HEDG vs QQQ
Equable Shares Hedged Equity ETF vs Invesco QQQ Trust, Series 1
Which is better, HEDG or QQQ?
Option Writing against Large Cap Growth.
QQQ has a lower expense ratio. QQQ led over 1Y 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 | HEDG | QQQ |
|---|---|---|
| Expense Ratio | 0.96% | 0.18%Best |
| AUM | $465M | $506.1B |
| Dividend Yield | 2.78% | 0.42% |
| Holdings | 10 | 321 |
| YTD Return | +6.78% | +19.30%Best |
| 1Y Return | +10.34% | +22.47%Best |
| 3Y Return (annualized) | - | +26.18% |
| 5Y Return (annualized) | - | +15.42% |
| Volatility (annualized) | 3.6%Best | 21.9% |
| Max Drawdown | -3.9%Best | -12.0% |
| $10,000 over 1 years | $11,015 | $12,161Best |
| Top 10 Weight | - | 46.7% |
| Fund Family | Equable Shares | Invesco (US) |
| Category | Alternative | Equity |
| Style | Option Writing | Large Cap Growth |
| Inception | Oct 13, 2025 | Mar 10, 1999 |
Volatility and max drawdown, and the $10,000 over 1 years row, are measured over the window both funds cover: Oct 13, 2025 to Oct 14, 2026 (1 years).
HEDG 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 years both funds cover.
HEDG vs QQQ Performance
Equable Shares Hedged Equity ETF (HEDG) is an ETF from Equable Shares and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year HEDG returned +10.34% while QQQ returned +22.47%. Year to date, HEDG is up 6.78% 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 21.9% compared with 3.6% for HEDG. 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 -3.9% for HEDG and -12.0% 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
HEDG charges 0.96% per year while QQQ charges 0.18%. On a $10,000 position that is $96 vs $18 annually, a gap of $78 per year that compounds over a long holding period. On income, HEDG currently yields 2.78% against 0.42% for QQQ.
Holdings Overlap
We hold position weights for 10 holdings in HEDG and 101 in QQQ, totalling 104.3% and 99.6% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 10 positions we hold weights for in HEDG and 101 in QQQ, against full books of 10 and 321.
What only one of them owns
Measured across the 10 and 101 positions we hold weights for.
QQQ holds 93 positions HEDG does not, 96.3% of the fund.
Largest: NVDA 8.33%, AAPL 7.35%, MSFT 5.76%, MU 5.02%, AMD 4.17%
You are not choosing between two funds in isolation.
Whichever of HEDG 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, HEDG or QQQ?
HEDG has an expense ratio of 0.96% while QQQ charges 0.18%. QQQ is the cheaper option, by $78 a year on a $10,000 investment.
Which performed better, HEDG or QQQ?
Over the past year HEDG returned +10.34% vs +22.47% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (1 years), HEDG annualized +10.15% vs +21.61% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, HEDG or QQQ?
QQQ has been the more volatile fund at 21.9% annualized versus 3.6% for HEDG. Worst drawdown: HEDG -3.9% vs QQQ -12.0%.
Should I hold both HEDG and QQQ?
HEDG 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, HEDG or QQQ?
HEDG yields 2.78% while QQQ yields 0.42%, so HEDG currently pays the higher dividend yield.
Is QQQ better than HEDG?
QQQ has a lower expense ratio. QQQ led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.