QQQ vs UMI
Invesco QQQ Trust, Series 1 vs USCF Midstream Energy Income ETF
Which is better, QQQ or UMI?
Large Cap Growth against All Cap Blend.
QQQ has a lower expense ratio. UMI led over 1Y, 3Y, 5Y and the full window. QQQ is less concentrated, with 46.5% of the fund in its ten largest positions against 62.2%.
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 | UMI |
|---|---|---|
| Expense Ratio | 0.18%Best | 0.69% |
| AUM | $483.5B | $520M |
| Dividend Yield | 0.44% | 5.83% |
| Holdings | 107 | 25 |
| YTD Return | +16.87% | +25.38%Best |
| 1Y Return | +22.98% | +27.78%Best |
| 3Y Return (annualized) | +24.98% | +26.07%Best |
| 5Y Return (annualized) | +14.39% | +22.36%Best |
| Volatility (annualized) | 20.4% | 17.4%Best |
| Max Drawdown | -35.1% | -20.1%Best |
| $10,000 over 5 years | $19,586 | $27,428Best |
| Top 10 Weight | 46.5%Best | 62.2% |
| Fund Family | Invesco (US) | USCF Investments |
| Category | Equity | Equity |
| Style | Large Cap Growth | All Cap Blend |
| Inception | Mar 10, 1999 | Mar 24, 2021 |
Volatility and max drawdown are measured over the window both funds cover: Mar 24, 2021 to Sep 11, 2026 (5.5 years).
QQQ vs UMI 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 5.5 years both funds cover.
QQQ vs UMI Performance
Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US) and USCF Midstream Energy Income ETF (UMI) is an ETF from USCF Investments. Over the past year QQQ returned +22.98% while UMI returned +27.78%. Year to date, QQQ is up 16.87% versus a gain of 25.38% for UMI.
Over three years, QQQ compounded at +24.98% per year against +26.07% for UMI; over five years the annualized figures are +14.39% and +22.36% respectively. Across the full 6-year window we track, UMI has the edge at +23.75% annualized vs +17.05%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 20.4% compared with 17.4% 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 -35.1% for QQQ and -20.1% for UMI. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.28. They move largely independently of each other.
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
We hold position weights for 102 holdings in QQQ and 23 in UMI, totalling 99.9% and 100.0% 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 23 in UMI, against full books of 107 and 25.
What only one of them owns
Our book lists 17 positions for UMI that do not appear in our book for QQQ (78.4% of the fund), and 95 for QQQ that do not appear in UMI (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 UMI 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 UMI?
QQQ has an expense ratio of 0.18% while UMI charges 0.69%. QQQ is the cheaper option, by $51 a year on a $10,000 investment.
Which performed better, QQQ or UMI?
Over the past year QQQ returned +22.98% vs +27.78% for UMI, so UMI leads on 1-year performance. Over the longest common window we track (6 years), QQQ annualized +17.05% vs +23.75% for UMI. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QQQ or UMI?
QQQ has been the more volatile fund at 20.4% annualized versus 17.4% for UMI. Worst drawdown: QQQ -35.1% vs UMI -20.1%.
Should I hold both QQQ and UMI?
QQQ and UMI have a monthly-return correlation of 0.28, 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 UMI?
QQQ yields 0.44% while UMI yields 5.83%, so UMI currently pays the higher dividend yield.
Is UMI better than QQQ?
QQQ has a lower expense ratio. UMI led over 1Y, 3Y, 5Y and the full window. QQQ is less concentrated, with 46.5% of the fund in its ten largest positions against 62.2%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.