QQQ vs XNAV
Invesco QQQ Trust, Series 1 vs FundX Aggressive ETF
Which is better, QQQ or XNAV?
Large Cap Growth against Large Cap Blend.
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y and the full window. QQQ is less concentrated, with 46.5% of the fund in its ten largest positions against 61.8%.
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 | XNAV |
|---|---|---|
| Expense Ratio | 0.18%Best | 1.27% |
| AUM | $483.5B | $30M |
| Dividend Yield | 0.44% | 0.53% |
| Holdings | 107 | 22 |
| YTD Return | +21.71%Best | +13.82% |
| 1Y Return | +25.89%Best | +21.99% |
| 3Y Return (annualized) | +28.80%Best | +23.04% |
| 5Y Return (annualized) | +15.67% | - |
| Volatility (annualized) | 18.1% | 16.5%Best |
| Max Drawdown | -22.8%Best | -24.3% |
| $10,000 over 3.9 years | $27,980Best | $20,295 |
| Top 10 Weight | 46.5%Best | 61.8% |
| Fund Family | Invesco (US) | FundX Funds |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Blend |
| Inception | Mar 10, 1999 | Oct 14, 2022 |
Volatility and max drawdown, and the $10,000 over 3.9 years row, are measured over the window both funds cover: Oct 17, 2022 to Sep 25, 2026 (3.9 years).
QQQ vs XNAV 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 3.9 years both funds cover.
QQQ vs XNAV Performance
Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US) and FundX Aggressive ETF (XNAV) is an ETF from FundX Funds. Over the past year QQQ returned +25.89% while XNAV returned +21.99%. Year to date, QQQ is up 21.71% versus a gain of 13.82% for XNAV.
Over three years, QQQ compounded at +28.80% per year against +23.04% for XNAV. Across the full 4-year window we track, QQQ has the edge at +30.19% annualized vs +19.90%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 18.1% compared with 16.5% for XNAV. 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 -24.3% for XNAV. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.84. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
QQQ charges 0.18% per year while XNAV charges 1.27%. On a $10,000 position that is $18 vs $127 annually, a gap of $109 per year that compounds over a long holding period. On income, QQQ currently yields 0.44% against 0.53% for XNAV.
Holdings Overlap
We hold position weights for 102 holdings in QQQ and 21 in XNAV, totalling 99.9% and 100.0% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 102 positions we hold weights for in QQQ and 21 in XNAV, against full books of 107 and 22.
What only one of them owns
Measured across the 102 and 21 positions we hold weights for.
QQQ holds 96 positions XNAV does not, 97.5% of the fund.
Largest: NVDA 8.44%, AAPL 7.27%, MSFT 5.76%, AMZN 4.67%, MU 4.43%
You are not choosing between two funds in isolation.
Whichever of QQQ and XNAV 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 XNAV?
QQQ has an expense ratio of 0.18% while XNAV charges 1.27%. QQQ is the cheaper option, by $109 a year on a $10,000 investment.
Which performed better, QQQ or XNAV?
Over the past year QQQ returned +25.89% vs +21.99% for XNAV, so QQQ leads on 1-year performance. Over the longest common window we track (4 years), QQQ annualized +30.19% vs +19.90% for XNAV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QQQ or XNAV?
QQQ has been the more volatile fund at 18.1% annualized versus 16.5% for XNAV. Worst drawdown: QQQ -22.8% vs XNAV -24.3%.
Should I hold both QQQ and XNAV?
QQQ and XNAV have a monthly-return correlation of 0.84, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, QQQ or XNAV?
QQQ yields 0.44% while XNAV yields 0.53%, so XNAV currently pays the higher dividend yield.
Is XNAV better than QQQ?
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y and the full window. QQQ is less concentrated, with 46.5% of the fund in its ten largest positions against 61.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.