QQQ vs UFO
Invesco QQQ Trust, Series 1 vs Procure Space ETF
Which is better, QQQ or UFO?
Large Cap Growth against Small Cap Blend.
QQQ has a lower expense ratio. QQQ led over 1Y, 5Y and the full window, UFO over 3Y. QQQ is less concentrated, with 46.7% of the fund in its ten largest positions against 55.3%.
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 | QQQ | UFO |
|---|---|---|
| Expense Ratio | 0.18%Best | 0.75% |
| AUM | $506.1B | $489M |
| Dividend Yield | 0.42% | 0.36% |
| Holdings | 321 | 67 |
| YTD Return | +19.30%Best | -1.33% |
| 1Y Return | +22.47%Best | -0.76% |
| 3Y Return (annualized) | +26.18% | +36.32%Best |
| 5Y Return (annualized) | +15.42%Best | +7.00% |
| Volatility (annualized) | 20.4%Best | 32.0% |
| Max Drawdown | -35.1%Best | -50.3% |
| $10,000 over 5 years | $20,484Best | $14,026 |
| Top 10 Weight | 46.7%Best | 55.3% |
| Fund Family | Invesco (US) | Procure ETFs |
| Category | Equity | Equity |
| Style | Large Cap Growth | Small Cap Blend |
| Inception | Mar 10, 1999 | Apr 10, 2019 |
Volatility and max drawdown are measured over the window both funds cover: Apr 11, 2019 to Oct 14, 2026 (7.5 years).
QQQ vs UFO 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 7.5 years both funds cover.
QQQ vs UFO Performance
Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US) and Procure Space ETF (UFO) is an ETF from Procure ETFs. Over the past year QQQ returned +22.47% while UFO returned -0.76%. Year to date, QQQ is up 19.30% versus a loss of 1.33% for UFO.
Over three years, QQQ compounded at +26.18% per year against +36.32% for UFO; over five years the annualized figures are +15.42% and +7.00% respectively. Across the full 8-year window we track, QQQ has the edge at +20.57% annualized vs +7.48%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
UFO has been the more volatile fund, with annualized monthly volatility of 32.0% compared with 20.4% 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 -35.1% for QQQ and -50.3% for UFO. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.60. They move together some of the time, and apart the rest.
Fees and Cost Over Time
QQQ charges 0.18% per year while UFO charges 0.75%. On a $10,000 position that is $18 vs $75 annually, a gap of $57 per year that compounds over a long holding period. On income, QQQ currently yields 0.42% against 0.36% for UFO.
Holdings Overlap
3.4% of QQQ's money is in holdings UFO also owns. 24.0% of UFO's money is in holdings QQQ also owns.
UFO and QQQ share little of their money.
4 positions in common, counted across the 101 positions we hold weights for in QQQ and 65 in UFO, against full books of 321 and 67.
What only one of them owns
Our book lists 34 positions for UFO that do not appear in our book for QQQ (60.8% of the fund), and 89 for QQQ that do not appear in UFO (92.9%).
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.
24.0% of UFO is already inside QQQ.
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, QQQ or UFO?
QQQ has an expense ratio of 0.18% while UFO charges 0.75%. QQQ is the cheaper option, by $57 a year on a $10,000 investment.
Which performed better, QQQ or UFO?
Over the past year QQQ returned +22.47% vs -0.76% for UFO, so QQQ leads on 1-year performance. Over the longest common window we track (8 years), QQQ annualized +20.57% vs +7.48% for UFO. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QQQ or UFO?
UFO has been the more volatile fund at 32.0% annualized versus 20.4% for QQQ. Worst drawdown: QQQ -35.1% vs UFO -50.3%.
Should I hold both QQQ and UFO?
QQQ and UFO have a monthly-return correlation of 0.60, 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 QQQ and UFO?
24.0% of UFO's money is in holdings QQQ also owns. 24.0% of UFO's is in holdings QQQ also owns. They hold 4 positions in common, counted across the 101 positions we hold weights for in QQQ and 65 in UFO.
Which pays a higher dividend, QQQ or UFO?
QQQ yields 0.42% while UFO yields 0.36%, so QQQ currently pays the higher dividend yield.
Is UFO better than QQQ?
QQQ has a lower expense ratio. QQQ led over 1Y, 5Y and the full window, UFO over 3Y. QQQ is less concentrated, with 46.7% of the fund in its ten largest positions against 55.3%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.