QQQ vs USCA
QQQ vs USCA
Invesco QQQ Trust, Series 1 vs Xtrackers MSCI USA Climate Action Equity ETF
Quick Verdict
USCA has a lower expense ratio. QQQ delivered stronger 1-year returns. USCA offers more diversification with 405 holdings.
Side-by-Side Comparison
| Metric | QQQ | USCA | Winner |
|---|---|---|---|
| Expense Ratio | 0.18% | 0.07% | |
| AUM | $455.8B | $3.4B | |
| Dividend Yield | 0.41% | 1.14% | |
| Holdings | 108 | 273 | |
| YTD Return | +16.83% | +10.07% | |
| 1Y Return | +26.58% | +16.98% | |
| 3Y Return (annualized) | +24.70% | +19.29% | |
| 5Y Return (annualized) | +14.88% | - | |
| Volatility (annualized) | 30.6% | 12.8% | |
| Max Drawdown | -83.0% | -19.1% | |
| Fund Family | Invesco (US) | Xtrackers ETFs | |
| Category | Equity | Equity | |
| Inception | Mar 10, 1999 | Apr 4, 2023 |
QQQ vs USCA Performance
Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US) and Xtrackers MSCI USA Climate Action Equity ETF (USCA) is a ETF from Xtrackers ETFs. Over the past year QQQ returned +26.58% while USCA returned +16.98%. Year to date, QQQ is up 16.83% versus a gain of 10.07% for USCA.
Over three years, QQQ compounded at +24.70% per year against +19.29% for USCA. Across the full 3-year window we track, USCA has the edge at +21.38% annualized vs +13.06%. 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 12.8% for USCA. 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 -83.0% for QQQ and -19.1% for USCA. 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 0.89. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
QQQ charges 0.18% per year while USCA charges 0.07%. On a $10,000 position that is $18 vs $7 annually, a gap of $11 per year that compounds over a long holding period. On income, QQQ currently yields 0.41% against 1.14% for USCA.
Holdings Overlap
QQQ and USCA share 80 holdings out of 428 unique holdings combined, representing a 54.3% weight overlap.
High overlap means holding both may not provide much additional diversification.
Top Shared Holdings
| Stock | Weight in QQQ | Weight in USCA | Difference |
|---|---|---|---|
| NVDA | 7.88% | 9.16% | 1.28% |
| AAPL | 7.46% | 9.38% | 1.92% |
| MSFT | 4.65% | 5.17% | 0.52% |
| AMZN | Pro | Pro | Pro |
| GOOGL | Pro | Pro | Pro |
| AVGO | Pro | Pro | Pro |
| GOOG | Pro | Pro | Pro |
| META | Pro | Pro | Pro |
| AMD | Pro | Pro | Pro |
| MU | Pro | Pro | Pro |
See all 10 holdings QQQ shares with USCA 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, QQQ or USCA?
QQQ has an expense ratio of 0.18% while USCA charges 0.07%. USCA is the cheaper option. On a $10,000 investment, that is $11 per year of difference.
Which performed better, QQQ or USCA?
Over the past year QQQ returned +26.58% vs +16.98% for USCA, so QQQ leads on 1-year performance. Over the longest common window we track (3 years), QQQ annualized +13.06% vs +21.38% for USCA. Past performance does not guarantee future results.
Which is riskier, QQQ or USCA?
QQQ has been the more volatile fund at 30.6% annualized versus 12.8% for USCA. Worst drawdown: QQQ -83.0% vs USCA -19.1%.
Should I hold both QQQ and USCA?
QQQ and USCA have a monthly-return correlation of 0.89, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between QQQ and USCA?
QQQ and USCA share 80 common holdings with a 54.3% weight overlap. Combined, they hold 428 unique securities.
Which pays a higher dividend, QQQ or USCA?
QQQ yields 0.41% while USCA yields 1.14%, so USCA currently pays the higher dividend yield.
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