OAIM vs QQQ
OneAscent International Equity ETF vs Invesco QQQ Trust, Series 1
Which is better, OAIM or QQQ?
Large Cap Blend against Large Cap Growth.
QQQ has a lower expense ratio. OAIM led over 1Y, 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 | OAIM | QQQ |
|---|---|---|
| Expense Ratio | 0.89% | 0.18%Best |
| AUM | $388M | $486.1B |
| Dividend Yield | 0.87% | 0.44% |
| Holdings | 59 | 107 |
| YTD Return | +17.64%Best | +17.54% |
| 1Y Return | +27.99%Best | +25.59% |
| 3Y Return (annualized) | +19.84% | +24.63%Best |
| 5Y Return (annualized) | - | +14.18% |
| Volatility (annualized) | 13.6%Best | 18.0% |
| Max Drawdown | -14.7%Best | -22.8% |
| $10,000 over 4 years | $21,196 | $25,664Best |
| Fund Family | OneAscent Investments | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Growth |
| Inception | Sep 14, 2022 | Mar 10, 1999 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 4 years row, are measured over the window both funds cover: Sep 16, 2022 to Sep 4, 2026 (4 years).
OAIM 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 4 years both funds cover.
OAIM vs QQQ Performance
OneAscent International Equity ETF (OAIM) is an ETF from OneAscent Investments and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year OAIM returned +27.99% while QQQ returned +25.59%. Year to date, OAIM is up 17.64% versus a gain of 17.54% for QQQ.
Over three years, OAIM compounded at +19.84% per year against +24.63% for QQQ. Across the full 4-year window we track, QQQ has the edge at +26.57% annualized vs +20.66%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 18.0% compared with 13.6% for OAIM. 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 -14.7% for OAIM 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 0.62. They move together some of the time, and apart the rest.
Fees and Cost Over Time
OAIM charges 0.89% per year while QQQ charges 0.18%. On a $10,000 position that is $89 vs $18 annually, a gap of $71 per year that compounds over a long holding period. On income, OAIM currently yields 0.87% against 0.44% for QQQ.
Holdings Overlap
At least 0.7% of QQQ's money is in holdings OAIM also owns.
Stated as a floor: for OAIM, our book for it covers 92.1% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
We cannot see either book well enough to say how much of this pair is duplicated.
1 positions in common, counted across the 46 positions we hold weights for in OAIM and 102 in QQQ, against full books of 59 and 107.
Top Shared Holdings
| Stock | Weight in OAIM | Weight in QQQ | Difference |
|---|---|---|---|
| ASL:ASAsml Holding Nv Unsponsored Adr Ordinary Shares | 4.56% | 0.68% | 3.88% |
You are not choosing between two funds in isolation.
Whichever of OAIM 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, OAIM or QQQ?
OAIM has an expense ratio of 0.89% while QQQ charges 0.18%. QQQ is the cheaper option, by $71 a year on a $10,000 investment.
Which performed better, OAIM or QQQ?
Over the past year OAIM returned +27.99% vs +25.59% for QQQ, so OAIM leads on 1-year performance. Over the longest common window we track (4 years), OAIM annualized +20.66% vs +26.57% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, OAIM or QQQ?
QQQ has been the more volatile fund at 18.0% annualized versus 13.6% for OAIM. Worst drawdown: OAIM -14.7% vs QQQ -22.8%.
Should I hold both OAIM and QQQ?
OAIM and QQQ have a monthly-return correlation of 0.62, 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, OAIM or QQQ?
OAIM yields 0.87% while QQQ yields 0.44%, so OAIM currently pays the higher dividend yield.
Is QQQ better than OAIM?
QQQ has a lower expense ratio. OAIM led over 1Y, 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.