QQQ vs ZAP
Invesco QQQ Trust, Series 1 vs Global X US Electrification 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 | ZAP | Winner |
|---|---|---|---|
| Expense Ratio | 0.18% | 0.50% | |
| AUM | $496.3B | $475M | |
| Dividend Yield | 0.44% | 1.67% | |
| Holdings | 108 | 47 | |
| YTD Return | +16.64% | +7.63% | |
| 1Y Return | +27.27% | +15.06% | |
| 3Y Return (annualized) | +25.96% | - | |
| 5Y Return (annualized) | +14.54% | - | |
| Volatility (annualized) | 30.6% | 15.3% | |
| Max Drawdown | -83.0% | -11.9% | |
| Fund Family | Invesco (US) | Global X by mirae Asset | |
| Category | Equity | Equity | |
| Inception | Mar 10, 1999 | Dec 17, 2024 |
QQQ vs ZAP Performance
Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US) and Global X US Electrification ETF (ZAP) is a ETF from Global X by mirae Asset. Over the past year QQQ returned +27.27% while ZAP returned +15.06%. Year to date, QQQ is up 16.64% versus a gain of 7.63% for ZAP.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% compared with 15.3% for ZAP. 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 -11.9% for ZAP. 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 0.48. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
QQQ charges 0.18% per year while ZAP 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 1.67% for ZAP.
Holdings Overlap
QQQ and ZAP share 4 holdings out of 143 unique holdings combined, representing a 1.1% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, QQQ or ZAP?
QQQ has an expense ratio of 0.18% while ZAP charges 0.50%. QQQ is the cheaper option. On a $10,000 investment, that is $32 per year of difference.
Which performed better, QQQ or ZAP?
Over the past year QQQ returned +27.27% vs +15.06% for ZAP, so QQQ leads on 1-year performance. Over the longest common window we track (2 years), QQQ annualized +13.03% vs +20.62% for ZAP. Past performance does not guarantee future results.
Which is riskier, QQQ or ZAP?
QQQ has been the more volatile fund at 30.6% annualized versus 15.3% for ZAP. Worst drawdown: QQQ -83.0% vs ZAP -11.9%.
Should I hold both QQQ and ZAP?
QQQ and ZAP have a monthly-return correlation of 0.48, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between QQQ and ZAP?
QQQ and ZAP share 4 common holdings with a 1.1% weight overlap. Combined, they hold 143 unique securities.
Which pays a higher dividend, QQQ or ZAP?
QQQ yields 0.44% while ZAP yields 1.67%, so ZAP currently pays the higher dividend yield.
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