QQQ vs XOVR
Invesco QQQ Trust, Series 1 vs ERShares Private-Public Crossover ETF
Quick Verdict
QQQ has a lower expense ratio. QQQ delivered stronger 1-year returns. QQQ offers more diversification with 108 holdings.
Side-by-Side Comparison
| Metric | QQQ | XOVR | Winner |
|---|---|---|---|
| Expense Ratio | 0.18% | 1.81% | |
| AUM | $496.3B | $1.9B | |
| Dividend Yield | 0.44% | 0.00% | |
| Holdings | 108 | 33 | |
| YTD Return | +16.64% | +1.90% | |
| 1Y Return | +27.27% | +5.22% | |
| 3Y Return (annualized) | +25.96% | +20.43% | |
| 5Y Return (annualized) | +14.54% | +4.56% | |
| Volatility (annualized) | 30.6% | 24.1% | |
| Max Drawdown | -83.0% | -56.3% | |
| Fund Family | Invesco (US) | ERShares | |
| Category | Equity | Equity | |
| Inception | Mar 10, 1999 | Nov 7, 2017 |
QQQ vs XOVR Performance
Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US) and ERShares Private-Public Crossover ETF (XOVR) is a ETF from ERShares. Over the past year QQQ returned +27.27% while XOVR returned +5.22%. Year to date, QQQ is up 16.64% versus a gain of 1.90% for XOVR.
Over three years, QQQ compounded at +25.96% per year against +20.43% for XOVR; over five years the annualized figures are +14.54% and +4.56% respectively. Across the full 9-year window we track, QQQ has the edge at +13.03% annualized vs +10.44%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% compared with 24.1% for XOVR. 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 -83.0% for QQQ and -56.3% for XOVR. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.89. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
QQQ charges 0.18% per year while XOVR charges 1.81%. On a $10,000 position that is $18 vs $181 annually, a gap of $163 per year that compounds over a long holding period. On income, QQQ currently yields 0.44% against 0.00% for XOVR.
Holdings Overlap
QQQ and XOVR share 11 holdings out of 121 unique holdings combined, representing a 18.5% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, QQQ or XOVR?
QQQ has an expense ratio of 0.18% while XOVR charges 1.81%. QQQ is the cheaper option. On a $10,000 investment, that is $163 per year of difference.
Which performed better, QQQ or XOVR?
Over the past year QQQ returned +27.27% vs +5.22% for XOVR, so QQQ leads on 1-year performance. Over the longest common window we track (9 years), QQQ annualized +13.03% vs +10.44% for XOVR. Past performance does not guarantee future results.
Which is riskier, QQQ or XOVR?
QQQ has been the more volatile fund at 30.6% annualized versus 24.1% for XOVR. Worst drawdown: QQQ -83.0% vs XOVR -56.3%.
Should I hold both QQQ and XOVR?
QQQ and XOVR have a monthly-return correlation of 0.89, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between QQQ and XOVR?
QQQ and XOVR share 11 common holdings with a 18.5% weight overlap. Combined, they hold 121 unique securities.
Which pays a higher dividend, QQQ or XOVR?
QQQ yields 0.44% while XOVR yields 0.00%, so QQQ currently pays the higher dividend yield.
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