BRAZ vs QQQ
Global X Brazil Active ETF vs Invesco QQQ Trust, Series 1
Which is better, BRAZ or QQQ?
Each has led over a different period.
QQQ has a lower expense ratio. BRAZ led over 1Y, QQQ over 3Y 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 | BRAZ | QQQ |
|---|---|---|
| Expense Ratio | 0.75% | 0.18%Best |
| AUM | $12M | $506.1B |
| Dividend Yield | 2.49% | 0.42% |
| Holdings | 28 | 321 |
| YTD Return | +33.87%Best | +19.30% |
| 1Y Return | +53.47%Best | +22.47% |
| 3Y Return (annualized) | +17.03% | +26.18%Best |
| 5Y Return (annualized) | - | +15.42% |
| Volatility (annualized) | 23.9% | 17.4%Best |
| Max Drawdown | -31.0% | -22.8%Best |
| $10,000 over 3.2 years | $16,329 | $20,939Best |
| Fund Family | Global X by mirae Asset | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | Aug 16, 2023 | Mar 10, 1999 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 3.2 years row, are measured over the window both funds cover: Aug 18, 2023 to Oct 14, 2026 (3.2 years).
BRAZ 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 3.2 years both funds cover.
BRAZ vs QQQ Performance
Global X Brazil Active ETF (BRAZ) is an ETF from Global X by mirae Asset and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year BRAZ returned +53.47% while QQQ returned +22.47%. Year to date, BRAZ is up 33.87% versus a gain of 19.30% for QQQ.
Over three years, BRAZ compounded at +17.03% per year against +26.18% for QQQ.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
BRAZ has been the more volatile fund, with annualized monthly volatility of 23.9% 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 -31.0% for BRAZ 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 0.03. They move largely independently of each other.
Fees and Cost Over Time
BRAZ 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, BRAZ currently yields 2.49% against 0.42% for QQQ.
Holdings Overlap
At least 0.4% of QQQ's money is in holdings BRAZ also owns.
Stated as a floor: for BRAZ, our book for it covers 92.9% 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.
1 positions in common, counted across the 25 positions we hold weights for in BRAZ and 101 in QQQ, against full books of 28 and 321.
Top Shared Holdings
| Stock | Weight in BRAZ | Weight in QQQ | Difference |
|---|---|---|---|
| MELIMercadolibre Inc | 0.47% | 0.37% | 0.10% |
You are not choosing between two funds in isolation.
Whichever of BRAZ 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, BRAZ or QQQ?
BRAZ 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, BRAZ or QQQ?
Over the past year BRAZ returned +53.47% vs +22.47% for QQQ, so BRAZ leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BRAZ or QQQ?
BRAZ has been the more volatile fund at 23.9% annualized versus 17.4% for QQQ. Worst drawdown: BRAZ -31.0% vs QQQ -22.8%.
Should I hold both BRAZ and QQQ?
BRAZ and QQQ have a monthly-return correlation of 0.03, 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, BRAZ or QQQ?
BRAZ yields 2.49% while QQQ yields 0.42%, so BRAZ currently pays the higher dividend yield.
Is QQQ better than BRAZ?
QQQ has a lower expense ratio. BRAZ led over 1Y, QQQ over 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.