KNO vs QQQ
AXS Knowledge Leaders ETF vs Invesco QQQ Trust, Series 1
Which is better, KNO or QQQ?
Large Cap Blend against Large Cap Growth.
QQQ has a lower expense ratio. KNO led over 1Y, QQQ over the full window. KNO is less concentrated, with 37.3% 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 | KNO | QQQ |
|---|---|---|
| Expense Ratio | 0.75% | 0.18%Best |
| AUM | $42M | $506.1B |
| Dividend Yield | 0.88% | 0.42% |
| Holdings | 70 | 321 |
| YTD Return | +20.20%Best | +19.30% |
| 1Y Return | +25.55%Best | +22.47% |
| 3Y Return (annualized) | - | +26.18% |
| 5Y Return (annualized) | - | +15.42% |
| Volatility (annualized) | 14.7%Best | 17.6% |
| Max Drawdown | -15.5%Best | -22.8% |
| $10,000 over 2.2 years | $14,312 | $15,204Best |
| Top 10 Weight | 37.3%Best | 46.7% |
| Fund Family | Knowledge Leaders Capital, LLC | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Growth |
| Inception | Jul 7, 2015 | Mar 10, 1999 |
Volatility and max drawdown, and the $10,000 over 2.2 years row, are measured over the window both funds cover: Jul 22, 2024 to Oct 14, 2026 (2.2 years).
KNO 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 2.2 years both funds cover.
KNO vs QQQ Performance
AXS Knowledge Leaders ETF (KNO) is an ETF from Knowledge Leaders Capital, LLC and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year KNO returned +25.55% while QQQ returned +22.47%. Year to date, KNO is up 20.20% 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 17.6% compared with 14.7% for KNO. 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 -15.5% for KNO 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 0.62. They move together some of the time, and apart the rest.
Fees and Cost Over Time
KNO 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, KNO currently yields 0.88% against 0.42% for QQQ.
Holdings Overlap
30.1% of KNO's money is in holdings QQQ also owns. 21.8% of QQQ's money is in holdings KNO also owns.
The two portfolios partly overlap.
16 positions in common, counted across the 70 positions we hold weights for in KNO and 101 in QQQ, against full books of 70 and 321.
What only one of them owns
Our book lists 78 positions for QQQ that do not appear in our book for KNO (75.2% of the fund), and 21 for KNO that do not appear in QQQ (30.2%).
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 KNO | Weight in QQQ | Difference |
|---|---|---|---|
| MUMicron Technology, Inc. | 13.53% | 5.02% | 8.51% |
| MSFTMicrosoft Corp | 2.12% | 5.76% | 3.64% |
| GOOGAlphabet Inc. C | 1.41% | 2.85% | 1.44% |
| WMTWalmart, Inc. | 0.91% | 2.11% | 1.20% |
| PLTRPalantir Technologies Inc | 0.64% | 1.80% | 1.16% |
| ASML:ASASML HOLDING NV | 0.98% | 0.71% | 0.27% |
| ADPAutomatic Data Processing, Inc. | 1.19% | 0.43% | 0.76% |
| CTASCintas Corp. | 1.25% | 0.33% | 0.92% |
| REGNRegeneron Pharmaceuticals, Inc. | 1.25% | 0.32% | 0.93% |
| ISRGIntuitive Surgical Inc. | 0.93% | 0.60% | 0.33% |
30.1% of KNO is already inside QQQ.
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, KNO or QQQ?
KNO 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, KNO or QQQ?
Over the past year KNO returned +25.55% vs +22.47% for QQQ, so KNO leads on 1-year performance. Over the longest common window we track (2 years), KNO annualized +17.70% vs +20.98% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, KNO or QQQ?
QQQ has been the more volatile fund at 17.6% annualized versus 14.7% for KNO. Worst drawdown: KNO -15.5% vs QQQ -22.8%.
Should I hold both KNO and QQQ?
KNO 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.
What is the holdings overlap between KNO and QQQ?
30.1% of KNO's money is in holdings QQQ also owns. 21.8% of QQQ's is in holdings KNO also owns. They hold 16 positions in common, counted across the 70 positions we hold weights for in KNO and 101 in QQQ.
Which pays a higher dividend, KNO or QQQ?
KNO yields 0.88% while QQQ yields 0.42%, so KNO currently pays the higher dividend yield.
Is QQQ better than KNO?
QQQ has a lower expense ratio. KNO led over 1Y, QQQ over the full window. KNO is less concentrated, with 37.3% 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.