MLPA vs QQQ
Global X MLP ETF vs Invesco QQQ Trust, Series 1
Which is better, MLPA or QQQ?
Large Cap Blend against Large Cap Growth.
QQQ has a lower expense ratio. MLPA led over 1Y and 5Y, QQQ over 3Y and the full window.
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 | MLPA | QQQ |
|---|---|---|
| Expense Ratio | 0.77% | 0.18%Best |
| AUM | $2.4B | $483.5B |
| Dividend Yield | 7.04% | 0.44% |
| Holdings | 22 | 107 |
| YTD Return | +23.13%Best | +15.94% |
| 1Y Return | +24.93%Best | +20.44% |
| 3Y Return (annualized) | +17.26% | +24.86%Best |
| 5Y Return (annualized) | +19.27%Best | +14.26% |
| Volatility (annualized) | 26.3% | 17.5%Best |
| Max Drawdown | -86.2% | -35.1%Best |
| $10,000 over 5 years | $24,135Best | $19,475 |
| Fund Family | Global X by mirae Asset | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Growth |
| Inception | Apr 18, 2012 | Mar 10, 1999 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Apr 19, 2012 to Sep 14, 2026 (14.4 years).
MLPA 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
MLPA vs QQQ Performance
Global X MLP ETF (MLPA) is an ETF from Global X by mirae Asset and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year MLPA returned +24.93% while QQQ returned +20.44%. Year to date, MLPA is up 23.13% versus a gain of 15.94% for QQQ.
Over three years, MLPA compounded at +17.26% per year against +24.86% for QQQ; over five years the annualized figures are +19.27% and +14.26% respectively. Across the full 14-year window we track, QQQ has the edge at +18.20% annualized vs -0.31%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
MLPA has been the more volatile fund, with annualized monthly volatility of 26.3% compared with 17.5% 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 -86.2% for MLPA 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 0.41. They move together some of the time, and apart the rest.
Fees and Cost Over Time
MLPA charges 0.77% per year while QQQ charges 0.18%. On a $10,000 position that is $77 vs $18 annually, a gap of $59 per year that compounds over a long holding period. On income, MLPA currently yields 7.04% against 0.44% for QQQ.
Holdings Overlap
We hold position weights for 20 holdings in MLPA and 102 in QQQ, totalling 110.5% and 99.9% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 20 positions we hold weights for in MLPA and 102 in QQQ, against full books of 22 and 107.
You are not choosing between two funds in isolation.
Whichever of MLPA 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, MLPA or QQQ?
MLPA has an expense ratio of 0.77% while QQQ charges 0.18%. QQQ is the cheaper option, by $59 a year on a $10,000 investment.
Which performed better, MLPA or QQQ?
Over the past year MLPA returned +24.93% vs +20.44% for QQQ, so MLPA leads on 1-year performance. Over the longest common window we track (14 years), MLPA annualized -0.31% vs +18.20% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, MLPA or QQQ?
MLPA has been the more volatile fund at 26.3% annualized versus 17.5% for QQQ. Worst drawdown: MLPA -86.2% vs QQQ -35.1%.
Should I hold both MLPA and QQQ?
MLPA and QQQ have a monthly-return correlation of 0.41, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, MLPA or QQQ?
MLPA yields 7.04% while QQQ yields 0.44%, so MLPA currently pays the higher dividend yield.
Is QQQ better than MLPA?
QQQ has a lower expense ratio. MLPA led over 1Y and 5Y, QQQ over 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.