QQQ vs TDTT
Invesco QQQ Trust, Series 1 vs Northern Trust iBoxx 3-Year Target Duration TIPS ETF
Which is better, QQQ or TDTT?
QQQ has been ahead.
QQQ led over 1Y, 3Y, 5Y and the full window.
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 | TDTT |
|---|---|---|
| Expense Ratio | 0.18%Tie | 0.18%Tie |
| AUM | $483.5B | $2.5B |
| Dividend Yield | 0.44% | 5.61% |
| Holdings | 107 | 24 |
| YTD Return | +17.21%Best | +0.64% |
| 1Y Return | +22.10%Best | +0.59% |
| 3Y Return (annualized) | +25.27%Best | +4.55% |
| 5Y Return (annualized) | +14.60%Best | +2.33% |
| Volatility (annualized) | 17.5% | 2.7%Best |
| Max Drawdown | -35.1% | -8.3%Best |
| $10,000 over 5 years | $19,766Best | $11,221 |
| Fund Family | Invesco (US) | Northern Trust Asset Management |
| Category | Equity | Fixed Income |
| Style | Large Cap Growth | - |
| Inception | Mar 10, 1999 | Sep 19, 2011 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Sep 23, 2011 to Sep 17, 2026 (15 years).
QQQ vs TDTT 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
QQQ vs TDTT Performance
Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US) and Northern Trust iBoxx 3-Year Target Duration TIPS ETF (TDTT) is an ETF from Northern Trust Asset Management. Over the past year QQQ returned +22.10% while TDTT returned +0.59%. Year to date, QQQ is up 17.21% versus a gain of 0.64% for TDTT.
Over three years, QQQ compounded at +25.27% per year against +4.55% for TDTT; over five years the annualized figures are +14.60% and +2.33% respectively. Across the full 15-year window we track, QQQ has the edge at +19.07% annualized vs +1.36%.
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 2.7% for TDTT. 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 -8.3% for TDTT. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.41. They move together some of the time, and apart the rest.
Fees and Cost Over Time
QQQ charges 0.18% per year while TDTT charges 0.18%. On a $10,000 position that is $18 vs $18 annually. On income, QQQ currently yields 0.44% against 5.61% for TDTT.
Holdings Overlap
We hold position weights for 102 holdings in QQQ and 20 in TDTT, totalling 99.9% and 92.0% 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 102 positions we hold weights for in QQQ and 20 in TDTT, against full books of 107 and 24.
You are not choosing between two funds in isolation.
Whichever of QQQ and TDTT 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 TDTT?
QQQ has an expense ratio of 0.18% while TDTT charges 0.18%. At the precision these are quoted to, they cost the same.
Which performed better, QQQ or TDTT?
Over the past year QQQ returned +22.10% vs +0.59% for TDTT, so QQQ leads on 1-year performance. Over the longest common window we track (15 years), QQQ annualized +19.07% vs +1.36% for TDTT. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QQQ or TDTT?
QQQ has been the more volatile fund at 17.5% annualized versus 2.7% for TDTT. Worst drawdown: QQQ -35.1% vs TDTT -8.3%.
Should I hold both QQQ and TDTT?
QQQ and TDTT have a monthly-return correlation of 0.41, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, QQQ or TDTT?
QQQ yields 0.44% while TDTT yields 5.61%, so TDTT currently pays the higher dividend yield.
Is TDTT better than QQQ?
QQQ led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.