QQQ vs WTAI
Invesco QQQ Trust, Series 1 vs WisdomTree Artificial Intelligence and Innovation Fund ETF
Which is better, QQQ or WTAI?
Each has led over a different period.
QQQ has a lower expense ratio. QQQ led over the full window, WTAI over 1Y and 3Y. The two have moved almost in lockstep, correlation 0.90. WTAI is less concentrated, with 39.0% 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 | WTAI |
|---|---|---|
| Expense Ratio | 0.18%Best | 0.45% |
| AUM | $483.5B | $704M |
| Dividend Yield | 0.44% | 1.29% |
| Holdings | 107 | 61 |
| YTD Return | +16.87% | +41.43%Best |
| 1Y Return | +22.98% | +52.07%Best |
| 3Y Return (annualized) | +24.98% | +32.22%Best |
| 5Y Return (annualized) | +14.39% | - |
| Volatility (annualized) | 21.2%Best | 33.0% |
| Max Drawdown | -35.1%Best | -45.9% |
| $10,000 over 4.8 years | $18,796Best | $17,052 |
| Top 10 Weight | 46.5% | 39.0%Best |
| Fund Family | Invesco (US) | WisdomTree Investments |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | Mar 10, 1999 | Dec 9, 2021 |
Volatility and max drawdown, and the $10,000 over 4.8 years row, are measured over the window both funds cover: Dec 9, 2021 to Sep 11, 2026 (4.8 years).
QQQ vs WTAI 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 4.8 years both funds cover.
QQQ vs WTAI Performance
Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US) and WisdomTree Artificial Intelligence and Innovation Fund ETF (WTAI) is an ETF from WisdomTree Investments. Over the past year QQQ returned +22.98% while WTAI returned +52.07%. Year to date, QQQ is up 16.87% versus a gain of 41.43% for WTAI.
Over three years, QQQ compounded at +24.98% per year against +32.22% for WTAI.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
WTAI has been the more volatile fund, with annualized monthly volatility of 33.0% compared with 21.2% 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 -35.1% for QQQ and -45.9% for WTAI. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.90. 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 WTAI 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 1.29% for WTAI.
Holdings Overlap
47.8% of QQQ's money is in holdings WTAI also owns. 58.7% of WTAI's money is in holdings QQQ also owns.
The two portfolios partly overlap.
26 positions in common, counted across the 102 positions we hold weights for in QQQ and 49 in WTAI, against full books of 107 and 61.
What only one of them owns
Our book lists 12 positions for WTAI that do not appear in our book for QQQ (18.5% of the fund), and 70 for QQQ that do not appear in WTAI (49.9%).
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 WTAI | Difference |
|---|---|---|---|
| NVDANvidia Corp. | 8.44% | 5.18% | 3.26% |
| AMZNAmazon.Com Inc | 4.67% | 4.48% | 0.19% |
| MUMicron Technology, Inc. | 4.43% | 4.53% | 0.10% |
| GOOGLAlphabet A Usd 0.001 | 3.36% | 3.61% | 0.25% |
| METAMeta Platforms, Inc. | 2.78% | 3.83% | 1.05% |
| AVGOBroadcom Inc | 3.16% | 3.41% | 0.25% |
| AMDAdvanced Micro Devices Inc. | 3.45% | 2.12% | 1.33% |
| PANWPalo Alto Networks Inc. | 1.30% | 3.69% | 2.39% |
| CSCOCisco Systems Inc. - Ordinary Shares | 2.10% | 2.04% | 0.06% |
| LRCXLam Research Corpcommon Stock | 1.69% | 2.31% | 0.62% |
58.7% of WTAI is already inside QQQ.
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 WTAI?
QQQ has an expense ratio of 0.18% while WTAI charges 0.45%. QQQ is the cheaper option, by $27 a year on a $10,000 investment.
Which performed better, QQQ or WTAI?
Over the past year QQQ returned +22.98% vs +52.07% for WTAI, so WTAI leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QQQ or WTAI?
WTAI has been the more volatile fund at 33.0% annualized versus 21.2% for QQQ. Worst drawdown: QQQ -35.1% vs WTAI -45.9%.
Should I hold both QQQ and WTAI?
QQQ and WTAI have a monthly-return correlation of 0.90, 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 WTAI?
58.7% of WTAI's money is in holdings QQQ also owns. 58.7% of WTAI's is in holdings QQQ also owns. They hold 26 positions in common, counted across the 102 positions we hold weights for in QQQ and 49 in WTAI.
Which pays a higher dividend, QQQ or WTAI?
QQQ yields 0.44% while WTAI yields 1.29%, so WTAI currently pays the higher dividend yield.
Is WTAI better than QQQ?
QQQ has a lower expense ratio. QQQ led over the full window, WTAI over 1Y and 3Y. The two have moved almost in lockstep, correlation 0.90. WTAI is less concentrated, with 39.0% 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.