LEXI vs QQQ
Alexis Practical Tactical ETF vs Invesco QQQ Trust, Series 1
Which is better, LEXI or QQQ?
Tactical Allocation against Large Cap Growth.
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window. QQQ is less concentrated, with 46.7% of the fund in its ten largest positions against 51.0%.
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 | LEXI | QQQ |
|---|---|---|
| Expense Ratio | 1.02% | 0.18%Best |
| AUM | $198M | $506.1B |
| Dividend Yield | 0.83% | 0.42% |
| Holdings | 112 | 321 |
| YTD Return | +12.34% | +19.30%Best |
| 1Y Return | +16.12% | +22.47%Best |
| 3Y Return (annualized) | +19.96% | +26.18%Best |
| 5Y Return (annualized) | +10.65% | +15.42%Best |
| Volatility (annualized) | 13.9%Best | 20.7% |
| Max Drawdown | -22.0%Best | -35.1% |
| $10,000 over 5 years | $16,587 | $20,484Best |
| Top 10 Weight | 51.0% | 46.7%Best |
| Fund Family | Alexis Investment Partners, LLC | Invesco (US) |
| Category | Allocation/Balanced | Equity |
| Style | Tactical Allocation | Large Cap Growth |
| Inception | Jun 30, 2021 | Mar 10, 1999 |
Volatility and max drawdown are measured over the window both funds cover: Jul 1, 2021 to Oct 14, 2026 (5.3 years).
LEXI 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 5.3 years both funds cover.
LEXI vs QQQ Performance
Alexis Practical Tactical ETF (LEXI) is an ETF from Alexis Investment Partners, LLC and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year LEXI returned +16.12% while QQQ returned +22.47%. Year to date, LEXI is up 12.34% versus a gain of 19.30% for QQQ.
Over three years, LEXI compounded at +19.96% per year against +26.18% for QQQ; over five years the annualized figures are +10.65% and +15.42% respectively.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 20.7% compared with 13.9% for LEXI. 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 -22.0% for LEXI and -35.1% 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 0.86. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
LEXI charges 1.02% per year while QQQ charges 0.18%. On a $10,000 position that is $102 vs $18 annually, a gap of $84 per year that compounds over a long holding period. On income, LEXI currently yields 0.83% against 0.42% for QQQ.
Holdings Overlap
10.1% of LEXI's money is in holdings QQQ also owns. 40.2% of QQQ's money is in holdings LEXI also owns.
The two portfolios partly overlap.
12 positions in common, counted across the 49 positions we hold weights for in LEXI and 101 in QQQ, against full books of 112 and 321.
What only one of them owns
Our book lists 81 positions for QQQ that do not appear in our book for LEXI (56.1% of the fund), and 37 for LEXI that do not appear in QQQ (88.3%).
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 LEXI | Weight in QQQ | Difference |
|---|---|---|---|
| NVDANvidia Corp | 1.24% | 8.33% | 7.09% |
| AAPLApple, Inc | 0.95% | 7.35% | 6.40% |
| MSFTMicrosoft Corp | 1.11% | 5.76% | 4.65% |
| METAMeta Platforms Inc | 0.82% | 3.26% | 2.44% |
| GOOGLAlphabet Inc | 0.94% | 3.05% | 2.11% |
| TSLATesla Inc | 0.73% | 2.82% | 2.09% |
| SPCXSpace Exploration Technologies | 0.79% | 2.70% | 1.91% |
| AMATApplied Materials, Inc. | 1.19% | 1.70% | 0.51% |
| WMTWalmart, Inc. | 0.47% | 2.11% | 1.64% |
| CSCOCisco Systems Inc. - Ordinary Shares | 0.50% | 1.77% | 1.27% |
40.2% of QQQ is already inside LEXI.
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, LEXI or QQQ?
LEXI has an expense ratio of 1.02% while QQQ charges 0.18%. QQQ is the cheaper option, by $84 a year on a $10,000 investment.
Which performed better, LEXI or QQQ?
Over the past year LEXI returned +16.12% vs +22.47% for QQQ, so QQQ leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, LEXI or QQQ?
QQQ has been the more volatile fund at 20.7% annualized versus 13.9% for LEXI. Worst drawdown: LEXI -22.0% vs QQQ -35.1%.
Should I hold both LEXI and QQQ?
LEXI and QQQ have a monthly-return correlation of 0.86, 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 LEXI and QQQ?
40.2% of QQQ's money is in holdings LEXI also owns. 40.2% of QQQ's is in holdings LEXI also owns. They hold 12 positions in common, counted across the 49 positions we hold weights for in LEXI and 101 in QQQ.
Which pays a higher dividend, LEXI or QQQ?
LEXI yields 0.83% while QQQ yields 0.42%, so LEXI currently pays the higher dividend yield.
Is QQQ better than LEXI?
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window. QQQ is less concentrated, with 46.7% of the fund in its ten largest positions against 51.0%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.