QQQ vs XAIX

QQQ vs XAIX

Which is better, QQQ or XAIX?

Large Cap Growth against Large Cap Blend.

QQQ has a lower expense ratio. XAIX led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.94. XAIX is less concentrated, with 44.4% of the fund in its ten largest positions against 46.5%.

Lower Fees: QQQHigher Returns: XAIXLess Concentrated: XAIX

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

MetricQQQXAIX
Expense Ratio0.18%Best0.35%
AUM$483.5B$173M
Dividend Yield0.44%0.39%
Holdings107106
YTD Return+15.94%+33.02%Best
1Y Return+20.44%+40.68%Best
3Y Return (annualized)+24.86%-
5Y Return (annualized)+14.26%-
Volatility (annualized)18.2%Best25.7%
Max Drawdown-22.8%Best-23.9%
$10,000 over 2.1 years$15,911$19,847Best
Top 10 Weight46.5%44.4%Best
Fund FamilyInvesco (US)Xtrackers ETFs
CategoryEquityEquity
StyleLarge Cap GrowthLarge Cap Blend
InceptionMar 10, 1999Jun 4, 2024

Volatility and max drawdown, and the $10,000 over 2.1 years row, are measured over the window both funds cover: Aug 2, 2024 to Sep 14, 2026 (2.1 years).

QQQ vs XAIX 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 2.1 years both funds cover.

QQQ vs XAIX Performance

Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US) and Xtrackers Artificial Intelligence and Big Data ETF (XAIX) is an ETF from Xtrackers ETFs. Over the past year QQQ returned +20.44% while XAIX returned +40.68%. Year to date, QQQ is up 15.94% versus a gain of 33.02% for XAIX.

Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

XAIX has been the more volatile fund, with annualized monthly volatility of 25.7% compared with 18.2% 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 -22.8% for QQQ and -23.9% for XAIX. Drawdown depth is what each fund did in the worst stretch of the window measured above.

The two funds' monthly returns correlate at 0.94. 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 XAIX charges 0.35%. On a $10,000 position that is $18 vs $35 annually, a gap of $17 per year that compounds over a long holding period. On income, QQQ currently yields 0.44% against 0.39% for XAIX.

Holdings Overlap

QQQ already in XAIX52.9%
XAIX already in QQQ58.1%

52.9% of QQQ's money is in holdings XAIX also owns. 58.1% of XAIX's money is in holdings QQQ also owns.

The two portfolios partly overlap.

18 positions in common, counted across the 102 positions we hold weights for in QQQ and 101 in XAIX, against full books of 107 and 106.

What only one of them owns

Our book lists 45 positions for XAIX that do not appear in our book for QQQ (25.6% of the fund), and 78 for QQQ that do not appear in XAIX (44.6%).

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

StockWeight in QQQWeight in XAIXDifference
NVDANvidia Corp8.44%4.92%3.52%
AAPLApple, Inc7.27%4.93%2.34%
MSFTMicrosoft Corp5.76%5.86%0.10%
AMZNAmazon.Com Inc4.67%4.70%0.03%
MUMicron Technology, Inc.4.43%3.63%0.80%
GOOGLAlphabet Inc,class A3.36%4.14%0.78%
METAMeta Platforms Inc2.78%4.62%1.84%
AMDAdvanced Micro Devices Inc3.45%3.46%0.01%
WMTWalmart, Inc.2.41%4.11%1.70%
CSCOCisco Systems Inc. - Ordinary Shares2.10%3.67%1.57%

58.1% of XAIX 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.

QQQXAIX

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Frequently Asked Questions

Which is cheaper, QQQ or XAIX?

QQQ has an expense ratio of 0.18% while XAIX charges 0.35%. QQQ is the cheaper option, by $17 a year on a $10,000 investment.

Which performed better, QQQ or XAIX?

Over the past year QQQ returned +20.44% vs +40.68% for XAIX, so XAIX leads on 1-year performance. Over the longest common window we track (2 years), QQQ annualized +24.75% vs +38.60% for XAIX. Past performance does not guarantee future results. This is information, not a recommendation.

Which is riskier, QQQ or XAIX?

XAIX has been the more volatile fund at 25.7% annualized versus 18.2% for QQQ. Worst drawdown: QQQ -22.8% vs XAIX -23.9%.

Should I hold both QQQ and XAIX?

QQQ and XAIX have a monthly-return correlation of 0.94, 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 XAIX?

58.1% of XAIX's money is in holdings QQQ also owns. 58.1% of XAIX's is in holdings QQQ also owns. They hold 18 positions in common, counted across the 102 positions we hold weights for in QQQ and 101 in XAIX.

Which pays a higher dividend, QQQ or XAIX?

QQQ yields 0.44% while XAIX yields 0.39%, so QQQ currently pays the higher dividend yield.

Is XAIX better than QQQ?

QQQ has a lower expense ratio. XAIX led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.94. XAIX is less concentrated, with 44.4% 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.