LQ vs QQQ
Simplify Tax Aware Alternatives ETF vs Invesco QQQ Trust, Series 1
Which is better, LQ or QQQ?
Multi Alternative against Large Cap Growth.
LQ has a lower expense ratio.
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 | LQ | QQQ |
|---|---|---|
| Expense Ratio | 0.15%Best | 0.18% |
| AUM | $2M | $437.3B |
| Dividend Yield | 1.25% | 0.43% |
| Holdings | 15 | 208 |
| Fund Family | Simplify Exchange Traded Funds | Invesco (US) |
| Category | Alternative | Equity |
| Style | Multi Alternative | Large Cap Growth |
| Inception | May 4, 2026 | Mar 10, 1999 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized), Volatility (annualized), Max Drawdown, $10,000 over the window, Top 10 Weight.
The two price series end 12 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. LQ has data through Oct 30, 2026 and QQQ through Nov 11, 2026.
Fees and Cost Over Time
LQ charges 0.15% per year while QQQ charges 0.18%. On a $10,000 position that is $15 vs $18 annually, a gap of $3 per year that compounds over a long holding period. On income, LQ currently yields 1.25% against 0.43% for QQQ.
You are not choosing between two funds in isolation.
Whichever of LQ 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, LQ or QQQ?
LQ has an expense ratio of 0.15% while QQQ charges 0.18%. LQ is the cheaper option, by $3 a year on a $10,000 investment.
Which pays a higher dividend, LQ or QQQ?
LQ yields 1.25% while QQQ yields 0.43%, so LQ currently pays the higher dividend yield.
Is QQQ better than LQ?
LQ has a lower expense ratio. Which one suits a particular account depends on what it is for. This is information, not a recommendation.