QQQ vs TECB
Invesco QQQ Trust, Series 1 vs iShares US Tech Breakthrough Multisector ETF
Which is better, QQQ or TECB?
Nearly the same fund. QQQ costs less.
QQQ has a lower expense ratio. QQQ led over 5Y and the full window, TECB over 1Y and 3Y. The two have moved almost in lockstep, correlation 0.96. TECB is less concentrated, with 41.0% of the fund in its ten largest positions against 47.2%.
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 | TECB |
|---|---|---|
| Expense Ratio | 0.18%Best | 0.30% |
| AUM | $498.6B | $516M |
| Dividend Yield | 0.42% | 0.28% |
| Holdings | 321 | 177 |
| YTD Return | +22.95% | +33.51%Best |
| 1Y Return | +23.60% | +29.93%Best |
| 3Y Return (annualized) | +27.53% | +29.36%Best |
| 5Y Return (annualized) | +16.67%Best | +15.10% |
| Volatility (annualized) | 20.9%Best | 21.6% |
| Max Drawdown | -35.1%Best | -41.6% |
| $10,000 over 5 years | $21,617Best | $20,201 |
| Top 10 Weight | 47.2% | 41.0%Best |
| Fund Family | Invesco (US) | iShares by BlackRock (US) |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | Mar 10, 1999 | Jan 8, 2020 |
Volatility and max drawdown are measured over the window both funds cover: Jan 10, 2020 to Oct 9, 2026 (6.7 years).
QQQ vs TECB 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 6.7 years both funds cover.
QQQ vs TECB Performance
Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US) and iShares US Tech Breakthrough Multisector ETF (TECB) is an ETF from iShares by BlackRock (US). Over the past year QQQ returned +23.60% while TECB returned +29.93%. Year to date, QQQ is up 22.95% versus a gain of 33.51% for TECB.
Over three years, QQQ compounded at +27.53% per year against +29.36% for TECB; over five years the annualized figures are +16.67% and +15.10% respectively. Across the full 7-year window we track, QQQ has the edge at +20.69% annualized vs +19.05%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
TECB has been the more volatile fund, with annualized monthly volatility of 21.6% compared with 20.9% for QQQ. 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 -41.6% for TECB. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.96. 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 TECB charges 0.30%. On a $10,000 position that is $18 vs $30 annually, a gap of $12 per year that compounds over a long holding period. On income, QQQ currently yields 0.42% against 0.28% for TECB.
Holdings Overlap
53.8% of QQQ's money is in holdings TECB also owns. 67.2% of TECB's money is in holdings QQQ also owns.
The two portfolios partly overlap.
31 positions in common, counted across the 102 positions we hold weights for in QQQ and 173 in TECB, against full books of 321 and 177.
What only one of them owns
Measured across the 102 and 173 positions we hold weights for.
QQQ holds 65 positions TECB does not, 44.0% of the fund.
Largest: MU 4.85%, GOOG 2.93%, TSLA 2.92%, AVGO 2.74%, WMT 2.31%
Top Shared Holdings
| Stock | Weight in QQQ | Weight in TECB | Difference |
|---|---|---|---|
| NVDANvidia Corp | 8.45% | 3.95% | 4.50% |
| AAPLApple, Inc | 7.80% | 4.02% | 3.78% |
| MSFTMicrosoft Corp | 5.88% | 4.42% | 1.46% |
| AMZNAmazon.Com Inc | 4.41% | 3.88% | 0.53% |
| AMDAdvanced Micro Devices Inc | 3.71% | 4.11% | 0.40% |
| METAMeta Platforms Inc | 3.07% | 4.06% | 0.99% |
| GOOGLAlphabet Inc,class A | 3.15% | 3.41% | 0.26% |
| INTCIntel Corporation | 2.28% | 3.86% | 1.58% |
| PLTRPalantir Technologies Inc | 1.69% | 3.76% | 2.07% |
| PANWPalo Alto Networks, Inc | 1.19% | 4.25% | 3.06% |
67.2% of TECB 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.
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Frequently Asked Questions
Which is cheaper, QQQ or TECB?
QQQ has an expense ratio of 0.18% while TECB charges 0.30%. QQQ is the cheaper option, by $12 a year on a $10,000 investment.
Which performed better, QQQ or TECB?
Over the past year QQQ returned +23.60% vs +29.93% for TECB, so TECB leads on 1-year performance. Over the longest common window we track (7 years), QQQ annualized +20.69% vs +19.05% for TECB. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QQQ or TECB?
TECB has been the more volatile fund at 21.6% annualized versus 20.9% for QQQ. Worst drawdown: QQQ -35.1% vs TECB -41.6%.
Should I hold both QQQ and TECB?
QQQ and TECB have a monthly-return correlation of 0.96, 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 TECB?
67.2% of TECB's money is in holdings QQQ also owns. 67.2% of TECB's is in holdings QQQ also owns. They hold 31 positions in common, counted across the 102 positions we hold weights for in QQQ and 173 in TECB.
Which pays a higher dividend, QQQ or TECB?
QQQ yields 0.42% while TECB yields 0.28%, so QQQ currently pays the higher dividend yield.
Is TECB better than QQQ?
QQQ has a lower expense ratio. QQQ led over 5Y and the full window, TECB over 1Y and 3Y. The two have moved almost in lockstep, correlation 0.96. TECB is less concentrated, with 41.0% of the fund in its ten largest positions against 47.2%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.