QQQ vs WELD

Quick Verdict

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

Lower Fees: QQQHigher Returns: WELDMore Diversified: QQQ

Side-by-Side Comparison

MetricQQQWELDWinner
Expense Ratio0.18%0.75%
AUM$455.8B$292M
Dividend Yield0.41%0.21%
Holdings10825
YTD Return+17.46%-6.62%
1Y Return+26.02%-
3Y Return (annualized)+25.51%-
5Y Return (annualized)+15.12%-
Volatility (annualized)30.6%-
Max Drawdown-83.0%-14.5%
Fund FamilyInvesco (US)Tema Global Limited
CategoryEquityEquity
InceptionMar 10, 1999May 10, 2023

QQQ vs WELD Performance

Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US) and Tema US Manufacturing & Reshoring ETF (WELD) is a ETF from Tema Global Limited. Year to date, QQQ is up 17.46% versus a loss of 6.62% for WELD.

Risk: Volatility and Drawdowns

The deepest peak-to-trough decline in our data was -83.0% for QQQ and -14.5% for WELD. 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 WELD charges 0.75%. On a $10,000 position that is $18 vs $75 annually, a gap of $57 per year that compounds over a long holding period. On income, QQQ currently yields 0.41% against 0.21% for WELD.

Holdings Overlap

1.4%overlap

QQQ and WELD share 2 holdings out of 124 unique holdings combined, representing a 1.4% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in QQQWeight in WELDDifference
LIN:IE1.07%4.78%3.71%
HON0.31%1.53%1.22%

Frequently Asked Questions

Which is cheaper, QQQ or WELD?

QQQ has an expense ratio of 0.18% while WELD charges 0.75%. QQQ is the cheaper option. On a $10,000 investment, that is $57 per year of difference.

What is the holdings overlap between QQQ and WELD?

QQQ and WELD share 2 common holdings with a 1.4% weight overlap. Combined, they hold 124 unique securities.

Which pays a higher dividend, QQQ or WELD?

QQQ yields 0.41% while WELD yields 0.21%, so QQQ currently pays the higher dividend yield.

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