AOTG vs QQQ
AOT Growth and Innovation ETF vs Invesco QQQ Trust, Series 1
Which is better, AOTG or QQQ?
Each has led over a different period.
QQQ has a lower expense ratio. AOTG led over 3Y, QQQ over 1Y and the full window. The two have moved almost in lockstep, correlation 0.93. QQQ is less concentrated, with 46.7% of the fund in its ten largest positions against 66.9%.
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 | AOTG | QQQ |
|---|---|---|
| Expense Ratio | 0.75% | 0.18%Best |
| AUM | $110M | $506.1B |
| Dividend Yield | 0.00% | 0.42% |
| Holdings | 133 | 321 |
| YTD Return | +15.83% | +19.30%Best |
| 1Y Return | +17.05% | +22.47%Best |
| 3Y Return (annualized) | +29.48%Best | +26.18% |
| 5Y Return (annualized) | - | +15.42% |
| Volatility (annualized) | 25.6% | 19.4%Best |
| Max Drawdown | -31.6% | -22.8%Best |
| $10,000 over 4.3 years | $26,158 | $26,393Best |
| Top 10 Weight | 66.9% | 46.7%Best |
| Fund Family | AOT Invest | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | Jun 29, 2022 | Mar 10, 1999 |
Volatility and max drawdown, and the $10,000 over 4.3 years row, are measured over the window both funds cover: Jun 29, 2022 to Oct 14, 2026 (4.3 years).
AOTG 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 4.3 years both funds cover.
AOTG vs QQQ Performance
AOT Growth and Innovation ETF (AOTG) is an ETF from AOT Invest and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year AOTG returned +17.05% while QQQ returned +22.47%. Year to date, AOTG is up 15.83% versus a gain of 19.30% for QQQ.
Over three years, AOTG compounded at +29.48% per year against +26.18% for QQQ. Across the full 4-year window we track, QQQ has the edge at +25.32% annualized vs +25.06%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
AOTG has been the more volatile fund, with annualized monthly volatility of 25.6% compared with 19.4% 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 -31.6% for AOTG 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 0.93. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
AOTG 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, AOTG currently yields 0.00% against 0.42% for QQQ.
Holdings Overlap
64.4% of AOTG's money is in holdings QQQ also owns. 43.7% of QQQ's money is in holdings AOTG also owns.
The two portfolios partly overlap.
18 positions in common, counted across the 44 positions we hold weights for in AOTG and 101 in QQQ, against full books of 133 and 321.
What only one of them owns
Our book lists 76 positions for QQQ that do not appear in our book for AOTG (53.4% of the fund), and 24 for AOTG that do not appear in QQQ (29.3%).
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 AOTG | Weight in QQQ | Difference |
|---|---|---|---|
| AMDAdvanced Micro Devices Inc | 15.43% | 4.17% | 11.26% |
| NVDANvidia Corp | 10.95% | 8.33% | 2.62% |
| MUMicron Technology, Inc. | 11.53% | 5.02% | 6.51% |
| MSFTMicrosoft Corp | 4.35% | 5.76% | 1.41% |
| AMZNAmazon.Com Inc | 4.52% | 4.07% | 0.45% |
| GOOGAlphabet Inc. C | 3.75% | 2.85% | 0.90% |
| GOOGLAlphabet Inc | 2.95% | 3.05% | 0.10% |
| METAMeta Platforms Inc | 1.30% | 3.26% | 1.96% |
| AVGOBroadcom Inc | 1.23% | 2.53% | 1.30% |
| SHOP:CAShopify Inc | 1.96% | 0.75% | 1.21% |
64.4% of AOTG 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, AOTG or QQQ?
AOTG 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, AOTG or QQQ?
Over the past year AOTG returned +17.05% vs +22.47% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (4 years), AOTG annualized +25.06% vs +25.32% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, AOTG or QQQ?
AOTG has been the more volatile fund at 25.6% annualized versus 19.4% for QQQ. Worst drawdown: AOTG -31.6% vs QQQ -22.8%.
Should I hold both AOTG and QQQ?
AOTG and QQQ have a monthly-return correlation of 0.93, 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 AOTG and QQQ?
64.4% of AOTG's money is in holdings QQQ also owns. 43.7% of QQQ's is in holdings AOTG also owns. They hold 18 positions in common, counted across the 44 positions we hold weights for in AOTG and 101 in QQQ.
Which pays a higher dividend, AOTG or QQQ?
AOTG yields 0.00% while QQQ yields 0.42%, so QQQ currently pays the higher dividend yield.
Is QQQ better than AOTG?
QQQ has a lower expense ratio. AOTG led over 3Y, QQQ over 1Y and the full window. The two have moved almost in lockstep, correlation 0.93. QQQ is less concentrated, with 46.7% of the fund in its ten largest positions against 66.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.