AGOX vs QQQ
AGOX vs QQQ
Adaptive Alpha Opportunities ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. QQQ delivered stronger 1-year returns. QQQ offers more diversification with 103 holdings.
Side-by-Side Comparison
| Metric | AGOX | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 1.33% | 0.18% | |
| AUM | $371M | $455.8B | |
| Dividend Yield | 2.65% | 0.41% | |
| Holdings | 464 | 108 | |
| YTD Return | +19.96% | +17.27% | |
| 1Y Return | +20.27% | +28.64% | |
| 3Y Return (annualized) | +14.75% | +24.88% | |
| 5Y Return (annualized) | +7.74% | +14.86% | |
| Volatility (annualized) | 18.7% | 30.6% | |
| Max Drawdown | -26.9% | -83.0% | |
| Fund Family | Adaptive ETFs | Invesco (US) | |
| Category | Equity | Equity | |
| Inception | Sep 20, 2012 | Mar 10, 1999 |
AGOX vs QQQ Performance
Adaptive Alpha Opportunities ETF (AGOX) is a ETF from Adaptive ETFs and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year AGOX returned +20.27% while QQQ returned +28.64%. Year to date, AGOX is up 19.96% versus a gain of 17.27% for QQQ.
Over three years, AGOX compounded at +14.75% per year against +24.88% for QQQ; over five years the annualized figures are +7.74% and +14.86% respectively. Across the full 5-year window we track, QQQ has the edge at +13.08% annualized vs +8.77%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% compared with 18.7% for AGOX. 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 -26.9% for AGOX and -83.0% for QQQ. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.87. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
AGOX charges 1.33% per year while QQQ charges 0.18%. On a $10,000 position that is $133 vs $18 annually, a gap of $115 per year that compounds over a long holding period. On income, AGOX currently yields 2.65% against 0.41% for QQQ.
Holdings Overlap
AGOX and QQQ share 6 holdings out of 135 unique holdings combined, representing a 4.7% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in AGOX | Weight in QQQ | Difference |
|---|---|---|---|
| NVDA | 1.91% | 7.88% | 5.97% |
| WDC | 3.69% | 0.85% | 2.84% |
| TSLA | 0.68% | 3.16% | 2.48% |
| LRCX | Pro | Pro | Pro |
| PLTR | Pro | Pro | Pro |
| RKLB | Pro | Pro | Pro |
See all 6 holdings AGOX 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, AGOX or QQQ?
AGOX has an expense ratio of 1.33% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $115 per year of difference.
Which performed better, AGOX or QQQ?
Over the past year AGOX returned +20.27% vs +28.64% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (5 years), AGOX annualized +8.77% vs +13.08% for QQQ. Past performance does not guarantee future results.
Which is riskier, AGOX or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 18.7% for AGOX. Worst drawdown: AGOX -26.9% vs QQQ -83.0%.
Should I hold both AGOX and QQQ?
AGOX and QQQ have a monthly-return correlation of 0.87, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between AGOX and QQQ?
AGOX and QQQ share 6 common holdings with a 4.7% weight overlap. Combined, they hold 135 unique securities.
Which pays a higher dividend, AGOX or QQQ?
AGOX yields 2.65% while QQQ yields 0.41%, so AGOX currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.