NIXT vs QQQ
Research Affiliates Deletions ETF vs Invesco QQQ Trust, Series 1
Which is better, NIXT or QQQ?
Small Cap Value against Large Cap Growth.
QQQ has a lower expense ratio. NIXT led over 1Y, QQQ over the full window. NIXT is less concentrated, with 8.9% 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 | NIXT | QQQ |
|---|---|---|
| Expense Ratio | 0.19% | 0.18%Best |
| AUM | $43M | $486.1B |
| Dividend Yield | 0.94% | 0.44% |
| Holdings | 212 | 107 |
| YTD Return | +27.67%Best | +17.44% |
| 1Y Return | +30.22%Best | +24.69% |
| 3Y Return (annualized) | - | +24.76% |
| 5Y Return (annualized) | - | +14.22% |
| Volatility (annualized) | 16.1%Best | 18.6% |
| Max Drawdown | -27.5% | -22.8%Best |
| $10,000 over 2 years | $14,342 | $15,851Best |
| Top 10 Weight | 8.9%Best | 46.5% |
| Fund Family | RAFI Indices | Invesco (US) |
| Category | Equity | Equity |
| Style | Small Cap Value | Large Cap Growth |
| Inception | Sep 9, 2024 | Mar 10, 1999 |
Volatility and max drawdown, and the $10,000 over 2 years row, are measured over the window both funds cover: Sep 10, 2024 to Sep 8, 2026 (2 years).
NIXT 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 years both funds cover.
NIXT vs QQQ Performance
Research Affiliates Deletions ETF (NIXT) is an ETF from RAFI Indices and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year NIXT returned +30.22% while QQQ returned +24.69%. Year to date, NIXT is up 27.67% versus a gain of 17.44% for QQQ.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 18.6% compared with 16.1% for NIXT. 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 -27.5% for NIXT 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 0.63. They move together some of the time, and apart the rest.
Fees and Cost Over Time
NIXT charges 0.19% per year while QQQ charges 0.18%. On a $10,000 position that is $19 vs $18 annually, a gap of $1 per year that compounds over a long holding period. On income, NIXT currently yields 0.94% against 0.44% for QQQ.
Holdings Overlap
We hold position weights for 209 holdings in NIXT and 102 in QQQ, totalling 99.9% 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 209 positions we hold weights for in NIXT and 102 in QQQ, against full books of 212 and 107.
What only one of them owns
Our book lists 94 positions for QQQ that do not appear in our book for NIXT (96.8% of the fund), and 206 for NIXT that do not appear in QQQ (99.5%).
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 NIXT 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, NIXT or QQQ?
NIXT has an expense ratio of 0.19% while QQQ charges 0.18%. QQQ is the cheaper option, by $1 a year on a $10,000 investment.
Which performed better, NIXT or QQQ?
Over the past year NIXT returned +30.22% vs +24.69% for QQQ, so NIXT leads on 1-year performance. Over the longest common window we track (2 years), NIXT annualized +19.76% vs +25.90% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, NIXT or QQQ?
QQQ has been the more volatile fund at 18.6% annualized versus 16.1% for NIXT. Worst drawdown: NIXT -27.5% vs QQQ -22.8%.
Should I hold both NIXT and QQQ?
NIXT and QQQ have a monthly-return correlation of 0.63, 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, NIXT or QQQ?
NIXT yields 0.94% while QQQ yields 0.44%, so NIXT currently pays the higher dividend yield.
Is QQQ better than NIXT?
QQQ has a lower expense ratio. NIXT led over 1Y, QQQ over the full window. NIXT is less concentrated, with 8.9% 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.