QQQ vs TMB
Invesco QQQ Trust, Series 1 vs Thornburg Multi Sector Bond ETF
Which is better, QQQ or TMB?
QQQ has been ahead.
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 | TMB |
|---|---|---|
| Expense Ratio | 0.18%Best | 0.55% |
| AUM | $483.5B | $259M |
| Dividend Yield | 0.44% | 4.71% |
| Holdings | 107 | 557 |
| YTD Return | +15.18%Best | -0.04% |
| 1Y Return | +19.65%Best | +0.74% |
| 3Y Return (annualized) | +24.60% | - |
| 5Y Return (annualized) | +13.94% | - |
| Volatility (annualized) | 20.4% | 2.2%Best |
| Max Drawdown | -22.8% | -2.0%Best |
| $10,000 over 1.6 years | $13,455Best | $10,657 |
| Fund Family | Invesco (US) | Thornburg Investment Management |
| Category | Equity | Fixed Income |
| Style | Large Cap Growth | - |
| Inception | Mar 10, 1999 | Feb 5, 2025 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 1.6 years row, are measured over the window both funds cover: Feb 5, 2025 to Sep 15, 2026 (1.6 years).
QQQ vs TMB 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 1.6 years both funds cover.
QQQ vs TMB Performance
Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US) and Thornburg Multi Sector Bond ETF (TMB) is an ETF from Thornburg Investment Management. Over the past year QQQ returned +19.65% while TMB returned +0.74%. Year to date, QQQ is up 15.18% versus a loss of 0.04% for TMB.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 20.4% compared with 2.2% for TMB. 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 -2.0% for TMB. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.24. They move largely independently of each other.
Fees and Cost Over Time
QQQ charges 0.18% per year while TMB charges 0.55%. On a $10,000 position that is $18 vs $55 annually, a gap of $37 per year that compounds over a long holding period. On income, QQQ currently yields 0.44% against 4.71% for TMB.
Holdings Overlap
We hold position weights for 102 holdings in QQQ and 324 in TMB, totalling 99.9% and 44.0% 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 324 in TMB, against full books of 107 and 557.
You are not choosing between two funds in isolation.
Whichever of QQQ and TMB 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 TMB?
QQQ has an expense ratio of 0.18% while TMB charges 0.55%. QQQ is the cheaper option, by $37 a year on a $10,000 investment.
Which performed better, QQQ or TMB?
Over the past year QQQ returned +19.65% vs +0.74% for TMB, so QQQ leads on 1-year performance. Over the longest common window we track (2 years), QQQ annualized +20.38% vs +4.06% for TMB. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QQQ or TMB?
QQQ has been the more volatile fund at 20.4% annualized versus 2.2% for TMB. Worst drawdown: QQQ -22.8% vs TMB -2.0%.
Should I hold both QQQ and TMB?
QQQ and TMB have a monthly-return correlation of 0.24, 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 TMB?
QQQ yields 0.44% while TMB yields 4.71%, so TMB currently pays the higher dividend yield.
Is TMB 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.