NACP vs QQQ
NACP vs QQQ
Impact Shares NAACP Minority Empowerment ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. NACP delivered stronger 1-year returns. NACP offers more diversification with 202 holdings.
Side-by-Side Comparison
| Metric | NACP | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.49% | 0.18% | |
| AUM | $73M | $455.8B | |
| Dividend Yield | 2.76% | 0.41% | |
| Holdings | 203 | 108 | |
| YTD Return | +18.81% | +14.45% | |
| 1Y Return | +36.90% | +24.70% | |
| 3Y Return (annualized) | +24.58% | +24.19% | |
| 5Y Return (annualized) | +14.61% | +14.49% | |
| Volatility (annualized) | 17.7% | 30.6% | |
| Max Drawdown | -31.0% | -83.0% | |
| Fund Family | Impact shares | Invesco (US) | |
| Category | Equity | Equity | |
| Inception | Jul 12, 2018 | Mar 10, 1999 |
NACP vs QQQ Performance
Impact Shares NAACP Minority Empowerment ETF (NACP) is a ETF from Impact shares and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year NACP returned +36.90% while QQQ returned +24.70%. Year to date, NACP is up 18.81% versus a gain of 14.45% for QQQ.
Over three years, NACP compounded at +24.58% per year against +24.19% for QQQ; over five years the annualized figures are +14.61% and +14.49% respectively. Across the full 8-year window we track, NACP has the edge at +16.23% annualized vs +12.98%. 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 17.7% for NACP. 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 -31.0% for NACP 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 0.94. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
NACP charges 0.49% per year while QQQ charges 0.18%. On a $10,000 position that is $49 vs $18 annually, a gap of $31 per year that compounds over a long holding period. On income, NACP currently yields 2.76% against 0.41% for QQQ.
Holdings Overlap
NACP and QQQ share 33 holdings out of 272 unique holdings combined, representing a 49.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in NACP | Weight in QQQ | Difference |
|---|---|---|---|
| NVDA | 4.79% | 7.88% | 3.09% |
| MSFT | 4.77% | 4.65% | 0.12% |
| MU | 4.72% | 4.67% | 0.05% |
| AMZN | Pro | Pro | Pro |
| AMD | Pro | Pro | Pro |
| GOOGL | Pro | Pro | Pro |
| META | Pro | Pro | Pro |
| TSLA | Pro | Pro | Pro |
| INTC | Pro | Pro | Pro |
| CSCO | Pro | Pro | Pro |
See all 10 holdings NACP 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, NACP or QQQ?
NACP has an expense ratio of 0.49% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $31 per year of difference.
Which performed better, NACP or QQQ?
Over the past year NACP returned +36.90% vs +24.70% for QQQ, so NACP leads on 1-year performance. Over the longest common window we track (8 years), NACP annualized +16.23% vs +12.98% for QQQ. Past performance does not guarantee future results.
Which is riskier, NACP or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 17.7% for NACP. Worst drawdown: NACP -31.0% vs QQQ -83.0%.
Should I hold both NACP and QQQ?
NACP and QQQ have a monthly-return correlation of 0.94, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.
What is the holdings overlap between NACP and QQQ?
NACP and QQQ share 33 common holdings with a 49.0% weight overlap. Combined, they hold 272 unique securities.
Which pays a higher dividend, NACP or QQQ?
NACP yields 2.76% while QQQ yields 0.41%, so NACP currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.