EZM vs QQQ
EZM vs QQQ
WisdomTree US MidCap Fund vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. QQQ delivered stronger 1-year returns. EZM offers more diversification with 502 holdings.
Side-by-Side Comparison
| Metric | EZM | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.38% | 0.18% | |
| AUM | $940M | $455.8B | |
| Dividend Yield | 1.21% | 0.41% | |
| Holdings | 509 | 108 | |
| YTD Return | +15.19% | +17.27% | |
| 1Y Return | +24.79% | +28.64% | |
| 3Y Return (annualized) | +13.28% | +24.88% | |
| 5Y Return (annualized) | +9.32% | +14.86% | |
| Volatility (annualized) | 20.1% | 30.6% | |
| Max Drawdown | -60.6% | -83.0% | |
| Fund Family | WisdomTree Investments | Invesco (US) | |
| Category | Equity | Equity | |
| Inception | Feb 23, 2007 | Mar 10, 1999 |
EZM vs QQQ Performance
WisdomTree US MidCap Fund (EZM) is a ETF from WisdomTree Investments and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year EZM returned +24.79% while QQQ returned +28.64%. Year to date, EZM is up 15.19% versus a gain of 17.27% for QQQ.
Over three years, EZM compounded at +13.28% per year against +24.88% for QQQ; over five years the annualized figures are +9.32% and +14.86% respectively. Across the full 19-year window we track, QQQ has the edge at +13.08% annualized vs +8.58%. 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 20.1% for EZM. 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 -60.6% for EZM 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 0.76. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
EZM charges 0.38% per year while QQQ charges 0.18%. On a $10,000 position that is $38 vs $18 annually, a gap of $20 per year that compounds over a long holding period. On income, EZM currently yields 1.21% against 0.41% for QQQ.
Holdings Overlap
EZM and QQQ share 0 holdings out of 605 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, EZM or QQQ?
EZM has an expense ratio of 0.38% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $20 per year of difference.
Which performed better, EZM or QQQ?
Over the past year EZM returned +24.79% vs +28.64% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (19 years), EZM annualized +8.58% vs +13.08% for QQQ. Past performance does not guarantee future results.
Which is riskier, EZM or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 20.1% for EZM. Worst drawdown: EZM -60.6% vs QQQ -83.0%.
Should I hold both EZM and QQQ?
EZM and QQQ have a monthly-return correlation of 0.76, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between EZM and QQQ?
EZM and QQQ share 0 common holdings with a 0.0% weight overlap. Combined, they hold 605 unique securities.
Which pays a higher dividend, EZM or QQQ?
EZM yields 1.21% while QQQ yields 0.41%, so EZM currently pays the higher dividend yield.
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