QQQ vs USFI
QQQ vs USFI
Invesco QQQ Trust, Series 1 vs BrandywineGLOBAL - US Fixed Income ETF
Quick Verdict
QQQ has a lower expense ratio. QQQ delivered stronger 1-year returns. QQQ offers more diversification with 103 holdings.
Side-by-Side Comparison
| Metric | QQQ | USFI | Winner |
|---|---|---|---|
| Expense Ratio | 0.18% | 0.39% | |
| AUM | $455.8B | $10M | |
| Dividend Yield | 0.41% | 4.25% | |
| Holdings | 108 | 59 | |
| YTD Return | +17.27% | +0.72% | |
| 1Y Return | +28.64% | +2.69% | |
| 3Y Return (annualized) | +24.88% | +4.23% | |
| 5Y Return (annualized) | +14.86% | - | |
| Volatility (annualized) | 30.6% | 7.2% | |
| Max Drawdown | -83.0% | -8.5% | |
| Fund Family | Invesco (US) | Franklin Templeton Investments (US) | |
| Category | Equity | Fixed Income | |
| Inception | Mar 10, 1999 | Jul 25, 2023 |
QQQ vs USFI Performance
Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US) and BrandywineGLOBAL - US Fixed Income ETF (USFI) is a ETF from Franklin Templeton Investments (US). Over the past year QQQ returned +28.64% while USFI returned +2.69%. Year to date, QQQ is up 17.27% versus a gain of 0.72% for USFI.
Over three years, QQQ compounded at +24.88% per year against +4.23% for USFI. Across the full 3-year window we track, QQQ has the edge at +13.08% annualized vs +3.82%. 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 7.2% for USFI. 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 -8.5% for USFI. 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 0.42. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
QQQ charges 0.18% per year while USFI charges 0.39%. On a $10,000 position that is $18 vs $39 annually, a gap of $21 per year that compounds over a long holding period. On income, QQQ currently yields 0.41% against 4.25% for USFI.
Holdings Overlap
QQQ and USFI share 0 holdings out of 145 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 USFI?
QQQ has an expense ratio of 0.18% while USFI charges 0.39%. QQQ is the cheaper option. On a $10,000 investment, that is $21 per year of difference.
Which performed better, QQQ or USFI?
Over the past year QQQ returned +28.64% vs +2.69% for USFI, so QQQ leads on 1-year performance. Over the longest common window we track (3 years), QQQ annualized +13.08% vs +3.82% for USFI. Past performance does not guarantee future results.
Which is riskier, QQQ or USFI?
QQQ has been the more volatile fund at 30.6% annualized versus 7.2% for USFI. Worst drawdown: QQQ -83.0% vs USFI -8.5%.
Should I hold both QQQ and USFI?
QQQ and USFI have a monthly-return correlation of 0.42, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between QQQ and USFI?
QQQ and USFI share 0 common holdings with a 0.0% weight overlap. Combined, they hold 145 unique securities.
Which pays a higher dividend, QQQ or USFI?
QQQ yields 0.41% while USFI yields 4.25%, so USFI currently pays the higher dividend yield.
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