QQQ vs TXUE
Invesco QQQ Trust, Series 1 vs Thornburg International Equity ETF
Which is better, QQQ or TXUE?
Large Cap Growth against Large Cap Blend.
QQQ has a lower expense ratio. QQQ 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 | TXUE |
|---|---|---|
| Expense Ratio | 0.18%Best | 0.65% |
| AUM | $498.6B | $542M |
| Dividend Yield | 0.42% | 0.93% |
| Holdings | 321 | 49 |
| YTD Return | +22.67%Best | +9.78% |
| 1Y Return | +24.33%Best | +14.58% |
| 3Y Return (annualized) | +29.05% | - |
| 5Y Return (annualized) | +17.00% | - |
| Volatility (annualized) | 19.6% | 11.7%Best |
| Max Drawdown | -22.8% | -13.0%Best |
| $10,000 over 1.7 years | $14,246Best | $13,917 |
| Fund Family | Invesco (US) | Thornburg Investment Management |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Blend |
| Inception | Mar 10, 1999 | Jan 22, 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 22, 2025 to Oct 2, 2026 (1.7 years).
QQQ vs TXUE 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 TXUE Performance
Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US) and Thornburg International Equity ETF (TXUE) is an ETF from Thornburg Investment Management. Over the past year QQQ returned +24.33% while TXUE returned +14.58%. Year to date, QQQ is up 22.67% versus a gain of 9.78% for TXUE.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 19.6% compared with 11.7% for TXUE. 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 -13.0% for TXUE. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.22. They move largely independently of each other.
Fees and Cost Over Time
QQQ charges 0.18% per year while TXUE charges 0.65%. On a $10,000 position that is $18 vs $65 annually, a gap of $47 per year that compounds over a long holding period. On income, QQQ currently yields 0.42% against 0.93% for TXUE.
Holdings Overlap
At least 1.1% of QQQ's money is in holdings TXUE also owns.
Stated as a floor: for TXUE, our book for it covers 94.1% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
QQQ and TXUE share little of their money.
2 positions in common, counted across the 102 positions we hold weights for in QQQ and 48 in TXUE, against full books of 321 and 49.
You are not choosing between two funds in isolation.
Whichever of QQQ and TXUE 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 TXUE?
QQQ has an expense ratio of 0.18% while TXUE charges 0.65%. QQQ is the cheaper option, by $47 a year on a $10,000 investment.
Which performed better, QQQ or TXUE?
Over the past year QQQ returned +24.33% vs +14.58% for TXUE, so QQQ leads on 1-year performance. Over the longest common window we track (2 years), QQQ annualized +23.14% vs +21.46% for TXUE. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QQQ or TXUE?
QQQ has been the more volatile fund at 19.6% annualized versus 11.7% for TXUE. Worst drawdown: QQQ -22.8% vs TXUE -13.0%.
Should I hold both QQQ and TXUE?
QQQ and TXUE have a monthly-return correlation of 0.22, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between QQQ and TXUE?
At least 1.1% of QQQ's money is in holdings TXUE also owns. Our book for TXUE is partial, so the real figure is this or higher. They hold 2 positions in common, counted across the 102 positions we hold weights for in QQQ and 48 in TXUE.
Which pays a higher dividend, QQQ or TXUE?
QQQ yields 0.42% while TXUE yields 0.93%, so TXUE currently pays the higher dividend yield.
Is TXUE better than QQQ?
QQQ has a lower expense ratio. QQQ 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.