QQQ vs TMSF
Invesco QQQ Trust, Series 1 vs T. Rowe Price Multi-Sector Income ETF
Quick Verdict
QQQ has a lower expense ratio. TMSF offers more diversification with 401 holdings.
Side-by-Side Comparison
| Metric | QQQ | TMSF | Winner |
|---|---|---|---|
| Expense Ratio | 0.18% | 0.37% | |
| AUM | $496.3B | $59M | |
| Dividend Yield | 0.44% | 3.77% | |
| Holdings | 108 | 401 | |
| YTD Return | +16.23% | +2.79% | |
| 1Y Return | +26.23% | - | |
| 3Y Return (annualized) | +25.75% | - | |
| 5Y Return (annualized) | +14.78% | - | |
| Volatility (annualized) | 30.6% | - | |
| Max Drawdown | -83.0% | -2.3% | |
| Fund Family | Invesco (US) | T.Rowe Price | |
| Category | Equity | Fixed Income | |
| Inception | Mar 10, 1999 | Nov 19, 2025 |
QQQ vs TMSF Performance
Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US) and T. Rowe Price Multi-Sector Income ETF (TMSF) is a ETF from T.Rowe Price. Year to date, QQQ is up 16.23% versus a gain of 2.79% for TMSF.
Risk: Volatility and Drawdowns
The deepest peak-to-trough decline in our data was -83.0% for QQQ and -2.3% for TMSF. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
Fees and Cost Over Time
QQQ charges 0.18% per year while TMSF charges 0.37%. On a $10,000 position that is $18 vs $37 annually, a gap of $19 per year that compounds over a long holding period. On income, QQQ currently yields 0.44% against 3.77% for TMSF.
Holdings Overlap
QQQ and TMSF share 1 holdings out of 230 unique holdings combined, representing a 0.1% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in QQQ | Weight in TMSF | Difference |
|---|---|---|---|
| TMUS | 0.82% | 0.12% | 0.70% |
Frequently Asked Questions
Which is cheaper, QQQ or TMSF?
QQQ has an expense ratio of 0.18% while TMSF charges 0.37%. QQQ is the cheaper option. On a $10,000 investment, that is $19 per year of difference.
What is the holdings overlap between QQQ and TMSF?
QQQ and TMSF share 1 common holdings with a 0.1% weight overlap. Combined, they hold 230 unique securities.
Which pays a higher dividend, QQQ or TMSF?
QQQ yields 0.44% while TMSF yields 3.77%, so TMSF currently pays the higher dividend yield.
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