QQQ vs ROAM
Invesco QQQ Trust, Series 1 vs Hartford Multifactor Emerging Markets ETF
Which is better, QQQ or ROAM?
Large Cap Growth against Large Cap Value.
QQQ has a lower expense ratio. QQQ led over 3Y, 5Y and the full window, ROAM over 1Y. ROAM is less concentrated, with 15.2% 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 | ROAM |
|---|---|---|
| Expense Ratio | 0.18%Best | 0.44% |
| AUM | $483.5B | $112M |
| Dividend Yield | 0.44% | 2.31% |
| Holdings | 107 | 350 |
| YTD Return | +16.87% | +24.74%Best |
| 1Y Return | +22.98% | +34.85%Best |
| 3Y Return (annualized) | +24.98%Best | +23.30% |
| 5Y Return (annualized) | +14.39%Best | +11.59% |
| Volatility (annualized) | 18.7% | 16.3%Best |
| Max Drawdown | -35.1%Best | -48.6% |
| $10,000 over 5 years | $19,586Best | $17,303 |
| Top 10 Weight | 46.5% | 15.2%Best |
| Fund Family | Invesco (US) | Hartford Funds |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Value |
| Inception | Mar 10, 1999 | Feb 25, 2015 |
Volatility and max drawdown are measured over the window both funds cover: Feb 26, 2015 to Sep 11, 2026 (11.5 years).
QQQ vs ROAM 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 11.5 years both funds cover.
QQQ vs ROAM Performance
Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US) and Hartford Multifactor Emerging Markets ETF (ROAM) is an ETF from Hartford Funds. Over the past year QQQ returned +22.98% while ROAM returned +34.85%. Year to date, QQQ is up 16.87% versus a gain of 24.74% for ROAM.
Over three years, QQQ compounded at +24.98% per year against +23.30% for ROAM; over five years the annualized figures are +14.39% and +11.59% respectively. Across the full 12-year window we track, QQQ has the edge at +18.04% annualized vs +5.04%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 18.7% compared with 16.3% for ROAM. 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 -35.1% for QQQ and -48.6% for ROAM. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.62. They move together some of the time, and apart the rest.
Fees and Cost Over Time
QQQ charges 0.18% per year while ROAM charges 0.44%. On a $10,000 position that is $18 vs $44 annually, a gap of $26 per year that compounds over a long holding period. On income, QQQ currently yields 0.44% against 2.31% for ROAM.
Holdings Overlap
We hold position weights for 102 holdings in QQQ and 329 in ROAM, totalling 99.9% and 99.6% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 102 positions we hold weights for in QQQ and 329 in ROAM, against full books of 107 and 350.
What only one of them owns
Our book lists 10 positions for ROAM that do not appear in our book for QQQ (2.9% of the fund), and 95 for QQQ that do not appear in ROAM (97.0%).
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.
You are not choosing between two funds in isolation.
Whichever of QQQ and ROAM you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, QQQ or ROAM?
QQQ has an expense ratio of 0.18% while ROAM charges 0.44%. QQQ is the cheaper option, by $26 a year on a $10,000 investment.
Which performed better, QQQ or ROAM?
Over the past year QQQ returned +22.98% vs +34.85% for ROAM, so ROAM leads on 1-year performance. Over the longest common window we track (12 years), QQQ annualized +18.04% vs +5.04% for ROAM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QQQ or ROAM?
QQQ has been the more volatile fund at 18.7% annualized versus 16.3% for ROAM. Worst drawdown: QQQ -35.1% vs ROAM -48.6%.
Should I hold both QQQ and ROAM?
QQQ and ROAM have a monthly-return correlation of 0.62, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, QQQ or ROAM?
QQQ yields 0.44% while ROAM yields 2.31%, so ROAM currently pays the higher dividend yield.
Is ROAM better than QQQ?
QQQ has a lower expense ratio. QQQ led over 3Y, 5Y and the full window, ROAM over 1Y. ROAM is less concentrated, with 15.2% 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.