OAEM vs QQQ
OneAscent Emerging Markets ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. OAEM delivered stronger 1-year returns. QQQ offers more diversification with 108 holdings.
Side-by-Side Comparison
| Metric | OAEM | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 1.25% | 0.18% | |
| AUM | $130M | $496.3B | |
| Dividend Yield | 0.60% | 0.44% | |
| Holdings | 49 | 108 | |
| YTD Return | +29.26% | +16.23% | |
| 1Y Return | +49.52% | +26.23% | |
| 3Y Return (annualized) | +22.12% | +25.75% | |
| 5Y Return (annualized) | - | +14.78% | |
| Volatility (annualized) | 18.9% | 30.6% | |
| Max Drawdown | -17.1% | -83.0% | |
| Fund Family | OneAscent Investments | Invesco (US) | |
| Category | Equity | Equity | |
| Inception | Sep 14, 2022 | Mar 10, 1999 |
OAEM vs QQQ Performance
OneAscent Emerging Markets ETF (OAEM) is a ETF from OneAscent Investments and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year OAEM returned +49.52% while QQQ returned +26.23%. Year to date, OAEM is up 29.26% versus a gain of 16.23% for QQQ.
Over three years, OAEM compounded at +22.12% per year against +25.75% for QQQ. Across the full 4-year window we track, OAEM has the edge at +19.80% annualized vs +13.02%. 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 18.9% for OAEM. 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 -17.1% for OAEM 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
OAEM charges 1.25% per year while QQQ charges 0.18%. On a $10,000 position that is $125 vs $18 annually, a gap of $107 per year that compounds over a long holding period. On income, OAEM currently yields 0.60% against 0.44% for QQQ.
Holdings Overlap
OAEM and QQQ share 0 holdings out of 147 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, OAEM or QQQ?
OAEM has an expense ratio of 1.25% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $107 per year of difference.
Which performed better, OAEM or QQQ?
Over the past year OAEM returned +49.52% vs +26.23% for QQQ, so OAEM leads on 1-year performance. Over the longest common window we track (4 years), OAEM annualized +19.80% vs +13.02% for QQQ. Past performance does not guarantee future results.
Which is riskier, OAEM or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 18.9% for OAEM. Worst drawdown: OAEM -17.1% vs QQQ -83.0%.
Should I hold both OAEM and QQQ?
OAEM 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 OAEM and QQQ?
OAEM and QQQ share 0 common holdings with a 0.0% weight overlap. Combined, they hold 147 unique securities.
Which pays a higher dividend, OAEM or QQQ?
OAEM yields 0.60% while QQQ yields 0.44%, so OAEM currently pays the higher dividend yield.
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