QQQ vs WTPI
Invesco QQQ Trust, Series 1 vs WisdomTree Equity Premium Income Fund
Quick Verdict
QQQ has a lower expense ratio. QQQ delivered stronger 1-year returns. QQQ offers more diversification with 103 holdings.
Side-by-Side Comparison
| Metric | QQQ | WTPI | Winner |
|---|---|---|---|
| Expense Ratio | 0.18% | 0.44% | |
| AUM | $455.8B | $491M | |
| Dividend Yield | 0.41% | 12.25% | |
| Holdings | 108 | 7 | |
| YTD Return | +17.46% | +6.56% | |
| 1Y Return | +26.02% | +15.81% | |
| 3Y Return (annualized) | +25.51% | +13.55% | |
| 5Y Return (annualized) | +15.12% | +9.57% | |
| Volatility (annualized) | 30.6% | 10.7% | |
| Max Drawdown | -83.0% | -32.3% | |
| Fund Family | Invesco (US) | WisdomTree Investments | |
| Category | Equity | Alternative | |
| Inception | Mar 10, 1999 | Feb 24, 2016 |
QQQ vs WTPI Performance
Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US) and WisdomTree Equity Premium Income Fund (WTPI) is a ETF from WisdomTree Investments. Over the past year QQQ returned +26.02% while WTPI returned +15.81%. Year to date, QQQ is up 17.46% versus a gain of 6.56% for WTPI.
Over three years, QQQ compounded at +25.51% per year against +13.55% for WTPI; over five years the annualized figures are +15.12% and +9.57% respectively. Across the full 11-year window we track, QQQ has the edge at +13.08% annualized vs +7.04%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% compared with 10.7% for WTPI. 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 -32.3% for WTPI. 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 0.76. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
QQQ charges 0.18% per year while WTPI charges 0.44%. On a $10,000 position that is $18 vs $44 annually, a gap of $26 per year that compounds over a long holding period. On income, QQQ currently yields 0.41% against 12.25% for WTPI.
Holdings Overlap
QQQ and WTPI share 0 holdings out of 105 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, QQQ or WTPI?
QQQ has an expense ratio of 0.18% while WTPI charges 0.44%. QQQ is the cheaper option. On a $10,000 investment, that is $26 per year of difference.
Which performed better, QQQ or WTPI?
Over the past year QQQ returned +26.02% vs +15.81% for WTPI, so QQQ leads on 1-year performance. Over the longest common window we track (11 years), QQQ annualized +13.08% vs +7.04% for WTPI. Past performance does not guarantee future results.
Which is riskier, QQQ or WTPI?
QQQ has been the more volatile fund at 30.6% annualized versus 10.7% for WTPI. Worst drawdown: QQQ -83.0% vs WTPI -32.3%.
Should I hold both QQQ and WTPI?
QQQ and WTPI have a monthly-return correlation of 0.76, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between QQQ and WTPI?
QQQ and WTPI share 0 common holdings with a 0.0% weight overlap. Combined, they hold 105 unique securities.
Which pays a higher dividend, QQQ or WTPI?
QQQ yields 0.41% while WTPI yields 12.25%, so WTPI currently pays the higher dividend yield.
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