QQQ vs TUR
Invesco QQQ Trust, Series 1 vs iShares MSCI Turkey 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 | TUR | Winner |
|---|---|---|---|
| Expense Ratio | 0.18% | 0.59% | |
| AUM | $496.3B | $221M | |
| Dividend Yield | 0.44% | 2.23% | |
| Holdings | 108 | 77 | |
| YTD Return | +16.64% | +18.10% | |
| 1Y Return | +27.27% | +17.33% | |
| 3Y Return (annualized) | +25.96% | +6.33% | |
| 5Y Return (annualized) | +14.54% | +14.87% | |
| Volatility (annualized) | 30.6% | 33.8% | |
| Max Drawdown | -83.0% | -77.5% | |
| Fund Family | Invesco (US) | iShares by BlackRock (US) | |
| Category | Equity | Equity | |
| Inception | Mar 10, 1999 | Mar 26, 2008 |
QQQ vs TUR Performance
Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US) and iShares MSCI Turkey ETF (TUR) is a ETF from iShares by BlackRock (US). Over the past year QQQ returned +27.27% while TUR returned +17.33%. Year to date, QQQ is up 16.64% versus a gain of 18.10% for TUR.
Over three years, QQQ compounded at +25.96% per year against +6.33% for TUR; over five years the annualized figures are +14.54% and +14.87% respectively. Across the full 18-year window we track, QQQ has the edge at +13.03% annualized vs -0.22%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
TUR has been the more volatile fund, with annualized monthly volatility of 33.8% 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 -77.5% for TUR. 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 0.35. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
QQQ charges 0.18% per year while TUR charges 0.59%. On a $10,000 position that is $18 vs $59 annually, a gap of $41 per year that compounds over a long holding period. On income, QQQ currently yields 0.44% against 2.23% for TUR.
Holdings Overlap
QQQ and TUR share 0 holdings out of 176 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 TUR?
QQQ has an expense ratio of 0.18% while TUR charges 0.59%. QQQ is the cheaper option. On a $10,000 investment, that is $41 per year of difference.
Which performed better, QQQ or TUR?
Over the past year QQQ returned +27.27% vs +17.33% for TUR, so QQQ leads on 1-year performance. Over the longest common window we track (18 years), QQQ annualized +13.03% vs -0.22% for TUR. Past performance does not guarantee future results.
Which is riskier, QQQ or TUR?
TUR has been the more volatile fund at 33.8% annualized versus 30.6% for QQQ. Worst drawdown: QQQ -83.0% vs TUR -77.5%.
Should I hold both QQQ and TUR?
QQQ and TUR have a monthly-return correlation of 0.35, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between QQQ and TUR?
QQQ and TUR share 0 common holdings with a 0.0% weight overlap. Combined, they hold 176 unique securities.
Which pays a higher dividend, QQQ or TUR?
QQQ yields 0.44% while TUR yields 2.23%, so TUR currently pays the higher dividend yield.
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