QQQ vs TDIV
Invesco QQQ Trust, Series 1 vs First Trust NASDAQ Technology Dividend Index Fund
Which is better, QQQ or TDIV?
Large Cap Growth against Large Cap Value.
QQQ has a lower expense ratio. QQQ led over 1Y and the full window, TDIV over 3Y and 5Y. QQQ is less concentrated, with 46.5% of the fund in its ten largest positions against 50.3%.
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 | TDIV |
|---|---|---|
| Expense Ratio | 0.18%Best | 0.50% |
| AUM | $483.5B | $4.4B |
| Dividend Yield | 0.44% | 1.37% |
| Holdings | 107 | 192 |
| YTD Return | +17.95% | +18.17%Best |
| 1Y Return | +21.77%Best | +17.15% |
| 3Y Return (annualized) | +25.63% | +27.36%Best |
| 5Y Return (annualized) | +15.24% | +16.95%Best |
| Volatility (annualized) | 17.5% | 16.9%Best |
| Max Drawdown | -35.1% | -32.0%Best |
| $10,000 over 5 years | $20,324 | $21,878Best |
| Top 10 Weight | 46.5%Best | 50.3% |
| Fund Family | Invesco (US) | First Trust Portfolios (US) |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Value |
| Inception | Mar 10, 1999 | Aug 13, 2012 |
Volatility and max drawdown are measured over the window both funds cover: Aug 14, 2012 to Sep 18, 2026 (14.1 years).
QQQ vs TDIV 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 14.1 years both funds cover.
QQQ vs TDIV Performance
Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US) and First Trust NASDAQ Technology Dividend Index Fund (TDIV) is an ETF from First Trust Portfolios (US). Over the past year QQQ returned +21.77% while TDIV returned +17.15%. Year to date, QQQ is up 17.95% versus a gain of 18.17% for TDIV.
Over three years, QQQ compounded at +25.63% per year against +27.36% for TDIV; over five years the annualized figures are +15.24% and +16.95% respectively. Across the full 14-year window we track, QQQ has the edge at +18.63% annualized vs +13.98%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 17.5% compared with 16.9% for TDIV. 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 -32.0% for TDIV. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.89. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
QQQ charges 0.18% per year while TDIV charges 0.50%. On a $10,000 position that is $18 vs $50 annually, a gap of $32 per year that compounds over a long holding period. On income, QQQ currently yields 0.44% against 1.37% for TDIV.
Holdings Overlap
20.0% of QQQ's money is in holdings TDIV also owns. 47.1% of TDIV's money is in holdings QQQ also owns.
The two portfolios partly overlap.
17 positions in common, counted across the 102 positions we hold weights for in QQQ and 93 in TDIV, against full books of 107 and 192.
What only one of them owns
Our book lists 54 positions for TDIV that do not appear in our book for QQQ (39.1% of the fund), and 81 for QQQ that do not appear in TDIV (78.4%).
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 TDIV | Difference |
|---|---|---|---|
| MSFTMicrosoft Corp | 5.76% | 9.66% | 3.90% |
| AVGOBroadcom Inc | 3.16% | 7.11% | 3.95% |
| TXNTexas Instrument Inc | 1.12% | 6.19% | 5.07% |
| AMATApplied Materials, Inc. | 1.86% | 2.25% | 0.39% |
| CSCOCisco Systems Inc. - Ordinary Shares | 2.10% | 1.97% | 0.13% |
| QCOMQualcomm Inc. | 0.73% | 2.91% | 2.18% |
| ADIAnalog Devices, Inc. | 0.81% | 2.62% | 1.81% |
| TMUST-Mobile Usa Inc Esrw Usd Npv Ref Sm#585558 | 0.82% | 2.06% | 1.24% |
| CMCSAComcast Corp-class A Cmcsa | 0.39% | 2.29% | 1.90% |
| KLACKla Corp | 1.11% | 1.37% | 0.26% |
47.1% of TDIV is already inside QQQ.
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 TDIV?
QQQ has an expense ratio of 0.18% while TDIV charges 0.50%. QQQ is the cheaper option, by $32 a year on a $10,000 investment.
Which performed better, QQQ or TDIV?
Over the past year QQQ returned +21.77% vs +17.15% for TDIV, so QQQ leads on 1-year performance. Over the longest common window we track (14 years), QQQ annualized +18.63% vs +13.98% for TDIV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QQQ or TDIV?
QQQ has been the more volatile fund at 17.5% annualized versus 16.9% for TDIV. Worst drawdown: QQQ -35.1% vs TDIV -32.0%.
Should I hold both QQQ and TDIV?
QQQ and TDIV have a monthly-return correlation of 0.89, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between QQQ and TDIV?
47.1% of TDIV's money is in holdings QQQ also owns. 47.1% of TDIV's is in holdings QQQ also owns. They hold 17 positions in common, counted across the 102 positions we hold weights for in QQQ and 93 in TDIV.
Which pays a higher dividend, QQQ or TDIV?
QQQ yields 0.44% while TDIV yields 1.37%, so TDIV currently pays the higher dividend yield.
Is TDIV better than QQQ?
QQQ has a lower expense ratio. QQQ led over 1Y and the full window, TDIV over 3Y and 5Y. QQQ is less concentrated, with 46.5% of the fund in its ten largest positions against 50.3%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.