NQLT vs QQQ
Neuberger Quality Select ETF vs Invesco QQQ Trust, Series 1
Which is better, NQLT or QQQ?
QQQ costs less.
QQQ has a lower expense ratio. QQQ is less concentrated, with 47.2% of the fund in its ten largest positions against 51.0%.
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 | NQLT | QQQ |
|---|---|---|
| Expense Ratio | 0.48% | 0.18%Best |
| AUM | $49M | $498.6B |
| Dividend Yield | 0.00% | 0.42% |
| Holdings | 63 | 321 |
| YTD Return | +1.54% | +22.67%Best |
| 1Y Return | - | +24.33% |
| 3Y Return (annualized) | - | +29.05% |
| 5Y Return (annualized) | - | +17.00% |
| Top 10 Weight | 51.0% | 47.2%Best |
| Fund Family | Neuberger Berman | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | Jul 10, 2026 | Mar 10, 1999 |
Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window.
NQLT 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.
NQLT vs QQQ Performance
Neuberger Quality Select ETF (NQLT) is an ETF from Neuberger Berman and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Year to date, NQLT is up 1.54% versus a gain of 22.67% for QQQ.
Past performance does not guarantee future results.
Fees and Cost Over Time
NQLT charges 0.48% per year while QQQ charges 0.18%. On a $10,000 position that is $48 vs $18 annually, a gap of $30 per year that compounds over a long holding period. On income, NQLT currently yields 0.00% against 0.42% for QQQ.
Holdings Overlap
46.2% of NQLT's money is in holdings QQQ also owns. 40.7% of QQQ's money is in holdings NQLT also owns.
The two portfolios partly overlap.
15 positions in common, counted across the 62 positions we hold weights for in NQLT and 102 in QQQ, against full books of 63 and 321.
What only one of them owns
Our book lists 81 positions for QQQ that do not appear in our book for NQLT (57.0% of the fund), and 43 for NQLT that do not appear in QQQ (45.3%).
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 NQLT | Weight in QQQ | Difference |
|---|---|---|---|
| AAPLApple, Inc | 6.92% | 7.80% | 0.88% |
| NVDANvidia Corp | 5.79% | 8.45% | 2.66% |
| MSFTMicrosoft Corp | 7.34% | 5.88% | 1.46% |
| AMZNAmazon.Com Inc | 7.86% | 4.41% | 3.45% |
| GOOGAlphabet Inc. C | 5.29% | 2.93% | 2.36% |
| GOOGLAlphabet Inc,class A | 3.60% | 3.15% | 0.45% |
| COSTCostco Wholesale Corp. | 1.47% | 1.77% | 0.30% |
| AMATApplied Materials, Inc. | 1.24% | 1.60% | 0.36% |
| SPCXSpace Exploration Technologies | 1.38% | 1.28% | 0.10% |
| TXNTexas Instrument Inc | 0.97% | 1.08% | 0.11% |
46.2% of NQLT is already inside QQQ.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, NQLT or QQQ?
NQLT has an expense ratio of 0.48% while QQQ charges 0.18%. QQQ is the cheaper option, by $30 a year on a $10,000 investment.
What is the holdings overlap between NQLT and QQQ?
46.2% of NQLT's money is in holdings QQQ also owns. 40.7% of QQQ's is in holdings NQLT also owns. They hold 15 positions in common, counted across the 62 positions we hold weights for in NQLT and 102 in QQQ.
Which pays a higher dividend, NQLT or QQQ?
NQLT yields 0.00% while QQQ yields 0.42%, so QQQ currently pays the higher dividend yield.
Is QQQ better than NQLT?
QQQ has a lower expense ratio. QQQ is less concentrated, with 47.2% of the fund in its ten largest positions against 51.0%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.