QQQ vs TDAQ
Invesco QQQ Trust, Series 1 vs TappAlpha Innovation 100 Growth & Daily Income ETF
Which is better, QQQ or TDAQ?
Large Cap Growth against Option Writing.
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 | TDAQ |
|---|---|---|
| Expense Ratio | 0.18%Best | 0.83% |
| AUM | $483.5B | $327M |
| Dividend Yield | 0.44% | 15.32% |
| Holdings | 107 | 4 |
| YTD Return | +17.95%Best | +7.39% |
| 1Y Return | +21.77%Best | +12.72% |
| 3Y Return (annualized) | +25.63% | - |
| 5Y Return (annualized) | +15.24% | - |
| Volatility (annualized) | 21.9% | 19.8%Best |
| Max Drawdown | -12.0%Best | -14.2% |
| $10,000 over 1 years | $12,497Best | $11,615 |
| Fund Family | Invesco (US) | TappAlpha |
| Category | Equity | Alternative |
| Style | Large Cap Growth | Option Writing |
| Inception | Mar 10, 1999 | Sep 4, 2025 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 1 years row, are measured over the window both funds cover: Sep 4, 2025 to Sep 18, 2026 (1 years).
QQQ vs TDAQ 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 1 years both funds cover.
QQQ vs TDAQ Performance
Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US) and TappAlpha Innovation 100 Growth & Daily Income ETF (TDAQ) is an ETF from TappAlpha. Over the past year QQQ returned +21.77% while TDAQ returned +12.72%. Year to date, QQQ is up 17.95% versus a gain of 7.39% for TDAQ.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 21.9% compared with 19.8% for TDAQ. 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 -12.0% for QQQ and -14.2% for TDAQ. 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 TDAQ charges 0.83%. On a $10,000 position that is $18 vs $83 annually, a gap of $65 per year that compounds over a long holding period. On income, QQQ currently yields 0.44% against 15.32% for TDAQ.
Holdings Overlap
We hold position weights for 102 holdings in QQQ and 2 in TDAQ, totalling 99.9% and 99.7% 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 102 positions we hold weights for in QQQ and 2 in TDAQ, against full books of 107 and 4.
You are not choosing between two funds in isolation.
Whichever of QQQ and TDAQ 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 TDAQ?
QQQ has an expense ratio of 0.18% while TDAQ charges 0.83%. QQQ is the cheaper option, by $65 a year on a $10,000 investment.
Which performed better, QQQ or TDAQ?
Over the past year QQQ returned +21.77% vs +12.72% for TDAQ, so QQQ leads on 1-year performance. Over the longest common window we track (1 years), QQQ annualized +24.97% vs +16.15% for TDAQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QQQ or TDAQ?
QQQ has been the more volatile fund at 21.9% annualized versus 19.8% for TDAQ. Worst drawdown: QQQ -12.0% vs TDAQ -14.2%.
Should I hold both QQQ and TDAQ?
QQQ and TDAQ 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 TDAQ?
QQQ yields 0.44% while TDAQ yields 15.32%, so TDAQ currently pays the higher dividend yield.
Is TDAQ 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.