QQQ vs WAMA

QQQ vs WAMA
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Quick Verdict

QQQ has a lower expense ratio. QQQ offers more diversification with 108 holdings.

Lower Fees: QQQHigher Returns: TiedMore Diversified: QQQ

Side-by-Side Comparison

MetricQQQWAMAWinner
Expense Ratio0.18%0.32%
AUM$496.3B$197M
Dividend Yield0.44%0.42%
Holdings1082
YTD Return+16.64%+9.61%
1Y Return+27.27%-
3Y Return (annualized)+25.96%-
5Y Return (annualized)+14.54%-
Volatility (annualized)30.6%-
Max Drawdown-83.0%-5.7%
Fund FamilyInvesco (US)WisdomTree Investments
CategoryEquityAllocation/Balanced
InceptionMar 10, 1999Mar 12, 2026

QQQ vs WAMA Performance

Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US) and WisdomTree US Adaptive Moving Average Fund ETF (WAMA) is a ETF from WisdomTree Investments. Year to date, QQQ is up 16.64% versus a gain of 9.61% for WAMA.

Risk: Volatility and Drawdowns

The deepest peak-to-trough decline in our data was -83.0% for QQQ and -5.7% for WAMA. 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 WAMA charges 0.32%. On a $10,000 position that is $18 vs $32 annually, a gap of $14 per year that compounds over a long holding period. On income, QQQ currently yields 0.44% against 0.42% for WAMA.

Holdings Overlap

47.2%overlap

QQQ and WAMA share 78 holdings out of 510 unique holdings combined, representing a 47.2% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in QQQWeight in WAMADifference
NVDA8.44%7.82%0.62%
AAPL7.27%6.63%0.64%
GOOGL3.36%7.32%3.96%
MSFTProProPro
AMZNProProPro
AVGOProProPro
MUProProPro
TSLAProProPro
AMDProProPro
WMTProProPro
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Frequently Asked Questions

Which is cheaper, QQQ or WAMA?

QQQ has an expense ratio of 0.18% while WAMA charges 0.32%. QQQ is the cheaper option. On a $10,000 investment, that is $14 per year of difference.

What is the holdings overlap between QQQ and WAMA?

QQQ and WAMA share 78 common holdings with a 47.2% weight overlap. Combined, they hold 510 unique securities.

Which pays a higher dividend, QQQ or WAMA?

QQQ yields 0.44% while WAMA yields 0.42%, so QQQ currently pays the higher dividend yield.

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