QQQ vs TLTI
Invesco QQQ Trust, Series 1 vs NEOS Enhanced Income 20+ Year Treasury Bond ETF
Which is better, QQQ or TLTI?
Large Cap Growth against Long Term Government Bond.
QQQ has a lower expense ratio. QQQ led over 1Y 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 | TLTI |
|---|---|---|
| Expense Ratio | 0.18%Best | 0.58% |
| AUM | $483.5B | $17M |
| Dividend Yield | 0.44% | 6.34% |
| Holdings | 107 | 8 |
| YTD Return | +16.87%Best | -7.09% |
| 1Y Return | +22.98%Best | -9.06% |
| 3Y Return (annualized) | +24.98% | - |
| 5Y Return (annualized) | +14.39% | - |
| Volatility (annualized) | 19.6% | 9.1%Best |
| Max Drawdown | -22.8% | -11.4%Best |
| $10,000 over 1.7 years | $13,495Best | $9,214 |
| Fund Family | Invesco (US) | NEOS |
| Category | Equity | Fixed Income |
| Style | Large Cap Growth | Long Term Government Bond |
| Inception | Mar 10, 1999 | Dec 12, 2024 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 1.7 years row, are measured over the window both funds cover: Dec 11, 2024 to Sep 11, 2026 (1.7 years).
QQQ vs TLTI 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 1.7 years both funds cover.
QQQ vs TLTI Performance
Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US) and NEOS Enhanced Income 20+ Year Treasury Bond ETF (TLTI) is an ETF from NEOS. Over the past year QQQ returned +22.98% while TLTI returned -9.06%. Year to date, QQQ is up 16.87% versus a loss of 7.09% for TLTI.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 19.6% compared with 9.1% for TLTI. 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 -11.4% for TLTI. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.13. They move largely independently of each other.
Fees and Cost Over Time
QQQ charges 0.18% per year while TLTI charges 0.58%. On a $10,000 position that is $18 vs $58 annually, a gap of $40 per year that compounds over a long holding period. On income, QQQ currently yields 0.44% against 6.34% for TLTI.
Holdings Overlap
We hold position weights for 102 holdings in QQQ and 1 in TLTI, totalling 99.9% and 97.4% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 102 positions we hold weights for in QQQ and 1 in TLTI, against full books of 107 and 8.
You are not choosing between two funds in isolation.
Whichever of QQQ and TLTI you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, QQQ or TLTI?
QQQ has an expense ratio of 0.18% while TLTI charges 0.58%. QQQ is the cheaper option, by $40 a year on a $10,000 investment.
Which performed better, QQQ or TLTI?
Over the past year QQQ returned +22.98% vs -9.06% for TLTI, so QQQ leads on 1-year performance. Over the longest common window we track (2 years), QQQ annualized +19.28% vs -4.70% for TLTI. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QQQ or TLTI?
QQQ has been the more volatile fund at 19.6% annualized versus 9.1% for TLTI. Worst drawdown: QQQ -22.8% vs TLTI -11.4%.
Should I hold both QQQ and TLTI?
QQQ and TLTI have a monthly-return correlation of 0.13, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, QQQ or TLTI?
QQQ yields 0.44% while TLTI yields 6.34%, so TLTI currently pays the higher dividend yield.
Is TLTI better than QQQ?
QQQ has a lower expense ratio. QQQ led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.