HRTS vs QQQ
Tema Heart & Health ETF vs Invesco QQQ Trust, Series 1
Which is better, HRTS or QQQ?
Large Cap Blend against Large Cap Growth.
QQQ has a lower expense ratio. QQQ led over 1Y and the full window. QQQ is less concentrated, with 46.5% of the fund in its ten largest positions against 47.9%.
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 | HRTS | QQQ |
|---|---|---|
| Expense Ratio | 0.75% | 0.18%Best |
| AUM | $56M | $483.5B |
| Dividend Yield | 1.27% | 0.44% |
| Holdings | 45 | 107 |
| YTD Return | +2.25% | +17.95%Best |
| 1Y Return | +19.92% | +21.77%Best |
| 3Y Return (annualized) | - | +25.63% |
| 5Y Return (annualized) | - | +15.24% |
| Volatility (annualized) | 17.4% | 16.8%Best |
| Max Drawdown | -24.7% | -22.8%Best |
| $10,000 over 2.8 years | $14,133 | $18,763Best |
| Top 10 Weight | 47.9% | 46.5%Best |
| Fund Family | Tema Global Limited | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Growth |
| Inception | Nov 20, 2023 | Mar 10, 1999 |
Volatility and max drawdown, and the $10,000 over 2.8 years row, are measured over the window both funds cover: Nov 21, 2023 to Sep 18, 2026 (2.8 years).
HRTS 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 covers the 2.8 years both funds cover.
HRTS vs QQQ Performance
Tema Heart & Health ETF (HRTS) is an ETF from Tema Global Limited and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year HRTS returned +19.92% while QQQ returned +21.77%. Year to date, HRTS is up 2.25% versus a gain of 17.95% for QQQ.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
HRTS has been the more volatile fund, with annualized monthly volatility of 17.4% compared with 16.8% for QQQ. 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 -24.7% for HRTS and -22.8% for QQQ. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.27. They move largely independently of each other.
Fees and Cost Over Time
HRTS charges 0.75% per year while QQQ charges 0.18%. On a $10,000 position that is $75 vs $18 annually, a gap of $57 per year that compounds over a long holding period. On income, HRTS currently yields 1.27% against 0.44% for QQQ.
Holdings Overlap
14.0% of HRTS's money is in holdings QQQ also owns. 3.4% of QQQ's money is in holdings HRTS also owns.
HRTS and QQQ share little of their money.
7 positions in common, counted across the 45 positions we hold weights for in HRTS and 102 in QQQ, against full books of 45 and 107.
What only one of them owns
Our book lists 89 positions for QQQ that do not appear in our book for HRTS (94.1% of the fund), and 29 for HRTS that do not appear in QQQ (67.6%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in HRTS | Weight in QQQ | Difference |
|---|---|---|---|
| GILDGilead Sciences | 3.13% | 0.72% | 2.41% |
| VRTXNvaesrtex Pharmaceuticals Inc | 3.02% | 0.54% | 2.48% |
| ISRGIntuitive Surgical Inc. | 2.10% | 0.58% | 1.52% |
| AMGNAmgen Inc. | 1.38% | 0.97% | 0.41% |
| DXCMDexcom Inc. | 1.75% | 0.14% | 1.61% |
| REGNRegeneron Pharmaceuticals, Inc. | 1.39% | 0.35% | 1.04% |
| ALNYAlnylam Pharmaceuticals Inc. | 1.21% | 0.13% | 1.08% |
You are not choosing between two funds in isolation.
Whichever of HRTS 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, HRTS or QQQ?
HRTS has an expense ratio of 0.75% while QQQ charges 0.18%. QQQ is the cheaper option, by $57 a year on a $10,000 investment.
Which performed better, HRTS or QQQ?
Over the past year HRTS returned +19.92% vs +21.77% 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, HRTS or QQQ?
HRTS has been the more volatile fund at 17.4% annualized versus 16.8% for QQQ. Worst drawdown: HRTS -24.7% vs QQQ -22.8%.
Should I hold both HRTS and QQQ?
HRTS and QQQ have a monthly-return correlation of 0.27, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between HRTS and QQQ?
14.0% of HRTS's money is in holdings QQQ also owns. 3.4% of QQQ's is in holdings HRTS also owns. They hold 7 positions in common, counted across the 45 positions we hold weights for in HRTS and 102 in QQQ.
Which pays a higher dividend, HRTS or QQQ?
HRTS yields 1.27% while QQQ yields 0.44%, so HRTS currently pays the higher dividend yield.
Is QQQ better than HRTS?
QQQ has a lower expense ratio. QQQ led over 1Y and the full window. QQQ is less concentrated, with 46.5% of the fund in its ten largest positions against 47.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.