QQQ vs XC
Invesco QQQ Trust, Series 1 vs WisdomTree True Emerging Markets Fund
Which is better, QQQ or XC?
Large Cap Growth against Large Cap Blend.
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y and the full window. XC is less concentrated, with 19.4% 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 | XC |
|---|---|---|
| Expense Ratio | 0.18%Best | 0.32% |
| AUM | $483.5B | $81M |
| Dividend Yield | 0.44% | 11.93% |
| Holdings | 107 | 535 |
| YTD Return | +21.18%Best | -2.37% |
| 1Y Return | +24.36%Best | +1.34% |
| 3Y Return (annualized) | +27.99%Best | +11.16% |
| 5Y Return (annualized) | +15.39% | - |
| Volatility (annualized) | 17.9% | 13.9%Best |
| Max Drawdown | -22.8% | -21.0%Best |
| $10,000 over 4 years | $27,054Best | $14,968 |
| Top 10 Weight | 46.5% | 19.4%Best |
| Fund Family | Invesco (US) | WisdomTree Investments |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Blend |
| Inception | Mar 10, 1999 | Sep 22, 2022 |
Volatility and max drawdown, and the $10,000 over 4 years row, are measured over the window both funds cover: Sep 22, 2022 to Sep 23, 2026 (4 years).
QQQ vs XC 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 years both funds cover.
QQQ vs XC Performance
Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US) and WisdomTree True Emerging Markets Fund (XC) is an ETF from WisdomTree Investments. Over the past year QQQ returned +24.36% while XC returned +1.34%. Year to date, QQQ is up 21.18% versus a loss of 2.37% for XC.
Over three years, QQQ compounded at +27.99% per year against +11.16% for XC. Across the full 4-year window we track, QQQ has the edge at +28.25% annualized vs +10.61%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 17.9% compared with 13.9% for XC. 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 -21.0% for XC. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.63. They move together some of the time, and apart the rest.
Fees and Cost Over Time
QQQ charges 0.18% per year while XC charges 0.32%. On a $10,000 position that is $18 vs $32 annually, a gap of $14 per year that compounds over a long holding period. On income, QQQ currently yields 0.44% against 11.93% for XC.
Holdings Overlap
0.4% of QQQ's money is in holdings XC also owns. 4.0% of XC's money is in holdings QQQ also owns.
XC and QQQ share little of their money.
1 positions in common, counted across the 102 positions we hold weights for in QQQ and 505 in XC, against full books of 107 and 535.
What only one of them owns
Our book lists 16 positions for XC that do not appear in our book for QQQ (4.3% of the fund), and 95 for QQQ that do not appear in XC (97.1%).
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 XC | Difference |
|---|---|---|---|
| MELIMercadolibre Inc | 0.43% | 4.00% | 3.57% |
You are not choosing between two funds in isolation.
Whichever of QQQ and XC you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, QQQ or XC?
QQQ has an expense ratio of 0.18% while XC charges 0.32%. QQQ is the cheaper option, by $14 a year on a $10,000 investment.
Which performed better, QQQ or XC?
Over the past year QQQ returned +24.36% vs +1.34% for XC, so QQQ leads on 1-year performance. Over the longest common window we track (4 years), QQQ annualized +28.25% vs +10.61% for XC. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QQQ or XC?
QQQ has been the more volatile fund at 17.9% annualized versus 13.9% for XC. Worst drawdown: QQQ -22.8% vs XC -21.0%.
Should I hold both QQQ and XC?
QQQ and XC have a monthly-return correlation of 0.63, 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 XC?
4.0% of XC's money is in holdings QQQ also owns. 4.0% of XC's is in holdings QQQ also owns. They hold 1 positions in common, counted across the 102 positions we hold weights for in QQQ and 505 in XC.
Which pays a higher dividend, QQQ or XC?
QQQ yields 0.44% while XC yields 11.93%, so XC currently pays the higher dividend yield.
Is XC better than QQQ?
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y and the full window. XC is less concentrated, with 19.4% 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.