MADE vs QQQ
iShares US Manufacturing ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. MADE delivered stronger 1-year returns. MADE offers more diversification with 117 holdings.
Side-by-Side Comparison
| Metric | MADE | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.40% | 0.18% | |
| AUM | $64M | $496.3B | |
| Dividend Yield | 0.66% | 0.44% | |
| Holdings | 117 | 108 | |
| YTD Return | +13.80% | +17.89% | |
| 1Y Return | +27.16% | +26.35% | |
| 3Y Return (annualized) | - | +26.02% | |
| 5Y Return (annualized) | - | +14.59% | |
| Volatility (annualized) | 19.0% | 30.6% | |
| Max Drawdown | -23.8% | -83.0% | |
| Fund Family | iShares by BlackRock (US) | Invesco (US) | |
| Category | Equity | Equity | |
| Inception | Jul 17, 2024 | Mar 10, 1999 |
MADE vs QQQ Performance
iShares US Manufacturing ETF (MADE) is a ETF from iShares by BlackRock (US) and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year MADE returned +27.16% while QQQ returned +26.35%. Year to date, MADE is up 13.80% versus a gain of 17.89% for QQQ.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% compared with 19.0% for MADE. 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 -23.8% for MADE 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 0.68. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
MADE charges 0.40% per year while QQQ charges 0.18%. On a $10,000 position that is $40 vs $18 annually, a gap of $22 per year that compounds over a long holding period. On income, MADE currently yields 0.66% against 0.44% for QQQ.
Holdings Overlap
MADE and QQQ share 5 holdings out of 211 unique holdings combined, representing a 1.4% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, MADE or QQQ?
MADE has an expense ratio of 0.40% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $22 per year of difference.
Which performed better, MADE or QQQ?
Over the past year MADE returned +27.16% vs +26.35% for QQQ, so MADE leads on 1-year performance. Over the longest common window we track (2 years), MADE annualized +21.96% vs +13.07% for QQQ. Past performance does not guarantee future results.
Which is riskier, MADE or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 19.0% for MADE. Worst drawdown: MADE -23.8% vs QQQ -83.0%.
Should I hold both MADE and QQQ?
MADE and QQQ have a monthly-return correlation of 0.68, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between MADE and QQQ?
MADE and QQQ share 5 common holdings with a 1.4% weight overlap. Combined, they hold 211 unique securities.
Which pays a higher dividend, MADE or QQQ?
MADE yields 0.66% while QQQ yields 0.44%, so MADE currently pays the higher dividend yield.
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