QQQ vs TSLP
Invesco QQQ Trust, Series 1 vs Kurv Yield Premium Strategy Tesla ETF
Quick Verdict
QQQ has a lower expense ratio. QQQ delivered stronger 1-year returns. QQQ offers more diversification with 103 holdings.
Side-by-Side Comparison
| Metric | QQQ | TSLP | Winner |
|---|---|---|---|
| Expense Ratio | 0.18% | 1.00% | |
| AUM | $455.8B | $16M | |
| Dividend Yield | 0.41% | 28.16% | |
| Holdings | 108 | 10 | |
| YTD Return | +18.31% | -40.92% | |
| 1Y Return | +25.37% | -26.80% | |
| 3Y Return (annualized) | +25.79% | - | |
| 5Y Return (annualized) | +15.20% | - | |
| Volatility (annualized) | 30.6% | 49.8% | |
| Max Drawdown | -83.0% | -67.7% | |
| Fund Family | Invesco (US) | Kurv | |
| Category | Equity | Alternative | |
| Inception | Mar 10, 1999 | Oct 27, 2023 |
QQQ vs TSLP Performance
Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US) and Kurv Yield Premium Strategy Tesla ETF (TSLP) is a ETF from Kurv. Over the past year QQQ returned +25.37% while TSLP returned -26.80%. Year to date, QQQ is up 18.31% versus a loss of 40.92% for TSLP.
Risk: Volatility and Drawdowns
TSLP has been the more volatile fund, with annualized monthly volatility of 49.8% 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 -67.7% for TSLP. 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 0.38. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
QQQ charges 0.18% per year while TSLP charges 1.00%. On a $10,000 position that is $18 vs $100 annually, a gap of $82 per year that compounds over a long holding period. On income, QQQ currently yields 0.41% against 28.16% for TSLP.
Holdings Overlap
QQQ and TSLP share 0 holdings out of 104 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 TSLP?
QQQ has an expense ratio of 0.18% while TSLP charges 1.00%. QQQ is the cheaper option. On a $10,000 investment, that is $82 per year of difference.
Which performed better, QQQ or TSLP?
Over the past year QQQ returned +25.37% vs -26.80% for TSLP, so QQQ leads on 1-year performance. Over the longest common window we track (3 years), QQQ annualized +13.10% vs -19.16% for TSLP. Past performance does not guarantee future results.
Which is riskier, QQQ or TSLP?
TSLP has been the more volatile fund at 49.8% annualized versus 30.6% for QQQ. Worst drawdown: QQQ -83.0% vs TSLP -67.7%.
Should I hold both QQQ and TSLP?
QQQ and TSLP have a monthly-return correlation of 0.38, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between QQQ and TSLP?
QQQ and TSLP share 0 common holdings with a 0.0% weight overlap. Combined, they hold 104 unique securities.
Which pays a higher dividend, QQQ or TSLP?
QQQ yields 0.41% while TSLP yields 28.16%, so TSLP currently pays the higher dividend yield.
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