Management | Invesco (US) |
| Category | Fixed Income | Equity |
| Style | Inflation Protection | Large Cap Growth |
| Inception | Jan 17, 2024 | Mar 10, 1999 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2 years row, are measured over the window both funds cover: Sep 16, 2024 to Sep 18, 2026 (2 years).
LIAM 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 2 years both funds cover.
LIAM vs QQQ Performance
LifeX 2055 Inflation-Protected Longevity Income ETF (LIAM) is an ETF from Stone Ridge Asset Management and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year LIAM returned -6.44% while QQQ returned +21.77%. Year to date, LIAM is down 6.39% versus a gain of 17.95% for QQQ.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 18.5% compared with 6.7% for LIAM. 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 -9.2% for LIAM and -22.8% 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 0.26. They move largely independently of each other.
Fees and Cost Over Time
LIAM charges 0.25% per year while QQQ charges 0.18%. On a $10,000 position that is $25 vs $18 annually, a gap of $7 per year that compounds over a long holding period. On income, LIAM currently yields 6.52% against 0.44% for QQQ.
Holdings Overlap
We hold position weights for 21 holdings in LIAM and 102 in QQQ, totalling 94.3% 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 21 positions we hold weights for in LIAM and 102 in QQQ, against full books of 34 and 107.
You are not choosing between two funds in isolation.
Whichever of LIAM 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, LIAM or QQQ?
LIAM has an expense ratio of 0.25% while QQQ charges 0.18%. QQQ is the cheaper option, by $7 a year on a $10,000 investment.
Which performed better, LIAM or QQQ?
Over the past year LIAM returned -6.44% vs +21.77% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (2 years), LIAM annualized -3.80% vs +24.06% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, LIAM or QQQ?
QQQ has been the more volatile fund at 18.5% annualized versus 6.7% for LIAM. Worst drawdown: LIAM -9.2% vs QQQ -22.8%.
Should I hold both LIAM and QQQ?
LIAM and QQQ have a monthly-return correlation of 0.26, 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, LIAM or QQQ?
LIAM yields 6.52% while QQQ yields 0.44%, so LIAM currently pays the higher dividend yield.
Is QQQ better than LIAM?
QQQ has a lower expense ratio. QQQ led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.