QQQ vs WCLD
Invesco QQQ Trust, Series 1 vs WisdomTree Cloud Computing Fund
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 | WCLD | Winner |
|---|---|---|---|
| Expense Ratio | 0.18% | 0.45% | |
| AUM | $496.3B | $344M | |
| Dividend Yield | 0.44% | 0.00% | |
| Holdings | 108 | 66 | |
| YTD Return | +19.52% | +20.45% | |
| 1Y Return | +26.68% | +22.80% | |
| 3Y Return (annualized) | +26.64% | +9.73% | |
| 5Y Return (annualized) | +15.36% | -6.54% | |
| Volatility (annualized) | 30.6% | 30.8% | |
| Max Drawdown | -83.0% | -64.9% | |
| Fund Family | Invesco (US) | WisdomTree Investments | |
| Category | Equity | Equity | |
| Inception | Mar 10, 1999 | Sep 6, 2019 |
QQQ vs WCLD Performance
Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US) and WisdomTree Cloud Computing Fund (WCLD) is a ETF from WisdomTree Investments. Over the past year QQQ returned +26.68% while WCLD returned +22.80%. Year to date, QQQ is up 19.52% versus a gain of 20.45% for WCLD.
Over three years, QQQ compounded at +26.64% per year against +9.73% for WCLD; over five years the annualized figures are +15.36% and -6.54% respectively. Across the full 7-year window we track, QQQ has the edge at +13.14% annualized vs +7.11%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
WCLD has been the more volatile fund, with annualized monthly volatility of 30.8% compared with 30.6% for QQQ. 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 -64.9% for WCLD. 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 0.68. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
QQQ charges 0.18% per year while WCLD 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 0.44% against 0.00% for WCLD.
Holdings Overlap
QQQ and WCLD share 7 holdings out of 160 unique holdings combined, representing a 5.6% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, QQQ or WCLD?
QQQ has an expense ratio of 0.18% while WCLD charges 0.45%. QQQ is the cheaper option. On a $10,000 investment, that is $27 per year of difference.
Which performed better, QQQ or WCLD?
Over the past year QQQ returned +26.68% vs +22.80% for WCLD, so QQQ leads on 1-year performance. Over the longest common window we track (7 years), QQQ annualized +13.14% vs +7.11% for WCLD. Past performance does not guarantee future results.
Which is riskier, QQQ or WCLD?
WCLD has been the more volatile fund at 30.8% annualized versus 30.6% for QQQ. Worst drawdown: QQQ -83.0% vs WCLD -64.9%.
Should I hold both QQQ and WCLD?
QQQ and WCLD have a monthly-return correlation of 0.68, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between QQQ and WCLD?
QQQ and WCLD share 7 common holdings with a 5.6% weight overlap. Combined, they hold 160 unique securities.
Which pays a higher dividend, QQQ or WCLD?
QQQ yields 0.44% while WCLD yields 0.00%, so QQQ currently pays the higher dividend yield.
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