QQQ vs TSLQ
Invesco QQQ Trust, Series 1 vs Tradr 2X Short 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 | TSLQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.18% | 1.17% | |
| AUM | $496.3B | $99M | |
| Dividend Yield | 0.44% | 7.08% | |
| Holdings | 108 | 12 | |
| YTD Return | +16.64% | +1.94% | |
| 1Y Return | +27.27% | -56.28% | |
| 3Y Return (annualized) | +25.96% | -65.62% | |
| 5Y Return (annualized) | +14.54% | - | |
| Volatility (annualized) | 30.6% | 88.2% | |
| Max Drawdown | -83.0% | -98.7% | |
| Fund Family | Invesco (US) | Tradr ETFs | |
| Category | Equity | Alternative | |
| Inception | Mar 10, 1999 | Jul 13, 2022 |
QQQ vs TSLQ Performance
Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US) and Tradr 2X Short TSLA Daily ETF (TSLQ) is a ETF from Tradr ETFs. Over the past year QQQ returned +27.27% while TSLQ returned -56.28%. Year to date, QQQ is up 16.64% versus a gain of 1.94% for TSLQ.
Over three years, QQQ compounded at +25.96% per year against -65.62% for TSLQ. Across the full 4-year window we track, QQQ has the edge at +13.03% annualized vs -57.49%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
TSLQ has been the more volatile fund, with annualized monthly volatility of 88.2% 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 -98.7% for TSLQ. 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 -0.49. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
QQQ charges 0.18% per year while TSLQ charges 1.17%. On a $10,000 position that is $18 vs $117 annually, a gap of $99 per year that compounds over a long holding period. On income, QQQ currently yields 0.44% against 7.08% for TSLQ.
Holdings Overlap
QQQ and TSLQ 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 TSLQ?
QQQ has an expense ratio of 0.18% while TSLQ charges 1.17%. QQQ is the cheaper option. On a $10,000 investment, that is $99 per year of difference.
Which performed better, QQQ or TSLQ?
Over the past year QQQ returned +27.27% vs -56.28% for TSLQ, so QQQ leads on 1-year performance. Over the longest common window we track (4 years), QQQ annualized +13.03% vs -57.49% for TSLQ. Past performance does not guarantee future results.
Which is riskier, QQQ or TSLQ?
TSLQ has been the more volatile fund at 88.2% annualized versus 30.6% for QQQ. Worst drawdown: QQQ -83.0% vs TSLQ -98.7%.
Should I hold both QQQ and TSLQ?
QQQ and TSLQ have a monthly-return correlation of -0.49, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between QQQ and TSLQ?
QQQ and TSLQ share 0 common holdings with a 0.0% weight overlap. Combined, they hold 103 unique securities.
Which pays a higher dividend, QQQ or TSLQ?
QQQ yields 0.44% while TSLQ yields 7.08%, so TSLQ currently pays the higher dividend yield.
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