QQQ vs ZTOP
Invesco QQQ Trust, Series 1 vs F/m High Yield 100 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 | ZTOP | Winner |
|---|---|---|---|
| Expense Ratio | 0.18% | 0.39% | |
| AUM | $496.3B | $16M | |
| Dividend Yield | 0.44% | 6.30% | |
| Holdings | 108 | 102 | |
| YTD Return | +16.64% | +1.79% | |
| 1Y Return | +27.27% | +4.78% | |
| 3Y Return (annualized) | +25.96% | - | |
| 5Y Return (annualized) | +14.54% | - | |
| Volatility (annualized) | 30.6% | 2.8% | |
| Max Drawdown | -83.0% | -2.5% | |
| Fund Family | Invesco (US) | F-m investments | |
| Category | Equity | Fixed Income | |
| Inception | Mar 10, 1999 | Apr 14, 2025 |
QQQ vs ZTOP Performance
Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US) and F/m High Yield 100 ETF (ZTOP) is a ETF from F-m investments. Over the past year QQQ returned +27.27% while ZTOP returned +4.78%. Year to date, QQQ is up 16.64% versus a gain of 1.79% for ZTOP.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% compared with 2.8% for ZTOP. 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 -2.5% for ZTOP. 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 0.68. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
QQQ charges 0.18% per year while ZTOP charges 0.39%. On a $10,000 position that is $18 vs $39 annually, a gap of $21 per year that compounds over a long holding period. On income, QQQ currently yields 0.44% against 6.30% for ZTOP.
Holdings Overlap
QQQ and ZTOP share 0 holdings out of 179 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, QQQ or ZTOP?
QQQ has an expense ratio of 0.18% while ZTOP charges 0.39%. QQQ is the cheaper option. On a $10,000 investment, that is $21 per year of difference.
Which performed better, QQQ or ZTOP?
Over the past year QQQ returned +27.27% vs +4.78% for ZTOP, so QQQ leads on 1-year performance. Over the longest common window we track (1 years), QQQ annualized +13.03% vs +7.81% for ZTOP. Past performance does not guarantee future results.
Which is riskier, QQQ or ZTOP?
QQQ has been the more volatile fund at 30.6% annualized versus 2.8% for ZTOP. Worst drawdown: QQQ -83.0% vs ZTOP -2.5%.
Should I hold both QQQ and ZTOP?
QQQ and ZTOP have a monthly-return correlation of 0.68, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between QQQ and ZTOP?
QQQ and ZTOP share 0 common holdings with a 0.0% weight overlap. Combined, they hold 179 unique securities.
Which pays a higher dividend, QQQ or ZTOP?
QQQ yields 0.44% while ZTOP yields 6.30%, so ZTOP currently pays the higher dividend yield.
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