AAEQ vs QQQ
AAEQ vs QQQ
Alpha Architect US Equity 2 ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
AAEQ has a lower expense ratio. AAEQ offers more diversification with 345 holdings.
Side-by-Side Comparison
| Metric | AAEQ | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.09% | 0.18% | |
| AUM | $491M | $455.8B | |
| Dividend Yield | 0.09% | 0.41% | |
| Holdings | 355 | 108 | |
| YTD Return | +12.03% | +18.20% | |
| 1Y Return | - | +27.63% | |
| 3Y Return (annualized) | - | +25.54% | |
| 5Y Return (annualized) | - | +15.12% | |
| Volatility (annualized) | - | 30.6% | |
| Max Drawdown | -10.3% | -83.0% | |
| Fund Family | Alpha Architect | Invesco (US) | |
| Category | Equity | Equity | |
| Inception | Dec 9, 2025 | Mar 10, 1999 |
AAEQ vs QQQ Performance
Alpha Architect US Equity 2 ETF (AAEQ) is a ETF from Alpha Architect and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Year to date, AAEQ is up 12.03% versus a gain of 18.20% for QQQ.
Risk: Volatility and Drawdowns
The deepest peak-to-trough decline in our data was -10.3% for AAEQ and -83.0% for QQQ. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
Fees and Cost Over Time
AAEQ charges 0.09% per year while QQQ charges 0.18%. On a $10,000 position that is $9 vs $18 annually, a gap of $9 per year that compounds over a long holding period. On income, AAEQ currently yields 0.09% against 0.41% for QQQ.
Holdings Overlap
AAEQ and QQQ share 82 holdings out of 366 unique holdings combined, representing a 54.1% weight overlap.
High overlap means holding both may not provide much additional diversification.
Top Shared Holdings
| Stock | Weight in AAEQ | Weight in QQQ | Difference |
|---|---|---|---|
| AAPL | 8.62% | 7.46% | 1.16% |
| NVDA | 7.47% | 7.88% | 0.41% |
| MSFT | 5.04% | 4.65% | 0.39% |
| AMZN | Pro | Pro | Pro |
| GOOGL | Pro | Pro | Pro |
| MU | Pro | Pro | Pro |
| AVGO | Pro | Pro | Pro |
| GOOG | Pro | Pro | Pro |
| META | Pro | Pro | Pro |
| AMD | Pro | Pro | Pro |
See all 10 holdings AAEQ shares with QQQ Exact weights in each fund and the difference, for every overlapping position. Get FundXLS Pro: $29/moFirst 500 subscribers, then $49/mo. Cancel anytime. | |||
Frequently Asked Questions
Which is cheaper, AAEQ or QQQ?
AAEQ has an expense ratio of 0.09% while QQQ charges 0.18%. AAEQ is the cheaper option. On a $10,000 investment, that is $9 per year of difference.
What is the holdings overlap between AAEQ and QQQ?
AAEQ and QQQ share 82 common holdings with a 54.1% weight overlap. Combined, they hold 366 unique securities.
Which pays a higher dividend, AAEQ or QQQ?
AAEQ yields 0.09% while QQQ yields 0.41%, so QQQ currently pays the higher dividend yield.
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