QQQ vs UFOX
Invesco QQQ Trust, Series 1 vs Defiance Space and Connective Tech ETF
Quick Verdict
QQQ has a lower expense ratio. UFOX delivered stronger 1-year returns. QQQ offers more diversification with 108 holdings.
Side-by-Side Comparison
| Metric | QQQ | UFOX | Winner |
|---|---|---|---|
| Expense Ratio | 0.18% | 0.30% | |
| AUM | $496.3B | $922M | |
| Dividend Yield | 0.44% | 0.48% | |
| Holdings | 108 | 60 | |
| YTD Return | +19.52% | +36.04% | |
| 1Y Return | +26.68% | +55.55% | |
| 3Y Return (annualized) | +26.64% | - | |
| 5Y Return (annualized) | +15.36% | - | |
| Volatility (annualized) | 30.6% | 30.7% | |
| Max Drawdown | -83.0% | -28.7% | |
| Fund Family | Invesco (US) | Defiance ETFs, LLC | |
| Category | Equity | Equity | |
| Inception | Mar 10, 1999 | Mar 4, 2019 |
QQQ vs UFOX Performance
Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US) and Defiance Space and Connective Tech ETF (UFOX) is a ETF from Defiance ETFs, LLC. Over the past year QQQ returned +26.68% while UFOX returned +55.55%. Year to date, QQQ is up 19.52% versus a gain of 36.04% for UFOX.
Risk: Volatility and Drawdowns
UFOX has been the more volatile fund, with annualized monthly volatility of 30.7% compared with 30.6% for QQQ. 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 -28.7% for UFOX. 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 0.91. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
QQQ charges 0.18% per year while UFOX charges 0.30%. On a $10,000 position that is $18 vs $30 annually, a gap of $12 per year that compounds over a long holding period. On income, QQQ currently yields 0.44% against 0.48% for UFOX.
Holdings Overlap
QQQ and UFOX share 12 holdings out of 149 unique holdings combined, representing a 19.1% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, QQQ or UFOX?
QQQ has an expense ratio of 0.18% while UFOX charges 0.30%. QQQ is the cheaper option. On a $10,000 investment, that is $12 per year of difference.
Which performed better, QQQ or UFOX?
Over the past year QQQ returned +26.68% vs +55.55% for UFOX, so UFOX leads on 1-year performance. Over the longest common window we track (2 years), QQQ annualized +13.14% vs +40.42% for UFOX. Past performance does not guarantee future results.
Which is riskier, QQQ or UFOX?
UFOX has been the more volatile fund at 30.7% annualized versus 30.6% for QQQ. Worst drawdown: QQQ -83.0% vs UFOX -28.7%.
Should I hold both QQQ and UFOX?
QQQ and UFOX have a monthly-return correlation of 0.91, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.
What is the holdings overlap between QQQ and UFOX?
QQQ and UFOX share 12 common holdings with a 19.1% weight overlap. Combined, they hold 149 unique securities.
Which pays a higher dividend, QQQ or UFOX?
QQQ yields 0.44% while UFOX yields 0.48%, so UFOX currently pays the higher dividend yield.
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