METV vs QQQ
Roundhill Ball Metaverse ETF vs Invesco QQQ Trust, Series 1
Which is better, METV or QQQ?
Each has led over a different period.
QQQ has a lower expense ratio. METV led over 3Y, QQQ over 1Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.90. QQQ is less concentrated, with 46.5% of the fund in its ten largest positions against 53.8%.
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 | METV | QQQ |
|---|---|---|
| Expense Ratio | 0.59% | 0.18%Best |
| AUM | $220M | $483.5B |
| Dividend Yield | 0.18% | 0.44% |
| Holdings | 43 | 107 |
| YTD Return | +4.97% | +15.86%Best |
| 1Y Return | +1.72% | +22.63%Best |
| 3Y Return (annualized) | +27.10%Best | +24.15% |
| 5Y Return (annualized) | +6.02% | +14.16%Best |
| Volatility (annualized) | 27.0% | 20.6%Best |
| Max Drawdown | -59.6% | -35.1%Best |
| $10,000 over 5 years | $13,395 | $19,390Best |
| Top 10 Weight | 53.8% | 46.5%Best |
| Fund Family | Roundhill Investments | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | Jun 30, 2021 | Mar 10, 1999 |
Volatility and max drawdown are measured over the window both funds cover: Jun 30, 2021 to Sep 10, 2026 (5.2 years).
METV 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 5.2 years both funds cover.
METV vs QQQ Performance
Roundhill Ball Metaverse ETF (METV) is an ETF from Roundhill Investments and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year METV returned +1.72% while QQQ returned +22.63%. Year to date, METV is up 4.97% versus a gain of 15.86% for QQQ.
Over three years, METV compounded at +27.10% per year against +24.15% for QQQ; over five years the annualized figures are +6.02% and +14.16% respectively.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
METV has been the more volatile fund, with annualized monthly volatility of 27.0% compared with 20.6% 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 -59.6% for METV and -35.1% 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 0.90. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
METV charges 0.59% per year while QQQ charges 0.18%. On a $10,000 position that is $59 vs $18 annually, a gap of $41 per year that compounds over a long holding period. On income, METV currently yields 0.18% against 0.44% for QQQ.
Holdings Overlap
40.3% of METV's money is in holdings QQQ also owns. 40.8% of QQQ's money is in holdings METV also owns.
The two portfolios partly overlap.
14 positions in common, counted across the 39 positions we hold weights for in METV and 102 in QQQ, against full books of 43 and 107.
What only one of them owns
Our book lists 83 positions for QQQ that do not appear in our book for METV (57.5% of the fund), and 12 for METV that do not appear in QQQ (22.9%).
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.
Top Shared Holdings
| Stock | Weight in METV | Weight in QQQ | Difference |
|---|---|---|---|
| AAPLApple, Inc | 6.90% | 7.27% | 0.37% |
| NVDANvidia Corp. | 4.72% | 8.44% | 3.72% |
| MSFTMicrosoft Corp 4.100 Feb 06 37 | 4.67% | 5.76% | 1.09% |
| AMZNAmazon.Com Inc | 2.76% | 4.67% | 1.91% |
| GOOGLAlphabet A Usd 0.001 | 3.89% | 3.36% | 0.53% |
| METAMeta Platforms, Inc. | 3.76% | 2.78% | 0.98% |
| AMDAdvanced Micro Devices Inc. | 1.54% | 3.45% | 1.91% |
| INTCIntel Corp. | 1.38% | 2.23% | 0.85% |
| TTWOTake-Two Interactive Software, Inc. | 3.09% | 0.19% | 2.90% |
| QCOMQualcomm Inc. | 2.11% | 0.73% | 1.38% |
40.8% of QQQ is already inside METV.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, METV or QQQ?
METV has an expense ratio of 0.59% while QQQ charges 0.18%. QQQ is the cheaper option, by $41 a year on a $10,000 investment.
Which performed better, METV or QQQ?
Over the past year METV returned +1.72% vs +22.63% for QQQ, so QQQ leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, METV or QQQ?
METV has been the more volatile fund at 27.0% annualized versus 20.6% for QQQ. Worst drawdown: METV -59.6% vs QQQ -35.1%.
Should I hold both METV and QQQ?
METV and QQQ have a monthly-return correlation of 0.90, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between METV and QQQ?
40.8% of QQQ's money is in holdings METV also owns. 40.8% of QQQ's is in holdings METV also owns. They hold 14 positions in common, counted across the 39 positions we hold weights for in METV and 102 in QQQ.
Which pays a higher dividend, METV or QQQ?
METV yields 0.18% while QQQ yields 0.44%, so QQQ currently pays the higher dividend yield.
Is QQQ better than METV?
QQQ has a lower expense ratio. METV led over 3Y, QQQ over 1Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.90. QQQ is less concentrated, with 46.5% of the fund in its ten largest positions against 53.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.