HERZ vs QQQ
Herzfeld Caribbean Basin Fund Inc vs Invesco QQQ Trust, Series 1
Which is better, HERZ or QQQ?
Mid Cap Growth against Large Cap Growth.
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y 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 | HERZ | QQQ |
|---|---|---|
| Expense Ratio | 3.45% | 0.18%Best |
| AUM | - | $506.1B |
| Dividend Yield | - | 0.42% |
| Holdings | 29 | 321 |
| YTD Return | -26.20% | +19.30%Best |
| 1Y Return | -33.62% | +22.47%Best |
| 3Y Return (annualized) | -9.15% | +26.18%Best |
| 5Y Return (annualized) | -10.19% | +15.42%Best |
| Volatility (annualized) | 29.9%Best | 30.5% |
| Max Drawdown | -84.7% | -83.0%Best |
| $10,000 over 5 years | $5,843 | $20,484Best |
| Fund Family | Herzfeld-Cuba | Invesco (US) |
| Category | Equity | Equity |
| Style | Mid Cap Growth | Large Cap Growth |
| Inception | May 20, 1994 | Mar 10, 1999 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Mar 10, 1999 to Oct 14, 2026 (27.6 years).
HERZ 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
HERZ vs QQQ Performance
Herzfeld Caribbean Basin Fund Inc (HERZ) is an ETF from Herzfeld-Cuba and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year HERZ returned -33.62% while QQQ returned +22.47%. Year to date, HERZ is down 26.20% versus a gain of 19.30% for QQQ.
Over three years, HERZ compounded at -9.15% per year against +26.18% for QQQ; over five years the annualized figures are -10.19% and +15.42% respectively. Across the full 28-year window we track, QQQ has the edge at +13.05% annualized vs -1.45%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 30.5% compared with 29.9% for HERZ. 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 -84.7% for HERZ and -83.0% 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 0.29. They move largely independently of each other.
Fees and Cost Over Time
HERZ charges 3.45% per year while QQQ charges 0.18%. On a $10,000 position that is $345 vs $18 annually, a gap of $327 per year that compounds over a long holding period.
You are not choosing between two funds in isolation.
Whichever of HERZ 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, HERZ or QQQ?
HERZ has an expense ratio of 3.45% while QQQ charges 0.18%. QQQ is the cheaper option, by $327 a year on a $10,000 investment.
Which performed better, HERZ or QQQ?
Over the past year HERZ returned -33.62% vs +22.47% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (28 years), HERZ annualized -1.45% vs +13.05% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, HERZ or QQQ?
QQQ has been the more volatile fund at 30.5% annualized versus 29.9% for HERZ. Worst drawdown: HERZ -84.7% vs QQQ -83.0%.
Should I hold both HERZ and QQQ?
HERZ and QQQ have a monthly-return correlation of 0.29, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Is QQQ better than HERZ?
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.