QQQ vs TSLZ
Invesco QQQ Trust, Series 1 vs T-Rex 2X Inverse Tesla Daily Target 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 | TSLZ | Winner |
|---|---|---|---|
| Expense Ratio | 0.18% | 1.05% | |
| AUM | $496.3B | $28M | |
| Dividend Yield | 0.44% | 0.46% | |
| Holdings | 108 | 7 | |
| YTD Return | +16.64% | -1.04% | |
| 1Y Return | +27.27% | -58.70% | |
| 3Y Return (annualized) | +25.96% | - | |
| 5Y Return (annualized) | +14.54% | - | |
| Volatility (annualized) | 30.6% | 106.1% | |
| Max Drawdown | -83.0% | -99.1% | |
| Fund Family | Invesco (US) | REX Shares | |
| Category | Equity | Alternative | |
| Inception | Mar 10, 1999 | Oct 19, 2023 |
QQQ vs TSLZ Performance
Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US) and T-Rex 2X Inverse Tesla Daily Target ETF (TSLZ) is a ETF from REX Shares. Over the past year QQQ returned +27.27% while TSLZ returned -58.70%. Year to date, QQQ is up 16.64% versus a loss of 1.04% for TSLZ.
Risk: Volatility and Drawdowns
TSLZ has been the more volatile fund, with annualized monthly volatility of 106.1% 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 -99.1% for TSLZ. 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 -0.42. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
QQQ charges 0.18% per year while TSLZ 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 0.44% against 0.46% for TSLZ.
Frequently Asked Questions
Which is cheaper, QQQ or TSLZ?
QQQ has an expense ratio of 0.18% while TSLZ 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 TSLZ?
Over the past year QQQ returned +27.27% vs -58.70% for TSLZ, so QQQ leads on 1-year performance. Over the longest common window we track (3 years), QQQ annualized +13.03% vs -76.00% for TSLZ. Past performance does not guarantee future results.
Which is riskier, QQQ or TSLZ?
TSLZ has been the more volatile fund at 106.1% annualized versus 30.6% for QQQ. Worst drawdown: QQQ -83.0% vs TSLZ -99.1%.
Should I hold both QQQ and TSLZ?
QQQ and TSLZ have a monthly-return correlation of -0.42, so combining them can provide real diversification depending on your allocation goals.
Which pays a higher dividend, QQQ or TSLZ?
QQQ yields 0.44% while TSLZ yields 0.46%, so TSLZ currently pays the higher dividend yield.
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