EUSA vs QQQ
EUSA vs QQQ
iShares MSCI USA Equal Weighted ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
EUSA has a lower expense ratio. QQQ delivered stronger 1-year returns. EUSA offers more diversification with 494 holdings.
Side-by-Side Comparison
| Metric | EUSA | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.09% | 0.18% | |
| AUM | $1.8B | $455.8B | |
| Dividend Yield | 1.45% | 0.41% | |
| Holdings | 534 | 108 | |
| YTD Return | +14.07% | +18.20% | |
| 1Y Return | +20.00% | +27.63% | |
| 3Y Return (annualized) | +15.56% | +25.54% | |
| 5Y Return (annualized) | +8.16% | +15.12% | |
| Volatility (annualized) | 15.4% | 30.6% | |
| Max Drawdown | -39.2% | -83.0% | |
| Fund Family | iShares by BlackRock (US) | Invesco (US) | |
| Category | Equity | Equity | |
| Inception | May 5, 2010 | Mar 10, 1999 |
EUSA vs QQQ Performance
iShares MSCI USA Equal Weighted ETF (EUSA) is a ETF from iShares by BlackRock (US) and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year EUSA returned +20.00% while QQQ returned +27.63%. Year to date, EUSA is up 14.07% versus a gain of 18.20% for QQQ.
Over three years, EUSA compounded at +15.56% per year against +25.54% for QQQ; over five years the annualized figures are +8.16% and +15.12% respectively. Across the full 16-year window we track, QQQ has the edge at +13.11% annualized vs +10.97%. 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 15.4% for EUSA. 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 -39.2% for EUSA 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 0.82. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
EUSA 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, EUSA currently yields 1.45% against 0.41% for QQQ.
Holdings Overlap
EUSA and QQQ share 87 holdings out of 510 unique holdings combined, representing a 15.6% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in EUSA | Weight in QQQ | Difference |
|---|---|---|---|
| NVDA | 0.16% | 7.88% | 7.72% |
| MU | 0.25% | 4.67% | 4.42% |
| MSFT | 0.17% | 4.65% | 4.48% |
| AMZN | Pro | Pro | Pro |
| AMD | Pro | Pro | Pro |
| GOOGL | Pro | Pro | Pro |
| TSLA | Pro | Pro | Pro |
| META | Pro | Pro | Pro |
| GOOG | Pro | Pro | Pro |
| AVGO | Pro | Pro | Pro |
See all 10 holdings EUSA 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, EUSA or QQQ?
EUSA has an expense ratio of 0.09% while QQQ charges 0.18%. EUSA is the cheaper option. On a $10,000 investment, that is $9 per year of difference.
Which performed better, EUSA or QQQ?
Over the past year EUSA returned +20.00% vs +27.63% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (16 years), EUSA annualized +10.97% vs +13.11% for QQQ. Past performance does not guarantee future results.
Which is riskier, EUSA or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 15.4% for EUSA. Worst drawdown: EUSA -39.2% vs QQQ -83.0%.
Should I hold both EUSA and QQQ?
EUSA and QQQ have a monthly-return correlation of 0.82, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between EUSA and QQQ?
EUSA and QQQ share 87 common holdings with a 15.6% weight overlap. Combined, they hold 510 unique securities.
Which pays a higher dividend, EUSA or QQQ?
EUSA yields 1.45% while QQQ yields 0.41%, so EUSA currently pays the higher dividend yield.
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