QQQ vs QTR
Invesco QQQ Trust, Series 1 vs Global X NASDAQ 100 Tail Risk ETF
Which is better, QQQ or QTR?
Nearly the same fund. QQQ costs less.
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.98. QTR is less concentrated, with 45.5% of the fund in its ten largest positions against 46.5%.
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 | QTR |
|---|---|---|
| Expense Ratio | 0.18%Best | 0.25% |
| AUM | $483.5B | $9M |
| Dividend Yield | 0.44% | 16.74% |
| Holdings | 107 | 107 |
| YTD Return | +16.87%Best | +11.39% |
| 1Y Return | +22.98%Best | +15.52% |
| 3Y Return (annualized) | +24.98%Best | +19.11% |
| 5Y Return (annualized) | +14.39%Best | +10.46% |
| Volatility (annualized) | 20.9% | 18.6%Best |
| Max Drawdown | -35.1% | -31.7%Best |
| $10,000 over 5 years | $19,586Best | $16,445 |
| Top 10 Weight | 46.5% | 45.5%Best |
| Fund Family | Invesco (US) | GLOBALXETFS |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | Mar 10, 1999 | Aug 25, 2021 |
Volatility and max drawdown are measured over the window both funds cover: Aug 26, 2021 to Sep 11, 2026 (5 years).
QQQ vs QTR 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 5 years both funds cover.
QQQ vs QTR Performance
Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US) and Global X NASDAQ 100 Tail Risk ETF (QTR) is an ETF from GLOBALXETFS. Over the past year QQQ returned +22.98% while QTR returned +15.52%. Year to date, QQQ is up 16.87% versus a gain of 11.39% for QTR.
Over three years, QQQ compounded at +24.98% per year against +19.11% for QTR; over five years the annualized figures are +14.39% and +10.46% respectively.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 20.9% compared with 18.6% 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 -35.1% for QQQ and -31.7% for QTR. Drawdown depth is what each fund did in the worst stretch of the window measured above.
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 16.74% for QTR.
Holdings Overlap
99.7% of QQQ's money is in holdings QTR also owns. 99.3% of QTR's money is in holdings QQQ also owns.
Most of QQQ is already inside QTR. Owning both mostly buys the same companies twice.
101 positions in common, counted across the 102 positions we hold weights for in QQQ and 102 in QTR, against full books of 107 and 107.
What only one of them owns
Our book lists 0 positions for QTR that do not appear in our book for QQQ (0.0% of the fund), and 1 for QQQ that do not appear in QTR (0.2%).
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 QQQ | Weight in QTR | Difference |
|---|---|---|---|
| NVDANvidia Corp. | 8.44% | 8.49% | 0.05% |
| AAPLApple, Inc | 7.27% | 6.99% | 0.28% |
| MSFTMicrosoft Corp 4.100 Feb 06 37 | 5.76% | 5.72% | 0.04% |
| MUMicron Technology, Inc. | 4.43% | 4.71% | 0.28% |
| AMZNAmazon.Com Inc | 4.67% | 4.39% | 0.28% |
| AMDAdvanced Micro Devices Inc. | 3.45% | 3.59% | 0.14% |
| GOOGLAlphabet A Usd 0.001 | 3.36% | 3.12% | 0.24% |
| AVGOBroadcom Inc | 3.16% | 2.90% | 0.26% |
| GOOGAlphabet Inc | 3.13% | 2.90% | 0.23% |
| METAMeta Platforms, Inc. | 2.78% | 2.71% | 0.07% |
99.7% of QQQ is already inside QTR.
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, QQQ or QTR?
QQQ has an expense ratio of 0.18% while QTR charges 0.25%. QQQ is the cheaper option, by $7 a year on a $10,000 investment.
Which performed better, QQQ or QTR?
Over the past year QQQ returned +22.98% vs +15.52% for QTR, so QQQ leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QQQ or QTR?
QQQ has been the more volatile fund at 20.9% annualized versus 18.6% for QTR. Worst drawdown: QQQ -35.1% 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. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between QQQ and QTR?
99.7% of QQQ's money is in holdings QTR also owns. 99.3% of QTR's is in holdings QQQ also owns. They hold 101 positions in common, counted across the 102 positions we hold weights for in QQQ and 102 in QTR.
Which pays a higher dividend, QQQ or QTR?
QQQ yields 0.44% while QTR yields 16.74%, so QTR currently pays the higher dividend yield.
Is QTR better than QQQ?
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.98. QTR is less concentrated, with 45.5% of the fund in its ten largest positions against 46.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.