QQQ vs RMIF
Invesco QQQ Trust, Series 1 vs LHA Risk-Managed Income ETF
Quick Verdict
QQQ has a lower expense ratio. QQQ delivered stronger 1-year returns. QQQ offers more diversification with 103 holdings.
Side-by-Side Comparison
| Metric | QQQ | RMIF | Winner |
|---|---|---|---|
| Expense Ratio | 0.18% | 1.55% | |
| AUM | $455.8B | $6M | |
| Dividend Yield | 0.41% | 5.68% | |
| Holdings | 108 | 7 | |
| YTD Return | +18.31% | -2.80% | |
| 1Y Return | +25.37% | -1.16% | |
| 3Y Return (annualized) | +25.79% | +3.47% | |
| 5Y Return (annualized) | +15.20% | - | |
| Volatility (annualized) | 30.6% | 2.4% | |
| Max Drawdown | -83.0% | -3.7% | |
| Fund Family | Invesco (US) | Little Harbor Advisors | |
| Category | Equity | Fixed Income | |
| Inception | Mar 10, 1999 | Jun 9, 2023 |
QQQ vs RMIF Performance
Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US) and LHA Risk-Managed Income ETF (RMIF) is a ETF from Little Harbor Advisors. Over the past year QQQ returned +25.37% while RMIF returned -1.16%. Year to date, QQQ is up 18.31% versus a loss of 2.80% for RMIF.
Over three years, QQQ compounded at +25.79% per year against +3.47% for RMIF. Across the full 3-year window we track, QQQ has the edge at +13.10% annualized vs +3.71%. 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 2.4% for RMIF. 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 -83.0% for QQQ and -3.7% for RMIF. 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 0.50. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
QQQ charges 0.18% per year while RMIF charges 1.55%. On a $10,000 position that is $18 vs $155 annually, a gap of $137 per year that compounds over a long holding period. On income, QQQ currently yields 0.41% against 5.68% for RMIF.
Holdings Overlap
QQQ and RMIF share 0 holdings out of 109 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 RMIF?
QQQ has an expense ratio of 0.18% while RMIF charges 1.55%. QQQ is the cheaper option. On a $10,000 investment, that is $137 per year of difference.
Which performed better, QQQ or RMIF?
Over the past year QQQ returned +25.37% vs -1.16% for RMIF, so QQQ leads on 1-year performance. Over the longest common window we track (3 years), QQQ annualized +13.10% vs +3.71% for RMIF. Past performance does not guarantee future results.
Which is riskier, QQQ or RMIF?
QQQ has been the more volatile fund at 30.6% annualized versus 2.4% for RMIF. Worst drawdown: QQQ -83.0% vs RMIF -3.7%.
Should I hold both QQQ and RMIF?
QQQ and RMIF have a monthly-return correlation of 0.50, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between QQQ and RMIF?
QQQ and RMIF share 0 common holdings with a 0.0% weight overlap. Combined, they hold 109 unique securities.
Which pays a higher dividend, QQQ or RMIF?
QQQ yields 0.41% while RMIF yields 5.68%, so RMIF currently pays the higher dividend yield.
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