AFTY vs. QQQ

Last updated Jun 3, 2026

AFTY (Pacer CSOP FTSE China A50 ETF) and QQQ (Invesco QQQ ETF) are both exchange-traded funds - AFTY is a China Equities fund tracking the FTSE China A 50, while QQQ is a Nasdaq-100 fund tracking the NASDAQ-100 Index. Both are passively managed. At a 0.35 correlation, their price movements are largely independent. AFTY charges 0.70%/yr vs 0.18%/yr for QQQ.

Performance

AFTY vs. QQQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Pacer CSOP FTSE China A50 ETF (AFTY) and Invesco QQQ ETF (QQQ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

AFTY

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

QQQ

• 1D: 0.46%
• 1M: 10.68%
• YTD: 21.62%
• 6M: 20.27%
• 1Y: 43.30%
• 3Y*: 28.89%
• 5Y*: 18.43%
• 10Y*: 21.97%

*Multi-year figures are annualized to reflect compound growth (CAGR)

AFTY vs. QQQ - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
AFTY Pacer CSOP FTSE China A50 ETF	0.00%	0.00%	20.48%	-12.80%	-22.47%	-7.37%	33.77%	44.23%	-24.26%	45.15%
QQQ Invesco QQQ ETF	21.62%	20.77%	25.58%	54.86%	-32.58%	27.42%	48.62%	38.96%	-0.13%	32.66%

Correlation

The correlation between AFTY and QQQ is 0.35, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (3Y) Calculated over the trailing 3-year period	0.15
Correlation (5Y) Calculated over the trailing 5-year period	0.20
Correlation (10Y) Calculated over the trailing 10-year period	0.35
Correlation (All Time) Calculated using the full available price history since Mar 13, 2015	0.35

The correlation between AFTY and QQQ shifts across timeframes, from 0.15 (3 years) to 0.35 (all time), reflecting how their relationship changes across market environments.

AFTY vs. QQQ - Sectors Allocation Comparison

Sectors	AFTY	QQQ
Financial Services	50.4%	0.2%
Basic Materials	15.5%	1.1%
Energy	11.5%	0.6%
Technology	7.4%	53.8%
Consumer Defensive	6.1%	7.7%
Industrials	4.7%	2.8%
Utilities	4.4%	1.4%
Communication Services	-	15.8%
Consumer Cyclical	-	12.3%
Healthcare	-	4.2%
Real Estate	-	0.1%

Return for Risk

AFTY vs. QQQ — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

QQQ

QQQ Risk / Return Rank: 77
QQQ Sharpe Ratio Rank: 83
QQQ Sortino Ratio Rank: 78
QQQ Omega Ratio Rank: 77
QQQ Calmar Ratio Rank: 73
QQQ Martin Ratio Rank: 74

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AFTY vs. QQQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Pacer CSOP FTSE China A50 ETF (AFTY) and Invesco QQQ ETF (QQQ). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	AFTY	QQQ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.73	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.83	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.99	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.41	—

Drawdowns

Drawdown Indicators

	AFTY	QQQ	Difference
Max Drawdown Largest peak-to-trough decline	—	-82.97%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-11.96%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-22.77%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-35.12%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-35.12%	—
Current Drawdown Current decline from peak	—	0.00%	—
Average Drawdown Average peak-to-trough decline	—	-32.79%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	3.11%	—

Volatility

Volatility by Period

	AFTY	QQQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	4.48%	—
Volatility (6M) Calculated over the trailing 6-month period	—	12.11%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	15.95%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	22.39%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	22.30%	—

AFTY vs. QQQ - Expense Ratio Comparison

AFTY has a 0.70% expense ratio, which is higher than QQQ's 0.18% expense ratio.

Dividends

AFTY vs. QQQ - Dividend Comparison

AFTY has not paid dividends to shareholders, while QQQ's dividend yield for the trailing twelve months is around 0.38%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AFTY Pacer CSOP FTSE China A50 ETF	0.00%	0.00%	0.00%	2.23%	2.08%	1.84%	1.48%	7.96%	1.85%	6.62%	1.19%	16.76%
QQQ Invesco QQQ ETF	0.38%	0.45%	0.56%	0.62%	0.80%	0.43%	0.55%	0.74%	0.91%	0.84%	1.06%	0.99%

Frequently Asked Questions

Can I hold both AFTY and QQQ in my portfolio?

AFTY and QQQ have a correlation of 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, AFTY or QQQ?

On fees, QQQ is cheaper at 0.18% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, AFTY or QQQ?

QQQ is cheaper with a 0.18% expense ratio, compared with 0.70% for AFTY.

Which ETF pays a higher dividend yield, AFTY or QQQ?

QQQ has the higher dividend yield at 0.38%, compared with 0.00% for AFTY.

What is the main difference between AFTY and QQQ?

AFTY is categorized as China Equities, while QQQ is Nasdaq-100. AFTY tracks FTSE China A 50, while QQQ tracks NASDAQ-100 Index. They also come from different issuers: Pacer and Invesco. Their fees differ too: 0.70% for AFTY and 0.18% for QQQ.