QQA vs QQQG
Invesco QQQ Income Advantage ETF vs Pacer Nasdaq 100 Top 50 Cash Cows Growth Leaders ETF
Which is better, QQA or QQQG?
Each has led over a different period.
QQA has a lower expense ratio. QQA led over the full window, QQQG over 1Y. The two have moved almost in lockstep, correlation 0.91. QQQG is less concentrated, with 47.4% of the fund in its ten largest positions against 53.4%.
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 | QQA | QQQG |
|---|---|---|
| Expense Ratio | 0.29%Best | 0.49% |
| AUM | $831M | $49M |
| Dividend Yield | 10.19% | 0.07% |
| Holdings | 241 | 104 |
| YTD Return | +10.01% | +14.64%Best |
| 1Y Return | +9.97% | +14.43%Best |
| Volatility (annualized) | 13.3%Best | 23.2% |
| Max Drawdown | -19.7%Best | -23.6% |
| $10,000 over 2.2 years | $13,975Best | $13,424 |
| Top 10 Weight | 53.4% | 47.4%Best |
| Fund Family | Invesco (US) | Pacer ETFs |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | Jul 17, 2024 | Aug 19, 2024 |
Not shown on this pair: 3Y Return (annualized), 5Y Return (annualized).
Volatility and max drawdown, and the $10,000 over 2.2 years row, are measured over the window both funds cover: Aug 20, 2024 to Nov 11, 2026 (2.2 years).
QQA vs QQQG 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 2.2 years both funds cover.
QQA vs QQQG Performance
Invesco QQQ Income Advantage ETF (QQA) is an ETF from Invesco (US) and Pacer Nasdaq 100 Top 50 Cash Cows Growth Leaders ETF (QQQG) is an ETF from Pacer ETFs. Over the past year QQA returned +9.97% while QQQG returned +14.43%. Year to date, QQA is up 10.01% versus a gain of 14.64% for QQQG.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQG has been the more volatile fund, with annualized monthly volatility of 23.2% compared with 13.3% for QQA. 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 -19.7% for QQA and -23.6% for QQQG. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.91. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
QQA charges 0.29% per year while QQQG charges 0.49%. On a $10,000 position that is $29 vs $49 annually, a gap of $20 per year that compounds over a long holding period. On income, QQA currently yields 10.19% against 0.07% for QQQG.
Holdings Overlap
44.3% of QQA's money is in holdings QQQG also owns. 94.3% of QQQG's money is in holdings QQA also owns.
Most of QQQG is already inside QQA. Owning both mostly buys the same companies twice.
49 positions in common, counted across the 102 positions we hold weights for in QQA and 50 in QQQG, against full books of 241 and 104.
What only one of them owns
Our book lists 1 positions for QQQG that do not appear in our book for QQA (5.5% of the fund), and 47 for QQA that do not appear in QQQG (49.6%).
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 QQA | Weight in QQQG | Difference |
|---|---|---|---|
| AMDAdvanced Micro Devices Inc | 3.00% | 5.24% | 2.24% |
| MUMicron Technology, Inc. | 3.33% | 4.69% | 1.36% |
| AAPLApple Inc | 5.84% | 1.76% | 4.08% |
| NVDANvidia Corp | 6.22% | 1.14% | 5.08% |
| MRVLMarvell Technology Inc | 0.69% | 5.37% | 4.68% |
| MSFTMicrosoft Corp | 4.63% | 1.33% | 3.30% |
| DDOGDatadog Inc. Class A | 0.29% | 5.32% | 5.03% |
| FTNTFortinet Inc | 0.44% | 5.00% | 4.56% |
| PANWPalo Alto Networks Inc. | 0.98% | 4.01% | 3.03% |
| CRWDCrowdstrike Holdings Inc | 0.82% | 3.93% | 3.11% |
94.3% of QQQG is already inside QQA.
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, QQA or QQQG?
QQA has an expense ratio of 0.29% while QQQG charges 0.49%. QQA is the cheaper option, by $20 a year on a $10,000 investment.
Which performed better, QQA or QQQG?
Over the past year QQA returned +9.97% vs +14.43% for QQQG, so QQQG leads on 1-year performance. Over the longest common window we track (2 years), QQA annualized +16.43% vs +14.32% for QQQG. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QQA or QQQG?
QQQG has been the more volatile fund at 23.2% annualized versus 13.3% for QQA. Worst drawdown: QQA -19.7% vs QQQG -23.6%.
Should I hold both QQA and QQQG?
QQA and QQQG have a monthly-return correlation of 0.91, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between QQA and QQQG?
94.3% of QQQG's money is in holdings QQA also owns. 94.3% of QQQG's is in holdings QQA also owns. They hold 49 positions in common, counted across the 102 positions we hold weights for in QQA and 50 in QQQG.
Which pays a higher dividend, QQA or QQQG?
QQA yields 10.19% while QQQG yields 0.07%, so QQA currently pays the higher dividend yield.
Is QQQG better than QQA?
QQA has a lower expense ratio. QQA led over the full window, QQQG over 1Y. The two have moved almost in lockstep, correlation 0.91. QQQG is less concentrated, with 47.4% of the fund in its ten largest positions against 53.4%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.