QQH vs QQQ
HCM Defender 100 Index ETF vs Invesco QQQ Trust, Series 1
Which is better, QQH or QQQ?
Allocation/Balanced against Large Cap Growth.
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.90. QQQ is less concentrated, with 46.7% of the fund in its ten largest positions against 66.0%.
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 | QQH | QQQ |
|---|---|---|
| Expense Ratio | 0.98% | 0.18%Best |
| AUM | $784M | $506.1B |
| Dividend Yield | 0.19% | 0.42% |
| Holdings | 196 | 321 |
| YTD Return | +12.18% | +19.30%Best |
| 1Y Return | +14.14% | +22.47%Best |
| 3Y Return (annualized) | +22.98% | +26.18%Best |
| 5Y Return (annualized) | +11.64% | +15.42%Best |
| Volatility (annualized) | 22.5% | 20.6%Best |
| Max Drawdown | -41.9% | -35.1%Best |
| $10,000 over 5 years | $17,342 | $20,484Best |
| Top 10 Weight | 66.0% | 46.7%Best |
| Fund Family | Howard Capital Management | Invesco (US) |
| Category | Allocation/Balanced | Equity |
| Style | Allocation/Balanced | Large Cap Growth |
| Inception | Oct 9, 2019 | Mar 10, 1999 |
Volatility and max drawdown are measured over the window both funds cover: Oct 10, 2019 to Oct 14, 2026 (7 years).
QQH 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 7 years both funds cover.
QQH vs QQQ Performance
HCM Defender 100 Index ETF (QQH) is an ETF from Howard Capital Management and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year QQH returned +14.14% while QQQ returned +22.47%. Year to date, QQH is up 12.18% versus a gain of 19.30% for QQQ.
Over three years, QQH compounded at +22.98% per year against +26.18% for QQQ; over five years the annualized figures are +11.64% and +15.42% respectively. Across the full 7-year window we track, QQQ has the edge at +21.84% annualized vs +19.36%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQH has been the more volatile fund, with annualized monthly volatility of 22.5% compared with 20.6% for QQQ. 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 -41.9% for QQH 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 0.90. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
QQH charges 0.98% per year while QQQ charges 0.18%. On a $10,000 position that is $98 vs $18 annually, a gap of $80 per year that compounds over a long holding period. On income, QQH currently yields 0.19% against 0.42% for QQQ.
Holdings Overlap
80.7% of QQH's money is in holdings QQQ also owns. 96.5% of QQQ's money is in holdings QQH also owns.
Most of QQQ is already inside QQH. Owning both mostly buys the same companies twice.
91 positions in common, counted across the 97 positions we hold weights for in QQH and 101 in QQQ, against full books of 196 and 321.
What only one of them owns
Our book lists 4 positions for QQQ that do not appear in our book for QQH (0.9% of the fund), and 5 for QQH that do not appear in QQQ (19.4%).
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 QQH | Weight in QQQ | Difference |
|---|---|---|---|
| AAPLApple, Inc | 10.06% | 7.35% | 2.71% |
| NVDANvidia Corp. | 8.25% | 8.33% | 0.08% |
| MSFTMicrosoft Corp 4.100 Feb 06 37 | 7.76% | 5.76% | 2.00% |
| AMZNAmazon.Com Inc | 4.33% | 4.07% | 0.26% |
| MUMicron Technology, Inc. | 3.04% | 5.02% | 1.98% |
| METAMeta Platform Inc | 4.58% | 3.26% | 1.32% |
| AMDAdvanced Micro Devices Inc. | 2.61% | 4.17% | 1.56% |
| TSLATesla Motors Inc | 3.44% | 2.82% | 0.62% |
| AVGOBroadcom Inc | 3.01% | 2.53% | 0.48% |
| GOOGLAlphabet Inc-cl A | 1.99% | 3.05% | 1.06% |
96.5% of QQQ is already inside QQH.
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, QQH or QQQ?
QQH has an expense ratio of 0.98% while QQQ charges 0.18%. QQQ is the cheaper option, by $80 a year on a $10,000 investment.
Which performed better, QQH or QQQ?
Over the past year QQH returned +14.14% vs +22.47% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (7 years), QQH annualized +19.36% vs +21.84% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QQH or QQQ?
QQH has been the more volatile fund at 22.5% annualized versus 20.6% for QQQ. Worst drawdown: QQH -41.9% vs QQQ -35.1%.
Should I hold both QQH and QQQ?
QQH and QQQ have a monthly-return correlation of 0.90, 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.
What is the holdings overlap between QQH and QQQ?
96.5% of QQQ's money is in holdings QQH also owns. 96.5% of QQQ's is in holdings QQH also owns. They hold 91 positions in common, counted across the 97 positions we hold weights for in QQH and 101 in QQQ.
Which pays a higher dividend, QQH or QQQ?
QQH yields 0.19% while QQQ yields 0.42%, so QQQ currently pays the higher dividend yield.
Is QQQ better than QQH?
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.90. QQQ is less concentrated, with 46.7% of the fund in its ten largest positions against 66.0%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.