QQQ vs VNAM
Invesco QQQ Trust, Series 1 vs Global X MSCI Vietnam ETF
Quick Verdict
QQQ has a lower expense ratio. QQQ delivered stronger 1-year returns. QQQ offers more diversification with 108 holdings.
Side-by-Side Comparison
| Metric | QQQ | VNAM | Winner |
|---|---|---|---|
| Expense Ratio | 0.18% | 0.51% | |
| AUM | $496.3B | $35M | |
| Dividend Yield | 0.44% | 0.52% | |
| Holdings | 108 | 72 | |
| YTD Return | +16.64% | -5.41% | |
| 1Y Return | +27.27% | +7.34% | |
| 3Y Return (annualized) | +25.96% | +10.83% | |
| 5Y Return (annualized) | +14.54% | - | |
| Volatility (annualized) | 30.6% | 25.2% | |
| Max Drawdown | -83.0% | -52.8% | |
| Fund Family | Invesco (US) | Global X by mirae Asset | |
| Category | Equity | Equity | |
| Inception | Mar 10, 1999 | Dec 7, 2021 |
QQQ vs VNAM Performance
Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US) and Global X MSCI Vietnam ETF (VNAM) is a ETF from Global X by mirae Asset. Over the past year QQQ returned +27.27% while VNAM returned +7.34%. Year to date, QQQ is up 16.64% versus a loss of 5.41% for VNAM.
Over three years, QQQ compounded at +25.96% per year against +10.83% for VNAM. Across the full 5-year window we track, QQQ has the edge at +13.03% annualized vs -1.15%. 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 25.2% for VNAM. 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 -52.8% for VNAM. 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 0.56. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
QQQ charges 0.18% per year while VNAM charges 0.51%. On a $10,000 position that is $18 vs $51 annually, a gap of $33 per year that compounds over a long holding period. On income, QQQ currently yields 0.44% against 0.52% for VNAM.
Holdings Overlap
QQQ and VNAM share 3 holdings out of 164 unique holdings combined, representing a 1.5% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, QQQ or VNAM?
QQQ has an expense ratio of 0.18% while VNAM charges 0.51%. QQQ is the cheaper option. On a $10,000 investment, that is $33 per year of difference.
Which performed better, QQQ or VNAM?
Over the past year QQQ returned +27.27% vs +7.34% for VNAM, so QQQ leads on 1-year performance. Over the longest common window we track (5 years), QQQ annualized +13.03% vs -1.15% for VNAM. Past performance does not guarantee future results.
Which is riskier, QQQ or VNAM?
QQQ has been the more volatile fund at 30.6% annualized versus 25.2% for VNAM. Worst drawdown: QQQ -83.0% vs VNAM -52.8%.
Should I hold both QQQ and VNAM?
QQQ and VNAM have a monthly-return correlation of 0.56, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between QQQ and VNAM?
QQQ and VNAM share 3 common holdings with a 1.5% weight overlap. Combined, they hold 164 unique securities.
Which pays a higher dividend, QQQ or VNAM?
QQQ yields 0.44% while VNAM yields 0.52%, so VNAM currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.