MINV vs QQQ
Matthews Asia Innovators Active ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. MINV delivered stronger 1-year returns. QQQ offers more diversification with 108 holdings.
Side-by-Side Comparison
| Metric | MINV | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.79% | 0.18% | |
| AUM | $161M | $455.8B | |
| Dividend Yield | 0.97% | 0.41% | |
| Holdings | 62 | 108 | |
| YTD Return | +38.13% | +19.68% | |
| 1Y Return | +51.36% | +26.75% | |
| 3Y Return (annualized) | +30.23% | +26.25% | |
| 5Y Return (annualized) | - | +15.39% | |
| Volatility (annualized) | 27.6% | 30.6% | |
| Max Drawdown | -23.5% | -83.0% | |
| Fund Family | Matthews Asia Funds | Invesco (US) | |
| Category | Equity | Equity | |
| Inception | Jul 13, 2022 | Mar 10, 1999 |
MINV vs QQQ Performance
Matthews Asia Innovators Active ETF (MINV) is a ETF from Matthews Asia Funds and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year MINV returned +51.36% while QQQ returned +26.75%. Year to date, MINV is up 38.13% versus a gain of 19.68% for QQQ.
Over three years, MINV compounded at +30.23% per year against +26.25% for QQQ. Across the full 4-year window we track, MINV has the edge at +19.44% annualized vs +13.15%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% compared with 27.6% for MINV. 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 -23.5% for MINV 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 0.67. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
MINV charges 0.79% per year while QQQ charges 0.18%. On a $10,000 position that is $79 vs $18 annually, a gap of $61 per year that compounds over a long holding period. On income, MINV currently yields 0.97% against 0.41% for QQQ.
Holdings Overlap
MINV and QQQ share 0 holdings out of 169 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, MINV or QQQ?
MINV has an expense ratio of 0.79% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $61 per year of difference.
Which performed better, MINV or QQQ?
Over the past year MINV returned +51.36% vs +26.75% for QQQ, so MINV leads on 1-year performance. Over the longest common window we track (4 years), MINV annualized +19.44% vs +13.15% for QQQ. Past performance does not guarantee future results.
Which is riskier, MINV or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 27.6% for MINV. Worst drawdown: MINV -23.5% vs QQQ -83.0%.
Should I hold both MINV and QQQ?
MINV and QQQ have a monthly-return correlation of 0.67, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between MINV and QQQ?
MINV and QQQ share 0 common holdings with a 0.0% weight overlap. Combined, they hold 169 unique securities.
Which pays a higher dividend, MINV or QQQ?
MINV yields 0.97% while QQQ yields 0.41%, so MINV currently pays the higher dividend yield.
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