QQQ vs TSMG
Invesco QQQ Trust, Series 1 vs Leverage Shares 2X Long TSM Daily ETF
Which is better, QQQ or TSMG?
Large Cap Growth against Multi Alternative.
QQQ has a lower expense ratio. TSMG led over 1Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | QQQ | TSMG |
|---|---|---|
| Expense Ratio | 0.18%Best | 0.76% |
| AUM | $483.5B | $31M |
| Dividend Yield | 0.44% | 7.45% |
| Holdings | 107 | 6 |
| YTD Return | +17.95% | +50.38%Best |
| 1Y Return | +21.77% | +101.11%Best |
| 3Y Return (annualized) | +25.63% | - |
| 5Y Return (annualized) | +15.24% | - |
| Volatility (annualized) | 20.1%Best | 75.6% |
| Max Drawdown | -22.8%Best | -63.7% |
| $10,000 over 1.7 years | $14,466 | $29,852Best |
| Fund Family | Invesco (US) | Leverage Shares |
| Category | Equity | Alternative |
| Style | Large Cap Growth | Multi Alternative |
| Inception | Mar 10, 1999 | Jan 14, 2025 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 1.7 years row, are measured over the window both funds cover: Jan 14, 2025 to Sep 18, 2026 (1.7 years).
QQQ vs TSMG growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 1.7 years both funds cover.
QQQ vs TSMG Performance
Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US) and Leverage Shares 2X Long TSM Daily ETF (TSMG) is an ETF from Leverage Shares. Over the past year QQQ returned +21.77% while TSMG returned +101.11%. Year to date, QQQ is up 17.95% versus a gain of 50.38% for TSMG.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
TSMG has been the more volatile fund, with annualized monthly volatility of 75.6% compared with 20.1% 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 -22.8% for QQQ and -63.7% for TSMG. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.70. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
QQQ charges 0.18% per year while TSMG charges 0.76%. On a $10,000 position that is $18 vs $76 annually, a gap of $58 per year that compounds over a long holding period. On income, QQQ currently yields 0.44% against 7.45% for TSMG.
Holdings Overlap
We hold position weights for 102 holdings in QQQ and 1 in TSMG, totalling 99.9% and 12.4% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 102 positions we hold weights for in QQQ and 1 in TSMG, against full books of 107 and 6.
You are not choosing between two funds in isolation.
Whichever of QQQ and TSMG you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, QQQ or TSMG?
QQQ has an expense ratio of 0.18% while TSMG charges 0.76%. QQQ is the cheaper option, by $58 a year on a $10,000 investment.
Which performed better, QQQ or TSMG?
Over the past year QQQ returned +21.77% vs +101.11% for TSMG, so TSMG leads on 1-year performance. Over the longest common window we track (2 years), QQQ annualized +24.26% vs +90.28% for TSMG. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QQQ or TSMG?
TSMG has been the more volatile fund at 75.6% annualized versus 20.1% for QQQ. Worst drawdown: QQQ -22.8% vs TSMG -63.7%.
Should I hold both QQQ and TSMG?
QQQ and TSMG have a monthly-return correlation of 0.70, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, QQQ or TSMG?
QQQ yields 0.44% while TSMG yields 7.45%, so TSMG currently pays the higher dividend yield.
Is TSMG better than QQQ?
QQQ has a lower expense ratio. TSMG led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.