OEI vs QQQ
Optimized Equity Income ETF vs Invesco QQQ Trust, Series 1
Which is better, OEI or QQQ?
Large Cap Value against Large Cap Growth.
QQQ has a lower expense ratio. QQQ led over 1Y. OEI is less concentrated, with 38.8% 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 | OEI | QQQ |
|---|---|---|
| Expense Ratio | 1.02% | 0.18%Best |
| AUM | $52M | $506.1B |
| Dividend Yield | 8.20% | 0.42% |
| Holdings | 99 | 321 |
| YTD Return | +10.30% | +19.30%Best |
| 1Y Return | +14.81% | +22.47%Best |
| 3Y Return (annualized) | - | +26.18% |
| 5Y Return (annualized) | - | +15.42% |
| Volatility (annualized) | 7.3%Best | 21.9% |
| Top 10 Weight | 38.8%Best | 46.7% |
| Fund Family | Core Alternative Capital | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Growth |
| Inception | Oct 22, 2025 | Mar 10, 1999 |
Not shown on this pair: Max Drawdown, $10,000 over the window.
OEI 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.
OEI vs QQQ Performance
Optimized Equity Income ETF (OEI) is an ETF from Core Alternative Capital and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year OEI returned +14.81% while QQQ returned +22.47%. Year to date, OEI is up 10.30% 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 7.3% for OEI. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The two funds' monthly returns correlate at 0.71. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
OEI 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, OEI currently yields 8.20% against 0.42% for QQQ.
Holdings Overlap
53.2% of OEI's money is in holdings QQQ also owns. 68.7% of QQQ's money is in holdings OEI also owns.
The two portfolios partly overlap.
28 positions in common, counted across the 82 positions we hold weights for in OEI and 101 in QQQ, against full books of 99 and 321.
What only one of them owns
Our book lists 65 positions for QQQ that do not appear in our book for OEI (27.6% of the fund), and 54 for OEI that do not appear in QQQ (45.0%).
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 OEI | Weight in QQQ | Difference |
|---|---|---|---|
| NVDANvidia Corp | 9.12% | 8.33% | 0.79% |
| AAPLApple, Inc | 4.48% | 7.35% | 2.87% |
| MSFTMicrosoft Corp | 4.36% | 5.76% | 1.40% |
| MUMicron Technology, Inc. | 3.36% | 5.02% | 1.66% |
| AMZNAmazon.Com Inc | 4.09% | 4.07% | 0.02% |
| GOOGLAlphabet Inc | 3.24% | 3.05% | 0.19% |
| AMDAdvanced Micro Devices Inc | 1.97% | 4.17% | 2.20% |
| METAMeta Platforms Inc | 2.78% | 3.26% | 0.48% |
| GOOGAlphabet Inc. C | 2.56% | 2.85% | 0.29% |
| AVGOBroadcom Inc | 2.63% | 2.53% | 0.10% |
68.7% of QQQ is already inside OEI.
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, OEI or QQQ?
OEI 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, OEI or QQQ?
Over the past year OEI returned +14.81% 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, OEI or QQQ?
QQQ has been the more volatile fund at 21.9% annualized versus 7.3% for OEI.
Should I hold both OEI and QQQ?
OEI and QQQ have a monthly-return correlation of 0.71, 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 OEI and QQQ?
68.7% of QQQ's money is in holdings OEI also owns. 68.7% of QQQ's is in holdings OEI also owns. They hold 28 positions in common, counted across the 82 positions we hold weights for in OEI and 101 in QQQ.
Which pays a higher dividend, OEI or QQQ?
OEI yields 8.20% while QQQ yields 0.42%, so OEI currently pays the higher dividend yield.
Is QQQ better than OEI?
QQQ has a lower expense ratio. QQQ led over 1Y. OEI is less concentrated, with 38.8% 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.