QQQ vs USAI
Invesco QQQ Trust, Series 1 vs Pacer American Energy Infrastructure ETF
Which is better, QQQ or USAI?
Large Cap Growth against Mid Cap Value.
QQQ has a lower expense ratio. QQQ led over 3Y and the full window, USAI over 1Y and 5Y. QQQ is less concentrated, with 46.7% of the fund in its ten largest positions against 60.6%.
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 | USAI |
|---|---|---|
| Expense Ratio | 0.18%Best | 0.75% |
| AUM | $506.1B | $124M |
| Dividend Yield | 0.42% | 4.44% |
| Holdings | 321 | 72 |
| YTD Return | +19.30% | +21.42%Best |
| 1Y Return | +22.47% | +25.68%Best |
| 3Y Return (annualized) | +26.18%Best | +22.68% |
| 5Y Return (annualized) | +15.42% | +17.02%Best |
| Volatility (annualized) | 20.1%Best | 28.5% |
| Max Drawdown | -35.1%Best | -69.3% |
| $10,000 over 5 years | $20,484 | $21,943Best |
| Top 10 Weight | 46.7%Best | 60.6% |
| Fund Family | Invesco (US) | Pacer ETFs |
| Category | Equity | Equity |
| Style | Large Cap Growth | Mid Cap Value |
| Inception | Mar 10, 1999 | Dec 12, 2017 |
Volatility and max drawdown are measured over the window both funds cover: Dec 13, 2017 to Oct 14, 2026 (8.8 years).
QQQ vs USAI 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 8.8 years both funds cover.
QQQ vs USAI Performance
Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US) and Pacer American Energy Infrastructure ETF (USAI) is an ETF from Pacer ETFs. Over the past year QQQ returned +22.47% while USAI returned +25.68%. Year to date, QQQ is up 19.30% versus a gain of 21.42% for USAI.
Over three years, QQQ compounded at +26.18% per year against +22.68% for USAI; over five years the annualized figures are +15.42% and +17.02% respectively. Across the full 9-year window we track, QQQ has the edge at +19.52% annualized vs +10.54%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
USAI has been the more volatile fund, with annualized monthly volatility of 28.5% compared with 20.1% 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 -69.3% for USAI. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.47. They move together some of the time, and apart the rest.
Fees and Cost Over Time
QQQ charges 0.18% per year while USAI 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 4.44% for USAI.
Holdings Overlap
We hold position weights for 101 holdings in QQQ and 34 in USAI, totalling 99.6% and 99.8% 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 101 positions we hold weights for in QQQ and 34 in USAI, against full books of 321 and 72.
What only one of them owns
Our book lists 28 positions for USAI that do not appear in our book for QQQ (77.2% of the fund), and 93 for QQQ that do not appear in USAI (96.3%).
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 QQQ and USAI 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, QQQ or USAI?
QQQ has an expense ratio of 0.18% while USAI charges 0.75%. QQQ is the cheaper option, by $57 a year on a $10,000 investment.
Which performed better, QQQ or USAI?
Over the past year QQQ returned +22.47% vs +25.68% for USAI, so USAI leads on 1-year performance. Over the longest common window we track (9 years), QQQ annualized +19.52% vs +10.54% for USAI. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QQQ or USAI?
USAI has been the more volatile fund at 28.5% annualized versus 20.1% for QQQ. Worst drawdown: QQQ -35.1% vs USAI -69.3%.
Should I hold both QQQ and USAI?
QQQ and USAI have a monthly-return correlation of 0.47, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, QQQ or USAI?
QQQ yields 0.42% while USAI yields 4.44%, so USAI currently pays the higher dividend yield.
Is USAI better than QQQ?
QQQ has a lower expense ratio. QQQ led over 3Y and the full window, USAI over 1Y and 5Y. QQQ is less concentrated, with 46.7% of the fund in its ten largest positions against 60.6%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.