QQQ vs RAUS
Invesco QQQ Trust, Series 1 vs RACWI US ETF
Which is better, QQQ or RAUS?
Large Cap Growth against All Cap Blend.
RAUS has a lower expense ratio. QQQ led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.91. RAUS is less concentrated, with 40.6% 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 | QQQ | RAUS |
|---|---|---|
| Expense Ratio | 0.18% | 0.00%Best |
| AUM | $483.5B | $60M |
| Dividend Yield | 0.44% | 0.22% |
| Holdings | 107 | 520 |
| YTD Return | +17.95%Best | +13.27% |
| 1Y Return | +21.77%Best | +18.08% |
| 3Y Return (annualized) | +25.63% | - |
| 5Y Return (annualized) | +15.24% | - |
| Volatility (annualized) | 21.9% | 13.0%Best |
| Max Drawdown | -12.0% | -8.6%Best |
| $10,000 over 1 years | $12,316Best | $11,857 |
| Top 10 Weight | 46.5% | 40.6%Best |
| Fund Family | Invesco (US) | RAFI Indices |
| Category | Equity | Equity |
| Style | Large Cap Growth | All Cap Blend |
| Inception | Mar 10, 1999 | Sep 11, 2025 |
Volatility and max drawdown, and the $10,000 over 1 years row, are measured over the window both funds cover: Sep 12, 2025 to Sep 18, 2026 (1 years).
QQQ vs RAUS 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 1 years both funds cover.
QQQ vs RAUS Performance
Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US) and RACWI US ETF (RAUS) is an ETF from RAFI Indices. Over the past year QQQ returned +21.77% while RAUS returned +18.08%. Year to date, QQQ is up 17.95% versus a gain of 13.27% for RAUS.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 21.9% compared with 13.0% for RAUS. 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 -12.0% for QQQ and -8.6% for RAUS. 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
QQQ charges 0.18% per year while RAUS charges 0.00%. On a $10,000 position that is $18 vs $0 annually, a gap of $18 per year that compounds over a long holding period. On income, QQQ currently yields 0.44% against 0.22% for RAUS.
Holdings Overlap
86.3% of QQQ's money is in holdings RAUS also owns. 53.5% of RAUS's money is in holdings QQQ also owns.
Most of QQQ is already inside RAUS. Owning both mostly buys the same companies twice.
74 positions in common, counted across the 102 positions we hold weights for in QQQ and 515 in RAUS, against full books of 107 and 520.
What only one of them owns
Our book lists 408 positions for RAUS that do not appear in our book for QQQ (46.0% of the fund), and 22 for QQQ that do not appear in RAUS (11.3%).
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 QQQ | Weight in RAUS | Difference |
|---|---|---|---|
| NVDANvidia Corp | 8.44% | 8.24% | 0.20% |
| AAPLApple, Inc | 7.27% | 7.37% | 0.10% |
| MSFTMicrosoft Corp | 5.76% | 5.80% | 0.04% |
| GOOGLAlphabet Inc,class A | 3.36% | 5.52% | 2.16% |
| AMZNAmazon.Com Inc | 4.67% | 3.88% | 0.79% |
| MUMicron Technology, Inc. | 4.43% | 1.68% | 2.75% |
| AVGOBroadcom Inc | 3.16% | 2.68% | 0.48% |
| METAMeta Platforms Inc | 2.78% | 2.04% | 0.74% |
| AMDAdvanced Micro Devices Inc | 3.45% | 1.17% | 2.28% |
| TSLATesla Inc | 2.56% | 1.85% | 0.71% |
86.3% of QQQ is already inside RAUS.
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, QQQ or RAUS?
QQQ has an expense ratio of 0.18% while RAUS charges 0.00%. RAUS is the cheaper option, by $18 a year on a $10,000 investment.
Which performed better, QQQ or RAUS?
Over the past year QQQ returned +21.77% vs +18.08% for RAUS, so QQQ leads on 1-year performance. Over the longest common window we track (1 years), QQQ annualized +23.16% vs +18.57% for RAUS. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QQQ or RAUS?
QQQ has been the more volatile fund at 21.9% annualized versus 13.0% for RAUS. Worst drawdown: QQQ -12.0% vs RAUS -8.6%.
Should I hold both QQQ and RAUS?
QQQ and RAUS 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 QQQ and RAUS?
86.3% of QQQ's money is in holdings RAUS also owns. 53.5% of RAUS's is in holdings QQQ also owns. They hold 74 positions in common, counted across the 102 positions we hold weights for in QQQ and 515 in RAUS.
Which pays a higher dividend, QQQ or RAUS?
QQQ yields 0.44% while RAUS yields 0.22%, so QQQ currently pays the higher dividend yield.
Is RAUS better than QQQ?
RAUS has a lower expense ratio. QQQ led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.91. RAUS is less concentrated, with 40.6% 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.