HYXF vs QQQ
HYXF vs QQQ
iShares ESG Advanced High Yield Corporate Bond ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. QQQ delivered stronger 1-year returns. HYXF offers more diversification with 517 holdings.
Side-by-Side Comparison
| Metric | HYXF | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.35% | 0.18% | |
| AUM | $194M | $455.8B | |
| Dividend Yield | 6.07% | 0.41% | |
| Holdings | 610 | 108 | |
| YTD Return | +1.30% | +18.20% | |
| 1Y Return | +4.28% | +27.63% | |
| 3Y Return (annualized) | +8.18% | +25.54% | |
| 5Y Return (annualized) | +3.53% | +15.12% | |
| Volatility (annualized) | 6.7% | 30.6% | |
| Max Drawdown | -19.1% | -83.0% | |
| Fund Family | iShares by BlackRock (US) | Invesco (US) | |
| Category | Fixed Income | Equity | |
| Inception | Jun 14, 2016 | Mar 10, 1999 |
HYXF vs QQQ Performance
iShares ESG Advanced High Yield Corporate Bond ETF (HYXF) 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 HYXF returned +4.28% while QQQ returned +27.63%. Year to date, HYXF is up 1.30% versus a gain of 18.20% for QQQ.
Over three years, HYXF compounded at +8.18% per year against +25.54% for QQQ; over five years the annualized figures are +3.53% and +15.12% respectively. Across the full 10-year window we track, QQQ has the edge at +13.11% annualized vs +2.42%. 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 6.7% for HYXF. 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 -19.1% for HYXF 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 0.69. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
HYXF charges 0.35% per year while QQQ charges 0.18%. On a $10,000 position that is $35 vs $18 annually, a gap of $17 per year that compounds over a long holding period. On income, HYXF currently yields 6.07% against 0.41% for QQQ.
Holdings Overlap
HYXF and QQQ share 0 holdings out of 620 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, HYXF or QQQ?
HYXF has an expense ratio of 0.35% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $17 per year of difference.
Which performed better, HYXF or QQQ?
Over the past year HYXF returned +4.28% vs +27.63% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (10 years), HYXF annualized +2.42% vs +13.11% for QQQ. Past performance does not guarantee future results.
Which is riskier, HYXF or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 6.7% for HYXF. Worst drawdown: HYXF -19.1% vs QQQ -83.0%.
Should I hold both HYXF and QQQ?
HYXF and QQQ have a monthly-return correlation of 0.69, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between HYXF and QQQ?
HYXF and QQQ share 0 common holdings with a 0.0% weight overlap. Combined, they hold 620 unique securities.
Which pays a higher dividend, HYXF or QQQ?
HYXF yields 6.07% while QQQ yields 0.41%, so HYXF currently pays the higher dividend yield.
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