QQQ vs USFE

Quick Verdict

QQQ has a lower expense ratio. QQQ offers more diversification with 103 holdings.

Lower Fees: QQQHigher Returns: TiedMore Diversified: QQQ

Side-by-Side Comparison

MetricQQQUSFEWinner
Expense Ratio0.18%0.45%
AUM$455.8B$2M
Dividend Yield0.41%0.00%
Holdings10858
YTD Return+17.46%+6.19%
1Y Return+26.02%-
3Y Return (annualized)+25.51%-
5Y Return (annualized)+15.12%-
Volatility (annualized)30.6%-
Max Drawdown-83.0%-9.4%
Fund FamilyInvesco (US)First Eagle Investments
CategoryEquityEquity
InceptionMar 10, 1999Jan 27, 2026

QQQ vs USFE Performance

Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US) and First Eagle US Equity ETF (USFE) is a ETF from First Eagle Investments. Year to date, QQQ is up 17.46% versus a gain of 6.19% for USFE.

Risk: Volatility and Drawdowns

The deepest peak-to-trough decline in our data was -83.0% for QQQ and -9.4% for USFE. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

Fees and Cost Over Time

QQQ charges 0.18% per year while USFE charges 0.45%. On a $10,000 position that is $18 vs $45 annually, a gap of $27 per year that compounds over a long holding period. On income, QQQ currently yields 0.41% against 0.00% for USFE.

Holdings Overlap

9.0%overlap

QQQ and USFE share 7 holdings out of 149 unique holdings combined, representing a 9.0% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in QQQWeight in USFEDifference
GOOG3.06%4.48%1.42%
META3.11%4.00%0.89%
MSFT4.65%1.31%3.34%
ADPProProPro
WDAYProProPro
BKNGProProPro
CMCSAProProPro
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Frequently Asked Questions

Which is cheaper, QQQ or USFE?

QQQ has an expense ratio of 0.18% while USFE charges 0.45%. QQQ is the cheaper option. On a $10,000 investment, that is $27 per year of difference.

What is the holdings overlap between QQQ and USFE?

QQQ and USFE share 7 common holdings with a 9.0% weight overlap. Combined, they hold 149 unique securities.

Which pays a higher dividend, QQQ or USFE?

QQQ yields 0.41% while USFE yields 0.00%, so QQQ currently pays the higher dividend yield.

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