QQQ vs XNAV
QQQ vs XNAV
Invesco QQQ Trust, Series 1 vs FundX Aggressive 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 | XNAV | Winner |
|---|---|---|---|
| Expense Ratio | 0.18% | 1.27% | |
| AUM | $455.8B | $30M | |
| Dividend Yield | 0.41% | 0.48% | |
| Holdings | 108 | 23 | |
| YTD Return | +16.83% | +11.98% | |
| 1Y Return | +26.58% | +26.43% | |
| 3Y Return (annualized) | +24.70% | +19.49% | |
| 5Y Return (annualized) | +14.88% | - | |
| Volatility (annualized) | 30.6% | 16.7% | |
| Max Drawdown | -83.0% | -24.3% | |
| Fund Family | Invesco (US) | FundX Funds | |
| Category | Equity | Equity | |
| Inception | Mar 10, 1999 | Oct 14, 2022 |
QQQ vs XNAV Performance
Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US) and FundX Aggressive ETF (XNAV) is a ETF from FundX Funds. Over the past year QQQ returned +26.58% while XNAV returned +26.43%. Year to date, QQQ is up 16.83% versus a gain of 11.98% for XNAV.
Over three years, QQQ compounded at +24.70% per year against +19.49% for XNAV. Across the full 4-year window we track, XNAV has the edge at +20.17% 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 16.7% for XNAV. 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 -24.3% for XNAV. 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 0.84. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
QQQ charges 0.18% per year while XNAV charges 1.27%. On a $10,000 position that is $18 vs $127 annually, a gap of $109 per year that compounds over a long holding period. On income, QQQ currently yields 0.41% against 0.48% for XNAV.
Holdings Overlap
QQQ and XNAV share 0 holdings out of 125 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 XNAV?
QQQ has an expense ratio of 0.18% while XNAV charges 1.27%. QQQ is the cheaper option. On a $10,000 investment, that is $109 per year of difference.
Which performed better, QQQ or XNAV?
Over the past year QQQ returned +26.58% vs +26.43% for XNAV, so QQQ leads on 1-year performance. Over the longest common window we track (4 years), QQQ annualized +13.06% vs +20.17% for XNAV. Past performance does not guarantee future results.
Which is riskier, QQQ or XNAV?
QQQ has been the more volatile fund at 30.6% annualized versus 16.7% for XNAV. Worst drawdown: QQQ -83.0% vs XNAV -24.3%.
Should I hold both QQQ and XNAV?
QQQ and XNAV have a monthly-return correlation of 0.84, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between QQQ and XNAV?
QQQ and XNAV share 0 common holdings with a 0.0% weight overlap. Combined, they hold 125 unique securities.
Which pays a higher dividend, QQQ or XNAV?
QQQ yields 0.41% while XNAV yields 0.48%, so XNAV currently pays the higher dividend yield.
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