PPI vs QQQ
Astoria Real Assets ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. PPI delivered stronger 1-year returns. QQQ offers more diversification with 103 holdings.
Side-by-Side Comparison
| Metric | PPI | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.58% | 0.18% | |
| AUM | $157M | $455.8B | |
| Dividend Yield | 1.31% | 0.41% | |
| Holdings | 89 | 108 | |
| YTD Return | +14.30% | +17.46% | |
| 1Y Return | +29.27% | +26.02% | |
| 3Y Return (annualized) | +19.61% | +25.51% | |
| 5Y Return (annualized) | - | +15.12% | |
| Volatility (annualized) | 19.0% | 30.6% | |
| Max Drawdown | -24.5% | -83.0% | |
| Fund Family | AXS Investments | Invesco (US) | |
| Category | Equity | Equity | |
| Inception | Dec 30, 2021 | Mar 10, 1999 |
PPI vs QQQ Performance
Astoria Real Assets ETF (PPI) is a ETF from AXS Investments and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year PPI returned +29.27% while QQQ returned +26.02%. Year to date, PPI is up 14.30% versus a gain of 17.46% for QQQ.
Over three years, PPI compounded at +19.61% per year against +25.51% for QQQ. Across the full 5-year window we track, PPI has the edge at +14.78% annualized vs +13.08%. 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 19.0% for PPI. 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 -24.5% for PPI 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 0.52. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
PPI charges 0.58% per year while QQQ charges 0.18%. On a $10,000 position that is $58 vs $18 annually, a gap of $40 per year that compounds over a long holding period. On income, PPI currently yields 1.31% against 0.41% for QQQ.
Holdings Overlap
PPI and QQQ share 3 holdings out of 181 unique holdings combined, representing a 0.9% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, PPI or QQQ?
PPI has an expense ratio of 0.58% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $40 per year of difference.
Which performed better, PPI or QQQ?
Over the past year PPI returned +29.27% vs +26.02% for QQQ, so PPI leads on 1-year performance. Over the longest common window we track (5 years), PPI annualized +14.78% vs +13.08% for QQQ. Past performance does not guarantee future results.
Which is riskier, PPI or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 19.0% for PPI. Worst drawdown: PPI -24.5% vs QQQ -83.0%.
Should I hold both PPI and QQQ?
PPI and QQQ have a monthly-return correlation of 0.52, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between PPI and QQQ?
PPI and QQQ share 3 common holdings with a 0.9% weight overlap. Combined, they hold 181 unique securities.
Which pays a higher dividend, PPI or QQQ?
PPI yields 1.31% while QQQ yields 0.41%, so PPI currently pays the higher dividend yield.
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