QQQ vs TNXT
Invesco QQQ Trust, Series 1 vs T. Rowe Price Innovation Leaders ETF
Quick Verdict
QQQ has a lower expense ratio. TNXT offers more diversification with 347 holdings.
Side-by-Side Comparison
| Metric | QQQ | TNXT | Winner |
|---|---|---|---|
| Expense Ratio | 0.18% | 0.49% | |
| AUM | $496.3B | $19M | |
| Dividend Yield | 0.44% | 0.00% | |
| Holdings | 108 | 347 | |
| YTD Return | +15.47% | +13.93% | |
| 1Y Return | +24.44% | - | |
| 3Y Return (annualized) | +25.47% | - | |
| 5Y Return (annualized) | +14.22% | - | |
| Volatility (annualized) | 30.6% | - | |
| Max Drawdown | -83.0% | -13.0% | |
| Fund Family | Invesco (US) | T.Rowe Price | |
| Category | Equity | Equity | |
| Inception | Mar 10, 1999 | Jan 28, 2026 |
QQQ vs TNXT Performance
Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US) and T. Rowe Price Innovation Leaders ETF (TNXT) is a ETF from T.Rowe Price. Year to date, QQQ is up 15.47% versus a gain of 13.93% for TNXT.
Risk: Volatility and Drawdowns
The deepest peak-to-trough decline in our data was -83.0% for QQQ and -13.0% for TNXT. 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 TNXT charges 0.49%. On a $10,000 position that is $18 vs $49 annually, a gap of $31 per year that compounds over a long holding period. On income, QQQ currently yields 0.44% against 0.00% for TNXT.
Holdings Overlap
QQQ and TNXT share 37 holdings out of 351 unique holdings combined, representing a 41.4% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, QQQ or TNXT?
QQQ has an expense ratio of 0.18% while TNXT charges 0.49%. QQQ is the cheaper option. On a $10,000 investment, that is $31 per year of difference.
What is the holdings overlap between QQQ and TNXT?
QQQ and TNXT share 37 common holdings with a 41.4% weight overlap. Combined, they hold 351 unique securities.
Which pays a higher dividend, QQQ or TNXT?
QQQ yields 0.44% while TNXT yields 0.00%, so QQQ currently pays the higher dividend yield.
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