FTNJ vs QQQ
Franklin New Jersey Municipal Income ETF vs Invesco QQQ Trust, Series 1
Which is better, FTNJ or QQQ?
Municipal New Jersey against Large Cap Growth.
QQQ has a lower expense ratio. QQQ led over 1Y.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | FTNJ | QQQ |
|---|---|---|
| Expense Ratio | 0.35% | 0.18%Best |
| AUM | $201M | $437.3B |
| Dividend Yield | 3.36% | 0.43% |
| Holdings | 452 | 208 |
| YTD Return | +0.80% | +11.18%Best |
| 1Y Return | +1.19% | +9.52%Best |
| 3Y Return (annualized) | - | +22.24% |
| 5Y Return (annualized) | - | +12.11% |
| Volatility (annualized) | 6.5%Best | 23.2% |
| Fund Family | Franklin Templeton Investments (US) | Invesco (US) |
| Category | Fixed Income | Equity |
| Style | Municipal New Jersey | Large Cap Growth |
| Inception | Feb 20, 1990 | Mar 10, 1999 |
Not shown on this pair: Max Drawdown, $10,000 over the window, Top 10 Weight.
FTNJ vs QQQ growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
FTNJ vs QQQ Performance
Franklin New Jersey Municipal Income ETF (FTNJ) is an ETF from Franklin Templeton Investments (US) and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year FTNJ returned +1.19% while QQQ returned +9.52%. Year to date, FTNJ is up 0.80% versus a gain of 11.18% for QQQ.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 23.2% compared with 6.5% for FTNJ. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The two funds' monthly returns correlate at 0.01. They move largely independently of each other.
Fees and Cost Over Time
FTNJ charges 0.35% per year while QQQ charges 0.18%. On a $10,000 position that is $35 vs $18 annually, a gap of $17 per year that compounds over a long holding period. On income, FTNJ currently yields 3.36% against 0.43% for QQQ.
Holdings Overlap
We hold position weights for 86 holdings in FTNJ and 101 in QQQ, totalling 46.0% and 99.7% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 86 positions we hold weights for in FTNJ and 101 in QQQ, against full books of 452 and 208.
You are not choosing between two funds in isolation.
Whichever of FTNJ and QQQ you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, FTNJ or QQQ?
FTNJ has an expense ratio of 0.35% while QQQ charges 0.18%. QQQ is the cheaper option, by $17 a year on a $10,000 investment.
Which performed better, FTNJ or QQQ?
Over the past year FTNJ returned +1.19% vs +9.52% for QQQ, so QQQ leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FTNJ or QQQ?
QQQ has been the more volatile fund at 23.2% annualized versus 6.5% for FTNJ.
Should I hold both FTNJ and QQQ?
FTNJ and QQQ have a monthly-return correlation of 0.01, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, FTNJ or QQQ?
FTNJ yields 3.36% while QQQ yields 0.43%, so FTNJ currently pays the higher dividend yield.
Is QQQ better than FTNJ?
QQQ has a lower expense ratio. QQQ led over 1Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.