QQQ vs WCLD
Invesco QQQ Trust, Series 1 vs WisdomTree Cloud Computing Fund
Which is better, QQQ or WCLD?
Large Cap Growth against Mid Cap Growth.
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window. WCLD is less concentrated, with 19.3% 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 | WCLD |
|---|---|---|
| Expense Ratio | 0.18%Best | 0.45% |
| AUM | $506.1B | $301M |
| Dividend Yield | 0.42% | 0.00% |
| Holdings | 321 | 67 |
| YTD Return | +19.30% | +24.33%Best |
| 1Y Return | +22.47%Best | +21.42% |
| 3Y Return (annualized) | +26.18%Best | +12.58% |
| 5Y Return (annualized) | +15.42%Best | -7.33% |
| Volatility (annualized) | 20.5%Best | 31.1% |
| Max Drawdown | -35.1%Best | -64.9% |
| $10,000 over 5 years | $20,484Best | $6,834 |
| Top 10 Weight | 46.7% | 19.3%Best |
| Fund Family | Invesco (US) | WisdomTree Investments |
| Category | Equity | Equity |
| Style | Large Cap Growth | Mid Cap Growth |
| Inception | Mar 10, 1999 | Sep 6, 2019 |
Volatility and max drawdown are measured over the window both funds cover: Sep 6, 2019 to Oct 14, 2026 (7.1 years).
QQQ vs WCLD 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 7.1 years both funds cover.
QQQ vs WCLD Performance
Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US) and WisdomTree Cloud Computing Fund (WCLD) is an ETF from WisdomTree Investments. Over the past year QQQ returned +22.47% while WCLD returned +21.42%. Year to date, QQQ is up 19.30% versus a gain of 24.33% for WCLD.
Over three years, QQQ compounded at +26.18% per year against +12.58% for WCLD; over five years the annualized figures are +15.42% and -7.33% respectively. Across the full 7-year window we track, QQQ has the edge at +21.26% annualized vs +7.41%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
WCLD has been the more volatile fund, with annualized monthly volatility of 31.1% compared with 20.5% 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 -64.9% for WCLD. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.66. They move together some of the time, and apart the rest.
Fees and Cost Over Time
QQQ charges 0.18% per year while WCLD charges 0.45%. On a $10,000 position that is $18 vs $45 annually, a gap of $27 per year that compounds over a long holding period. On income, QQQ currently yields 0.42% against 0.00% for WCLD.
Holdings Overlap
6.0% of QQQ's money is in holdings WCLD also owns. 11.4% of WCLD's money is in holdings QQQ also owns.
WCLD and QQQ share little of their money.
7 positions in common, counted across the 101 positions we hold weights for in QQQ and 65 in WCLD, against full books of 321 and 67.
What only one of them owns
Our book lists 56 positions for WCLD that do not appear in our book for QQQ (85.9% of the fund), and 87 for QQQ that do not appear in WCLD (91.1%).
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 WCLD | Difference |
|---|---|---|---|
| PLTRPalantir Technologies Inc | 1.80% | 1.59% | 0.21% |
| CRWDCrowdstrike Holdings Inc. Class A | 1.13% | 2.09% | 0.96% |
| PANWPalo Alto Networks, Inc | 1.35% | 1.67% | 0.32% |
| SHOP:CASHOPIFY INC | 0.75% | 1.51% | 0.76% |
| DDOGDatadog Inc | 0.38% | 1.77% | 1.39% |
| ADBEAdobe Inc | 0.40% | 1.32% | 0.92% |
| WDAYWorkday Inc. | 0.16% | 1.41% | 1.25% |
You are not choosing between two funds in isolation.
Whichever of QQQ and WCLD 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 WCLD?
QQQ has an expense ratio of 0.18% while WCLD charges 0.45%. QQQ is the cheaper option, by $27 a year on a $10,000 investment.
Which performed better, QQQ or WCLD?
Over the past year QQQ returned +22.47% vs +21.42% for WCLD, so QQQ leads on 1-year performance. Over the longest common window we track (7 years), QQQ annualized +21.26% vs +7.41% for WCLD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QQQ or WCLD?
WCLD has been the more volatile fund at 31.1% annualized versus 20.5% for QQQ. Worst drawdown: QQQ -35.1% vs WCLD -64.9%.
Should I hold both QQQ and WCLD?
QQQ and WCLD have a monthly-return correlation of 0.66, 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 WCLD?
11.4% of WCLD's money is in holdings QQQ also owns. 11.4% of WCLD's is in holdings QQQ also owns. They hold 7 positions in common, counted across the 101 positions we hold weights for in QQQ and 65 in WCLD.
Which pays a higher dividend, QQQ or WCLD?
QQQ yields 0.42% while WCLD yields 0.00%, so QQQ currently pays the higher dividend yield.
Is WCLD better than QQQ?
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window. WCLD is less concentrated, with 19.3% 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.