PIN vs QQQ
Invesco India ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. QQQ delivered stronger 1-year returns. PIN offers more diversification with 220 holdings.
Side-by-Side Comparison
| Metric | PIN | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.78% | 0.18% | |
| AUM | $200M | $496.3B | |
| Dividend Yield | 8.42% | 0.44% | |
| Holdings | 220 | 108 | |
| YTD Return | -2.40% | +19.52% | |
| 1Y Return | -1.28% | +26.68% | |
| 3Y Return (annualized) | +8.24% | +26.64% | |
| 5Y Return (annualized) | +6.15% | +15.36% | |
| Volatility (annualized) | 24.3% | 30.6% | |
| Max Drawdown | -80.3% | -83.0% | |
| Fund Family | Invesco (US) | Invesco (US) | |
| Category | Equity | Equity | |
| Inception | Mar 5, 2008 | Mar 10, 1999 |
PIN vs QQQ Performance
Invesco India ETF (PIN) is a ETF from Invesco (US) and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year PIN returned -1.28% while QQQ returned +26.68%. Year to date, PIN is down 2.40% versus a gain of 19.52% for QQQ.
Over three years, PIN compounded at +8.24% per year against +26.64% for QQQ; over five years the annualized figures are +6.15% and +15.36% respectively. Across the full 18-year window we track, QQQ has the edge at +13.14% annualized vs -0.35%. 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 24.3% for PIN. 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 -80.3% for PIN 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 0.57. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
PIN charges 0.78% per year while QQQ charges 0.18%. On a $10,000 position that is $78 vs $18 annually, a gap of $60 per year that compounds over a long holding period. On income, PIN currently yields 8.42% against 0.44% for QQQ.
Holdings Overlap
PIN and QQQ share 0 holdings out of 314 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, PIN or QQQ?
PIN has an expense ratio of 0.78% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $60 per year of difference.
Which performed better, PIN or QQQ?
Over the past year PIN returned -1.28% vs +26.68% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (18 years), PIN annualized -0.35% vs +13.14% for QQQ. Past performance does not guarantee future results.
Which is riskier, PIN or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 24.3% for PIN. Worst drawdown: PIN -80.3% vs QQQ -83.0%.
Should I hold both PIN and QQQ?
PIN and QQQ have a monthly-return correlation of 0.57, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between PIN and QQQ?
PIN and QQQ share 0 common holdings with a 0.0% weight overlap. Combined, they hold 314 unique securities.
Which pays a higher dividend, PIN or QQQ?
PIN yields 8.42% while QQQ yields 0.44%, so PIN currently pays the higher dividend yield.
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