QQQ vs TFPN
Invesco QQQ Trust, Series 1 vs Blueprint Chesapeake Multi-Asset Trend ETF
Which is better, QQQ or TFPN?
Large Cap Growth against Multi Alternative.
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y 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 | TFPN |
|---|---|---|
| Expense Ratio | 0.18%Best | 1.13% |
| AUM | $483.5B | $161M |
| Dividend Yield | 0.44% | 0.00% |
| Holdings | 107 | 423 |
| YTD Return | +21.16%Best | +16.11% |
| 1Y Return | +24.78%Best | +22.40% |
| 3Y Return (annualized) | +27.95%Best | +7.40% |
| 5Y Return (annualized) | +15.36% | - |
| Volatility (annualized) | 17.4% | 13.2%Best |
| Max Drawdown | -22.8% | -16.7%Best |
| $10,000 over 3.2 years | $20,209Best | $12,306 |
| Fund Family | Invesco (US) | Blueprint fund management |
| Category | Equity | Alternative |
| Style | Large Cap Growth | Multi Alternative |
| Inception | Mar 10, 1999 | Jul 11, 2023 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 3.2 years row, are measured over the window both funds cover: Jul 12, 2023 to Sep 24, 2026 (3.2 years).
QQQ vs TFPN 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 3.2 years both funds cover.
QQQ vs TFPN Performance
Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US) and Blueprint Chesapeake Multi-Asset Trend ETF (TFPN) is an ETF from Blueprint fund management. Over the past year QQQ returned +24.78% while TFPN returned +22.40%. Year to date, QQQ is up 21.16% versus a gain of 16.11% for TFPN.
Over three years, QQQ compounded at +27.95% per year against +7.40% for TFPN.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 17.4% compared with 13.2% for TFPN. 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 -22.8% for QQQ and -16.7% for TFPN. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.56. They move together some of the time, and apart the rest.
Fees and Cost Over Time
QQQ charges 0.18% per year while TFPN charges 1.13%. On a $10,000 position that is $18 vs $113 annually, a gap of $95 per year that compounds over a long holding period. On income, QQQ currently yields 0.44% against 0.00% for TFPN.
Holdings Overlap
At least 26.9% of QQQ's money is in holdings TFPN also owns.
Stated as a floor: for TFPN, our book for it covers 86.3% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
QQQ and TFPN share little of their money.
9 positions in common, counted across the 102 positions we hold weights for in QQQ and 43 in TFPN, against full books of 107 and 423.
Top Shared Holdings
| Stock | Weight in QQQ | Weight in TFPN | Difference |
|---|---|---|---|
| NVDANvidia Corp | 8.44% | 2.35% | 6.09% |
| AAPLApple, Inc | 7.27% | 1.60% | 5.67% |
| MSFTMicrosoft Corp | 5.76% | 0.17% | 5.59% |
| CRWDCrowdstrike Holdings Inc | 0.94% | 1.60% | 0.66% |
| COSTCostco Wholesale Corp. | 1.84% | 0.64% | 1.20% |
| ASL:ASAsml Holding Nv Unsponsored Adr Ordinary Shares | 0.68% | 1.62% | 0.94% |
| LINLinde Plc Ordinary Shares | 1.00% | 1.08% | 0.08% |
| VRTXNvaesrtex Pharmaceuticals Inc | 0.54% | 0.93% | 0.39% |
| ADPAutomatic Data Processing, Inc. | 0.47% | 0.37% | 0.10% |
26.9% of QQQ is already inside TFPN.
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 TFPN?
QQQ has an expense ratio of 0.18% while TFPN charges 1.13%. QQQ is the cheaper option, by $95 a year on a $10,000 investment.
Which performed better, QQQ or TFPN?
Over the past year QQQ returned +24.78% vs +22.40% for TFPN, so QQQ leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QQQ or TFPN?
QQQ has been the more volatile fund at 17.4% annualized versus 13.2% for TFPN. Worst drawdown: QQQ -22.8% vs TFPN -16.7%.
Should I hold both QQQ and TFPN?
QQQ and TFPN have a monthly-return correlation of 0.56, 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 TFPN?
At least 26.9% of QQQ's money is in holdings TFPN also owns. Our book for TFPN is partial, so the real figure is this or higher. They hold 9 positions in common, counted across the 102 positions we hold weights for in QQQ and 43 in TFPN.
Which pays a higher dividend, QQQ or TFPN?
QQQ yields 0.44% while TFPN yields 0.00%, so QQQ currently pays the higher dividend yield.
Is TFPN better than QQQ?
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.