Quick Verdict

TIPD has a lower expense ratio. QQQ delivered stronger 1-year returns. QQQ offers more diversification with 103 holdings.

Lower Fees: TIPDHigher Returns: QQQMore Diversified: QQQ

Side-by-Side Comparison

MetricQQQTIPDWinner
Expense Ratio0.18%0.10%
AUM$455.8B-
Dividend Yield0.41%-
Holdings10827
YTD Return+18.20%-0.56%
1Y Return+27.63%+1.30%
3Y Return (annualized)+25.54%-
5Y Return (annualized)+15.12%-
Volatility (annualized)30.6%5.5%
Max Drawdown-83.0%-4.0%
Fund FamilyInvesco (US)Northern Trust Asset Management
CategoryEquityFixed Income
InceptionMar 10, 1999Mar 1, 2025

QQQ vs TIPD Performance

Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US) and Northern Trust 2055 Inflation-Linked Distributing Ladder ETF (TIPD) is a ETF from Northern Trust Asset Management. Over the past year QQQ returned +27.63% while TIPD returned +1.30%. Year to date, QQQ is up 18.20% versus a loss of 0.56% for TIPD.

Risk: Volatility and Drawdowns

QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% compared with 5.5% for TIPD. 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 -4.0% for TIPD. 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 0.55. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

QQQ charges 0.18% per year while TIPD charges 0.10%. On a $10,000 position that is $18 vs $10 annually, a gap of $8 per year that compounds over a long holding period.

Holdings Overlap

0.0%overlap

QQQ and TIPD share 0 holdings out of 127 unique holdings combined, representing a 0.0% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Frequently Asked Questions

Which is cheaper, QQQ or TIPD?

QQQ has an expense ratio of 0.18% while TIPD charges 0.10%. TIPD is the cheaper option. On a $10,000 investment, that is $8 per year of difference.

Which performed better, QQQ or TIPD?

Over the past year QQQ returned +27.63% vs +1.30% for TIPD, so QQQ leads on 1-year performance. Past performance does not guarantee future results.

Which is riskier, QQQ or TIPD?

QQQ has been the more volatile fund at 30.6% annualized versus 5.5% for TIPD. Worst drawdown: QQQ -83.0% vs TIPD -4.0%.

Should I hold both QQQ and TIPD?

QQQ and TIPD have a monthly-return correlation of 0.55, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between QQQ and TIPD?

QQQ and TIPD share 0 common holdings with a 0.0% weight overlap. Combined, they hold 127 unique securities.

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