AIFD vs QQQ
TCW Artificial Intelligence ETF vs Invesco QQQ Trust, Series 1
Which is better, AIFD or QQQ?
Large Cap Blend against Large Cap Growth.
QQQ has a lower expense ratio. AIFD led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.94. QQQ is less concentrated, with 46.7% of the fund in its ten largest positions against 52.9%.
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 | AIFD | QQQ |
|---|---|---|
| Expense Ratio | 0.75% | 0.18%Best |
| AUM | $143M | $506.1B |
| Dividend Yield | 0.00% | 0.42% |
| Holdings | 68 | 321 |
| YTD Return | +34.34%Best | +19.30% |
| 1Y Return | +43.60%Best | +22.47% |
| 3Y Return (annualized) | - | +26.18% |
| 5Y Return (annualized) | - | +15.42% |
| Volatility (annualized) | 26.0% | 17.4%Best |
| Max Drawdown | -33.2% | -22.8%Best |
| $10,000 over 2.4 years | $19,887Best | $16,641 |
| Top 10 Weight | 52.9% | 46.7%Best |
| Fund Family | TCW ETFs | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Growth |
| Inception | May 6, 2024 | Mar 10, 1999 |
Volatility and max drawdown, and the $10,000 over 2.4 years row, are measured over the window both funds cover: May 7, 2024 to Oct 14, 2026 (2.4 years).
AIFD 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 2.4 years both funds cover.
AIFD vs QQQ Performance
TCW Artificial Intelligence ETF (AIFD) is an ETF from TCW ETFs and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year AIFD returned +43.60% while QQQ returned +22.47%. Year to date, AIFD is up 34.34% versus a gain of 19.30% for QQQ.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
AIFD has been the more volatile fund, with annualized monthly volatility of 26.0% compared with 17.4% for QQQ. 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 -33.2% for AIFD and -22.8% 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 0.94. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
AIFD charges 0.75% per year while QQQ charges 0.18%. On a $10,000 position that is $75 vs $18 annually, a gap of $57 per year that compounds over a long holding period. On income, AIFD currently yields 0.00% against 0.42% for QQQ.
Holdings Overlap
57.9% of AIFD's money is in holdings QQQ also owns. 35.2% of QQQ's money is in holdings AIFD also owns.
The two portfolios partly overlap.
16 positions in common, counted across the 34 positions we hold weights for in AIFD and 101 in QQQ, against full books of 68 and 321.
What only one of them owns
Our book lists 78 positions for QQQ that do not appear in our book for AIFD (61.4% of the fund), and 14 for AIFD that do not appear in QQQ (29.9%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in AIFD | Weight in QQQ | Difference |
|---|---|---|---|
| NVDANvidia Corp | 7.00% | 8.33% | 1.33% |
| MUMicron Technology, Inc. | 6.40% | 5.02% | 1.38% |
| GOOGLAlphabet Inc | 4.57% | 3.05% | 1.52% |
| AMZNAmazon.Com Inc | 3.42% | 4.07% | 0.65% |
| AVGOBroadcom Inc | 4.72% | 2.53% | 2.19% |
| PANWPalo Alto Networks, Inc | 5.66% | 1.35% | 4.31% |
| MRVLMarvell Technology Inc | 5.37% | 0.97% | 4.40% |
| LITELumentum Holdings Inc | 5.82% | 0.36% | 5.46% |
| TSLATesla Inc | 1.69% | 2.82% | 1.13% |
| KLACKla-tencor | 3.24% | 1.06% | 2.18% |
57.9% of AIFD is already inside QQQ.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, AIFD or QQQ?
AIFD has an expense ratio of 0.75% while QQQ charges 0.18%. QQQ is the cheaper option, by $57 a year on a $10,000 investment.
Which performed better, AIFD or QQQ?
Over the past year AIFD returned +43.60% vs +22.47% for QQQ, so AIFD leads on 1-year performance. Over the longest common window we track (2 years), AIFD annualized +33.17% vs +23.64% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, AIFD or QQQ?
AIFD has been the more volatile fund at 26.0% annualized versus 17.4% for QQQ. Worst drawdown: AIFD -33.2% vs QQQ -22.8%.
Should I hold both AIFD and QQQ?
AIFD and QQQ have a monthly-return correlation of 0.94, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between AIFD and QQQ?
57.9% of AIFD's money is in holdings QQQ also owns. 35.2% of QQQ's is in holdings AIFD also owns. They hold 16 positions in common, counted across the 34 positions we hold weights for in AIFD and 101 in QQQ.
Which pays a higher dividend, AIFD or QQQ?
AIFD yields 0.00% while QQQ yields 0.42%, so QQQ currently pays the higher dividend yield.
Is QQQ better than AIFD?
QQQ has a lower expense ratio. AIFD led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.94. QQQ is less concentrated, with 46.7% of the fund in its ten largest positions against 52.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.