QQQ vs TEXN
Invesco QQQ Trust, Series 1 vs iShares Texas Equity ETF
Quick Verdict
QQQ has a lower expense ratio. TEXN delivered stronger 1-year returns. TEXN offers more diversification with 215 holdings.
Side-by-Side Comparison
| Metric | QQQ | TEXN | Winner |
|---|---|---|---|
| Expense Ratio | 0.18% | 0.20% | |
| AUM | $496.3B | $17M | |
| Dividend Yield | 0.44% | 1.44% | |
| Holdings | 108 | 215 | |
| YTD Return | +16.64% | +23.33% | |
| 1Y Return | +27.27% | +32.42% | |
| 3Y Return (annualized) | +25.96% | - | |
| 5Y Return (annualized) | +14.54% | - | |
| Volatility (annualized) | 30.6% | 11.2% | |
| Max Drawdown | -83.0% | -8.8% | |
| Fund Family | Invesco (US) | iShares by BlackRock (US) | |
| Category | Equity | Equity | |
| Inception | Mar 10, 1999 | Jun 23, 2025 |
QQQ vs TEXN Performance
Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US) and iShares Texas Equity ETF (TEXN) is a ETF from iShares by BlackRock (US). Over the past year QQQ returned +27.27% while TEXN returned +32.42%. Year to date, QQQ is up 16.64% versus a gain of 23.33% for TEXN.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% compared with 11.2% for TEXN. 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 -8.8% for TEXN. 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 0.56. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
QQQ charges 0.18% per year while TEXN charges 0.20%. On a $10,000 position that is $18 vs $20 annually, a gap of $2 per year that compounds over a long holding period. On income, QQQ currently yields 0.44% against 1.44% for TEXN.
Holdings Overlap
QQQ and TEXN share 9 holdings out of 305 unique holdings combined, representing a 6.3% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, QQQ or TEXN?
QQQ has an expense ratio of 0.18% while TEXN charges 0.20%. QQQ is the cheaper option. On a $10,000 investment, that is $2 per year of difference.
Which performed better, QQQ or TEXN?
Over the past year QQQ returned +27.27% vs +32.42% for TEXN, so TEXN leads on 1-year performance. Over the longest common window we track (1 years), QQQ annualized +13.03% vs +29.52% for TEXN. Past performance does not guarantee future results.
Which is riskier, QQQ or TEXN?
QQQ has been the more volatile fund at 30.6% annualized versus 11.2% for TEXN. Worst drawdown: QQQ -83.0% vs TEXN -8.8%.
Should I hold both QQQ and TEXN?
QQQ and TEXN have a monthly-return correlation of 0.56, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between QQQ and TEXN?
QQQ and TEXN share 9 common holdings with a 6.3% weight overlap. Combined, they hold 305 unique securities.
Which pays a higher dividend, QQQ or TEXN?
QQQ yields 0.44% while TEXN yields 1.44%, so TEXN currently pays the higher dividend yield.
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