QQQ vs VTN
Invesco QQQ Trust, Series 1 vs Invesco Trust for Investment Grade New York Municipals
Which is better, QQQ or VTN?
Large Cap Growth against Municipal New York.
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 | VTN |
|---|---|---|
| Expense Ratio | 0.18%Best | 2.69% |
| AUM | $498.6B | $145M |
| Dividend Yield | 0.42% | 7.94% |
| Holdings | 321 | 201 |
| YTD Return | +22.67%Best | -11.37% |
| 1Y Return | +24.33%Best | -6.83% |
| 3Y Return (annualized) | +29.05%Best | +9.45% |
| 5Y Return (annualized) | +17.00%Best | -0.92% |
| Volatility (annualized) | 30.5% | 14.4%Best |
| Max Drawdown | -83.0% | - |
| $10,000 over 5 years | $21,924Best | $9,548 |
| Fund Family | Invesco (US) | Invesco (US) |
| Category | Equity | Tax Preferred |
| Style | Large Cap Growth | Municipal New York |
| Inception | Mar 10, 1999 | Mar 27, 1992 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Mar 10, 1999 to Oct 2, 2026 (27.6 years).
QQQ vs VTN 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 VTN Performance
Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US) and Invesco Trust for Investment Grade New York Municipals (VTN) is an ETF from Invesco (US). Over the past year QQQ returned +24.33% while VTN returned -6.83%. Year to date, QQQ is up 22.67% versus a loss of 11.37% for VTN.
Over three years, QQQ compounded at +29.05% per year against +9.45% for VTN; over five years the annualized figures are +17.00% and -0.92% respectively. Across the full 28-year window we track, QQQ has the edge at +13.18% annualized vs -0.98%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 30.5% compared with 14.4% for VTN. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The two funds' monthly returns correlate at 0.13. They move largely independently of each other.
Fees and Cost Over Time
QQQ charges 0.18% per year while VTN charges 2.69%. On a $10,000 position that is $18 vs $269 annually, a gap of $251 per year that compounds over a long holding period. On income, QQQ currently yields 0.42% against 7.94% for VTN.
Holdings Overlap
We hold position weights for 102 holdings in QQQ and 69 in VTN, totalling 99.9% and 37.1% 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 69 in VTN, against full books of 321 and 201.
You are not choosing between two funds in isolation.
Whichever of QQQ and VTN 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 VTN?
QQQ has an expense ratio of 0.18% while VTN charges 2.69%. QQQ is the cheaper option, by $251 a year on a $10,000 investment.
Which performed better, QQQ or VTN?
Over the past year QQQ returned +24.33% vs -6.83% for VTN, so QQQ leads on 1-year performance. Over the longest common window we track (28 years), QQQ annualized +13.18% vs -0.98% for VTN. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QQQ or VTN?
QQQ has been the more volatile fund at 30.5% annualized versus 14.4% for VTN.
Should I hold both QQQ and VTN?
QQQ and VTN have a monthly-return correlation of 0.13, 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 VTN?
QQQ yields 0.42% while VTN yields 7.94%, so VTN currently pays the higher dividend yield.
Is VTN 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.