QQQ vs WRND
Invesco QQQ Trust, Series 1 vs NYLIM Global Equity R&D Leaders ETF
Which is better, QQQ or WRND?
QQQ has been ahead.
QQQ led over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 0.91. QQQ is less concentrated, with 46.5% of the fund in its ten largest positions against 49.5%.
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 | WRND |
|---|---|---|
| Expense Ratio | 0.18%Tie | 0.18%Tie |
| AUM | $483.5B | $11M |
| Dividend Yield | 0.44% | 0.90% |
| Holdings | 107 | 209 |
| YTD Return | +16.87%Best | +15.08% |
| 1Y Return | +22.98%Best | +21.36% |
| 3Y Return (annualized) | +24.98%Best | +21.31% |
| 5Y Return (annualized) | +14.39% | - |
| Volatility (annualized) | 20.9% | 17.1%Best |
| Max Drawdown | -29.6% | -27.2%Best |
| $10,000 over 4.6 years | $20,501Best | $18,315 |
| Top 10 Weight | 46.5%Best | 49.5% |
| Fund Family | Invesco (US) | New York Life Investments |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | Mar 10, 1999 | Feb 8, 2022 |
Volatility and max drawdown, and the $10,000 over 4.6 years row, are measured over the window both funds cover: Feb 8, 2022 to Sep 11, 2026 (4.6 years).
QQQ vs WRND 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 4.6 years both funds cover.
QQQ vs WRND Performance
Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US) and NYLIM Global Equity R&D Leaders ETF (WRND) is an ETF from New York Life Investments. Over the past year QQQ returned +22.98% while WRND returned +21.36%. Year to date, QQQ is up 16.87% versus a gain of 15.08% for WRND.
Over three years, QQQ compounded at +24.98% per year against +21.31% for WRND.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 20.9% compared with 17.1% for WRND. 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 -29.6% for QQQ and -27.2% for WRND. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.91. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
QQQ charges 0.18% per year while WRND charges 0.18%. On a $10,000 position that is $18 vs $18 annually. On income, QQQ currently yields 0.44% against 0.90% for WRND.
Holdings Overlap
60.4% of QQQ's money is in holdings WRND also owns. 50.8% of WRND's money is in holdings QQQ also owns.
The two portfolios partly overlap.
40 positions in common, counted across the 102 positions we hold weights for in QQQ and 202 in WRND, against full books of 107 and 209.
What only one of them owns
Our book lists 46 positions for WRND that do not appear in our book for QQQ (11.9% of the fund), and 56 for QQQ that do not appear in WRND (37.3%).
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
| Stock | Weight in QQQ | Weight in WRND | Difference |
|---|---|---|---|
| NVDANvidia Corp. | 8.44% | 6.89% | 1.55% |
| AAPLApple, Inc | 7.27% | 5.60% | 1.67% |
| GOOGLAlphabet A Usd 0.001 | 3.36% | 8.05% | 4.69% |
| MSFTMicrosoft Corp 4.100 Feb 06 37 | 5.76% | 5.31% | 0.45% |
| AMZNAmazon.Com Inc | 4.67% | 4.77% | 0.10% |
| AVGOBroadcom Inc | 3.16% | 2.83% | 0.33% |
| METAMeta Platforms, Inc. | 2.78% | 2.90% | 0.12% |
| ASML:ASAsml Holding Adr Representing Nv | 0.68% | 4.04% | 3.36% |
| AMDAdvanced Micro Devices Inc. | 3.45% | 1.23% | 2.22% |
| CSCOCisco Systems Inc. - Ordinary Shares | 2.10% | 0.69% | 1.41% |
60.4% of QQQ is already inside WRND.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, QQQ or WRND?
QQQ has an expense ratio of 0.18% while WRND charges 0.18%. At the precision these are quoted to, they cost the same.
Which performed better, QQQ or WRND?
Over the past year QQQ returned +22.98% vs +21.36% for WRND, so QQQ leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QQQ or WRND?
QQQ has been the more volatile fund at 20.9% annualized versus 17.1% for WRND. Worst drawdown: QQQ -29.6% vs WRND -27.2%.
Should I hold both QQQ and WRND?
QQQ and WRND have a monthly-return correlation of 0.91, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between QQQ and WRND?
60.4% of QQQ's money is in holdings WRND also owns. 50.8% of WRND's is in holdings QQQ also owns. They hold 40 positions in common, counted across the 102 positions we hold weights for in QQQ and 202 in WRND.
Which pays a higher dividend, QQQ or WRND?
QQQ yields 0.44% while WRND yields 0.90%, so WRND currently pays the higher dividend yield.
Is WRND better than QQQ?
QQQ led over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 0.91. QQQ is less concentrated, with 46.5% of the fund in its ten largest positions against 49.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.