QQQ vs TOT
Invesco QQQ Trust, Series 1 vs LionShares US Equity Total Return ETF
Which is better, QQQ or TOT?
Each has led over a different period.
TOT has a lower expense ratio. QQQ led over the full window, TOT over 1Y.
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 | TOT |
|---|---|---|
| Expense Ratio | 0.18% | 0.07%Best |
| AUM | $437.3B | $11M |
| Dividend Yield | 0.43% | 0.00% |
| Holdings | 208 | 6 |
| Volatility (annualized) | 21.7% | 12.7%Best |
| Max Drawdown | -12.0% | -9.0%Best |
| $10,000 over 1.1 years | $12,455Best | $11,875 |
| Fund Family | Invesco (US) | LionShares LLC |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | Mar 10, 1999 | Sep 1, 2025 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized), Top 10 Weight.
The two price series end 16 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. QQQ has data through Nov 11, 2026 and TOT through Oct 26, 2026.
Volatility and max drawdown, and the $10,000 over 1.1 years row, are measured over the window both funds cover: Sep 3, 2025 to Oct 26, 2026 (1.1 years).
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 21.7% compared with 12.7% for TOT. 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 -12.0% for QQQ and -9.0% for TOT. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.87. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
QQQ charges 0.18% per year while TOT charges 0.07%. On a $10,000 position that is $18 vs $7 annually, a gap of $11 per year that compounds over a long holding period. On income, QQQ currently yields 0.43% against 0.00% for TOT.
Holdings Overlap
We hold position weights for 101 holdings in QQQ and 2 in TOT, totalling 99.7% and 100.0% 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 101 positions we hold weights for in QQQ and 2 in TOT, against full books of 208 and 6.
You are not choosing between two funds in isolation.
Whichever of QQQ and TOT 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 TOT?
QQQ has an expense ratio of 0.18% while TOT charges 0.07%. TOT is the cheaper option, by $11 a year on a $10,000 investment.
Which is riskier, QQQ or TOT?
QQQ has been the more volatile fund at 21.7% annualized versus 12.7% for TOT. Worst drawdown: QQQ -12.0% vs TOT -9.0%.
Should I hold both QQQ and TOT?
QQQ and TOT have a monthly-return correlation of 0.87, 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 TOT?
QQQ yields 0.43% while TOT yields 0.00%, so QQQ currently pays the higher dividend yield.
Is TOT better than QQQ?
TOT has a lower expense ratio. QQQ led over the full window, TOT over 1Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.