MADE vs QQQ
iShares US Manufacturing ETF vs Invesco QQQ Trust, Series 1
Which is better, MADE or QQQ?
All Cap Blend against Large Cap Growth.
QQQ has a lower expense ratio. MADE led over 1Y, QQQ over the full window. MADE is less concentrated, with 38.8% of the fund in its ten largest positions against 46.5%.
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 | MADE | QQQ |
|---|---|---|
| Expense Ratio | 0.40% | 0.18%Best |
| AUM | $59M | $483.5B |
| Dividend Yield | 0.67% | 0.44% |
| Holdings | 117 | 107 |
| YTD Return | +8.63% | +15.21%Best |
| 1Y Return | +20.88%Best | +19.78% |
| 3Y Return (annualized) | - | +24.58% |
| 5Y Return (annualized) | - | +13.93% |
| Volatility (annualized) | 19.0% | 17.9%Best |
| Max Drawdown | -23.8% | -22.8%Best |
| $10,000 over 2.2 years | $14,600 | $14,951Best |
| Top 10 Weight | 38.8%Best | 46.5% |
| Fund Family | iShares by BlackRock (US) | Invesco (US) |
| Category | Equity | Equity |
| Style | All Cap Blend | Large Cap Growth |
| Inception | Jul 17, 2024 | Mar 10, 1999 |
Volatility and max drawdown, and the $10,000 over 2.2 years row, are measured over the window both funds cover: Jul 18, 2024 to Sep 16, 2026 (2.2 years).
MADE 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 2.2 years both funds cover.
MADE vs QQQ Performance
iShares US Manufacturing ETF (MADE) 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 MADE returned +20.88% while QQQ returned +19.78%. Year to date, MADE is up 8.63% versus a gain of 15.21% for QQQ.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
MADE has been the more volatile fund, with annualized monthly volatility of 19.0% compared with 17.9% 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 -23.8% for MADE 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 0.68. They move together some of the time, and apart the rest.
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 0.67% against 0.44% for QQQ.
Holdings Overlap
7.9% of MADE's money is in holdings QQQ also owns. 1.4% of QQQ's money is in holdings MADE also owns.
MADE and QQQ share little of their money.
5 positions in common, counted across the 114 positions we hold weights for in MADE and 102 in QQQ, against full books of 117 and 107.
What only one of them owns
Our book lists 91 positions for QQQ that do not appear in our book for MADE (96.2% of the fund), and 108 for MADE that do not appear in QQQ (91.2%).
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 MADE 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, MADE or QQQ?
MADE has an expense ratio of 0.40% while QQQ charges 0.18%. QQQ is the cheaper option, by $22 a year on a $10,000 investment.
Which performed better, MADE or QQQ?
Over the past year MADE returned +20.88% vs +19.78% for QQQ, so MADE leads on 1-year performance. Over the longest common window we track (2 years), MADE annualized +18.77% vs +20.06% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, MADE or QQQ?
MADE has been the more volatile fund at 19.0% annualized versus 17.9% for QQQ. Worst drawdown: MADE -23.8% vs QQQ -22.8%.
Should I hold both MADE and QQQ?
MADE and QQQ have a monthly-return correlation of 0.68, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between MADE and QQQ?
7.9% of MADE's money is in holdings QQQ also owns. 1.4% of QQQ's is in holdings MADE also owns. They hold 5 positions in common, counted across the 114 positions we hold weights for in MADE and 102 in QQQ.
Which pays a higher dividend, MADE or QQQ?
MADE yields 0.67% while QQQ yields 0.44%, so MADE currently pays the higher dividend yield.
Is QQQ better than MADE?
QQQ has a lower expense ratio. MADE led over 1Y, QQQ over the full window. MADE is less concentrated, with 38.8% of the fund in its ten largest positions against 46.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.