QQQ vs THNQ

QQQ vs THNQ

Which is better, QQQ or THNQ?

Large Cap Growth against Mid Cap Growth.

QQQ has a lower expense ratio. THNQ led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.91. THNQ is less concentrated, with 24.9% of the fund in its ten largest positions against 46.5%.

Lower Fees: QQQHigher Returns: THNQLess Concentrated: THNQ

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

MetricQQQTHNQ
Expense Ratio0.18%Best0.68%
AUM$483.5B$436M
Dividend Yield0.44%0.14%
Holdings10754
YTD Return+15.94%+38.38%Best
1Y Return+20.44%+41.63%Best
3Y Return (annualized)+24.86%+36.55%Best
5Y Return (annualized)+14.26%+14.94%Best
Volatility (annualized)20.3%Best26.8%
Max Drawdown-35.1%Best-50.6%
$10,000 over 5 years$19,475$20,061Best
Top 10 Weight46.5%24.9%Best
Fund FamilyInvesco (US)Robo Global
CategoryEquityEquity
StyleLarge Cap GrowthMid Cap Growth
InceptionMar 10, 1999May 8, 2020

Volatility and max drawdown are measured over the window both funds cover: May 11, 2020 to Sep 14, 2026 (6.3 years).

QQQ vs THNQ 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 6.3 years both funds cover.

QQQ vs THNQ Performance

Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US) and Robo Global Artificial Intelligence ETF (THNQ) is an ETF from Robo Global. Over the past year QQQ returned +20.44% while THNQ returned +41.63%. Year to date, QQQ is up 15.94% versus a gain of 38.38% for THNQ.

Over three years, QQQ compounded at +24.86% per year against +36.55% for THNQ; over five years the annualized figures are +14.26% and +14.94% respectively. Across the full 6-year window we track, THNQ has the edge at +22.00% annualized vs +20.29%.

Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

THNQ has been the more volatile fund, with annualized monthly volatility of 26.8% compared with 20.3% for QQQ. 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 -50.6% for THNQ. Drawdown depth is what each fund did in the worst stretch of the window measured above.

The two funds' monthly returns correlate at 0.91. They move almost in lockstep, so holding both mostly duplicates the same exposure.

Fees and Cost Over Time

QQQ charges 0.18% per year while THNQ charges 0.68%. On a $10,000 position that is $18 vs $68 annually, a gap of $50 per year that compounds over a long holding period. On income, QQQ currently yields 0.44% against 0.14% for THNQ.

Holdings Overlap

QQQ already in THNQ40.6%
THNQ already in QQQ41.8%

40.6% of QQQ's money is in holdings THNQ also owns. 41.8% of THNQ's money is in holdings QQQ also owns.

The two portfolios partly overlap.

21 positions in common, counted across the 102 positions we hold weights for in QQQ and 54 in THNQ, against full books of 107 and 54.

What only one of them owns

Our book lists 24 positions for THNQ that do not appear in our book for QQQ (42.7% of the fund), and 77 for QQQ that do not appear in THNQ (58.4%).

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

StockWeight in QQQWeight in THNQDifference
NVDANvidia Corp8.44%2.08%6.36%
MSFTMicrosoft Corp5.76%2.15%3.61%
AMZNAmazon.Com Inc4.67%2.16%2.51%
AMDAdvanced Micro Devices Inc3.45%2.02%1.43%
GOOGLAlphabet Inc,class A3.36%1.98%1.38%
METAMeta Platforms Inc2.78%1.99%0.79%
PANWPalo Alto Networks, Inc1.30%2.78%1.48%
TSLATesla Inc2.56%1.44%1.12%
CRWDCrowdstrike Holdings Inc0.94%2.55%1.61%
LRCXLrcx Uw Equity1.69%1.78%0.09%

41.8% of THNQ 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.

QQQTHNQ

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Frequently Asked Questions

Which is cheaper, QQQ or THNQ?

QQQ has an expense ratio of 0.18% while THNQ charges 0.68%. QQQ is the cheaper option, by $50 a year on a $10,000 investment.

Which performed better, QQQ or THNQ?

Over the past year QQQ returned +20.44% vs +41.63% for THNQ, so THNQ leads on 1-year performance. Over the longest common window we track (6 years), QQQ annualized +20.29% vs +22.00% for THNQ. Past performance does not guarantee future results. This is information, not a recommendation.

Which is riskier, QQQ or THNQ?

THNQ has been the more volatile fund at 26.8% annualized versus 20.3% for QQQ. Worst drawdown: QQQ -35.1% vs THNQ -50.6%.

Should I hold both QQQ and THNQ?

QQQ and THNQ have a monthly-return correlation of 0.91, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.

What is the holdings overlap between QQQ and THNQ?

41.8% of THNQ's money is in holdings QQQ also owns. 41.8% of THNQ's is in holdings QQQ also owns. They hold 21 positions in common, counted across the 102 positions we hold weights for in QQQ and 54 in THNQ.

Which pays a higher dividend, QQQ or THNQ?

QQQ yields 0.44% while THNQ yields 0.14%, so QQQ currently pays the higher dividend yield.

Is THNQ better than QQQ?

QQQ has a lower expense ratio. THNQ led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.91. THNQ is less concentrated, with 24.9% of the fund in its ten largest positions against 46.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.