QQQ vs WUGI
Invesco QQQ Trust, Series 1 vs AXS Esoterica NextG Economy ETF
Which is better, QQQ or WUGI?
QQQ has been ahead.
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window. QQQ is less concentrated, with 46.5% of the fund in its ten largest positions against 58.3%.
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 | WUGI |
|---|---|---|
| Expense Ratio | 0.18%Best | 0.84% |
| AUM | $483.5B | $31M |
| Dividend Yield | 0.44% | 0.24% |
| Holdings | 107 | 34 |
| YTD Return | +15.86%Best | +15.69% |
| 1Y Return | +22.63%Best | -4.15% |
| 3Y Return (annualized) | +24.15%Best | +22.98% |
| 5Y Return (annualized) | +14.16%Best | +7.74% |
| Volatility (annualized) | 20.8%Best | 28.6% |
| Max Drawdown | -35.1%Best | -56.4% |
| $10,000 over 5 years | $19,390Best | $14,517 |
| Top 10 Weight | 46.5%Best | 58.3% |
| Fund Family | Invesco (US) | AXS Investments |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | Mar 10, 1999 | Mar 31, 2020 |
Volatility and max drawdown are measured over the window both funds cover: Mar 31, 2020 to Sep 10, 2026 (6.4 years).
QQQ vs WUGI 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 6.4 years both funds cover.
QQQ vs WUGI Performance
Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US) and AXS Esoterica NextG Economy ETF (WUGI) is an ETF from AXS Investments. Over the past year QQQ returned +22.63% while WUGI returned -4.15%. Year to date, QQQ is up 15.86% versus a gain of 15.69% for WUGI.
Over three years, QQQ compounded at +24.15% per year against +22.98% for WUGI; over five years the annualized figures are +14.16% and +7.74% respectively. Across the full 6-year window we track, QQQ has the edge at +23.24% annualized vs +20.92%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
WUGI has been the more volatile fund, with annualized monthly volatility of 28.6% compared with 20.8% 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 -56.4% for WUGI. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.88. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
QQQ charges 0.18% per year while WUGI charges 0.84%. On a $10,000 position that is $18 vs $84 annually, a gap of $66 per year that compounds over a long holding period. On income, QQQ currently yields 0.44% against 0.24% for WUGI.
Holdings Overlap
39.7% of QQQ's money is in holdings WUGI also owns. 68.7% of WUGI's money is in holdings QQQ also owns.
The two portfolios partly overlap.
19 positions in common, counted across the 102 positions we hold weights for in QQQ and 31 in WUGI, against full books of 107 and 34.
What only one of them owns
Our book lists 9 positions for WUGI that do not appear in our book for QQQ (20.5% of the fund), and 77 for QQQ that do not appear in WUGI (58.1%).
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 WUGI | Difference |
|---|---|---|---|
| NVDANvidia Corp. | 8.44% | 6.12% | 2.32% |
| MUMicron Technology, Inc. | 4.43% | 6.92% | 2.49% |
| AMZNAmazon.Com Inc | 4.67% | 5.67% | 1.00% |
| AMDAdvanced Micro Devices Inc. | 3.45% | 5.10% | 1.65% |
| GOOGAlphabet Inc | 3.13% | 4.70% | 1.57% |
| AMATApplied Materials, Inc. | 1.86% | 5.94% | 4.08% |
| AVGOBroadcom Inc | 3.16% | 4.37% | 1.21% |
| ASML:ASAsml Holding Adr Representing Nv | 0.68% | 6.51% | 5.83% |
| INTCIntel Corp. | 2.23% | 3.70% | 1.47% |
| MRVLMarvell Technology Group Ltd | 0.81% | 4.76% | 3.95% |
68.7% of WUGI 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 WUGI?
QQQ has an expense ratio of 0.18% while WUGI charges 0.84%. QQQ is the cheaper option, by $66 a year on a $10,000 investment.
Which performed better, QQQ or WUGI?
Over the past year QQQ returned +22.63% vs -4.15% for WUGI, so QQQ leads on 1-year performance. Over the longest common window we track (6 years), QQQ annualized +23.24% vs +20.92% for WUGI. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QQQ or WUGI?
WUGI has been the more volatile fund at 28.6% annualized versus 20.8% for QQQ. Worst drawdown: QQQ -35.1% vs WUGI -56.4%.
Should I hold both QQQ and WUGI?
QQQ and WUGI have a monthly-return correlation of 0.88, 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 WUGI?
68.7% of WUGI's money is in holdings QQQ also owns. 68.7% of WUGI's is in holdings QQQ also owns. They hold 19 positions in common, counted across the 102 positions we hold weights for in QQQ and 31 in WUGI.
Which pays a higher dividend, QQQ or WUGI?
QQQ yields 0.44% while WUGI yields 0.24%, so QQQ currently pays the higher dividend yield.
Is WUGI better than QQQ?
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window. QQQ is less concentrated, with 46.5% of the fund in its ten largest positions against 58.3%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.