AGZD vs QQQ
AGZD vs QQQ
WisdomTree Interest Rate Hedged US Aggregate Bond Fund vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. QQQ delivered stronger 1-year returns. AGZD offers more diversification with 1254 holdings.
Side-by-Side Comparison
| Metric | AGZD | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.23% | 0.18% | |
| AUM | $133M | $455.8B | |
| Dividend Yield | 4.00% | 0.41% | |
| Holdings | 1,368 | 108 | |
| YTD Return | +2.79% | +14.45% | |
| 1Y Return | +5.44% | +24.70% | |
| 3Y Return (annualized) | +5.70% | +24.19% | |
| 5Y Return (annualized) | +4.42% | +14.49% | |
| Volatility (annualized) | 2.1% | 30.6% | |
| Max Drawdown | -13.1% | -83.0% | |
| Fund Family | WisdomTree Investments | Invesco (US) | |
| Category | Fixed Income | Equity | |
| Inception | Dec 18, 2013 | Mar 10, 1999 |
AGZD vs QQQ Performance
WisdomTree Interest Rate Hedged US Aggregate Bond Fund (AGZD) is a ETF from WisdomTree Investments and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year AGZD returned +5.44% while QQQ returned +24.70%. Year to date, AGZD is up 2.79% versus a gain of 14.45% for QQQ.
Over three years, AGZD compounded at +5.70% per year against +24.19% for QQQ; over five years the annualized figures are +4.42% and +14.49% respectively. Across the full 13-year window we track, QQQ has the edge at +12.98% annualized vs +1.25%. 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 2.1% for AGZD. 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 -13.1% for AGZD 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 0.49. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
AGZD charges 0.23% per year while QQQ charges 0.18%. On a $10,000 position that is $23 vs $18 annually, a gap of $5 per year that compounds over a long holding period. On income, AGZD currently yields 4.00% against 0.41% for QQQ.
Holdings Overlap
AGZD and QQQ share 0 holdings out of 1357 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, AGZD or QQQ?
AGZD has an expense ratio of 0.23% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $5 per year of difference.
Which performed better, AGZD or QQQ?
Over the past year AGZD returned +5.44% vs +24.70% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (13 years), AGZD annualized +1.25% vs +12.98% for QQQ. Past performance does not guarantee future results.
Which is riskier, AGZD or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 2.1% for AGZD. Worst drawdown: AGZD -13.1% vs QQQ -83.0%.
Should I hold both AGZD and QQQ?
AGZD and QQQ have a monthly-return correlation of 0.49, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between AGZD and QQQ?
AGZD and QQQ share 0 common holdings with a 0.0% weight overlap. Combined, they hold 1357 unique securities.
Which pays a higher dividend, AGZD or QQQ?
AGZD yields 4.00% while QQQ yields 0.41%, so AGZD currently pays the higher dividend yield.
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