OEF vs QQQ
iShares S&P 100 ETF vs Invesco QQQ Trust, Series 1
Which is better, OEF or QQQ?
Large Cap Blend against Large Cap Growth.
QQQ has a lower expense ratio. OEF led over 5Y, QQQ over 1Y, 3Y and the full window. QQQ is less concentrated, with 46.5% of the fund in its ten largest positions against 52.1%.
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 | OEF | QQQ |
|---|---|---|
| Expense Ratio | 0.20% | 0.18%Best |
| AUM | $20.3B | $483.5B |
| Dividend Yield | 0.85% | 0.44% |
| Holdings | 106 | 107 |
| YTD Return | +10.25% | +15.21%Best |
| 1Y Return | +14.79% | +19.78%Best |
| 3Y Return (annualized) | +22.80% | +24.58%Best |
| 5Y Return (annualized) | +14.10%Best | +13.93% |
| Volatility (annualized) | 15.3%Best | 22.1% |
| Max Drawdown | -57.3%Best | -75.8% |
| $10,000 over 5 years | $19,339Best | $19,195 |
| Top 10 Weight | 52.1% | 46.5%Best |
| Fund Family | iShares by BlackRock (US) | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Growth |
| Inception | Oct 23, 2000 | Mar 10, 1999 |
Volatility and max drawdown are measured over the window both funds cover: Oct 27, 2000 to Sep 16, 2026 (25.9 years).
OEF 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 25.9 years both funds cover.
OEF vs QQQ Performance
iShares S&P 100 ETF (OEF) is an ETF from iShares by BlackRock (US) and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year OEF returned +14.79% while QQQ returned +19.78%. Year to date, OEF is up 10.25% versus a gain of 15.21% for QQQ.
Over three years, OEF compounded at +22.80% per year against +24.58% for QQQ; over five years the annualized figures are +14.10% and +13.93% respectively. Across the full 26-year window we track, QQQ has the edge at +8.92% annualized vs +6.83%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 22.1% compared with 15.3% for OEF. 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 -57.3% for OEF and -75.8% 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 0.89. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
OEF charges 0.20% per year while QQQ charges 0.18%. On a $10,000 position that is $20 vs $18 annually, a gap of $2 per year that compounds over a long holding period. On income, OEF currently yields 0.85% against 0.44% for QQQ.
Holdings Overlap
65.0% of OEF's money is in holdings QQQ also owns. 74.0% of QQQ's money is in holdings OEF also owns.
Most of QQQ is already inside OEF. Owning both mostly buys the same companies twice.
34 positions in common, counted across the 102 positions we hold weights for in OEF and 102 in QQQ, against full books of 106 and 107.
What only one of them owns
Measured across the 102 and 102 positions we hold weights for.
QQQ holds 62 positions OEF does not, 23.6% of the fund.
Largest: PANW 1.30%, KLAC 1.11%, CRWD 0.94%, SPCX 0.91%, SNDK 0.88%
Top Shared Holdings
| Stock | Weight in OEF | Weight in QQQ | Difference |
|---|---|---|---|
| NVDANvidia Corp | 11.13% | 8.44% | 2.69% |
| AAPLApple, Inc | 9.69% | 7.27% | 2.42% |
| MSFTMicrosoft Corp | 7.85% | 5.76% | 2.09% |
| AMZNAmazon.Com Inc | 5.29% | 4.67% | 0.62% |
| GOOGLAlphabet Inc,class A | 4.14% | 3.36% | 0.78% |
| AVGOBroadcom Inc | 3.65% | 3.16% | 0.49% |
| MUMicron Technology, Inc. | 2.25% | 4.43% | 2.18% |
| GOOGAlphabet Inc | 3.30% | 3.13% | 0.17% |
| METAMeta Platforms Inc | 2.62% | 2.78% | 0.16% |
| AMDAdvanced Micro Devices Inc | 1.60% | 3.45% | 1.85% |
74.0% of QQQ is already inside OEF.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, OEF or QQQ?
OEF has an expense ratio of 0.20% while QQQ charges 0.18%. QQQ is the cheaper option, by $2 a year on a $10,000 investment.
Which performed better, OEF or QQQ?
Over the past year OEF returned +14.79% vs +19.78% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (26 years), OEF annualized +6.83% vs +8.92% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, OEF or QQQ?
QQQ has been the more volatile fund at 22.1% annualized versus 15.3% for OEF. Worst drawdown: OEF -57.3% vs QQQ -75.8%.
Should I hold both OEF and QQQ?
OEF and QQQ have a monthly-return correlation of 0.89, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between OEF and QQQ?
74.0% of QQQ's money is in holdings OEF also owns. 74.0% of QQQ's is in holdings OEF also owns. They hold 34 positions in common, counted across the 102 positions we hold weights for in OEF and 102 in QQQ.
Which pays a higher dividend, OEF or QQQ?
OEF yields 0.85% while QQQ yields 0.44%, so OEF currently pays the higher dividend yield.
Is QQQ better than OEF?
QQQ has a lower expense ratio. OEF led over 5Y, QQQ over 1Y, 3Y and the full window. QQQ is less concentrated, with 46.5% of the fund in its ten largest positions against 52.1%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.