QQQ vs UTF
Invesco QQQ Trust, Series 1 vs Cohen & Steers Infrastructure Fund Inc
Which is better, QQQ or UTF?
Large Cap Growth against Large Cap Blend.
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y 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 | UTF |
|---|---|---|
| Expense Ratio | 0.18%Best | 3.42% |
| AUM | $483.5B | $3,053.86 |
| Dividend Yield | 0.44% | 6.97% |
| Holdings | 107 | 311 |
| YTD Return | +17.21%Best | +8.57% |
| 1Y Return | +22.10%Best | +9.52% |
| 3Y Return (annualized) | +25.27%Best | +14.88% |
| 5Y Return (annualized) | +14.60%Best | +5.44% |
| Volatility (annualized) | 18.3%Best | 20.2% |
| Max Drawdown | -53.5%Best | -76.7% |
| $10,000 over 5 years | $19,766Best | $13,032 |
| Fund Family | Invesco (US) | Cohen & Steers Funds |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Blend |
| Inception | Mar 10, 1999 | Mar 30, 2004 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Mar 26, 2004 to Sep 17, 2026 (22.5 years).
QQQ vs UTF 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
QQQ vs UTF Performance
Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US) and Cohen & Steers Infrastructure Fund Inc (UTF) is an ETF from Cohen & Steers Funds. Over the past year QQQ returned +22.10% while UTF returned +9.52%. Year to date, QQQ is up 17.21% versus a gain of 8.57% for UTF.
Over three years, QQQ compounded at +25.27% per year against +14.88% for UTF; over five years the annualized figures are +14.60% and +5.44% respectively. Across the full 23-year window we track, QQQ has the edge at +14.51% annualized vs +2.94%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
UTF has been the more volatile fund, with annualized monthly volatility of 20.2% compared with 18.3% 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 -53.5% for QQQ and -76.7% for UTF. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.58. They move together some of the time, and apart the rest.
Fees and Cost Over Time
QQQ charges 0.18% per year while UTF charges 3.42%. On a $10,000 position that is $18 vs $342 annually, a gap of $324 per year that compounds over a long holding period. On income, QQQ currently yields 0.44% against 6.97% for UTF.
Holdings Overlap
At least 0.6% of QQQ's money is in holdings UTF also owns.
Only one direction is shown: for UTF, our book for it lists positions totalling 129.0% of the fund, which is what a leveraged book looks like and is not a denominator we can divide by.
We cannot see either book well enough to say how much of this pair is duplicated.
The two holdings books were reported 127 days apart, QQQ as of Aug 5, 2026 and UTF as of Mar 31, 2026, so some of the difference between them is the time between the two reports rather than the funds.
2 positions in common, counted across the 102 positions we hold weights for in QQQ and 241 in UTF, against full books of 107 and 311.
You are not choosing between two funds in isolation.
Whichever of QQQ and UTF 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 UTF?
QQQ has an expense ratio of 0.18% while UTF charges 3.42%. QQQ is the cheaper option, by $324 a year on a $10,000 investment.
Which performed better, QQQ or UTF?
Over the past year QQQ returned +22.10% vs +9.52% for UTF, so QQQ leads on 1-year performance. Over the longest common window we track (23 years), QQQ annualized +14.51% vs +2.94% for UTF. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QQQ or UTF?
UTF has been the more volatile fund at 20.2% annualized versus 18.3% for QQQ. Worst drawdown: QQQ -53.5% vs UTF -76.7%.
Should I hold both QQQ and UTF?
QQQ and UTF have a monthly-return correlation of 0.58, 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 UTF?
QQQ yields 0.44% while UTF yields 6.97%, so UTF currently pays the higher dividend yield.
Is UTF better than QQQ?
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.