QQQ vs WEEI

Quick Verdict

QQQ has a lower expense ratio. WEEI delivered stronger 1-year returns. QQQ offers more diversification with 103 holdings.

Lower Fees: QQQHigher Returns: WEEIMore Diversified: QQQ

Side-by-Side Comparison

MetricQQQWEEIWinner
Expense Ratio0.18%0.85%
AUM$455.8B$96M
Dividend Yield0.41%13.25%
Holdings108159
YTD Return+17.46%+21.36%
1Y Return+26.02%+34.75%
3Y Return (annualized)+25.51%-
5Y Return (annualized)+15.12%-
Volatility (annualized)30.6%16.3%
Max Drawdown-83.0%-18.8%
Fund FamilyInvesco (US)Westwood Funds
CategoryEquityEquity
InceptionMar 10, 1999Apr 30, 2024

QQQ vs WEEI Performance

Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US) and Westwood Salient Enhanced Energy Income ETF (WEEI) is a ETF from Westwood Funds. Over the past year QQQ returned +26.02% while WEEI returned +34.75%. Year to date, QQQ is up 17.46% versus a gain of 21.36% for WEEI.

Risk: Volatility and Drawdowns

QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% compared with 16.3% for WEEI. 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 -18.8% for WEEI. 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 -0.26. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

QQQ charges 0.18% per year while WEEI charges 0.85%. On a $10,000 position that is $18 vs $85 annually, a gap of $67 per year that compounds over a long holding period. On income, QQQ currently yields 0.41% against 13.25% for WEEI.

Holdings Overlap

0.5%overlap

QQQ and WEEI share 2 holdings out of 122 unique holdings combined, representing a 0.5% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in QQQWeight in WEEIDifference
BKR0.25%3.97%3.72%
FANG0.24%2.16%1.92%

Frequently Asked Questions

Which is cheaper, QQQ or WEEI?

QQQ has an expense ratio of 0.18% while WEEI charges 0.85%. QQQ is the cheaper option. On a $10,000 investment, that is $67 per year of difference.

Which performed better, QQQ or WEEI?

Over the past year QQQ returned +26.02% vs +34.75% for WEEI, so WEEI leads on 1-year performance. Over the longest common window we track (2 years), QQQ annualized +13.08% vs +14.27% for WEEI. Past performance does not guarantee future results.

Which is riskier, QQQ or WEEI?

QQQ has been the more volatile fund at 30.6% annualized versus 16.3% for WEEI. Worst drawdown: QQQ -83.0% vs WEEI -18.8%.

Should I hold both QQQ and WEEI?

QQQ and WEEI have a monthly-return correlation of -0.26, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between QQQ and WEEI?

QQQ and WEEI share 2 common holdings with a 0.5% weight overlap. Combined, they hold 122 unique securities.

Which pays a higher dividend, QQQ or WEEI?

QQQ yields 0.41% while WEEI yields 13.25%, so WEEI currently pays the higher dividend yield.

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