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AGG vs. QQQM

iShares Core U.S. Aggregate Bond ETF

AGG
$--
vs

Invesco Exchange-Traded Fund Trust II Invesco NASDAQ 100 ETF

QQQM
$--

Correlation

0.30
AGGiShares Core U.S. Aggregate Bond ETF
QQQMInvesco Exchange-Traded Fund Trust II Invesco NASDAQ 100 ETF

What is AGG?

The iShares Core U.S. Aggregate Bond ETF seeks investment results that correspond generally to the price and yield performance before fees and expenses of the total United States investment grade bond market as defined by the Bloomberg U.S. Aggregate Bond Index.

Snapshot
**

AGG iShares Core U.S. Aggregate Bond ETF
QQQM Invesco Exchange-Traded Fund Trust II Invesco NASDAQ 100 ETF
Inception date
Sep 22 2003
Oct 13 2020
Expense ratio
0.03%
0.15%
AGG has a lower expense ratio than QQQM by 0.12%. This can indicate that it’s cheaper to invest in AGG than QQQM.
Type
US Bonds
US Equities
AGG targets investing in US Bonds, while QQQM targets investing in US Equities.
Fund owner
Blackrock (iShares)
Invesco
AGG is managed by Blackrock (iShares), while QQQM is managed by Invesco.
Volume (1m avg. daily)
$631,408,505
$154,621,362
Both AGG and QQQM are considered high-volume assets. They’re less likely to be affected by issues like slippage and failed orders on Composer than low-volume assets.
AUM
$91,680,069,240
$14,236,186,221
AGG has more assets under management than QQQM by $77,443,883,019. Higher AUM can be associated with better liquidity and lower slippage in trading.
Associated index
Bloomberg US Aggregate Bond Index
Nasdaq 100 Index
AGG is based off of the Bloomberg US Aggregate Bond Index, while QQQM is based off of the Nasdaq 100 Index
Inverse/Leveraged
No
No
AGG and QQQM use the same leverage ratio. Inverse and leveraged ETFs can be used to either take an opposite position or amplify returns of a given index.
Passive/Active
Passive
Passive
AGG and QQQM both use a Passive investing strategy. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.
Dividend
No
No
AGG and QQQM may offer dividends. The frequency and yield of the dividend may not be the same.
Prospectus
Neither AGG nor QQQM require a K1.
When ETFs are uncorrelated, it’s common for them to be used as complements in a trading strategy. This means it makes sense to be holding both of them at the same time, or to use one as a hedge for the other.

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Category

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Risk Rating

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Automated Strategies
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Category

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Risk Rating

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Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.