QQQ vs QTR
Invesco QQQ Trust, Series 1 vs Global X NASDAQ 100 Tail Risk 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 | QTR | Winner |
|---|---|---|---|
| Expense Ratio | 0.18% | 0.25% | |
| AUM | $496.3B | $10M | |
| Dividend Yield | 0.44% | 17.12% | |
| Holdings | 108 | 107 | |
| YTD Return | +16.23% | +11.37% | |
| 1Y Return | +26.23% | +19.18% | |
| 3Y Return (annualized) | +25.75% | +19.98% | |
| 5Y Return (annualized) | +14.78% | +10.50% | |
| Volatility (annualized) | 30.6% | 18.7% | |
| Max Drawdown | -83.0% | -31.7% | |
| Fund Family | Invesco (US) | GLOBALXETFS | |
| Category | Equity | Equity | |
| Inception | Mar 10, 1999 | Aug 25, 2021 |
QQQ vs QTR Performance
Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US) and Global X NASDAQ 100 Tail Risk ETF (QTR) is a ETF from GLOBALXETFS. Over the past year QQQ returned +26.23% while QTR returned +19.18%. Year to date, QQQ is up 16.23% versus a gain of 11.37% for QTR.
Over three years, QQQ compounded at +25.75% per year against +19.98% for QTR; over five years the annualized figures are +14.78% and +10.50% respectively. Across the full 5-year window we track, QQQ has the edge at +13.02% annualized vs +10.50%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% compared with 18.7% for QTR. 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 -31.7% for QTR. 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 0.98. 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 QTR charges 0.25%. On a $10,000 position that is $18 vs $25 annually, a gap of $7 per year that compounds over a long holding period. On income, QQQ currently yields 0.44% against 17.12% for QTR.
Holdings Overlap
QQQ and QTR share 100 holdings out of 105 unique holdings combined, representing a 93.7% weight overlap.
High overlap means holding both may not provide much additional diversification.
Frequently Asked Questions
Which is cheaper, QQQ or QTR?
QQQ has an expense ratio of 0.18% while QTR charges 0.25%. QQQ is the cheaper option. On a $10,000 investment, that is $7 per year of difference.
Which performed better, QQQ or QTR?
Over the past year QQQ returned +26.23% vs +19.18% for QTR, so QQQ leads on 1-year performance. Over the longest common window we track (5 years), QQQ annualized +13.02% vs +10.50% for QTR. Past performance does not guarantee future results.
Which is riskier, QQQ or QTR?
QQQ has been the more volatile fund at 30.6% annualized versus 18.7% for QTR. Worst drawdown: QQQ -83.0% vs QTR -31.7%.
Should I hold both QQQ and QTR?
QQQ and QTR have a monthly-return correlation of 0.98, 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 QTR?
QQQ and QTR share 100 common holdings with a 93.7% weight overlap. Combined, they hold 105 unique securities.
Which pays a higher dividend, QQQ or QTR?
QQQ yields 0.44% while QTR yields 17.12%, so QTR currently pays the higher dividend yield.
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