QQQ vs TSLW

QQQ vs TSLW
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Quick Verdict

QQQ has a lower expense ratio. QQQ delivered stronger 1-year returns. QQQ offers more diversification with 108 holdings.

Lower Fees: QQQHigher Returns: QQQMore Diversified: QQQ

Side-by-Side Comparison

MetricQQQTSLWWinner
Expense Ratio0.18%0.99%
AUM$496.3B$72M
Dividend Yield0.44%121.28%
Holdings1085
YTD Return+19.52%-39.01%
1Y Return+26.68%-18.13%
3Y Return (annualized)+26.64%-
5Y Return (annualized)+15.36%-
Volatility (annualized)30.6%58.9%
Max Drawdown-83.0%-54.3%
Fund FamilyInvesco (US)Roundhill Investments
CategoryEquityEquity
InceptionMar 10, 1999Feb 19, 2025

QQQ vs TSLW Performance

Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US) and Roundhill TSLA WeeklyPay ETF (TSLW) is a ETF from Roundhill Investments. Over the past year QQQ returned +26.68% while TSLW returned -18.13%. Year to date, QQQ is up 19.52% versus a loss of 39.01% for TSLW.

Risk: Volatility and Drawdowns

TSLW has been the more volatile fund, with annualized monthly volatility of 58.9% 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 -54.3% for TSLW. 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 0.58. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

QQQ charges 0.18% per year while TSLW charges 0.99%. On a $10,000 position that is $18 vs $99 annually, a gap of $81 per year that compounds over a long holding period. On income, QQQ currently yields 0.44% against 121.28% for TSLW.

Holdings Overlap

2.6%overlap

QQQ and TSLW share 1 holdings out of 103 unique holdings combined, representing a 2.6% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in QQQWeight in TSLWDifference
TSLA2.56%19.90%17.34%

Frequently Asked Questions

Which is cheaper, QQQ or TSLW?

QQQ has an expense ratio of 0.18% while TSLW charges 0.99%. QQQ is the cheaper option. On a $10,000 investment, that is $81 per year of difference.

Which performed better, QQQ or TSLW?

Over the past year QQQ returned +26.68% vs -18.13% for TSLW, so QQQ leads on 1-year performance. Over the longest common window we track (2 years), QQQ annualized +13.14% vs -8.30% for TSLW. Past performance does not guarantee future results.

Which is riskier, QQQ or TSLW?

TSLW has been the more volatile fund at 58.9% annualized versus 30.6% for QQQ. Worst drawdown: QQQ -83.0% vs TSLW -54.3%.

Should I hold both QQQ and TSLW?

QQQ and TSLW have a monthly-return correlation of 0.58, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between QQQ and TSLW?

QQQ and TSLW share 1 common holdings with a 2.6% weight overlap. Combined, they hold 103 unique securities.

Which pays a higher dividend, QQQ or TSLW?

QQQ yields 0.44% while TSLW yields 121.28%, so TSLW currently pays the higher dividend yield.

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