NFLT vs QQQ
Virtus Newfleet Multi-Sector Bond ETF vs Invesco QQQ Trust, Series 1
Which is better, NFLT or QQQ?
Diversified Sectoral Bond against Large Cap Growth.
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 | NFLT | QQQ |
|---|---|---|
| Expense Ratio | 0.50% | 0.18%Best |
| AUM | $486M | $483.5B |
| Dividend Yield | 5.41% | 0.44% |
| Holdings | 895 | 107 |
| YTD Return | +0.98% | +16.87%Best |
| 1Y Return | +2.65% | +22.98%Best |
| 3Y Return (annualized) | +6.98% | +24.98%Best |
| 5Y Return (annualized) | +2.80% | +14.39%Best |
| Volatility (annualized) | 5.3%Best | 18.8% |
| Max Drawdown | -18.9%Best | -35.1% |
| $10,000 over 5 years | $11,481 | $19,586Best |
| Fund Family | Virtus Investment Partners | Invesco (US) |
| Category | Fixed Income | Equity |
| Style | Diversified Sectoral Bond | Large Cap Growth |
| Inception | Aug 10, 2015 | Mar 10, 1999 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Aug 11, 2015 to Sep 11, 2026 (11.1 years).
NFLT 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.
NFLT vs QQQ Performance
Virtus Newfleet Multi-Sector Bond ETF (NFLT) is an ETF from Virtus Investment Partners and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year NFLT returned +2.65% while QQQ returned +22.98%. Year to date, NFLT is up 0.98% versus a gain of 16.87% for QQQ.
Over three years, NFLT compounded at +6.98% per year against +24.98% for QQQ; over five years the annualized figures are +2.80% and +14.39% respectively. Across the full 11-year window we track, QQQ has the edge at +18.73% annualized vs +1.66%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 18.8% compared with 5.3% for NFLT. 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 -18.9% for NFLT 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 0.62. They move together some of the time, and apart the rest.
Fees and Cost Over Time
NFLT charges 0.50% per year while QQQ charges 0.18%. On a $10,000 position that is $50 vs $18 annually, a gap of $32 per year that compounds over a long holding period. On income, NFLT currently yields 5.41% against 0.44% for QQQ.
Holdings Overlap
At least 3.4% of QQQ's money is in holdings NFLT also owns.
Stated as a floor: for NFLT, our book for it covers 2.1% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
QQQ and NFLT share little of their money.
1 positions in common, counted across the 26 positions we hold weights for in NFLT and 102 in QQQ, against full books of 895 and 107.
Top Shared Holdings
| Stock | Weight in NFLT | Weight in QQQ | Difference |
|---|---|---|---|
| GOOGLAlphabet A Usd 0.001 | 0.03% | 3.36% | 3.33% |
You are not choosing between two funds in isolation.
Whichever of NFLT 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, NFLT or QQQ?
NFLT has an expense ratio of 0.50% while QQQ charges 0.18%. QQQ is the cheaper option, by $32 a year on a $10,000 investment.
Which performed better, NFLT or QQQ?
Over the past year NFLT returned +2.65% vs +22.98% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (11 years), NFLT annualized +1.66% vs +18.73% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, NFLT or QQQ?
QQQ has been the more volatile fund at 18.8% annualized versus 5.3% for NFLT. Worst drawdown: NFLT -18.9% vs QQQ -35.1%.
Should I hold both NFLT and QQQ?
NFLT and QQQ have a monthly-return correlation of 0.62, 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 NFLT and QQQ?
At least 3.4% of QQQ's money is in holdings NFLT also owns. Our book for NFLT is partial, so the real figure is this or higher. They hold 1 positions in common, counted across the 26 positions we hold weights for in NFLT and 102 in QQQ.
Which pays a higher dividend, NFLT or QQQ?
NFLT yields 5.41% while QQQ yields 0.44%, so NFLT currently pays the higher dividend yield.
Is QQQ better than NFLT?
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.