QQQ vs QQQT
Invesco QQQ Trust, Series 1 vs Defiance Nasdaq 100 Income Target ETF
Which is better, QQQ or QQQT?
Large Cap Growth against Large Cap Blend.
QQQ has a lower expense ratio. QQQ led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.99.
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 | QQQ | QQQT |
|---|---|---|
| Expense Ratio | 0.18%Best | 1.20% |
| AUM | $437.3B | $50M |
| Dividend Yield | 0.43% | 21.56% |
| Holdings | 208 | 12 |
| YTD Return | +12.62%Best | +8.80% |
| 1Y Return | +11.32%Best | +7.16% |
| 3Y Return (annualized) | +22.90% | - |
| 5Y Return (annualized) | +12.43% | - |
| Volatility (annualized) | 17.9% | 17.3%Best |
| Max Drawdown | -22.8% | -22.5%Best |
| $10,000 over 2.4 years | $14,537Best | $12,983 |
| Fund Family | Invesco (US) | Defiance ETFs, LLC |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Blend |
| Inception | Mar 10, 1999 | Jun 18, 2024 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.4 years row, are measured over the window both funds cover: Jun 21, 2024 to Nov 12, 2026 (2.4 years).
QQQ vs QQQT 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 2.4 years both funds cover.
QQQ vs QQQT Performance
Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US) and Defiance Nasdaq 100 Income Target ETF (QQQT) is an ETF from Defiance ETFs, LLC. Over the past year QQQ returned +11.32% while QQQT returned +7.16%. Year to date, QQQ is up 12.62% versus a gain of 8.80% for QQQT.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 17.9% compared with 17.3% 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 -22.8% for QQQ and -22.5% for QQQT. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.99. 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 0.43% against 21.56% for QQQT.
Holdings Overlap
We hold position weights for 101 holdings in QQQ and 2 in QQQT, totalling 99.7% and 102.0% 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 101 positions we hold weights for in QQQ and 2 in QQQT, against full books of 208 and 12.
You are not choosing between two funds in isolation.
Whichever of QQQ and QQQT 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, QQQ or QQQT?
QQQ has an expense ratio of 0.18% while QQQT charges 1.20%. QQQ is the cheaper option, by $102 a year on a $10,000 investment.
Which performed better, QQQ or QQQT?
Over the past year QQQ returned +11.32% vs +7.16% for QQQT, so QQQ leads on 1-year performance. Over the longest common window we track (2 years), QQQ annualized +16.87% vs +11.49% for QQQT. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QQQ or QQQT?
QQQ has been the more volatile fund at 17.9% annualized versus 17.3% for QQQT. Worst drawdown: QQQ -22.8% vs QQQT -22.5%.
Should I hold both QQQ and QQQT?
QQQ and QQQT have a monthly-return correlation of 0.99, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
Which pays a higher dividend, QQQ or QQQT?
QQQ yields 0.43% while QQQT yields 21.56%, so QQQT currently pays the higher dividend yield.
Is QQQT better than QQQ?
QQQ has a lower expense ratio. QQQ led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.99. Which one suits a particular account depends on what it is for. This is information, not a recommendation.