OUSA vs QQQ
O Shares US Quality Dividend ETF vs Invesco QQQ Trust, Series 1
Which is better, OUSA or QQQ?
Large Cap Value against Large Cap Growth.
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window. OUSA is less concentrated, with 44.9% 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 | OUSA | QQQ |
|---|---|---|
| Expense Ratio | 0.48% | 0.18%Best |
| AUM | $743M | $483.5B |
| Dividend Yield | 1.35% | 0.44% |
| Holdings | 101 | 107 |
| YTD Return | +5.74% | +15.86%Best |
| 1Y Return | +8.94% | +22.63%Best |
| 3Y Return (annualized) | +12.81% | +24.15%Best |
| 5Y Return (annualized) | +8.60% | +14.16%Best |
| Volatility (annualized) | 13.2%Best | 18.9% |
| Max Drawdown | -33.4%Best | -35.1% |
| $10,000 over 5 years | $15,106 | $19,390Best |
| Top 10 Weight | 44.9%Best | 46.5% |
| Fund Family | ALPS Advisors | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Growth |
| Inception | Jul 14, 2015 | Mar 10, 1999 |
Volatility and max drawdown are measured over the window both funds cover: Jul 14, 2015 to Sep 10, 2026 (11.2 years).
OUSA 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 11.2 years both funds cover.
OUSA vs QQQ Performance
O Shares US Quality Dividend ETF (OUSA) is an ETF from ALPS Advisors and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year OUSA returned +8.94% while QQQ returned +22.63%. Year to date, OUSA is up 5.74% versus a gain of 15.86% for QQQ.
Over three years, OUSA compounded at +12.81% per year against +24.15% for QQQ; over five years the annualized figures are +8.60% and +14.16% respectively. Across the full 11-year window we track, QQQ has the edge at +18.49% annualized vs +9.10%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 18.9% compared with 13.2% for OUSA. 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 -33.4% for OUSA 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 0.74. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
OUSA 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, OUSA currently yields 1.35% against 0.44% for QQQ.
Holdings Overlap
33.1% of OUSA's money is in holdings QQQ also owns. 35.4% of QQQ's money is in holdings OUSA also owns.
The two portfolios partly overlap.
25 positions in common, counted across the 100 positions we hold weights for in OUSA and 102 in QQQ, against full books of 101 and 107.
What only one of them owns
Measured across the 100 and 102 positions we hold weights for.
QQQ holds 70 positions OUSA does not, 61.7% of the fund.
Largest: NVDA 8.44%, AMZN 4.67%, MU 4.43%, AMD 3.45%, AVGO 3.16%
Top Shared Holdings
| Stock | Weight in OUSA | Weight in QQQ | Difference |
|---|---|---|---|
| AAPLApple, Inc | 5.33% | 7.27% | 1.94% |
| MSFTMicrosoft Corp 4.100 Feb 06 37 | 4.77% | 5.76% | 0.99% |
| GOOGLAlphabet A Usd 0.001 | 5.08% | 3.36% | 1.72% |
| CSCOCisco Systems Inc. - Ordinary Shares | 3.91% | 2.10% | 1.81% |
| TXNTexas Instruments, Inc | 2.26% | 1.12% | 1.14% |
| METAMeta Platforms, Inc. | 0.34% | 2.78% | 2.44% |
| WMTWalmart, Inc. | 0.70% | 2.41% | 1.71% |
| COSTCostco Wholesale Corp. | 0.59% | 1.84% | 1.25% |
| CMCSAComcast Corp. Class A | 2.03% | 0.39% | 1.64% |
| AMGNAmgen Inc. | 0.75% | 0.97% | 0.22% |
35.4% of QQQ is already inside OUSA.
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, OUSA or QQQ?
OUSA 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, OUSA or QQQ?
Over the past year OUSA returned +8.94% vs +22.63% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (11 years), OUSA annualized +9.10% vs +18.49% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, OUSA or QQQ?
QQQ has been the more volatile fund at 18.9% annualized versus 13.2% for OUSA. Worst drawdown: OUSA -33.4% vs QQQ -35.1%.
Should I hold both OUSA and QQQ?
OUSA and QQQ have a monthly-return correlation of 0.74, 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 OUSA and QQQ?
35.4% of QQQ's money is in holdings OUSA also owns. 35.4% of QQQ's is in holdings OUSA also owns. They hold 25 positions in common, counted across the 100 positions we hold weights for in OUSA and 102 in QQQ.
Which pays a higher dividend, OUSA or QQQ?
OUSA yields 1.35% while QQQ yields 0.44%, so OUSA currently pays the higher dividend yield.
Is QQQ better than OUSA?
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window. OUSA is less concentrated, with 44.9% 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.