QQQ vs WLDR
Invesco QQQ Trust, Series 1 vs Simplify Affinity World Leaders Equity ETF
Which is better, QQQ or WLDR?
Large Cap Growth against Large Cap Value.
QQQ has a lower expense ratio. QQQ led over the full window, WLDR over 1Y, 3Y and 5Y. WLDR is less concentrated, with 37.1% of the fund in its ten largest positions against 46.5%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | QQQ | WLDR |
|---|---|---|
| Expense Ratio | 0.18%Best | 0.67% |
| AUM | $483.5B | $98M |
| Dividend Yield | 0.44% | 1.26% |
| Holdings | 107 | 117 |
| YTD Return | +21.71% | +33.39%Best |
| 1Y Return | +25.89% | +43.32%Best |
| 3Y Return (annualized) | +28.80% | +33.76%Best |
| 5Y Return (annualized) | +15.67% | +19.00%Best |
| Volatility (annualized) | 20.1% | 18.6%Best |
| Max Drawdown | -35.1%Best | -47.1% |
| $10,000 over 5 years | $20,706 | $23,864Best |
| Top 10 Weight | 46.5% | 37.1%Best |
| Fund Family | Invesco (US) | Simplify Exchange Traded Funds |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Value |
| Inception | Mar 10, 1999 | Jan 16, 2018 |
Volatility and max drawdown are measured over the window both funds cover: Jan 17, 2018 to Sep 25, 2026 (8.7 years).
QQQ vs WLDR growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 8.7 years both funds cover.
QQQ vs WLDR Performance
Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US) and Simplify Affinity World Leaders Equity ETF (WLDR) is an ETF from Simplify Exchange Traded Funds. Over the past year QQQ returned +25.89% while WLDR returned +43.32%. Year to date, QQQ is up 21.71% versus a gain of 33.39% for WLDR.
Over three years, QQQ compounded at +28.80% per year against +33.76% for WLDR; over five years the annualized figures are +15.67% and +19.00% respectively. Across the full 9-year window we track, QQQ has the edge at +19.32% annualized vs +11.62%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 20.1% compared with 18.6% for WLDR. 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 -35.1% for QQQ and -47.1% for WLDR. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.75. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
QQQ charges 0.18% per year while WLDR charges 0.67%. On a $10,000 position that is $18 vs $67 annually, a gap of $49 per year that compounds over a long holding period. On income, QQQ currently yields 0.44% against 1.26% for WLDR.
Holdings Overlap
6.6% of QQQ's money is in holdings WLDR also owns. 14.3% of WLDR's money is in holdings QQQ also owns.
WLDR and QQQ share little of their money.
6 positions in common, counted across the 102 positions we hold weights for in QQQ and 112 in WLDR, against full books of 107 and 117.
What only one of them owns
Our book lists 56 positions for WLDR that do not appear in our book for QQQ (59.1% of the fund), and 90 for QQQ that do not appear in WLDR (91.0%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
You are not choosing between two funds in isolation.
Whichever of QQQ and WLDR you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, QQQ or WLDR?
QQQ has an expense ratio of 0.18% while WLDR charges 0.67%. QQQ is the cheaper option, by $49 a year on a $10,000 investment.
Which performed better, QQQ or WLDR?
Over the past year QQQ returned +25.89% vs +43.32% for WLDR, so WLDR leads on 1-year performance. Over the longest common window we track (9 years), QQQ annualized +19.32% vs +11.62% for WLDR. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QQQ or WLDR?
QQQ has been the more volatile fund at 20.1% annualized versus 18.6% for WLDR. Worst drawdown: QQQ -35.1% vs WLDR -47.1%.
Should I hold both QQQ and WLDR?
QQQ and WLDR have a monthly-return correlation of 0.75, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between QQQ and WLDR?
14.3% of WLDR's money is in holdings QQQ also owns. 14.3% of WLDR's is in holdings QQQ also owns. They hold 6 positions in common, counted across the 102 positions we hold weights for in QQQ and 112 in WLDR.
Which pays a higher dividend, QQQ or WLDR?
QQQ yields 0.44% while WLDR yields 1.26%, so WLDR currently pays the higher dividend yield.
Is WLDR better than QQQ?
QQQ has a lower expense ratio. QQQ led over the full window, WLDR over 1Y, 3Y and 5Y. WLDR is less concentrated, with 37.1% of the fund in its ten largest positions against 46.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.