OCTT vs QQQ
AllianzIM US Equity Buffer10 Oct ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. QQQ delivered stronger 1-year returns. QQQ offers more diversification with 108 holdings.
Side-by-Side Comparison
| Metric | OCTT | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.74% | 0.18% | |
| AUM | $56M | $496.3B | |
| Dividend Yield | 0.00% | 0.44% | |
| Holdings | 5 | 108 | |
| YTD Return | +10.17% | +17.13% | |
| 1Y Return | +14.90% | +24.75% | |
| 3Y Return (annualized) | +13.49% | +24.85% | |
| 5Y Return (annualized) | +10.76% | +14.21% | |
| Volatility (annualized) | 9.4% | 30.6% | |
| Max Drawdown | -13.5% | -83.0% | |
| Fund Family | AllianzIM | Invesco (US) | |
| Category | Alternative | Equity | |
| Inception | Sep 30, 2020 | Mar 10, 1999 |
OCTT vs QQQ Performance
AllianzIM US Equity Buffer10 Oct ETF (OCTT) is a ETF from AllianzIM and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year OCTT returned +14.90% while QQQ returned +24.75%. Year to date, OCTT is up 10.17% versus a gain of 17.13% for QQQ.
Over three years, OCTT compounded at +13.49% per year against +24.85% for QQQ; over five years the annualized figures are +10.76% and +14.21% respectively. Across the full 6-year window we track, QQQ has the edge at +13.04% annualized vs +11.66%. 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 9.4% for OCTT. 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 -13.5% for OCTT 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 0.88. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
OCTT 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, OCTT currently yields 0.00% against 0.44% for QQQ.
Frequently Asked Questions
Which is cheaper, OCTT or QQQ?
OCTT 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, OCTT or QQQ?
Over the past year OCTT returned +14.90% vs +24.75% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (6 years), OCTT annualized +11.66% vs +13.04% for QQQ. Past performance does not guarantee future results.
Which is riskier, OCTT or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 9.4% for OCTT. Worst drawdown: OCTT -13.5% vs QQQ -83.0%.
Should I hold both OCTT and QQQ?
OCTT and QQQ have a monthly-return correlation of 0.88, so combining them can provide real diversification depending on your allocation goals.
Which pays a higher dividend, OCTT or QQQ?
OCTT yields 0.00% while QQQ yields 0.44%, so QQQ currently pays the higher dividend yield.
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