OGIG vs QQQM
ALPS O'Shares Global Internet Giants ETF vs Invesco NASDAQ 100 ETF
Which is better, OGIG or QQQM?
QQQM has been ahead.
QQQM has a lower expense ratio. QQQM led over 1Y, 3Y, 5Y and the full window. OGIG is less concentrated, with 45.0% of the fund in its ten largest positions against 46.8%.
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 | QQQM |
|---|---|---|
| Expense Ratio | 0.48% | 0.15%Best |
| AUM | $106M | $111.6B |
| Dividend Yield | 0.08% | 0.43% |
| Holdings | 55 | 327 |
| YTD Return | -2.92% | +19.32%Best |
| 1Y Return | -10.78% | +22.49%Best |
| 3Y Return (annualized) | +16.94% | +26.25%Best |
| 5Y Return (annualized) | -2.00% | +15.50%Best |
| Volatility (annualized) | 24.9% | 20.0%Best |
| Max Drawdown | -66.0% | -35.0%Best |
| $10,000 over 5 years | $9,039 | $20,555Best |
| Top 10 Weight | 45.0%Best | 46.8% |
| Fund Family | ALPS Advisors | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | Jun 5, 2018 | Oct 13, 2020 |
Volatility and max drawdown are measured over the window both funds cover: Oct 13, 2020 to Oct 14, 2026 (6 years).
OGIG vs QQQM 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 6 years both funds cover.
OGIG vs QQQM Performance
ALPS O'Shares Global Internet Giants ETF (OGIG) is an ETF from ALPS Advisors and Invesco NASDAQ 100 ETF (QQQM) is an ETF from Invesco (US). Over the past year OGIG returned -10.78% while QQQM returned +22.49%. Year to date, OGIG is down 2.92% versus a gain of 19.32% for QQQM.
Over three years, OGIG compounded at +16.94% per year against +26.25% for QQQM; over five years the annualized figures are -2.00% and +15.50% respectively. Across the full 6-year window we track, QQQM has the edge at +17.02% annualized vs +0.72%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
OGIG has been the more volatile fund, with annualized monthly volatility of 24.9% compared with 20.0% for QQQM. 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 -66.0% for OGIG and -35.0% for QQQM. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.77. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
OGIG charges 0.48% per year while QQQM charges 0.15%. On a $10,000 position that is $48 vs $15 annually, a gap of $33 per year that compounds over a long holding period. On income, OGIG currently yields 0.08% against 0.43% for QQQM.
Holdings Overlap
57.6% of OGIG's money is in holdings QQQM also owns. 26.4% of QQQM'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 102 in QQQM, against full books of 55 and 327.
What only one of them owns
Our book lists 77 positions for QQQM that do not appear in our book for OGIG (72.5% of the fund), and 21 for OGIG that do not appear in QQQM (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 QQQM | Difference |
|---|---|---|---|
| MSFTMicrosoft Corp | 6.05% | 5.75% | 0.30% |
| AMZNAmazon.Com Inc | 5.75% | 4.06% | 1.69% |
| METAMeta Platforms Inc | 6.50% | 3.24% | 3.26% |
| GOOGLAlphabet Inc | 5.94% | 3.02% | 2.92% |
| PLTRPalantir Technologies Inc | 5.05% | 1.79% | 3.26% |
| PANWPalo Alto Networks, Inc | 3.13% | 1.36% | 1.77% |
| CRWDCrowdstrike Holdings Inc | 3.06% | 1.14% | 1.92% |
| SHOP:CAShopify Inc | 2.94% | 0.76% | 2.18% |
| DDOGDatadog Inc | 2.35% | 0.38% | 1.97% |
| YNDXYandex Nv Ord Eur.01 Cl A Nasdaq Stock Exchange | 2.44% | 0.24% | 2.20% |
57.6% of OGIG is already inside QQQM.
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 QQQM?
OGIG has an expense ratio of 0.48% while QQQM charges 0.15%. QQQM is the cheaper option, by $33 a year on a $10,000 investment.
Which performed better, OGIG or QQQM?
Over the past year OGIG returned -10.78% vs +22.49% for QQQM, so QQQM leads on 1-year performance. Over the longest common window we track (6 years), OGIG annualized +0.72% vs +17.02% for QQQM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, OGIG or QQQM?
OGIG has been the more volatile fund at 24.9% annualized versus 20.0% for QQQM. Worst drawdown: OGIG -66.0% vs QQQM -35.0%.
Should I hold both OGIG and QQQM?
OGIG and QQQM have a monthly-return correlation of 0.77, 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 QQQM?
57.6% of OGIG's money is in holdings QQQM also owns. 26.4% of QQQM'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 102 in QQQM.
Which pays a higher dividend, OGIG or QQQM?
OGIG yields 0.08% while QQQM yields 0.43%, so QQQM currently pays the higher dividend yield.
Is QQQM better than OGIG?
QQQM has a lower expense ratio. QQQM led over 1Y, 3Y, 5Y and the full window. OGIG is less concentrated, with 45.0% of the fund in its ten largest positions against 46.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.