QQQ vs REFA

Quick Verdict

QQQ has a lower expense ratio. REFA offers more diversification with 210 holdings.

Lower Fees: QQQHigher Returns: TiedMore Diversified: REFA

Side-by-Side Comparison

MetricQQQREFAWinner
Expense Ratio0.18%0.32%
AUM$455.8B$6M
Dividend Yield0.41%0.03%
Holdings108207
YTD Return+18.34%+13.34%
1Y Return+28.94%-
3Y Return (annualized)+25.28%-
5Y Return (annualized)+15.22%-
Volatility (annualized)30.6%-
Max Drawdown-83.0%-11.2%
Fund FamilyInvesco (US)Columbia Threadneedle Investments
CategoryEquityEquity
InceptionMar 10, 1999Dec 11, 2025

QQQ vs REFA Performance

Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US) and Columbia Research Enhanced International Equity ETF (REFA) is a ETF from Columbia Threadneedle Investments. Year to date, QQQ is up 18.34% versus a gain of 13.34% for REFA.

Risk: Volatility and Drawdowns

The deepest peak-to-trough decline in our data was -83.0% for QQQ and -11.2% for REFA. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

Fees and Cost Over Time

QQQ charges 0.18% per year while REFA charges 0.32%. On a $10,000 position that is $18 vs $32 annually, a gap of $14 per year that compounds over a long holding period. On income, QQQ currently yields 0.41% against 0.03% for REFA.

Holdings Overlap

0.0%overlap

QQQ and REFA share 0 holdings out of 313 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, QQQ or REFA?

QQQ has an expense ratio of 0.18% while REFA charges 0.32%. QQQ is the cheaper option. On a $10,000 investment, that is $14 per year of difference.

What is the holdings overlap between QQQ and REFA?

QQQ and REFA share 0 common holdings with a 0.0% weight overlap. Combined, they hold 313 unique securities.

Which pays a higher dividend, QQQ or REFA?

QQQ yields 0.41% while REFA yields 0.03%, so QQQ currently pays the higher dividend yield.

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