INFR vs QQQ
Clearbridge Sustainable Infrastructure ETF vs Invesco QQQ Trust, Series 1
Which is better, INFR or QQQ?
Large Cap Value against Large Cap Growth.
QQQ has a lower expense ratio. QQQ led over 1Y and the full window. INFR is less concentrated, with 45.6% of the fund in its ten largest positions against 47.2%.
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 | INFR | QQQ |
|---|---|---|
| Expense Ratio | 0.59% | 0.18%Best |
| AUM | $12M | $498.6B |
| Dividend Yield | 2.52% | 0.42% |
| Holdings | 32 | 321 |
| Volatility (annualized) | 16.4%Best | 18.8% |
| Max Drawdown | -35.8% | -35.1%Best |
| $10,000 over 9.1 years | $13,712 | $54,368Best |
| Top 10 Weight | 45.6%Best | 47.2% |
| Fund Family | Franklin Templeton Investments (US) | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Growth |
| Inception | Dec 29, 2016 | Mar 10, 1999 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized).
The two price series end 253 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. INFR has data through Jan 22, 2026 and QQQ through Oct 2, 2026.
Volatility and max drawdown, and the $10,000 over 9.1 years row, are measured over the window both funds cover: Dec 30, 2016 to Jan 22, 2026 (9.1 years).
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 18.8% compared with 16.4% for INFR. 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 -35.8% for INFR and -35.1% 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 0.52. They move together some of the time, and apart the rest.
Fees and Cost Over Time
INFR charges 0.59% per year while QQQ charges 0.18%. On a $10,000 position that is $59 vs $18 annually, a gap of $41 per year that compounds over a long holding period. On income, INFR currently yields 2.52% against 0.42% for QQQ.
Holdings Overlap
11.5% of INFR's money is in holdings QQQ also owns. 0.8% of QQQ's money is in holdings INFR also owns.
INFR and QQQ share little of their money.
The two holdings books were reported 291 days apart, INFR as of Nov 28, 2025 and QQQ as of Sep 15, 2026, so some of the difference between them is the time between the two reports rather than the funds.
3 positions in common, counted across the 30 positions we hold weights for in INFR and 102 in QQQ, against full books of 32 and 321.
What only one of them owns
Our book lists 94 positions for QQQ that do not appear in our book for INFR (97.2% of the fund), and 6 for INFR that do not appear in QQQ (17.6%).
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.
You are not choosing between two funds in isolation.
Whichever of INFR 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, INFR or QQQ?
INFR has an expense ratio of 0.59% while QQQ charges 0.18%. QQQ is the cheaper option, by $41 a year on a $10,000 investment.
Which is riskier, INFR or QQQ?
QQQ has been the more volatile fund at 18.8% annualized versus 16.4% for INFR. Worst drawdown: INFR -35.8% vs QQQ -35.1%.
Should I hold both INFR and QQQ?
INFR and QQQ have a monthly-return correlation of 0.52, 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 INFR and QQQ?
11.5% of INFR's money is in holdings QQQ also owns. 0.8% of QQQ's is in holdings INFR also owns. They hold 3 positions in common, counted across the 30 positions we hold weights for in INFR and 102 in QQQ.
Which pays a higher dividend, INFR or QQQ?
INFR yields 2.52% while QQQ yields 0.42%, so INFR currently pays the higher dividend yield.
Is QQQ better than INFR?
QQQ has a lower expense ratio. QQQ led over 1Y and the full window. INFR is less concentrated, with 45.6% of the fund in its ten largest positions against 47.2%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.