NVBU vs QQQ

Quick Verdict

QQQ has a lower expense ratio. QQQ delivered stronger 1-year returns. QQQ offers more diversification with 108 holdings.

Lower Fees: QQQHigher Returns: QQQMore Diversified: QQQ

Side-by-Side Comparison

MetricNVBUQQQWinner
Expense Ratio0.74%0.18%
AUM$34M$496.3B
Dividend Yield0.00%0.44%
Holdings4108
YTD Return+9.92%+19.68%
1Y Return+15.87%+26.75%
3Y Return (annualized)-+26.25%
5Y Return (annualized)-+15.39%
Volatility (annualized)9.1%30.6%
Max Drawdown-12.0%-83.0%
Fund FamilyAllianzIMInvesco (US)
CategoryAlternativeEquity
InceptionOct 31, 2024Mar 10, 1999

NVBU vs QQQ Performance

AllianzIM US Equity Buffer15 Uncapped Nov ETF (NVBU) is a ETF from AllianzIM and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year NVBU returned +15.87% while QQQ returned +26.75%. Year to date, NVBU is up 9.92% versus a gain of 19.68% for QQQ.

Risk: Volatility and Drawdowns

QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% compared with 9.1% for NVBU. 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 -12.0% for NVBU 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 0.92. They move almost in lockstep, so holding both mostly duplicates the same exposure.

Fees and Cost Over Time

NVBU charges 0.74% per year while QQQ charges 0.18%. On a $10,000 position that is $74 vs $18 annually, a gap of $56 per year that compounds over a long holding period. On income, NVBU currently yields 0.00% against 0.44% for QQQ.

Frequently Asked Questions

Which is cheaper, NVBU or QQQ?

NVBU has an expense ratio of 0.74% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $56 per year of difference.

Which performed better, NVBU or QQQ?

Over the past year NVBU returned +15.87% vs +26.75% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (2 years), NVBU annualized +14.20% vs +13.15% for QQQ. Past performance does not guarantee future results.

Which is riskier, NVBU or QQQ?

QQQ has been the more volatile fund at 30.6% annualized versus 9.1% for NVBU. Worst drawdown: NVBU -12.0% vs QQQ -83.0%.

Should I hold both NVBU and QQQ?

NVBU and QQQ have a monthly-return correlation of 0.92, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.

Which pays a higher dividend, NVBU or QQQ?

NVBU yields 0.00% while QQQ yields 0.44%, so QQQ currently pays the higher dividend yield.

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