QQQ vs TEXN
Invesco QQQ Trust, Series 1 vs iShares Texas Equity ETF
Which is better, QQQ or TEXN?
Large Cap Growth against Large Cap Blend.
QQQ has a lower expense ratio. TEXN led over 1Y and the full window. QQQ is less concentrated, with 46.5% of the fund in its ten largest positions against 53.2%.
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 | TEXN |
|---|---|---|
| Expense Ratio | 0.18%Best | 0.20% |
| AUM | $483.5B | $19M |
| Dividend Yield | 0.44% | 1.35% |
| Holdings | 107 | 215 |
| YTD Return | +17.21% | +24.28%Best |
| 1Y Return | +22.10% | +24.00%Best |
| 3Y Return (annualized) | +25.27% | - |
| 5Y Return (annualized) | +14.60% | - |
| Volatility (annualized) | 19.7% | 10.8%Best |
| Max Drawdown | -12.0% | -8.8%Best |
| $10,000 over 1.2 years | $13,246 | $13,488Best |
| Top 10 Weight | 46.5%Best | 53.2% |
| Fund Family | Invesco (US) | iShares by BlackRock (US) |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Blend |
| Inception | Mar 10, 1999 | Jun 23, 2025 |
Volatility and max drawdown, and the $10,000 over 1.2 years row, are measured over the window both funds cover: Jun 24, 2025 to Sep 17, 2026 (1.2 years).
QQQ vs TEXN 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 1.2 years both funds cover.
QQQ vs TEXN Performance
Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US) and iShares Texas Equity ETF (TEXN) is an ETF from iShares by BlackRock (US). Over the past year QQQ returned +22.10% while TEXN returned +24.00%. Year to date, QQQ is up 17.21% versus a gain of 24.28% for TEXN.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 19.7% compared with 10.8% 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 -12.0% for QQQ and -8.8% for TEXN. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.57. They move together some of the time, and apart the rest.
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 1.35% for TEXN.
Holdings Overlap
6.3% of QQQ's money is in holdings TEXN also owns. 20.9% of TEXN's money is in holdings QQQ also owns.
TEXN and QQQ share little of their money.
8 positions in common, counted across the 102 positions we hold weights for in QQQ and 210 in TEXN, against full books of 107 and 215.
What only one of them owns
Our book lists 199 positions for TEXN that do not appear in our book for QQQ (78.4% of the fund), and 88 for QQQ that do not appear in TEXN (91.2%).
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 TEXN | Difference |
|---|---|---|---|
| TSLATesla Inc | 2.56% | 9.02% | 6.46% |
| TXNTexas Instrument Inc | 1.12% | 3.95% | 2.83% |
| CRWDCrowdstrike Holdings Inc | 0.94% | 3.85% | 2.91% |
| SPCXSpace Exploration Technologies | 0.91% | 1.26% | 0.35% |
| BKRBaker Hughes Co | 0.27% | 1.05% | 0.78% |
| FANGDiamondback Energy, Inc. | 0.23% | 0.64% | 0.41% |
| KDPKeurig Dr Pepper Inc (kdp Us) | 0.18% | 0.68% | 0.50% |
| CPRTCopart Inc | 0.12% | 0.48% | 0.36% |
20.9% of TEXN 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 TEXN?
QQQ has an expense ratio of 0.18% while TEXN charges 0.20%. QQQ is the cheaper option, by $2 a year on a $10,000 investment.
Which performed better, QQQ or TEXN?
Over the past year QQQ returned +22.10% vs +24.00% for TEXN, so TEXN leads on 1-year performance. Over the longest common window we track (1 years), QQQ annualized +26.40% vs +28.32% for TEXN. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QQQ or TEXN?
QQQ has been the more volatile fund at 19.7% annualized versus 10.8% for TEXN. Worst drawdown: QQQ -12.0% vs TEXN -8.8%.
Should I hold both QQQ and TEXN?
QQQ and TEXN have a monthly-return correlation of 0.57, 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 TEXN?
20.9% of TEXN's money is in holdings QQQ also owns. 20.9% of TEXN's is in holdings QQQ also owns. They hold 8 positions in common, counted across the 102 positions we hold weights for in QQQ and 210 in TEXN.
Which pays a higher dividend, QQQ or TEXN?
QQQ yields 0.44% while TEXN yields 1.35%, so TEXN currently pays the higher dividend yield.
Is TEXN better than QQQ?
QQQ has a lower expense ratio. TEXN led over 1Y and the full window. QQQ is less concentrated, with 46.5% of the fund in its ten largest positions against 53.2%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.