MADE vs QQQ
MADE vs QQQ
iShares US Manufacturing ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. MADE delivered stronger 1-year returns. MADE offers more diversification with 114 holdings.
Side-by-Side Comparison
| Metric | MADE | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.40% | 0.18% | |
| AUM | $63M | $455.8B | |
| Dividend Yield | 0.61% | 0.41% | |
| Holdings | 117 | 108 | |
| YTD Return | +19.72% | +16.83% | |
| 1Y Return | +38.84% | +26.58% | |
| 3Y Return (annualized) | - | +24.70% | |
| 5Y Return (annualized) | - | +14.88% | |
| Volatility (annualized) | 18.9% | 30.6% | |
| Max Drawdown | -23.8% | -83.0% | |
| Fund Family | iShares by BlackRock (US) | Invesco (US) | |
| Category | Equity | Equity | |
| Inception | Jul 17, 2024 | Mar 10, 1999 |
MADE vs QQQ Performance
iShares US Manufacturing ETF (MADE) 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 MADE returned +38.84% while QQQ returned +26.58%. Year to date, MADE is up 19.72% 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 18.9% for MADE. 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 -23.8% for MADE 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 0.70. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
MADE charges 0.40% per year while QQQ charges 0.18%. On a $10,000 position that is $40 vs $18 annually, a gap of $22 per year that compounds over a long holding period. On income, MADE currently yields 0.61% against 0.41% for QQQ.
Holdings Overlap
MADE and QQQ share 5 holdings out of 212 unique holdings combined, representing a 1.3% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in MADE | Weight in QQQ | Difference |
|---|---|---|---|
| PCAR | 2.90% | 0.29% | 2.61% |
| HONA | 2.14% | 0.30% | 1.84% |
| HON | 2.09% | 0.31% | 1.78% |
| AXON | Pro | Pro | Pro |
| RKLB | Pro | Pro | Pro |
See all 5 holdings MADE 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, MADE or QQQ?
MADE has an expense ratio of 0.40% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $22 per year of difference.
Which performed better, MADE or QQQ?
Over the past year MADE returned +38.84% vs +26.58% for QQQ, so MADE leads on 1-year performance. Over the longest common window we track (2 years), MADE annualized +25.72% vs +13.06% for QQQ. Past performance does not guarantee future results.
Which is riskier, MADE or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 18.9% for MADE. Worst drawdown: MADE -23.8% vs QQQ -83.0%.
Should I hold both MADE and QQQ?
MADE and QQQ have a monthly-return correlation of 0.70, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between MADE and QQQ?
MADE and QQQ share 5 common holdings with a 1.3% weight overlap. Combined, they hold 212 unique securities.
Which pays a higher dividend, MADE or QQQ?
MADE yields 0.61% while QQQ yields 0.41%, so MADE currently pays the higher dividend yield.
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