QQQ vs TSLG
Invesco QQQ Trust, Series 1 vs Leverage Shares 2X 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 | TSLG | Winner |
|---|---|---|---|
| Expense Ratio | 0.18% | 0.80% | |
| AUM | $496.3B | $44M | |
| Dividend Yield | 0.44% | 16.80% | |
| Holdings | 108 | 5 | |
| YTD Return | +15.47% | -49.26% | |
| 1Y Return | +24.44% | -28.09% | |
| 3Y Return (annualized) | +25.47% | - | |
| 5Y Return (annualized) | +14.22% | - | |
| Volatility (annualized) | 30.6% | 100.6% | |
| Max Drawdown | -83.0% | -82.9% | |
| Fund Family | Invesco (US) | Leverage Shares | |
| Category | Equity | Alternative | |
| Inception | Mar 10, 1999 | Dec 13, 2024 |
QQQ vs TSLG Performance
Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US) and Leverage Shares 2X Long TSLA Daily ETF (TSLG) is a ETF from Leverage Shares. Over the past year QQQ returned +24.44% while TSLG returned -28.09%. Year to date, QQQ is up 15.47% versus a loss of 49.26% for TSLG.
Risk: Volatility and Drawdowns
TSLG has been the more volatile fund, with annualized monthly volatility of 100.6% 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 -82.9% for TSLG. 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 0.60. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
QQQ charges 0.18% per year while TSLG charges 0.80%. On a $10,000 position that is $18 vs $80 annually, a gap of $62 per year that compounds over a long holding period. On income, QQQ currently yields 0.44% against 16.80% for TSLG.
Holdings Overlap
QQQ and TSLG share 0 holdings out of 103 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 TSLG?
QQQ has an expense ratio of 0.18% while TSLG charges 0.80%. QQQ is the cheaper option. On a $10,000 investment, that is $62 per year of difference.
Which performed better, QQQ or TSLG?
Over the past year QQQ returned +24.44% vs -28.09% for TSLG, so QQQ leads on 1-year performance. Over the longest common window we track (2 years), QQQ annualized +12.99% vs -51.52% for TSLG. Past performance does not guarantee future results.
Which is riskier, QQQ or TSLG?
TSLG has been the more volatile fund at 100.6% annualized versus 30.6% for QQQ. Worst drawdown: QQQ -83.0% vs TSLG -82.9%.
Should I hold both QQQ and TSLG?
QQQ and TSLG have a monthly-return correlation of 0.60, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between QQQ and TSLG?
QQQ and TSLG share 0 common holdings with a 0.0% weight overlap. Combined, they hold 103 unique securities.
Which pays a higher dividend, QQQ or TSLG?
QQQ yields 0.44% while TSLG yields 16.80%, so TSLG currently pays the higher dividend yield.
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