ENDW vs QQQ
ENDW vs QQQ
Cambria Endowment Style 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 | ENDW | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.22% | 0.18% | |
| AUM | $147M | $455.8B | |
| Dividend Yield | 2.50% | 0.41% | |
| Holdings | 73 | 108 | |
| YTD Return | +12.36% | +16.83% | |
| 1Y Return | +23.14% | +26.58% | |
| 3Y Return (annualized) | - | +24.70% | |
| 5Y Return (annualized) | - | +14.88% | |
| Volatility (annualized) | 8.6% | 30.6% | |
| Max Drawdown | -6.4% | -83.0% | |
| Fund Family | Cambria Investment Management | Invesco (US) | |
| Category | Allocation/Balanced | Equity | |
| Inception | Apr 10, 2025 | Mar 10, 1999 |
ENDW vs QQQ Performance
Cambria Endowment Style ETF (ENDW) is a ETF from Cambria Investment Management and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year ENDW returned +23.14% while QQQ returned +26.58%. Year to date, ENDW is up 12.36% versus a gain of 16.83% for QQQ.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% compared with 8.6% for ENDW. 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 -6.4% for ENDW 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 0.53. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
ENDW charges 0.22% per year while QQQ charges 0.18%. On a $10,000 position that is $22 vs $18 annually, a gap of $4 per year that compounds over a long holding period. On income, ENDW currently yields 2.50% against 0.41% for QQQ.
Holdings Overlap
ENDW and QQQ share 17 holdings out of 157 unique holdings combined, representing a 8.9% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in ENDW | Weight in QQQ | Difference |
|---|---|---|---|
| NVDA | 0.94% | 7.88% | 6.94% |
| AAPL | 1.10% | 7.46% | 6.36% |
| MSFT | 0.66% | 4.65% | 3.99% |
| AMZN | Pro | Pro | Pro |
| GOOGL | Pro | Pro | Pro |
| AMD | Pro | Pro | Pro |
| AVGO | Pro | Pro | Pro |
| TSLA | Pro | Pro | Pro |
| META | Pro | Pro | Pro |
| WMT | Pro | Pro | Pro |
See all 10 holdings ENDW 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, ENDW or QQQ?
ENDW has an expense ratio of 0.22% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $4 per year of difference.
Which performed better, ENDW or QQQ?
Over the past year ENDW returned +23.14% vs +26.58% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (1 years), ENDW annualized +34.50% vs +13.06% for QQQ. Past performance does not guarantee future results.
Which is riskier, ENDW or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 8.6% for ENDW. Worst drawdown: ENDW -6.4% vs QQQ -83.0%.
Should I hold both ENDW and QQQ?
ENDW and QQQ have a monthly-return correlation of 0.53, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between ENDW and QQQ?
ENDW and QQQ share 17 common holdings with a 8.9% weight overlap. Combined, they hold 157 unique securities.
Which pays a higher dividend, ENDW or QQQ?
ENDW yields 2.50% while QQQ yields 0.41%, so ENDW currently pays the higher dividend yield.
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