QQQ vs QQQT
Invesco QQQ Trust, Series 1 vs Defiance Nasdaq 100 Income Target ETF
Quick Verdict
QQQ has a lower expense ratio. QQQ delivered stronger 1-year returns. QQQ offers more diversification with 108 holdings.
Side-by-Side Comparison
| Metric | QQQ | QQQT | Winner |
|---|---|---|---|
| Expense Ratio | 0.18% | 1.20% | |
| AUM | $496.3B | $50M | |
| Dividend Yield | 0.44% | 20.93% | |
| Holdings | 108 | 5 | |
| YTD Return | +16.19% | +15.34% | |
| 1Y Return | +25.22% | +21.30% | |
| 3Y Return (annualized) | +25.47% | - | |
| 5Y Return (annualized) | +14.34% | - | |
| Volatility (annualized) | 30.6% | 17.1% | |
| Max Drawdown | -83.0% | -22.5% | |
| Fund Family | Invesco (US) | Defiance ETFs, LLC | |
| Category | Equity | Equity | |
| Inception | Mar 10, 1999 | Jun 18, 2024 |
QQQ vs QQQT Performance
Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US) and Defiance Nasdaq 100 Income Target ETF (QQQT) is a ETF from Defiance ETFs, LLC. Over the past year QQQ returned +25.22% while QQQT returned +21.30%. Year to date, QQQ is up 16.19% versus a gain of 15.34% for QQQT.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% compared with 17.1% for QQQT. 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 -83.0% for QQQ and -22.5% for QQQT. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 1.00. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
QQQ charges 0.18% per year while QQQT charges 1.20%. On a $10,000 position that is $18 vs $120 annually, a gap of $102 per year that compounds over a long holding period. On income, QQQ currently yields 0.44% against 20.93% for QQQT.
Holdings Overlap
QQQ and QQQT share 0 holdings out of 103 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, QQQ or QQQT?
QQQ has an expense ratio of 0.18% while QQQT charges 1.20%. QQQ is the cheaper option. On a $10,000 investment, that is $102 per year of difference.
Which performed better, QQQ or QQQT?
Over the past year QQQ returned +25.22% vs +21.30% for QQQT, so QQQ leads on 1-year performance. Over the longest common window we track (2 years), QQQ annualized +13.01% vs +17.57% for QQQT. Past performance does not guarantee future results.
Which is riskier, QQQ or QQQT?
QQQ has been the more volatile fund at 30.6% annualized versus 17.1% for QQQT. Worst drawdown: QQQ -83.0% vs QQQT -22.5%.
Should I hold both QQQ and QQQT?
QQQ and QQQT have a monthly-return correlation of 1.00, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.
What is the holdings overlap between QQQ and QQQT?
QQQ and QQQT share 0 common holdings with a 0.0% weight overlap. Combined, they hold 103 unique securities.
Which pays a higher dividend, QQQ or QQQT?
QQQ yields 0.44% while QQQT yields 20.93%, so QQQT currently pays the higher dividend yield.
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