QQQ vs WAMA
Invesco QQQ Trust, Series 1 vs WisdomTree US Adaptive Moving Average Fund ETF
Which is better, QQQ or WAMA?
Large Cap Growth against Allocation/Balanced.
QQQ has a lower expense ratio. WAMA is less concentrated, with 40.6% 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 | QQQ | WAMA |
|---|---|---|
| Expense Ratio | 0.18%Best | 0.32% |
| AUM | $506.1B | $206M |
| Dividend Yield | 0.42% | 0.58% |
| Holdings | 321 | 1,012 |
| YTD Return | +19.30%Best | +10.52% |
| 1Y Return | +22.47% | - |
| 3Y Return (annualized) | +26.18% | - |
| 5Y Return (annualized) | +15.42% | - |
| Top 10 Weight | 46.7% | 40.6%Best |
| Fund Family | Invesco (US) | WisdomTree Investments |
| Category | Equity | Allocation/Balanced |
| Style | Large Cap Growth | Allocation/Balanced |
| Inception | Mar 10, 1999 | Mar 12, 2026 |
Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window.
QQQ vs WAMA 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
QQQ vs WAMA Performance
Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US) and WisdomTree US Adaptive Moving Average Fund ETF (WAMA) is an ETF from WisdomTree Investments. Year to date, QQQ is up 19.30% versus a gain of 10.52% for WAMA.
Past performance does not guarantee future results.
Fees and Cost Over Time
QQQ charges 0.18% per year while WAMA charges 0.32%. On a $10,000 position that is $18 vs $32 annually, a gap of $14 per year that compounds over a long holding period. On income, QQQ currently yields 0.42% against 0.58% for WAMA.
Holdings Overlap
84.5% of QQQ's money is in holdings WAMA also owns. 53.0% of WAMA's money is in holdings QQQ also owns.
Most of QQQ is already inside WAMA. Owning both mostly buys the same companies twice.
86 positions in common, counted across the 101 positions we hold weights for in QQQ and 504 in WAMA, against full books of 321 and 1,012.
What only one of them owns
Our book lists 394 positions for WAMA that do not appear in our book for QQQ (44.4% of the fund), and 8 for QQQ that do not appear in WAMA (12.7%).
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 QQQ | Weight in WAMA | Difference |
|---|---|---|---|
| NVDANvidia Corp. | 8.33% | 7.81% | 0.52% |
| AAPLApple, Inc | 7.35% | 7.50% | 0.15% |
| MSFTMicrosoft Corp 4.100 Feb 06 37 | 5.76% | 5.56% | 0.20% |
| GOOGLAlphabet Inc-cl A | 3.05% | 6.27% | 3.22% |
| AMZNAmazon.Com Inc | 4.07% | 3.87% | 0.20% |
| MUMicron Technology, Inc. | 5.02% | 1.48% | 3.54% |
| METAMeta Platform Inc | 3.26% | 2.44% | 0.82% |
| AMDAdvanced Micro Devices Inc. | 4.17% | 1.22% | 2.95% |
| AVGOBroadcom Inc | 2.53% | 2.26% | 0.27% |
| TSLATesla Motors Inc | 2.82% | 1.57% | 1.25% |
84.5% of QQQ is already inside WAMA.
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 WAMA?
QQQ has an expense ratio of 0.18% while WAMA charges 0.32%. QQQ is the cheaper option, by $14 a year on a $10,000 investment.
What is the holdings overlap between QQQ and WAMA?
84.5% of QQQ's money is in holdings WAMA also owns. 53.0% of WAMA's is in holdings QQQ also owns. They hold 86 positions in common, counted across the 101 positions we hold weights for in QQQ and 504 in WAMA.
Which pays a higher dividend, QQQ or WAMA?
QQQ yields 0.42% while WAMA yields 0.58%, so WAMA currently pays the higher dividend yield.
Is WAMA better than QQQ?
QQQ has a lower expense ratio. WAMA is less concentrated, with 40.6% 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.