ABEQ vs QQQ
Absolute Select Value ETF vs Invesco QQQ Trust, Series 1
Which is better, ABEQ or QQQ?
Large Cap Value against Large Cap Growth.
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window.
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 | ABEQ | QQQ |
|---|---|---|
| Expense Ratio | 0.85% | 0.18%Best |
| AUM | $142M | $506.1B |
| Dividend Yield | 1.22% | 0.42% |
| Holdings | 46 | 321 |
| YTD Return | +7.41% | +19.30%Best |
| 1Y Return | +9.12% | +22.47%Best |
| 3Y Return (annualized) | +13.34% | +26.18%Best |
| 5Y Return (annualized) | +8.37% | +15.42%Best |
| Volatility (annualized) | 13.0%Best | 21.0% |
| Max Drawdown | -27.8%Best | -35.1% |
| $10,000 over 5 years | $14,947 | $20,484Best |
| Fund Family | Absolute Funds | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Growth |
| Inception | Jan 21, 2020 | Mar 10, 1999 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Jan 22, 2020 to Oct 14, 2026 (6.7 years).
ABEQ vs QQQ 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 6.7 years both funds cover.
ABEQ vs QQQ Performance
Absolute Select Value ETF (ABEQ) is an ETF from Absolute Funds and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year ABEQ returned +9.12% while QQQ returned +22.47%. Year to date, ABEQ is up 7.41% versus a gain of 19.30% for QQQ.
Over three years, ABEQ compounded at +13.34% per year against +26.18% for QQQ; over five years the annualized figures are +8.37% and +15.42% respectively. Across the full 7-year window we track, QQQ has the edge at +19.78% annualized vs +7.80%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 21.0% compared with 13.0% for ABEQ. 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 -27.8% for ABEQ and -35.1% for QQQ. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.44. They move together some of the time, and apart the rest.
Fees and Cost Over Time
ABEQ charges 0.85% per year while QQQ charges 0.18%. On a $10,000 position that is $85 vs $18 annually, a gap of $67 per year that compounds over a long holding period. On income, ABEQ currently yields 1.22% against 0.42% for QQQ.
Holdings Overlap
At least 0.4% of QQQ's money is in holdings ABEQ also owns.
Stated as a floor: for ABEQ, our book for it covers 83.1% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
We cannot see either book well enough to say how much of this pair is duplicated.
2 positions in common, counted across the 20 positions we hold weights for in ABEQ and 101 in QQQ, against full books of 46 and 321.
You are not choosing between two funds in isolation.
Whichever of ABEQ and QQQ 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, ABEQ or QQQ?
ABEQ has an expense ratio of 0.85% while QQQ charges 0.18%. QQQ is the cheaper option, by $67 a year on a $10,000 investment.
Which performed better, ABEQ or QQQ?
Over the past year ABEQ returned +9.12% vs +22.47% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (7 years), ABEQ annualized +7.80% vs +19.78% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, ABEQ or QQQ?
QQQ has been the more volatile fund at 21.0% annualized versus 13.0% for ABEQ. Worst drawdown: ABEQ -27.8% vs QQQ -35.1%.
Should I hold both ABEQ and QQQ?
ABEQ and QQQ have a monthly-return correlation of 0.44, 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, ABEQ or QQQ?
ABEQ yields 1.22% while QQQ yields 0.42%, so ABEQ currently pays the higher dividend yield.
Is QQQ better than ABEQ?
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.