QARP vs QQQ
Xtrackers Russell 1000 US QARP ETF vs Invesco QQQ Trust, Series 1
Which is better, QARP or QQQ?
Large Cap Blend against Large Cap Growth.
QQQ has a lower expense ratio. QARP led over 1Y, QQQ over 3Y, 5Y and the full window. QARP is less concentrated, with 32.0% 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 | QARP | QQQ |
|---|---|---|
| Expense Ratio | 0.19% | 0.18%Best |
| AUM | $79M | $506.1B |
| Dividend Yield | 1.03% | 0.42% |
| Holdings | 832 | 321 |
| YTD Return | +17.04% | +19.30%Best |
| 1Y Return | +22.57%Best | +22.47% |
| 3Y Return (annualized) | +19.28% | +26.18%Best |
| 5Y Return (annualized) | +12.56% | +15.42%Best |
| Volatility (annualized) | 16.3%Best | 20.2% |
| Max Drawdown | -35.9% | -35.1%Best |
| $10,000 over 5 years | $18,068 | $20,484Best |
| Top 10 Weight | 32.0%Best | 46.7% |
| Fund Family | Xtrackers ETFs | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Growth |
| Inception | Apr 4, 2018 | Mar 10, 1999 |
Volatility and max drawdown are measured over the window both funds cover: Apr 5, 2018 to Oct 14, 2026 (8.5 years).
QARP 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 8.5 years both funds cover.
QARP vs QQQ Performance
Xtrackers Russell 1000 US QARP ETF (QARP) is an ETF from Xtrackers ETFs and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year QARP returned +22.57% while QQQ returned +22.47%. Year to date, QARP is up 17.04% versus a gain of 19.30% for QQQ.
Over three years, QARP compounded at +19.28% per year against +26.18% for QQQ; over five years the annualized figures are +12.56% and +15.42% respectively. Across the full 9-year window we track, QQQ has the edge at +19.88% annualized vs +13.58%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 20.2% compared with 16.3% for QARP. 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 -35.9% for QARP 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 0.84. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
QARP charges 0.19% per year while QQQ charges 0.18%. On a $10,000 position that is $19 vs $18 annually, a gap of $1 per year that compounds over a long holding period. On income, QARP currently yields 1.03% against 0.42% for QQQ.
Holdings Overlap
39.4% of QARP's money is in holdings QQQ also owns. 74.5% of QQQ's money is in holdings QARP also owns.
Most of QQQ is already inside QARP. Owning both mostly buys the same companies twice.
58 positions in common, counted across the 414 positions we hold weights for in QARP and 101 in QQQ, against full books of 832 and 321.
What only one of them owns
Our book lists 35 positions for QQQ that do not appear in our book for QARP (21.8% of the fund), and 346 for QARP that do not appear in QQQ (58.8%).
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 QARP | Weight in QQQ | Difference |
|---|---|---|---|
| AAPLApple, Inc | 5.42% | 7.35% | 1.93% |
| NVDANvidia Corp. | 2.93% | 8.33% | 5.40% |
| MSFTMicrosoft Corp 4.100 Feb 06 37 | 5.05% | 5.76% | 0.71% |
| METAMeta Platform Inc | 4.80% | 3.26% | 1.54% |
| AMZNAmazon.Com Inc | 2.11% | 4.07% | 1.96% |
| MUMicron Technology, Inc. | 0.56% | 5.02% | 4.46% |
| GOOGLAlphabet Inc-cl A | 1.89% | 3.05% | 1.16% |
| GOOGAlphabet, Inc.- Cl C | 1.55% | 2.85% | 1.30% |
| AMDAdvanced Micro Devices Inc. | 0.05% | 4.17% | 4.12% |
| WMTWalmart, Inc. | 1.97% | 2.11% | 0.14% |
74.5% of QQQ is already inside QARP.
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, QARP or QQQ?
QARP has an expense ratio of 0.19% while QQQ charges 0.18%. QQQ is the cheaper option, by $1 a year on a $10,000 investment.
Which performed better, QARP or QQQ?
Over the past year QARP returned +22.57% vs +22.47% for QQQ, so QARP leads on 1-year performance. Over the longest common window we track (9 years), QARP annualized +13.58% vs +19.88% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QARP or QQQ?
QQQ has been the more volatile fund at 20.2% annualized versus 16.3% for QARP. Worst drawdown: QARP -35.9% vs QQQ -35.1%.
Should I hold both QARP and QQQ?
QARP and QQQ have a monthly-return correlation of 0.84, 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 QARP and QQQ?
74.5% of QQQ's money is in holdings QARP also owns. 74.5% of QQQ's is in holdings QARP also owns. They hold 58 positions in common, counted across the 414 positions we hold weights for in QARP and 101 in QQQ.
Which pays a higher dividend, QARP or QQQ?
QARP yields 1.03% while QQQ yields 0.42%, so QARP currently pays the higher dividend yield.
Is QQQ better than QARP?
QQQ has a lower expense ratio. QARP led over 1Y, QQQ over 3Y, 5Y and the full window. QARP is less concentrated, with 32.0% 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.