QQQ vs TLCE
Invesco QQQ Trust, Series 1 vs Thrivent Large Cap Stock ETF
Which is better, QQQ or TLCE?
Large Cap Growth against Large Cap Blend.
QQQ has a lower expense ratio. TLCE is less concentrated, with 39.0% of the fund in its ten largest positions against 46.5%.
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 | TLCE |
|---|---|---|
| Expense Ratio | 0.18%Best | 0.30% |
| AUM | $476.0B | $36M |
| Dividend Yield | 0.43% | 0.00% |
| Holdings | 312 | 160 |
| YTD Return | +11.27%Best | -2.95% |
| 1Y Return | +12.28% | - |
| 3Y Return (annualized) | +21.54% | - |
| 5Y Return (annualized) | +12.18% | - |
| Top 10 Weight | 46.5% | 39.0%Best |
| Fund Family | Invesco (US) | Thrivent Funds |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Blend |
| Inception | Mar 10, 1999 | Oct 21, 2026 |
Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window.
QQQ vs TLCE 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
QQQ vs TLCE Performance
Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US) and Thrivent Large Cap Stock ETF (TLCE) is an ETF from Thrivent Funds. Year to date, QQQ is up 11.27% versus a loss of 2.95% for TLCE.
Past performance does not guarantee future results.
Fees and Cost Over Time
QQQ charges 0.18% per year while TLCE charges 0.30%. On a $10,000 position that is $18 vs $30 annually, a gap of $12 per year that compounds over a long holding period. On income, QQQ currently yields 0.43% against 0.00% for TLCE.
Holdings Overlap
71.5% of QQQ's money is in holdings TLCE also owns. 50.6% of TLCE's money is in holdings QQQ also owns.
Most of QQQ is already inside TLCE. Owning both mostly buys the same companies twice.
35 positions in common, counted across the 101 positions we hold weights for in QQQ and 160 in TLCE, against full books of 312 and 160.
What only one of them owns
Our book lists 122 positions for TLCE that do not appear in our book for QQQ (47.1% of the fund), and 59 for QQQ that do not appear in TLCE (25.9%).
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
| Stock | Weight in QQQ | Weight in TLCE | Difference |
|---|---|---|---|
| AAPLApple, Inc | 8.16% | 7.61% | 0.55% |
| NVDANvidia Corp. | 8.00% | 7.49% | 0.51% |
| MSFTMicrosoft Corp 4.100 Feb 06 37 | 6.29% | 6.21% | 0.08% |
| AMZNAmazon.Com Inc | 4.21% | 4.45% | 0.24% |
| MUMicron Technology, Inc. | 4.47% | 1.66% | 2.81% |
| GOOGLAlphabet Inc., Class A | 2.66% | 3.10% | 0.44% |
| METAMeta Platform Inc | 2.97% | 2.30% | 0.67% |
| AVGOBroadcom Inc | 2.52% | 2.21% | 0.31% |
| AMDAdvanced Micro Devices Inc. | 3.69% | 0.93% | 2.76% |
| GOOGAlphabet, Inc., Class C | 2.49% | 2.12% | 0.37% |
71.5% of QQQ is already inside TLCE.
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 TLCE?
QQQ has an expense ratio of 0.18% while TLCE charges 0.30%. QQQ is the cheaper option, by $12 a year on a $10,000 investment.
What is the holdings overlap between QQQ and TLCE?
71.5% of QQQ's money is in holdings TLCE also owns. 50.6% of TLCE's is in holdings QQQ also owns. They hold 35 positions in common, counted across the 101 positions we hold weights for in QQQ and 160 in TLCE.
Which pays a higher dividend, QQQ or TLCE?
QQQ yields 0.43% while TLCE yields 0.00%, so QQQ currently pays the higher dividend yield.
Is TLCE better than QQQ?
QQQ has a lower expense ratio. TLCE is less concentrated, with 39.0% 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.