LIMI vs QQQ
Themes Lithium & Battery Metal Miners ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. LIMI delivered stronger 1-year returns. QQQ offers more diversification with 108 holdings.
Side-by-Side Comparison
| Metric | LIMI | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.35% | 0.18% | |
| AUM | $2M | $496.3B | |
| Dividend Yield | 0.46% | 0.44% | |
| Holdings | 54 | 108 | |
| YTD Return | -10.61% | +16.23% | |
| 1Y Return | +47.96% | +26.23% | |
| 3Y Return (annualized) | - | +25.75% | |
| 5Y Return (annualized) | - | +14.78% | |
| Volatility (annualized) | 39.5% | 30.6% | |
| Max Drawdown | -43.8% | -83.0% | |
| Fund Family | Themes ETFs | Invesco (US) | |
| Category | Commodity | Equity | |
| Inception | Sep 23, 2024 | Mar 10, 1999 |
LIMI vs QQQ Performance
Themes Lithium & Battery Metal Miners ETF (LIMI) is a ETF from Themes ETFs and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year LIMI returned +47.96% while QQQ returned +26.23%. Year to date, LIMI is down 10.61% versus a gain of 16.23% for QQQ.
Risk: Volatility and Drawdowns
LIMI has been the more volatile fund, with annualized monthly volatility of 39.5% compared with 30.6% for QQQ. 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 -43.8% for LIMI 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 0.43. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
LIMI charges 0.35% per year while QQQ charges 0.18%. On a $10,000 position that is $35 vs $18 annually, a gap of $17 per year that compounds over a long holding period. On income, LIMI currently yields 0.46% against 0.44% for QQQ.
Holdings Overlap
LIMI and QQQ share 0 holdings out of 149 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, LIMI or QQQ?
LIMI has an expense ratio of 0.35% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $17 per year of difference.
Which performed better, LIMI or QQQ?
Over the past year LIMI returned +47.96% vs +26.23% for QQQ, so LIMI leads on 1-year performance. Over the longest common window we track (2 years), LIMI annualized +34.91% vs +13.02% for QQQ. Past performance does not guarantee future results.
Which is riskier, LIMI or QQQ?
LIMI has been the more volatile fund at 39.5% annualized versus 30.6% for QQQ. Worst drawdown: LIMI -43.8% vs QQQ -83.0%.
Should I hold both LIMI and QQQ?
LIMI and QQQ have a monthly-return correlation of 0.43, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between LIMI and QQQ?
LIMI and QQQ share 0 common holdings with a 0.0% weight overlap. Combined, they hold 149 unique securities.
Which pays a higher dividend, LIMI or QQQ?
LIMI yields 0.46% while QQQ yields 0.44%, so LIMI currently pays the higher dividend yield.
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