QQQ vs TOLZ
Invesco QQQ Trust, Series 1 vs Proshares DJ Brookfield Global Infrastructure ETF
Which is better, QQQ or TOLZ?
Large Cap Growth against Large Cap Value.
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window. TOLZ is less concentrated, with 39.6% 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 | TOLZ |
|---|---|---|
| Expense Ratio | 0.18%Best | 0.46% |
| AUM | $483.5B | $174M |
| Dividend Yield | 0.44% | 3.01% |
| Holdings | 107 | 116 |
| YTD Return | +15.94%Best | +6.94% |
| 1Y Return | +20.44%Best | +9.69% |
| 3Y Return (annualized) | +24.86%Best | +13.14% |
| 5Y Return (annualized) | +14.26%Best | +7.58% |
| Volatility (annualized) | 18.2% | 14.4%Best |
| Max Drawdown | -35.1%Best | -39.3% |
| $10,000 over 5 years | $19,475Best | $14,410 |
| Top 10 Weight | 46.5% | 39.6%Best |
| Fund Family | Invesco (US) | ProShares |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Value |
| Inception | Mar 10, 1999 | Mar 25, 2014 |
Volatility and max drawdown are measured over the window both funds cover: Mar 27, 2014 to Sep 14, 2026 (12.5 years).
QQQ vs TOLZ 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 12.5 years both funds cover.
QQQ vs TOLZ Performance
Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US) and Proshares DJ Brookfield Global Infrastructure ETF (TOLZ) is an ETF from ProShares. Over the past year QQQ returned +20.44% while TOLZ returned +9.69%. Year to date, QQQ is up 15.94% versus a gain of 6.94% for TOLZ.
Over three years, QQQ compounded at +24.86% per year against +13.14% for TOLZ; over five years the annualized figures are +14.26% and +7.58% respectively. Across the full 13-year window we track, QQQ has the edge at +18.65% annualized vs +4.43%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 18.2% compared with 14.4% for TOLZ. 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 -35.1% for QQQ and -39.3% for TOLZ. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.54. They move together some of the time, and apart the rest.
Fees and Cost Over Time
QQQ charges 0.18% per year while TOLZ charges 0.46%. On a $10,000 position that is $18 vs $46 annually, a gap of $28 per year that compounds over a long holding period. On income, QQQ currently yields 0.44% against 3.01% for TOLZ.
Holdings Overlap
0.9% of QQQ's money is in holdings TOLZ also owns. 4.3% of TOLZ's money is in holdings QQQ also owns.
TOLZ and QQQ share little of their money.
3 positions in common, counted across the 102 positions we hold weights for in QQQ and 112 in TOLZ, against full books of 107 and 116.
What only one of them owns
Our book lists 44 positions for TOLZ that do not appear in our book for QQQ (50.4% of the fund), and 94 for QQQ that do not appear in TOLZ (96.9%).
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.
You are not choosing between two funds in isolation.
Whichever of QQQ and TOLZ 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 TOLZ?
QQQ has an expense ratio of 0.18% while TOLZ charges 0.46%. QQQ is the cheaper option, by $28 a year on a $10,000 investment.
Which performed better, QQQ or TOLZ?
Over the past year QQQ returned +20.44% vs +9.69% for TOLZ, so QQQ leads on 1-year performance. Over the longest common window we track (13 years), QQQ annualized +18.65% vs +4.43% for TOLZ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QQQ or TOLZ?
QQQ has been the more volatile fund at 18.2% annualized versus 14.4% for TOLZ. Worst drawdown: QQQ -35.1% vs TOLZ -39.3%.
Should I hold both QQQ and TOLZ?
QQQ and TOLZ have a monthly-return correlation of 0.54, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between QQQ and TOLZ?
4.3% of TOLZ's money is in holdings QQQ also owns. 4.3% of TOLZ's is in holdings QQQ also owns. They hold 3 positions in common, counted across the 102 positions we hold weights for in QQQ and 112 in TOLZ.
Which pays a higher dividend, QQQ or TOLZ?
QQQ yields 0.44% while TOLZ yields 3.01%, so TOLZ currently pays the higher dividend yield.
Is TOLZ better than QQQ?
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window. TOLZ is less concentrated, with 39.6% 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.