QQQ vs TSL
Invesco QQQ Trust, Series 1 vs GraniteShares 1.25x Long TSLA Daily ETF
Quick Verdict
QQQ has a lower expense ratio. QQQ delivered stronger 1-year returns. QQQ offers more diversification with 108 holdings.
Side-by-Side Comparison
| Metric | QQQ | TSL | Winner |
|---|---|---|---|
| Expense Ratio | 0.18% | 1.15% | |
| AUM | $496.3B | $10M | |
| Dividend Yield | 0.44% | 0.00% | |
| Holdings | 108 | 2 | |
| YTD Return | +16.23% | -28.90% | |
| 1Y Return | +26.23% | +1.18% | |
| 3Y Return (annualized) | +25.75% | +7.04% | |
| 5Y Return (annualized) | +14.78% | - | |
| Volatility (annualized) | 30.6% | 73.9% | |
| Max Drawdown | -83.0% | -74.5% | |
| Fund Family | Invesco (US) | GraniteShares | |
| Category | Equity | Alternative | |
| Inception | Mar 10, 1999 | Aug 9, 2022 |
QQQ vs TSL Performance
Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US) and GraniteShares 1.25x Long TSLA Daily ETF (TSL) is a ETF from GraniteShares. Over the past year QQQ returned +26.23% while TSL returned +1.18%. Year to date, QQQ is up 16.23% versus a loss of 28.90% for TSL.
Over three years, QQQ compounded at +25.75% per year against +7.04% for TSL. Across the full 4-year window we track, QQQ has the edge at +13.02% annualized vs -4.37%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
TSL has been the more volatile fund, with annualized monthly volatility of 73.9% compared with 30.6% for QQQ. 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 -74.5% for TSL. 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 0.53. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
QQQ charges 0.18% per year while TSL charges 1.15%. On a $10,000 position that is $18 vs $115 annually, a gap of $97 per year that compounds over a long holding period. On income, QQQ currently yields 0.44% against 0.00% for TSL.
Holdings Overlap
QQQ and TSL share 1 holdings out of 102 unique holdings combined, representing a 2.6% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in QQQ | Weight in TSL | Difference |
|---|---|---|---|
| TSLA | 2.56% | 55.60% | 53.04% |
Frequently Asked Questions
Which is cheaper, QQQ or TSL?
QQQ has an expense ratio of 0.18% while TSL charges 1.15%. QQQ is the cheaper option. On a $10,000 investment, that is $97 per year of difference.
Which performed better, QQQ or TSL?
Over the past year QQQ returned +26.23% vs +1.18% for TSL, so QQQ leads on 1-year performance. Over the longest common window we track (4 years), QQQ annualized +13.02% vs -4.37% for TSL. Past performance does not guarantee future results.
Which is riskier, QQQ or TSL?
TSL has been the more volatile fund at 73.9% annualized versus 30.6% for QQQ. Worst drawdown: QQQ -83.0% vs TSL -74.5%.
Should I hold both QQQ and TSL?
QQQ and TSL have a monthly-return correlation of 0.53, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between QQQ and TSL?
QQQ and TSL share 1 common holdings with a 2.6% weight overlap. Combined, they hold 102 unique securities.
Which pays a higher dividend, QQQ or TSL?
QQQ yields 0.44% while TSL yields 0.00%, so QQQ currently pays the higher dividend yield.
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