QQQ vs ROIS

Quick Verdict

QQQ has a lower expense ratio. QQQ delivered stronger 1-year returns. ROIS offers more diversification with 293 holdings.

Lower Fees: QQQHigher Returns: QQQMore Diversified: ROIS

Side-by-Side Comparison

MetricQQQROISWinner
Expense Ratio0.18%0.49%
AUM$455.8B$5M
Dividend Yield0.41%5.31%
Holdings108293
YTD Return+18.31%+4.09%
1Y Return+25.37%+0.12%
3Y Return (annualized)+25.79%-
5Y Return (annualized)+15.20%-
Volatility (annualized)30.6%13.6%
Max Drawdown-83.0%-13.0%
Fund FamilyInvesco (US)Hartford Funds
CategoryEquityEquity
InceptionMar 10, 1999Mar 18, 2024

QQQ vs ROIS Performance

Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US) and Hartford Multifactor International Small Company ETF (ROIS) is a ETF from Hartford Funds. Over the past year QQQ returned +25.37% while ROIS returned +0.12%. Year to date, QQQ is up 18.31% versus a gain of 4.09% for ROIS.

Risk: Volatility and Drawdowns

QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% compared with 13.6% for ROIS. 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 -13.0% for ROIS. 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 -0.07. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

QQQ charges 0.18% per year while ROIS charges 0.49%. On a $10,000 position that is $18 vs $49 annually, a gap of $31 per year that compounds over a long holding period. On income, QQQ currently yields 0.41% against 5.31% for ROIS.

Frequently Asked Questions

Which is cheaper, QQQ or ROIS?

QQQ has an expense ratio of 0.18% while ROIS charges 0.49%. QQQ is the cheaper option. On a $10,000 investment, that is $31 per year of difference.

Which performed better, QQQ or ROIS?

Over the past year QQQ returned +25.37% vs +0.12% for ROIS, so QQQ leads on 1-year performance. Over the longest common window we track (1 years), QQQ annualized +13.10% vs +1.18% for ROIS. Past performance does not guarantee future results.

Which is riskier, QQQ or ROIS?

QQQ has been the more volatile fund at 30.6% annualized versus 13.6% for ROIS. Worst drawdown: QQQ -83.0% vs ROIS -13.0%.

Should I hold both QQQ and ROIS?

QQQ and ROIS have a monthly-return correlation of -0.07, so combining them can provide real diversification depending on your allocation goals.

Which pays a higher dividend, QQQ or ROIS?

QQQ yields 0.41% while ROIS yields 5.31%, so ROIS currently pays the higher dividend yield.

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