QQQ vs TEMX
Invesco QQQ Trust, Series 1 vs Touchstone Sands Capital Emerging Markets ex-China Growth ETF
Quick Verdict
QQQ has a lower expense ratio. TEMX delivered stronger 1-year returns. QQQ offers more diversification with 103 holdings.
Side-by-Side Comparison
| Metric | QQQ | TEMX | Winner |
|---|---|---|---|
| Expense Ratio | 0.18% | 0.80% | |
| AUM | $455.8B | $12M | |
| Dividend Yield | 0.41% | 0.84% | |
| Holdings | 108 | 43 | |
| YTD Return | +18.31% | +21.59% | |
| 1Y Return | +25.37% | +33.91% | |
| 3Y Return (annualized) | +25.79% | - | |
| 5Y Return (annualized) | +15.20% | - | |
| Volatility (annualized) | 30.6% | 21.3% | |
| Max Drawdown | -83.0% | -16.8% | |
| Fund Family | Invesco (US) | Touchstone Investments | |
| Category | Equity | Equity | |
| Inception | Mar 10, 1999 | Feb 24, 2025 |
QQQ vs TEMX Performance
Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US) and Touchstone Sands Capital Emerging Markets ex-China Growth ETF (TEMX) is a ETF from Touchstone Investments. Over the past year QQQ returned +25.37% while TEMX returned +33.91%. Year to date, QQQ is up 18.31% versus a gain of 21.59% for TEMX.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% compared with 21.3% for TEMX. 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 -83.0% for QQQ and -16.8% for TEMX. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.80. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
QQQ charges 0.18% per year while TEMX charges 0.80%. On a $10,000 position that is $18 vs $80 annually, a gap of $62 per year that compounds over a long holding period. On income, QQQ currently yields 0.41% against 0.84% for TEMX.
Holdings Overlap
QQQ and TEMX share 1 holdings out of 144 unique holdings combined, representing a 0.4% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in QQQ | Weight in TEMX | Difference |
|---|---|---|---|
| MELI | 0.42% | 3.54% | 3.12% |
Frequently Asked Questions
Which is cheaper, QQQ or TEMX?
QQQ has an expense ratio of 0.18% while TEMX charges 0.80%. QQQ is the cheaper option. On a $10,000 investment, that is $62 per year of difference.
Which performed better, QQQ or TEMX?
Over the past year QQQ returned +25.37% vs +33.91% for TEMX, so TEMX leads on 1-year performance. Over the longest common window we track (2 years), QQQ annualized +13.10% vs +31.75% for TEMX. Past performance does not guarantee future results.
Which is riskier, QQQ or TEMX?
QQQ has been the more volatile fund at 30.6% annualized versus 21.3% for TEMX. Worst drawdown: QQQ -83.0% vs TEMX -16.8%.
Should I hold both QQQ and TEMX?
QQQ and TEMX have a monthly-return correlation of 0.80, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between QQQ and TEMX?
QQQ and TEMX share 1 common holdings with a 0.4% weight overlap. Combined, they hold 144 unique securities.
Which pays a higher dividend, QQQ or TEMX?
QQQ yields 0.41% while TEMX yields 0.84%, so TEMX currently pays the higher dividend yield.
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