ESUM vs QQQ
Eventide US Market ETF vs Invesco QQQ Trust, Series 1
Which is better, ESUM or QQQ?
Large Cap Blend against Large Cap Growth.
QQQ has a lower expense ratio. QQQ led over 1Y and the full window. ESUM is less concentrated, with 23.9% 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 | ESUM | QQQ |
|---|---|---|
| Expense Ratio | 0.39% | 0.18%Best |
| AUM | $200M | $506.1B |
| Dividend Yield | 1.00% | 0.42% |
| Holdings | 609 | 321 |
| YTD Return | +13.00% | +19.30%Best |
| 1Y Return | +13.72% | +22.47%Best |
| 3Y Return (annualized) | - | +26.18% |
| 5Y Return (annualized) | - | +15.42% |
| Volatility (annualized) | 11.5%Best | 19.3% |
| Max Drawdown | -17.7%Best | -22.8% |
| $10,000 over 1.8 years | $12,666 | $14,200Best |
| Top 10 Weight | 23.9%Best | 46.7% |
| Fund Family | Eventide | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Growth |
| Inception | Dec 17, 2024 | Mar 10, 1999 |
Volatility and max drawdown, and the $10,000 over 1.8 years row, are measured over the window both funds cover: Dec 18, 2024 to Oct 14, 2026 (1.8 years).
ESUM 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 1.8 years both funds cover.
ESUM vs QQQ Performance
Eventide US Market ETF (ESUM) is an ETF from Eventide and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year ESUM returned +13.72% while QQQ returned +22.47%. Year to date, ESUM is up 13.00% versus a gain of 19.30% for QQQ.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 19.3% compared with 11.5% for ESUM. 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 -17.7% for ESUM 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 0.88. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
ESUM charges 0.39% per year while QQQ charges 0.18%. On a $10,000 position that is $39 vs $18 annually, a gap of $21 per year that compounds over a long holding period. On income, ESUM currently yields 1.00% against 0.42% for QQQ.
Holdings Overlap
33.8% of ESUM's money is in holdings QQQ also owns. 37.2% of QQQ's money is in holdings ESUM also owns.
The two portfolios partly overlap.
38 positions in common, counted across the 202 positions we hold weights for in ESUM and 101 in QQQ, against full books of 609 and 321.
What only one of them owns
Our book lists 55 positions for QQQ that do not appear in our book for ESUM (59.3% of the fund), and 152 for ESUM that do not appear in QQQ (61.7%).
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 ESUM | Weight in QQQ | Difference |
|---|---|---|---|
| NVDANvidia Corp. | 8.07% | 8.33% | 0.26% |
| MUMicron Technology, Inc. | 2.18% | 5.02% | 2.84% |
| AMDAdvanced Micro Devices Inc. | 2.17% | 4.17% | 2.00% |
| AVGOBroadcom Inc | 2.54% | 2.53% | 0.01% |
| LRCXLam Research Corp | 1.34% | 1.72% | 0.38% |
| PANWPalo Alto Networks Inc. | 1.18% | 1.35% | 0.17% |
| CRWDCrowdstrike Holdings Inc. Class A | 1.20% | 1.13% | 0.07% |
| AMATApplied Materials, Inc. | 0.47% | 1.70% | 1.23% |
| AMGNAmgen Inc. | 1.09% | 0.95% | 0.14% |
| KLACKla Corp. | 0.97% | 1.06% | 0.09% |
37.2% of QQQ is already inside ESUM.
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, ESUM or QQQ?
ESUM has an expense ratio of 0.39% while QQQ charges 0.18%. QQQ is the cheaper option, by $21 a year on a $10,000 investment.
Which performed better, ESUM or QQQ?
Over the past year ESUM returned +13.72% vs +22.47% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (2 years), ESUM annualized +14.03% vs +21.51% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, ESUM or QQQ?
QQQ has been the more volatile fund at 19.3% annualized versus 11.5% for ESUM. Worst drawdown: ESUM -17.7% vs QQQ -22.8%.
Should I hold both ESUM and QQQ?
ESUM and QQQ have a monthly-return correlation of 0.88, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between ESUM and QQQ?
37.2% of QQQ's money is in holdings ESUM also owns. 37.2% of QQQ's is in holdings ESUM also owns. They hold 38 positions in common, counted across the 202 positions we hold weights for in ESUM and 101 in QQQ.
Which pays a higher dividend, ESUM or QQQ?
ESUM yields 1.00% while QQQ yields 0.42%, so ESUM currently pays the higher dividend yield.
Is QQQ better than ESUM?
QQQ has a lower expense ratio. QQQ led over 1Y and the full window. ESUM is less concentrated, with 23.9% 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.