QQQ vs TSLT
Invesco QQQ Trust, Series 1 vs T-Rex 2X Long Tesla Daily Target 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 | TSLT | Winner |
|---|---|---|---|
| Expense Ratio | 0.18% | 1.05% | |
| AUM | $455.8B | $186M | |
| Dividend Yield | 0.41% | 0.00% | |
| Holdings | 108 | 11 | |
| YTD Return | +19.68% | -52.28% | |
| 1Y Return | +26.75% | -30.93% | |
| 3Y Return (annualized) | +26.25% | - | |
| 5Y Return (annualized) | +15.39% | - | |
| Volatility (annualized) | 30.6% | 106.0% | |
| Max Drawdown | -83.0% | -83.2% | |
| Fund Family | Invesco (US) | REX Shares | |
| Category | Equity | Alternative | |
| Inception | Mar 10, 1999 | Oct 19, 2023 |
QQQ vs TSLT Performance
Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US) and T-Rex 2X Long Tesla Daily Target ETF (TSLT) is a ETF from REX Shares. Over the past year QQQ returned +26.75% while TSLT returned -30.93%. Year to date, QQQ is up 19.68% versus a loss of 52.28% for TSLT.
Risk: Volatility and Drawdowns
TSLT has been the more volatile fund, with annualized monthly volatility of 106.0% 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 -83.2% for TSLT. 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 0.51. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
QQQ charges 0.18% per year while TSLT charges 1.05%. On a $10,000 position that is $18 vs $105 annually, a gap of $87 per year that compounds over a long holding period. On income, QQQ currently yields 0.41% against 0.00% for TSLT.
Frequently Asked Questions
Which is cheaper, QQQ or TSLT?
QQQ has an expense ratio of 0.18% while TSLT charges 1.05%. QQQ is the cheaper option. On a $10,000 investment, that is $87 per year of difference.
Which performed better, QQQ or TSLT?
Over the past year QQQ returned +26.75% vs -30.93% for TSLT, so QQQ leads on 1-year performance. Over the longest common window we track (3 years), QQQ annualized +13.15% vs -17.08% for TSLT. Past performance does not guarantee future results.
Which is riskier, QQQ or TSLT?
TSLT has been the more volatile fund at 106.0% annualized versus 30.6% for QQQ. Worst drawdown: QQQ -83.0% vs TSLT -83.2%.
Should I hold both QQQ and TSLT?
QQQ and TSLT have a monthly-return correlation of 0.51, so combining them can provide real diversification depending on your allocation goals.
Which pays a higher dividend, QQQ or TSLT?
QQQ yields 0.41% while TSLT yields 0.00%, so QQQ currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.