QQQ vs TRSY
Invesco QQQ Trust, Series 1 vs Xtrackers US 0-1 Year Treasury ETF
Quick Verdict
TRSY has a lower expense ratio. QQQ delivered stronger 1-year returns. QQQ offers more diversification with 108 holdings.
Side-by-Side Comparison
| Metric | QQQ | TRSY | Winner |
|---|---|---|---|
| Expense Ratio | 0.18% | 0.06% | |
| AUM | $496.3B | $93M | |
| Dividend Yield | 0.44% | 3.65% | |
| Holdings | 108 | 88 | |
| YTD Return | +16.64% | +0.43% | |
| 1Y Return | +27.27% | +1.60% | |
| 3Y Return (annualized) | +25.96% | - | |
| 5Y Return (annualized) | +14.54% | - | |
| Volatility (annualized) | 30.6% | 0.6% | |
| Max Drawdown | -83.0% | -0.8% | |
| Fund Family | Invesco (US) | Xtrackers ETFs | |
| Category | Equity | Fixed Income | |
| Inception | Mar 10, 1999 | Oct 9, 2024 |
QQQ vs TRSY Performance
Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US) and Xtrackers US 0-1 Year Treasury ETF (TRSY) is a ETF from Xtrackers ETFs. Over the past year QQQ returned +27.27% while TRSY returned +1.60%. Year to date, QQQ is up 16.64% versus a gain of 0.43% for TRSY.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% compared with 0.6% for TRSY. 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 -83.0% for QQQ and -0.8% for TRSY. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.09. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
QQQ charges 0.18% per year while TRSY charges 0.06%. On a $10,000 position that is $18 vs $6 annually, a gap of $12 per year that compounds over a long holding period. On income, QQQ currently yields 0.44% against 3.65% for TRSY.
Holdings Overlap
QQQ and TRSY share 0 holdings out of 150 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, QQQ or TRSY?
QQQ has an expense ratio of 0.18% while TRSY charges 0.06%. TRSY is the cheaper option. On a $10,000 investment, that is $12 per year of difference.
Which performed better, QQQ or TRSY?
Over the past year QQQ returned +27.27% vs +1.60% for TRSY, so QQQ leads on 1-year performance. Over the longest common window we track (2 years), QQQ annualized +13.03% vs +2.87% for TRSY. Past performance does not guarantee future results.
Which is riskier, QQQ or TRSY?
QQQ has been the more volatile fund at 30.6% annualized versus 0.6% for TRSY. Worst drawdown: QQQ -83.0% vs TRSY -0.8%.
Should I hold both QQQ and TRSY?
QQQ and TRSY have a monthly-return correlation of 0.09, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between QQQ and TRSY?
QQQ and TRSY share 0 common holdings with a 0.0% weight overlap. Combined, they hold 150 unique securities.
Which pays a higher dividend, QQQ or TRSY?
QQQ yields 0.44% while TRSY yields 3.65%, so TRSY currently pays the higher dividend yield.
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