QQQ vs UMI
Invesco QQQ Trust, Series 1 vs USCF Midstream Energy Income ETF
Quick Verdict
QQQ has a lower expense ratio. UMI delivered stronger 1-year returns. QQQ offers more diversification with 108 holdings.
Side-by-Side Comparison
| Metric | QQQ | UMI | Winner |
|---|---|---|---|
| Expense Ratio | 0.18% | 0.69% | |
| AUM | $496.3B | $509M | |
| Dividend Yield | 0.44% | 5.83% | |
| Holdings | 108 | 25 | |
| YTD Return | +19.52% | +26.38% | |
| 1Y Return | +26.68% | +30.33% | |
| 3Y Return (annualized) | +26.64% | +27.01% | |
| 5Y Return (annualized) | +15.36% | +23.18% | |
| Volatility (annualized) | 30.6% | 17.5% | |
| Max Drawdown | -83.0% | -20.1% | |
| Fund Family | Invesco (US) | USCF Investments | |
| Category | Equity | Equity | |
| Inception | Mar 10, 1999 | Mar 24, 2021 |
QQQ vs UMI Performance
Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US) and USCF Midstream Energy Income ETF (UMI) is a ETF from USCF Investments. Over the past year QQQ returned +26.68% while UMI returned +30.33%. Year to date, QQQ is up 19.52% versus a gain of 26.38% for UMI.
Over three years, QQQ compounded at +26.64% per year against +27.01% for UMI; over five years the annualized figures are +15.36% and +23.18% respectively. Across the full 5-year window we track, UMI has the edge at +24.31% annualized vs +13.14%. 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 17.5% for UMI. 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 -20.1% for UMI. 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 0.28. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
QQQ charges 0.18% per year while UMI charges 0.69%. On a $10,000 position that is $18 vs $69 annually, a gap of $51 per year that compounds over a long holding period. On income, QQQ currently yields 0.44% against 5.83% for UMI.
Holdings Overlap
QQQ and UMI share 0 holdings out of 125 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 UMI?
QQQ has an expense ratio of 0.18% while UMI charges 0.69%. QQQ is the cheaper option. On a $10,000 investment, that is $51 per year of difference.
Which performed better, QQQ or UMI?
Over the past year QQQ returned +26.68% vs +30.33% for UMI, so UMI leads on 1-year performance. Over the longest common window we track (5 years), QQQ annualized +13.14% vs +24.31% for UMI. Past performance does not guarantee future results.
Which is riskier, QQQ or UMI?
QQQ has been the more volatile fund at 30.6% annualized versus 17.5% for UMI. Worst drawdown: QQQ -83.0% vs UMI -20.1%.
Should I hold both QQQ and UMI?
QQQ and UMI have a monthly-return correlation of 0.28, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between QQQ and UMI?
QQQ and UMI share 0 common holdings with a 0.0% weight overlap. Combined, they hold 125 unique securities.
Which pays a higher dividend, QQQ or UMI?
QQQ yields 0.44% while UMI yields 5.83%, so UMI currently pays the higher dividend yield.
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