QQQ vs RSHO
Invesco QQQ Trust, Series 1 vs Tema American Reshoring ETF
Quick Verdict
QQQ has a lower expense ratio. RSHO delivered stronger 1-year returns. QQQ offers more diversification with 108 holdings.
Side-by-Side Comparison
| Metric | QQQ | RSHO | Winner |
|---|---|---|---|
| Expense Ratio | 0.18% | 0.75% | |
| AUM | $496.3B | $302M | |
| Dividend Yield | 0.44% | 0.23% | |
| Holdings | 108 | 25 | |
| YTD Return | +16.64% | +36.08% | |
| 1Y Return | +27.27% | +64.57% | |
| 3Y Return (annualized) | +25.96% | +30.68% | |
| 5Y Return (annualized) | +14.54% | - | |
| Volatility (annualized) | 30.6% | 22.6% | |
| Max Drawdown | -83.0% | -27.3% | |
| Fund Family | Invesco (US) | Tema Global Limited | |
| Category | Equity | Equity | |
| Inception | Mar 10, 1999 | May 11, 2023 |
QQQ vs RSHO Performance
Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US) and Tema American Reshoring ETF (RSHO) is a ETF from Tema Global Limited. Over the past year QQQ returned +27.27% while RSHO returned +64.57%. Year to date, QQQ is up 16.64% versus a gain of 36.08% for RSHO.
Over three years, QQQ compounded at +25.96% per year against +30.68% for RSHO. Across the full 3-year window we track, RSHO has the edge at +34.33% annualized vs +13.03%. 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 22.6% for RSHO. 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 -27.3% for RSHO. 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 0.61. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
QQQ charges 0.18% per year while RSHO charges 0.75%. On a $10,000 position that is $18 vs $75 annually, a gap of $57 per year that compounds over a long holding period. On income, QQQ currently yields 0.44% against 0.23% for RSHO.
Holdings Overlap
Frequently Asked Questions
Which is cheaper, QQQ or RSHO?
QQQ has an expense ratio of 0.18% while RSHO charges 0.75%. QQQ is the cheaper option. On a $10,000 investment, that is $57 per year of difference.
Which performed better, QQQ or RSHO?
Over the past year QQQ returned +27.27% vs +64.57% for RSHO, so RSHO leads on 1-year performance. Over the longest common window we track (3 years), QQQ annualized +13.03% vs +34.33% for RSHO. Past performance does not guarantee future results.
Which is riskier, QQQ or RSHO?
QQQ has been the more volatile fund at 30.6% annualized versus 22.6% for RSHO. Worst drawdown: QQQ -83.0% vs RSHO -27.3%.
Should I hold both QQQ and RSHO?
QQQ and RSHO have a monthly-return correlation of 0.61, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between QQQ and RSHO?
QQQ and RSHO share 2 common holdings with a 1.4% weight overlap. Combined, they hold 124 unique securities.
Which pays a higher dividend, QQQ or RSHO?
QQQ yields 0.44% while RSHO yields 0.23%, so QQQ currently pays the higher dividend yield.
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