QQQ vs UPGR
Invesco QQQ Trust, Series 1 vs Xtrackers US Green Infrastructure Select Equity ETF
Quick Verdict
QQQ has a lower expense ratio. UPGR delivered stronger 1-year returns. QQQ offers more diversification with 103 holdings.
Side-by-Side Comparison
| Metric | QQQ | UPGR | Winner |
|---|---|---|---|
| Expense Ratio | 0.18% | 0.35% | |
| AUM | $455.8B | $6M | |
| Dividend Yield | 0.41% | 0.28% | |
| Holdings | 108 | 47 | |
| YTD Return | +18.31% | +0.59% | |
| 1Y Return | +25.37% | +27.40% | |
| 3Y Return (annualized) | +25.79% | - | |
| 5Y Return (annualized) | +15.20% | - | |
| Volatility (annualized) | 30.6% | 27.2% | |
| Max Drawdown | -83.0% | -35.5% | |
| Fund Family | Invesco (US) | Xtrackers ETFs | |
| Category | Equity | Equity | |
| Inception | Mar 10, 1999 | Jul 13, 2023 |
QQQ vs UPGR Performance
Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US) and Xtrackers US Green Infrastructure Select Equity ETF (UPGR) is a ETF from Xtrackers ETFs. Over the past year QQQ returned +25.37% while UPGR returned +27.40%. Year to date, QQQ is up 18.31% versus a gain of 0.59% for UPGR.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% compared with 27.2% for UPGR. 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 -35.5% for UPGR. 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 0.73. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
QQQ charges 0.18% per year while UPGR charges 0.35%. On a $10,000 position that is $18 vs $35 annually, a gap of $17 per year that compounds over a long holding period. On income, QQQ currently yields 0.41% against 0.28% for UPGR.
Holdings Overlap
QQQ and UPGR share 1 holdings out of 147 unique holdings combined, representing a 2.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in QQQ | Weight in UPGR | Difference |
|---|---|---|---|
| TSLA | 3.16% | 2.03% | 1.13% |
Frequently Asked Questions
Which is cheaper, QQQ or UPGR?
QQQ has an expense ratio of 0.18% while UPGR charges 0.35%. QQQ is the cheaper option. On a $10,000 investment, that is $17 per year of difference.
Which performed better, QQQ or UPGR?
Over the past year QQQ returned +25.37% vs +27.40% for UPGR, so UPGR leads on 1-year performance. Over the longest common window we track (3 years), QQQ annualized +13.10% vs +11.28% for UPGR. Past performance does not guarantee future results.
Which is riskier, QQQ or UPGR?
QQQ has been the more volatile fund at 30.6% annualized versus 27.2% for UPGR. Worst drawdown: QQQ -83.0% vs UPGR -35.5%.
Should I hold both QQQ and UPGR?
QQQ and UPGR have a monthly-return correlation of 0.73, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between QQQ and UPGR?
QQQ and UPGR share 1 common holdings with a 2.0% weight overlap. Combined, they hold 147 unique securities.
Which pays a higher dividend, QQQ or UPGR?
QQQ yields 0.41% while UPGR yields 0.28%, so QQQ currently pays the higher dividend yield.
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