JLQD vs QQQ
Janus Henderson Corporate Bond ETF vs Invesco QQQ Trust, Series 1
Which is better, JLQD or QQQ?
QQQ has been ahead.
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window.
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 | JLQD | QQQ |
|---|---|---|
| Expense Ratio | 0.20% | 0.18%Best |
| AUM | $14M | $483.5B |
| Dividend Yield | 6.00% | 0.44% |
| Holdings | 152 | 107 |
| YTD Return | -1.29% | +17.21%Best |
| 1Y Return | -0.53% | +22.10%Best |
| 3Y Return (annualized) | +5.52% | +25.27%Best |
| 5Y Return (annualized) | -0.16% | +14.60%Best |
| Volatility (annualized) | 7.8%Best | 20.9% |
| Max Drawdown | -21.2%Best | -35.1% |
| $10,000 over 5 years | $9,920 | $19,766Best |
| Fund Family | Janus Henderson Investors | Invesco (US) |
| Category | Fixed Income | Equity |
| Style | - | Large Cap Growth |
| Inception | Sep 8, 2021 | Mar 10, 1999 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Sep 9, 2021 to Sep 17, 2026 (5 years).
JLQD 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 5 years both funds cover.
JLQD vs QQQ Performance
Janus Henderson Corporate Bond ETF (JLQD) is an ETF from Janus Henderson Investors and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year JLQD returned -0.53% while QQQ returned +22.10%. Year to date, JLQD is down 1.29% versus a gain of 17.21% for QQQ.
Over three years, JLQD compounded at +5.52% per year against +25.27% for QQQ; over five years the annualized figures are -0.16% and +14.60% respectively.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 20.9% compared with 7.8% for JLQD. 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 -21.2% for JLQD 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 0.65. They move together some of the time, and apart the rest.
Fees and Cost Over Time
JLQD charges 0.20% per year while QQQ charges 0.18%. On a $10,000 position that is $20 vs $18 annually, a gap of $2 per year that compounds over a long holding period. On income, JLQD currently yields 6.00% against 0.44% for QQQ.
Holdings Overlap
We hold position weights for 81 holdings in JLQD and 102 in QQQ, totalling 53.6% and 99.9% 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 81 positions we hold weights for in JLQD and 102 in QQQ, against full books of 152 and 107.
You are not choosing between two funds in isolation.
Whichever of JLQD 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, JLQD or QQQ?
JLQD has an expense ratio of 0.20% while QQQ charges 0.18%. QQQ is the cheaper option, by $2 a year on a $10,000 investment.
Which performed better, JLQD or QQQ?
Over the past year JLQD returned -0.53% vs +22.10% 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, JLQD or QQQ?
QQQ has been the more volatile fund at 20.9% annualized versus 7.8% for JLQD. Worst drawdown: JLQD -21.2% vs QQQ -35.1%.
Should I hold both JLQD and QQQ?
JLQD and QQQ have a monthly-return correlation of 0.65, 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, JLQD or QQQ?
JLQD yields 6.00% while QQQ yields 0.44%, so JLQD currently pays the higher dividend yield.
Is QQQ better than JLQD?
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.