QQQ vs XDAT
Invesco QQQ Trust, Series 1 vs Franklin Exponential Data ETF
Which is better, QQQ or XDAT?
Large Cap Growth against All Cap Blend.
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 57.3%.
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 | XDAT |
|---|---|---|
| Expense Ratio | 0.18%Best | 0.50% |
| AUM | $483.5B | $4M |
| Dividend Yield | 0.44% | 0.00% |
| Holdings | 107 | 61 |
| YTD Return | +17.95%Best | +6.54% |
| 1Y Return | +21.77%Best | -4.82% |
| 3Y Return (annualized) | +25.63%Best | +13.73% |
| 5Y Return (annualized) | +15.24%Best | -0.72% |
| Volatility (annualized) | 20.1%Best | 24.1% |
| Max Drawdown | -35.1%Best | -54.9% |
| $10,000 over 5 years | $20,324Best | $9,645 |
| Top 10 Weight | 46.5%Best | 57.3% |
| Fund Family | Invesco (US) | Franklin Templeton Investments (US) |
| Category | Equity | Equity |
| Style | Large Cap Growth | All Cap Blend |
| Inception | Mar 10, 1999 | Jan 12, 2021 |
Volatility and max drawdown are measured over the window both funds cover: Jan 14, 2021 to Sep 18, 2026 (5.7 years).
QQQ vs XDAT 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 5.7 years both funds cover.
QQQ vs XDAT Performance
Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US) and Franklin Exponential Data ETF (XDAT) is an ETF from Franklin Templeton Investments (US). Over the past year QQQ returned +21.77% while XDAT returned -4.82%. Year to date, QQQ is up 17.95% versus a gain of 6.54% for XDAT.
Over three years, QQQ compounded at +25.63% per year against +13.73% for XDAT; over five years the annualized figures are +15.24% and -0.72% respectively. Across the full 6-year window we track, QQQ has the edge at +16.43% annualized vs +1.55%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
XDAT has been the more volatile fund, with annualized monthly volatility of 24.1% compared with 20.1% 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 -54.9% for XDAT. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.80. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
QQQ charges 0.18% per year while XDAT charges 0.50%. On a $10,000 position that is $18 vs $50 annually, a gap of $32 per year that compounds over a long holding period. On income, QQQ currently yields 0.44% against 0.00% for XDAT.
Holdings Overlap
22.2% of QQQ's money is in holdings XDAT also owns. 45.8% of XDAT's money is in holdings QQQ also owns.
The two portfolios partly overlap.
17 positions in common, counted across the 102 positions we hold weights for in QQQ and 61 in XDAT, against full books of 107 and 61.
What only one of them owns
Our book lists 38 positions for XDAT that do not appear in our book for QQQ (50.4% of the fund), and 79 for QQQ that do not appear in XDAT (75.4%).
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 XDAT | Difference |
|---|---|---|---|
| GOOGLAlphabet Inc,class A | 3.36% | 8.45% | 5.09% |
| MSFTMicrosoft Corp | 5.76% | 4.41% | 1.35% |
| METAMeta Platforms Inc | 2.78% | 5.96% | 3.18% |
| PANWPalo Alto Networks, Inc | 1.30% | 4.63% | 3.33% |
| CRWDCrowdstrike Holdings Inc | 0.94% | 4.84% | 3.90% |
| PLTRPalantir Technologies Inc | 1.60% | 2.75% | 1.15% |
| DDOGDatadog Inc | 0.41% | 3.41% | 3.00% |
| APPAppLovin Corp. Com Cl A | 0.56% | 2.77% | 2.21% |
| TMUST-Mobile Usa Inc Esrw Usd Npv Ref Sm#585558 | 0.82% | 1.59% | 0.77% |
| SNDKSandisk Corp/De | 0.88% | 1.39% | 0.51% |
45.8% of XDAT 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 XDAT?
QQQ has an expense ratio of 0.18% while XDAT charges 0.50%. QQQ is the cheaper option, by $32 a year on a $10,000 investment.
Which performed better, QQQ or XDAT?
Over the past year QQQ returned +21.77% vs -4.82% for XDAT, so QQQ leads on 1-year performance. Over the longest common window we track (6 years), QQQ annualized +16.43% vs +1.55% for XDAT. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QQQ or XDAT?
XDAT has been the more volatile fund at 24.1% annualized versus 20.1% for QQQ. Worst drawdown: QQQ -35.1% vs XDAT -54.9%.
Should I hold both QQQ and XDAT?
QQQ and XDAT have a monthly-return correlation of 0.80, 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 XDAT?
45.8% of XDAT's money is in holdings QQQ also owns. 45.8% of XDAT's is in holdings QQQ also owns. They hold 17 positions in common, counted across the 102 positions we hold weights for in QQQ and 61 in XDAT.
Which pays a higher dividend, QQQ or XDAT?
QQQ yields 0.44% while XDAT yields 0.00%, so QQQ currently pays the higher dividend yield.
Is XDAT 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 57.3%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.