QQQ vs TFJL
Invesco QQQ Trust, Series 1 vs Innovator 20+ Year Treasury Bond 5 Floor ETF - Quarterly
Which is better, QQQ or TFJL?
Large Cap Growth against Multi Alternative.
QQQ has a lower expense ratio. 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 | TFJL |
|---|---|---|
| Expense Ratio | 0.18%Best | 0.79% |
| AUM | $483.5B | $4M |
| Dividend Yield | 0.44% | 0.00% |
| Holdings | 107 | 9 |
| YTD Return | +16.87%Best | -5.83% |
| 1Y Return | +22.98%Best | -9.45% |
| 3Y Return (annualized) | +24.98%Best | -1.30% |
| 5Y Return (annualized) | +14.39%Best | -4.83% |
| Volatility (annualized) | 20.1% | 8.4%Best |
| Max Drawdown | -35.1% | -25.8%Best |
| $10,000 over 5 years | $19,586Best | $7,807 |
| Fund Family | Invesco (US) | Innovator ETFs Trust |
| Category | Equity | Alternative |
| Style | Large Cap Growth | Multi Alternative |
| Inception | Mar 10, 1999 | Aug 17, 2020 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Aug 18, 2020 to Sep 11, 2026 (6.1 years).
QQQ vs TFJL 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 6.1 years both funds cover.
QQQ vs TFJL Performance
Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US) and Innovator 20+ Year Treasury Bond 5 Floor ETF - Quarterly (TFJL) is an ETF from Innovator ETFs Trust. Over the past year QQQ returned +22.98% while TFJL returned -9.45%. Year to date, QQQ is up 16.87% versus a loss of 5.83% for TFJL.
Over three years, QQQ compounded at +24.98% per year against -1.30% for TFJL; over five years the annualized figures are +14.39% and -4.83% respectively. Across the full 6-year window we track, QQQ has the edge at +17.48% annualized vs -4.74%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 20.1% compared with 8.4% for TFJL. 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 -25.8% for TFJL. 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 TFJL charges 0.79%. On a $10,000 position that is $18 vs $79 annually, a gap of $61 per year that compounds over a long holding period. On income, QQQ currently yields 0.44% against 0.00% for TFJL.
You are not choosing between two funds in isolation.
Whichever of QQQ and TFJL 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 TFJL?
QQQ has an expense ratio of 0.18% while TFJL charges 0.79%. QQQ is the cheaper option, by $61 a year on a $10,000 investment.
Which performed better, QQQ or TFJL?
Over the past year QQQ returned +22.98% vs -9.45% for TFJL, so QQQ leads on 1-year performance. Over the longest common window we track (6 years), QQQ annualized +17.48% vs -4.74% for TFJL. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QQQ or TFJL?
QQQ has been the more volatile fund at 20.1% annualized versus 8.4% for TFJL. Worst drawdown: QQQ -35.1% vs TFJL -25.8%.
Should I hold both QQQ and TFJL?
QQQ and TFJL 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 TFJL?
QQQ yields 0.44% while TFJL yields 0.00%, so QQQ currently pays the higher dividend yield.
Is TFJL better than QQQ?
QQQ has a lower expense ratio. 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.