QQQ vs UTWY
Invesco QQQ Trust, Series 1 vs F/m US Treasury 20 Year Bond ETF
Quick Verdict
UTWY has a lower expense ratio. QQQ delivered stronger 1-year returns. QQQ offers more diversification with 108 holdings.
Side-by-Side Comparison
| Metric | QQQ | UTWY | Winner |
|---|---|---|---|
| Expense Ratio | 0.18% | 0.15% | |
| AUM | $496.3B | $8M | |
| Dividend Yield | 0.44% | 5.26% | |
| Holdings | 108 | 2 | |
| YTD Return | +16.64% | -2.70% | |
| 1Y Return | +27.27% | +0.02% | |
| 3Y Return (annualized) | +25.96% | +1.41% | |
| 5Y Return (annualized) | +14.54% | - | |
| Volatility (annualized) | 30.6% | 10.7% | |
| Max Drawdown | -83.0% | -18.2% | |
| Fund Family | Invesco (US) | US Benchmark Series | |
| Category | Equity | Fixed Income | |
| Inception | Mar 10, 1999 | Mar 28, 2023 |
QQQ vs UTWY Performance
Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US) and F/m US Treasury 20 Year Bond ETF (UTWY) is a ETF from US Benchmark Series. Over the past year QQQ returned +27.27% while UTWY returned +0.02%. Year to date, QQQ is up 16.64% versus a loss of 2.70% for UTWY.
Over three years, QQQ compounded at +25.96% per year against +1.41% for UTWY. Across the full 3-year window we track, QQQ has the edge at +13.03% annualized vs -1.15%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% compared with 10.7% for UTWY. 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 -18.2% for UTWY. 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 UTWY charges 0.15%. On a $10,000 position that is $18 vs $15 annually, a gap of $3 per year that compounds over a long holding period. On income, QQQ currently yields 0.44% against 5.26% for UTWY.
Frequently Asked Questions
Which is cheaper, QQQ or UTWY?
QQQ has an expense ratio of 0.18% while UTWY charges 0.15%. UTWY is the cheaper option. On a $10,000 investment, that is $3 per year of difference.
Which performed better, QQQ or UTWY?
Over the past year QQQ returned +27.27% vs +0.02% for UTWY, so QQQ leads on 1-year performance. Over the longest common window we track (3 years), QQQ annualized +13.03% vs -1.15% for UTWY. Past performance does not guarantee future results.
Which is riskier, QQQ or UTWY?
QQQ has been the more volatile fund at 30.6% annualized versus 10.7% for UTWY. Worst drawdown: QQQ -83.0% vs UTWY -18.2%.
Should I hold both QQQ and UTWY?
QQQ and UTWY have a monthly-return correlation of 0.35, so combining them can provide real diversification depending on your allocation goals.
Which pays a higher dividend, QQQ or UTWY?
QQQ yields 0.44% while UTWY yields 5.26%, so UTWY currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.