BKEM vs QQQ
BNY Mellon Emerging Markets Equity ETF vs Invesco QQQ Trust, Series 1
Which is better, BKEM or QQQ?
Mid Cap Growth against Large Cap Growth.
BKEM has a lower expense ratio. BKEM led over 1Y, QQQ over 3Y, 5Y and the full window. BKEM is less concentrated, with 36.9% of the fund in its ten largest positions against 46.7%.
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 | BKEM | QQQ |
|---|---|---|
| Expense Ratio | 0.11%Best | 0.18% |
| AUM | $107M | $506.1B |
| Dividend Yield | 3.76% | 0.42% |
| Holdings | 1,795 | 321 |
| YTD Return | +15.77% | +19.30%Best |
| 1Y Return | +23.55%Best | +22.47% |
| 3Y Return (annualized) | +21.40% | +26.18%Best |
| 5Y Return (annualized) | +7.23% | +15.42%Best |
| Volatility (annualized) | 16.7%Best | 20.2% |
| Max Drawdown | -39.5% | -35.1%Best |
| $10,000 over 5 years | $14,177 | $20,484Best |
| Top 10 Weight | 36.9%Best | 46.7% |
| Fund Family | BNY Mellon Investment Management | Invesco (US) |
| Category | Equity | Equity |
| Style | Mid Cap Growth | Large Cap Growth |
| Inception | Apr 22, 2020 | Mar 10, 1999 |
Volatility and max drawdown are measured over the window both funds cover: Apr 24, 2020 to Oct 14, 2026 (6.5 years).
BKEM 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 6.5 years both funds cover.
BKEM vs QQQ Performance
BNY Mellon Emerging Markets Equity ETF (BKEM) is an ETF from BNY Mellon Investment Management and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year BKEM returned +23.55% while QQQ returned +22.47%. Year to date, BKEM is up 15.77% versus a gain of 19.30% for QQQ.
Over three years, BKEM compounded at +21.40% per year against +26.18% for QQQ; over five years the annualized figures are +7.23% and +15.42% respectively. Across the full 7-year window we track, QQQ has the edge at +21.49% annualized vs +11.55%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 20.2% compared with 16.7% for BKEM. 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 -39.5% for BKEM 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 0.62. They move together some of the time, and apart the rest.
Fees and Cost Over Time
BKEM charges 0.11% per year while QQQ charges 0.18%. On a $10,000 position that is $11 vs $18 annually, a gap of $7 per year that compounds over a long holding period. On income, BKEM currently yields 3.76% against 0.42% for QQQ.
Holdings Overlap
0.4% of BKEM's money is in holdings QQQ also owns. 0.2% of QQQ's money is in holdings BKEM also owns.
We cannot see either book well enough to say how much of this pair is duplicated.
1 positions in common, counted across the 1,776 positions we hold weights for in BKEM and 101 in QQQ, against full books of 1,795 and 321.
What only one of them owns
Our book lists 93 positions for QQQ that do not appear in our book for BKEM (96.3% of the fund), and 16 for BKEM that do not appear in QQQ (1.4%).
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 BKEM | Weight in QQQ | Difference |
|---|---|---|---|
| PDD:IEPdd Holdings Inc. | 0.43% | 0.22% | 0.21% |
You are not choosing between two funds in isolation.
Whichever of BKEM 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, BKEM or QQQ?
BKEM has an expense ratio of 0.11% while QQQ charges 0.18%. BKEM is the cheaper option, by $7 a year on a $10,000 investment.
Which performed better, BKEM or QQQ?
Over the past year BKEM returned +23.55% vs +22.47% for QQQ, so BKEM leads on 1-year performance. Over the longest common window we track (7 years), BKEM annualized +11.55% vs +21.49% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BKEM or QQQ?
QQQ has been the more volatile fund at 20.2% annualized versus 16.7% for BKEM. Worst drawdown: BKEM -39.5% vs QQQ -35.1%.
Should I hold both BKEM and QQQ?
BKEM and QQQ have a monthly-return correlation of 0.62, 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, BKEM or QQQ?
BKEM yields 3.76% while QQQ yields 0.42%, so BKEM currently pays the higher dividend yield.
Is QQQ better than BKEM?
BKEM has a lower expense ratio. BKEM led over 1Y, QQQ over 3Y, 5Y and the full window. BKEM is less concentrated, with 36.9% of the fund in its ten largest positions against 46.7%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.