QEW vs QQQ
Invesco QQQ Equal Weight ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. QQQ offers more diversification with 108 holdings.
Side-by-Side Comparison
| Metric | QEW | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.25% | 0.18% | |
| AUM | $22M | $496.3B | |
| Dividend Yield | 0.11% | 0.44% | |
| Holdings | 106 | 108 | |
| YTD Return | +22.75% | +16.64% | |
| 1Y Return | - | +27.27% | |
| 3Y Return (annualized) | - | +25.96% | |
| 5Y Return (annualized) | - | +14.54% | |
| Volatility (annualized) | - | 30.6% | |
| Max Drawdown | -5.9% | -83.0% | |
| Fund Family | Invesco (US) | Invesco (US) | |
| Category | Equity | Equity | |
| Inception | Mar 18, 2026 | Mar 10, 1999 |
QEW vs QQQ Performance
Invesco QQQ Equal Weight ETF (QEW) is a ETF from Invesco (US) and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Year to date, QEW is up 22.75% versus a gain of 16.64% for QQQ.
Risk: Volatility and Drawdowns
The deepest peak-to-trough decline in our data was -5.9% for QEW and -83.0% for QQQ. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
Fees and Cost Over Time
QEW charges 0.25% per year while QQQ charges 0.18%. On a $10,000 position that is $25 vs $18 annually, a gap of $7 per year that compounds over a long holding period. On income, QEW currently yields 0.11% against 0.44% for QQQ.
Holdings Overlap
QEW and QQQ share 101 holdings out of 105 unique holdings combined, representing a 51.1% weight overlap.
High overlap means holding both may not provide much additional diversification.
Frequently Asked Questions
Which is cheaper, QEW or QQQ?
QEW has an expense ratio of 0.25% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $7 per year of difference.
What is the holdings overlap between QEW and QQQ?
QEW and QQQ share 101 common holdings with a 51.1% weight overlap. Combined, they hold 105 unique securities.
Which pays a higher dividend, QEW or QQQ?
QEW yields 0.11% while QQQ yields 0.44%, so QQQ currently pays the higher dividend yield.
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