QQQ vs TFNS
Invesco QQQ Trust, Series 1 vs T. Rowe Price Financials ETF
Quick Verdict
QQQ has a lower expense ratio. QQQ delivered stronger 1-year returns. TFNS offers more diversification with 347 holdings.
Side-by-Side Comparison
| Metric | QQQ | TFNS | Winner |
|---|---|---|---|
| Expense Ratio | 0.18% | 0.44% | |
| AUM | $496.3B | $20M | |
| Dividend Yield | 0.44% | 0.46% | |
| Holdings | 108 | 347 | |
| YTD Return | +16.64% | +7.17% | |
| 1Y Return | +27.27% | +14.19% | |
| 3Y Return (annualized) | +25.96% | - | |
| 5Y Return (annualized) | +14.54% | - | |
| Volatility (annualized) | 30.6% | 11.9% | |
| Max Drawdown | -83.0% | -14.0% | |
| Fund Family | Invesco (US) | T.Rowe Price | |
| Category | Equity | Equity | |
| Inception | Mar 10, 1999 | Jun 11, 2025 |
QQQ vs TFNS Performance
Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US) and T. Rowe Price Financials ETF (TFNS) is a ETF from T.Rowe Price. Over the past year QQQ returned +27.27% while TFNS returned +14.19%. Year to date, QQQ is up 16.64% versus a gain of 7.17% for TFNS.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% compared with 11.9% for TFNS. 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 -14.0% for TFNS. 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 0.08. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
QQQ charges 0.18% per year while TFNS charges 0.44%. On a $10,000 position that is $18 vs $44 annually, a gap of $26 per year that compounds over a long holding period. On income, QQQ currently yields 0.44% against 0.46% for TFNS.
Holdings Overlap
QQQ and TFNS share 1 holdings out of 184 unique holdings combined, representing a 0.2% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in QQQ | Weight in TFNS | Difference |
|---|---|---|---|
| PYPL | 0.22% | 0.88% | 0.66% |
Frequently Asked Questions
Which is cheaper, QQQ or TFNS?
QQQ has an expense ratio of 0.18% while TFNS charges 0.44%. QQQ is the cheaper option. On a $10,000 investment, that is $26 per year of difference.
Which performed better, QQQ or TFNS?
Over the past year QQQ returned +27.27% vs +14.19% for TFNS, so QQQ leads on 1-year performance. Over the longest common window we track (1 years), QQQ annualized +13.03% vs +15.47% for TFNS. Past performance does not guarantee future results.
Which is riskier, QQQ or TFNS?
QQQ has been the more volatile fund at 30.6% annualized versus 11.9% for TFNS. Worst drawdown: QQQ -83.0% vs TFNS -14.0%.
Should I hold both QQQ and TFNS?
QQQ and TFNS have a monthly-return correlation of 0.08, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between QQQ and TFNS?
QQQ and TFNS share 1 common holdings with a 0.2% weight overlap. Combined, they hold 184 unique securities.
Which pays a higher dividend, QQQ or TFNS?
QQQ yields 0.44% while TFNS yields 0.46%, so TFNS currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.