OGIG vs QQA
ALPS O'Shares Global Internet Giants ETF vs Invesco QQQ Income Advantage ETF
Which is better, OGIG or QQA?
QQA has been ahead.
QQA has a lower expense ratio. QQA led over 1Y and the full window. OGIG is less concentrated, with 45.0% of the fund in its ten largest positions against 52.9%.
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 | OGIG | QQA |
|---|---|---|
| Expense Ratio | 0.48% | 0.29%Best |
| AUM | $106M | $937M |
| Dividend Yield | 0.08% | 9.80% |
| Holdings | 55 | 246 |
| YTD Return | -2.92% | +15.40%Best |
| 1Y Return | -10.78% | +17.73%Best |
| 3Y Return (annualized) | +16.94% | - |
| 5Y Return (annualized) | -2.00% | - |
| Volatility (annualized) | 23.2% | 12.5%Best |
| Max Drawdown | -33.2% | -19.7%Best |
| $10,000 over 2.2 years | $12,971 | $14,495Best |
| Top 10 Weight | 45.0%Best | 52.9% |
| Fund Family | ALPS Advisors | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | Jun 5, 2018 | Jul 17, 2024 |
Volatility and max drawdown, and the $10,000 over 2.2 years row, are measured over the window both funds cover: Jul 17, 2024 to Oct 14, 2026 (2.2 years).
OGIG vs QQA 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.
OGIG vs QQA Performance
ALPS O'Shares Global Internet Giants ETF (OGIG) is an ETF from ALPS Advisors and Invesco QQQ Income Advantage ETF (QQA) is an ETF from Invesco (US). Over the past year OGIG returned -10.78% while QQA returned +17.73%. Year to date, OGIG is down 2.92% versus a gain of 15.40% for QQA.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
OGIG has been the more volatile fund, with annualized monthly volatility of 23.2% compared with 12.5% for QQA. 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 -33.2% for OGIG and -19.7% for QQA. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.65. They move together some of the time, and apart the rest.
Fees and Cost Over Time
OGIG charges 0.48% per year while QQA charges 0.29%. On a $10,000 position that is $48 vs $29 annually, a gap of $19 per year that compounds over a long holding period. On income, OGIG currently yields 0.08% against 9.80% for QQA.
Holdings Overlap
57.6% of OGIG's money is in holdings QQA also owns. 20.1% of QQA's money is in holdings OGIG also owns.
The two portfolios partly overlap.
22 positions in common, counted across the 51 positions we hold weights for in OGIG and 112 in QQA, against full books of 55 and 246.
What only one of them owns
Our book lists 80 positions for QQA that do not appear in our book for OGIG (75.4% of the fund), and 21 for OGIG that do not appear in QQA (32.5%).
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 OGIG | Weight in QQA | Difference |
|---|---|---|---|
| MSFTMicrosoft Corp | 6.05% | 4.37% | 1.68% |
| METAMeta Platforms Inc | 6.50% | 2.46% | 4.04% |
| AMZNAmazon.Com Inc | 5.75% | 3.09% | 2.66% |
| GOOGLAlphabet Inc | 5.94% | 2.29% | 3.65% |
| PLTRPalantir Technologies Inc | 5.05% | 1.36% | 3.69% |
| PANWPalo Alto Networks, Inc | 3.13% | 1.03% | 2.10% |
| CRWDCrowdstrike Holdings Inc | 3.06% | 0.87% | 2.19% |
| SHOP:CAShopify Inc | 2.94% | 0.57% | 2.37% |
| DDOGDatadog Inc | 2.35% | 0.29% | 2.06% |
| YNDXYandex Nv Ord Eur.01 Cl A Nasdaq Stock Exchange | 2.44% | 0.18% | 2.26% |
57.6% of OGIG is already inside QQA.
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, OGIG or QQA?
OGIG has an expense ratio of 0.48% while QQA charges 0.29%. QQA is the cheaper option, by $19 a year on a $10,000 investment.
Which performed better, OGIG or QQA?
Over the past year OGIG returned -10.78% vs +17.73% for QQA, so QQA leads on 1-year performance. Over the longest common window we track (2 years), OGIG annualized +12.55% vs +18.38% for QQA. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, OGIG or QQA?
OGIG has been the more volatile fund at 23.2% annualized versus 12.5% for QQA. Worst drawdown: OGIG -33.2% vs QQA -19.7%.
Should I hold both OGIG and QQA?
OGIG and QQA have a monthly-return correlation of 0.65, 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 OGIG and QQA?
57.6% of OGIG's money is in holdings QQA also owns. 20.1% of QQA's is in holdings OGIG also owns. They hold 22 positions in common, counted across the 51 positions we hold weights for in OGIG and 112 in QQA.
Which pays a higher dividend, OGIG or QQA?
OGIG yields 0.08% while QQA yields 9.80%, so QQA currently pays the higher dividend yield.
Is QQA better than OGIG?
QQA has a lower expense ratio. QQA led over 1Y and the full window. OGIG is less concentrated, with 45.0% of the fund in its ten largest positions against 52.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.