QPX vs THRO
Advisorshares Q Dynamic Growth ETF vs iShares US Thematic Rotation Active ETF
Which is better, QPX or THRO?
THRO has been ahead.
THRO has a lower expense ratio. THRO led over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 0.92.
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 | QPX | THRO |
|---|---|---|
| Expense Ratio | 1.74% | 0.57%Best |
| AUM | $34M | $7.5B |
| Dividend Yield | 0.00% | 0.30% |
| Holdings | 18 | 251 |
| YTD Return | +6.84% | +14.55%Best |
| 1Y Return | +10.49% | +18.23%Best |
| 3Y Return (annualized) | +19.47% | +23.72%Best |
| 5Y Return (annualized) | +10.62% | - |
| Volatility (annualized) | 18.1% | 17.4%Best |
| Max Drawdown | -34.7% | -26.5%Best |
| $10,000 over 4.8 years | $15,988 | $18,140Best |
| Top 10 Weight | - | 43.5% |
| Fund Family | Advisor Shares | BlackRock, Inc. (US) |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | Dec 28, 2020 | Dec 14, 2021 |
Volatility and max drawdown, and the $10,000 over 4.8 years row, are measured over the window both funds cover: Dec 16, 2021 to Oct 14, 2026 (4.8 years).
QPX vs THRO 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 4.8 years both funds cover.
QPX vs THRO Performance
Advisorshares Q Dynamic Growth ETF (QPX) is an ETF from Advisor Shares and iShares US Thematic Rotation Active ETF (THRO) is an ETF from BlackRock, Inc. (US). Over the past year QPX returned +10.49% while THRO returned +18.23%. Year to date, QPX is up 6.84% versus a gain of 14.55% for THRO.
Over three years, QPX compounded at +19.47% per year against +23.72% for THRO.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QPX has been the more volatile fund, with annualized monthly volatility of 18.1% compared with 17.4% for THRO. 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 -34.7% for QPX and -26.5% for THRO. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.92. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
QPX charges 1.74% per year while THRO charges 0.57%. On a $10,000 position that is $174 vs $57 annually, a gap of $117 per year that compounds over a long holding period. On income, QPX currently yields 0.00% against 0.30% for THRO.
Holdings Overlap
We hold position weights for 7 holdings in QPX and 247 in THRO, totalling 100.0% and 99.9% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 7 positions we hold weights for in QPX and 247 in THRO, against full books of 18 and 251.
What only one of them owns
Our book lists 161 positions for THRO that do not appear in our book for QPX (98.9% of the fund), and 7 for QPX that do not appear in THRO (100.0%).
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.
You are not choosing between two funds in isolation.
Whichever of QPX and THRO you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, QPX or THRO?
QPX has an expense ratio of 1.74% while THRO charges 0.57%. THRO is the cheaper option, by $117 a year on a $10,000 investment.
Which performed better, QPX or THRO?
Over the past year QPX returned +10.49% vs +18.23% for THRO, so THRO leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QPX or THRO?
QPX has been the more volatile fund at 18.1% annualized versus 17.4% for THRO. Worst drawdown: QPX -34.7% vs THRO -26.5%.
Should I hold both QPX and THRO?
QPX and THRO have a monthly-return correlation of 0.92, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
Which pays a higher dividend, QPX or THRO?
QPX yields 0.00% while THRO yields 0.30%, so THRO currently pays the higher dividend yield.
Is THRO better than QPX?
THRO has a lower expense ratio. THRO led over 1Y, 3Y and the full window. The two have moved almost in lockstep, correlation 0.92. Which one suits a particular account depends on what it is for. This is information, not a recommendation.