QQQ vs RNMN
Invesco QQQ Trust, Series 1 vs RiverNorth Market Neutral ETF
Quick Verdict
QQQ has a lower expense ratio. QQQ delivered stronger 1-year returns. RNMN offers more diversification with 177 holdings.
Side-by-Side Comparison
| Metric | QQQ | RNMN | Winner |
|---|---|---|---|
| Expense Ratio | 0.18% | 0.59% | |
| AUM | $496.3B | $7M | |
| Dividend Yield | 0.44% | 9.66% | |
| Holdings | 108 | 177 | |
| YTD Return | +16.23% | -0.25% | |
| 1Y Return | +26.23% | - | |
| 3Y Return (annualized) | +25.75% | - | |
| 5Y Return (annualized) | +14.78% | - | |
| Volatility (annualized) | 30.6% | - | |
| Max Drawdown | -83.0% | -0.6% | |
| Fund Family | Invesco (US) | TrueShares | |
| Category | Equity | Equity | |
| Inception | Mar 10, 1999 | Jul 11, 2022 |
QQQ vs RNMN Performance
Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US) and RiverNorth Market Neutral ETF (RNMN) is a ETF from TrueShares. Year to date, QQQ is up 16.23% versus a loss of 0.25% for RNMN.
Risk: Volatility and Drawdowns
The deepest peak-to-trough decline in our data was -83.0% for QQQ and -0.6% for RNMN. 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 RNMN charges 0.59%. On a $10,000 position that is $18 vs $59 annually, a gap of $41 per year that compounds over a long holding period. On income, QQQ currently yields 0.44% against 9.66% for RNMN.
Holdings Overlap
QQQ and RNMN share 0 holdings out of 189 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 RNMN?
QQQ has an expense ratio of 0.18% while RNMN charges 0.59%. QQQ is the cheaper option. On a $10,000 investment, that is $41 per year of difference.
What is the holdings overlap between QQQ and RNMN?
QQQ and RNMN share 0 common holdings with a 0.0% weight overlap. Combined, they hold 189 unique securities.
Which pays a higher dividend, QQQ or RNMN?
QQQ yields 0.44% while RNMN yields 9.66%, so RNMN currently pays the higher dividend yield.
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