OGIG vs QQQ
ALPS O'Shares Global Internet Giants ETF vs Invesco QQQ Trust, Series 1
Which is better, OGIG or QQQ?
QQQ has been ahead.
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window. OGIG is less concentrated, with 41.6% of the fund in its ten largest positions against 46.5%.
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 | OGIG | QQQ |
|---|---|---|
| Expense Ratio | 0.48% | 0.18%Best |
| AUM | $105M | $483.5B |
| Dividend Yield | 0.08% | 0.44% |
| Holdings | 55 | 107 |
| YTD Return | -6.33% | +16.87%Best |
| 1Y Return | -14.56% | +22.98%Best |
| 3Y Return (annualized) | +14.14% | +24.98%Best |
| 5Y Return (annualized) | -2.75% | +14.39%Best |
| Volatility (annualized) | 25.8% | 20.4%Best |
| Max Drawdown | -66.0% | -35.1%Best |
| $10,000 over 5 years | $8,699 | $19,586Best |
| Top 10 Weight | 41.6%Best | 46.5% |
| Fund Family | ALPS Advisors | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | Jun 5, 2018 | Mar 10, 1999 |
Volatility and max drawdown are measured over the window both funds cover: Jun 5, 2018 to Sep 11, 2026 (8.3 years).
OGIG 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 8.3 years both funds cover.
OGIG vs QQQ Performance
ALPS O'Shares Global Internet Giants ETF (OGIG) is an ETF from ALPS Advisors and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year OGIG returned -14.56% while QQQ returned +22.98%. Year to date, OGIG is down 6.33% versus a gain of 16.87% for QQQ.
Over three years, OGIG compounded at +14.14% per year against +24.98% for QQQ; over five years the annualized figures are -2.75% and +14.39% respectively. Across the full 8-year window we track, QQQ has the edge at +19.03% annualized vs +8.26%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
OGIG has been the more volatile fund, with annualized monthly volatility of 25.8% compared with 20.4% for QQQ. 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 -66.0% for OGIG and -35.1% 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 0.80. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
OGIG charges 0.48% per year while QQQ charges 0.18%. On a $10,000 position that is $48 vs $18 annually, a gap of $30 per year that compounds over a long holding period. On income, OGIG currently yields 0.08% against 0.44% for QQQ.
Holdings Overlap
53.9% of OGIG's money is in holdings QQQ also owns. 27.5% of QQQ's money is in holdings OGIG also owns.
The two portfolios partly overlap.
22 positions in common, counted across the 54 positions we hold weights for in OGIG and 102 in QQQ, against full books of 55 and 107.
What only one of them owns
Our book lists 75 positions for QQQ that do not appear in our book for OGIG (70.6% of the fund), and 20 for OGIG that do not appear in QQQ (29.4%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in OGIG | Weight in QQQ | Difference |
|---|---|---|---|
| MSFTMicrosoft Corp 4.100 Feb 06 37 | 6.80% | 5.76% | 1.04% |
| AMZNAmazon.Com Inc | 5.63% | 4.67% | 0.96% |
| GOOGLAlphabet A Usd 0.001 | 4.96% | 3.36% | 1.60% |
| METAMeta Platforms, Inc. | 5.27% | 2.78% | 2.49% |
| PLTRPalantir Technologies Inc | 4.92% | 1.60% | 3.32% |
| PANWPalo Alto Networks Inc. | 2.56% | 1.30% | 1.26% |
| CRWDCrowdstrike Holdings Inc. Class A | 2.75% | 0.94% | 1.81% |
| SHOP:CAShopify Inc. | 2.58% | 0.77% | 1.81% |
| DASHDoordash Inc | 2.43% | 0.37% | 2.06% |
| NFLXNetflix, Inc. | 1.35% | 1.37% | 0.02% |
53.9% of OGIG is already inside QQQ.
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, OGIG or QQQ?
OGIG has an expense ratio of 0.48% while QQQ charges 0.18%. QQQ is the cheaper option, by $30 a year on a $10,000 investment.
Which performed better, OGIG or QQQ?
Over the past year OGIG returned -14.56% vs +22.98% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (8 years), OGIG annualized +8.26% vs +19.03% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, OGIG or QQQ?
OGIG has been the more volatile fund at 25.8% annualized versus 20.4% for QQQ. Worst drawdown: OGIG -66.0% vs QQQ -35.1%.
Should I hold both OGIG and QQQ?
OGIG and QQQ have a monthly-return correlation of 0.80, 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 OGIG and QQQ?
53.9% of OGIG's money is in holdings QQQ also owns. 27.5% of QQQ's is in holdings OGIG also owns. They hold 22 positions in common, counted across the 54 positions we hold weights for in OGIG and 102 in QQQ.
Which pays a higher dividend, OGIG or QQQ?
OGIG yields 0.08% while QQQ yields 0.44%, so QQQ currently pays the higher dividend yield.
Is QQQ better than OGIG?
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window. OGIG is less concentrated, with 41.6% of the fund in its ten largest positions against 46.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.