QQQ vs REFA
Invesco QQQ Trust, Series 1 vs Columbia Research Enhanced International Equity ETF
Quick Verdict
QQQ has a lower expense ratio. REFA offers more diversification with 215 holdings.
Side-by-Side Comparison
| Metric | QQQ | REFA | Winner |
|---|---|---|---|
| Expense Ratio | 0.18% | 0.32% | |
| AUM | $496.3B | $6M | |
| Dividend Yield | 0.44% | 0.03% | |
| Holdings | 108 | 215 | |
| YTD Return | +16.30% | +15.15% | |
| 1Y Return | +24.83% | - | |
| 3Y Return (annualized) | +25.48% | - | |
| 5Y Return (annualized) | +14.50% | - | |
| Volatility (annualized) | 30.6% | - | |
| Max Drawdown | -83.0% | -11.2% | |
| Fund Family | Invesco (US) | Columbia Threadneedle Investments | |
| Category | Equity | Equity | |
| Inception | Mar 10, 1999 | Dec 11, 2025 |
QQQ vs REFA Performance
Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US) and Columbia Research Enhanced International Equity ETF (REFA) is a ETF from Columbia Threadneedle Investments. Year to date, QQQ is up 16.30% versus a gain of 15.15% for REFA.
Risk: Volatility and Drawdowns
The deepest peak-to-trough decline in our data was -83.0% for QQQ and -11.2% for REFA. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
Fees and Cost Over Time
QQQ charges 0.18% per year while REFA charges 0.32%. On a $10,000 position that is $18 vs $32 annually, a gap of $14 per year that compounds over a long holding period. On income, QQQ currently yields 0.44% against 0.03% for REFA.
Holdings Overlap
QQQ and REFA share 0 holdings out of 312 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, QQQ or REFA?
QQQ has an expense ratio of 0.18% while REFA charges 0.32%. QQQ is the cheaper option. On a $10,000 investment, that is $14 per year of difference.
What is the holdings overlap between QQQ and REFA?
QQQ and REFA share 0 common holdings with a 0.0% weight overlap. Combined, they hold 312 unique securities.
Which pays a higher dividend, QQQ or REFA?
QQQ yields 0.44% while REFA yields 0.03%, so QQQ currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.