QQQ vs WTLS
Invesco QQQ Trust, Series 1 vs WisdomTree Efficient Long/Short US Equity Fund ETF
Quick Verdict
QQQ has a lower expense ratio. WTLS offers more diversification with 564 holdings.
Side-by-Side Comparison
| Metric | QQQ | WTLS | Winner |
|---|---|---|---|
| Expense Ratio | 0.18% | 0.88% | |
| AUM | $455.8B | $12M | |
| Dividend Yield | 0.41% | 0.00% | |
| Holdings | 108 | 564 | |
| YTD Return | +17.85% | +24.09% | |
| 1Y Return | +26.45% | - | |
| 3Y Return (annualized) | +26.07% | - | |
| 5Y Return (annualized) | +15.16% | - | |
| Volatility (annualized) | 30.6% | - | |
| Max Drawdown | -83.0% | -8.9% | |
| Fund Family | Invesco (US) | WisdomTree Investments | |
| Category | Equity | Alternative | |
| Inception | Mar 10, 1999 | Jan 22, 2026 |
QQQ vs WTLS Performance
Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US) and WisdomTree Efficient Long/Short US Equity Fund ETF (WTLS) is a ETF from WisdomTree Investments. Year to date, QQQ is up 17.85% versus a gain of 24.09% for WTLS.
Risk: Volatility and Drawdowns
The deepest peak-to-trough decline in our data was -83.0% for QQQ and -8.9% for WTLS. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
Fees and Cost Over Time
QQQ charges 0.18% per year while WTLS charges 0.88%. On a $10,000 position that is $18 vs $88 annually, a gap of $70 per year that compounds over a long holding period. On income, QQQ currently yields 0.41% against 0.00% for WTLS.
Holdings Overlap
QQQ and WTLS share 43 holdings out of 624 unique holdings combined, representing a 12.1% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, QQQ or WTLS?
QQQ has an expense ratio of 0.18% while WTLS charges 0.88%. QQQ is the cheaper option. On a $10,000 investment, that is $70 per year of difference.
What is the holdings overlap between QQQ and WTLS?
QQQ and WTLS share 43 common holdings with a 12.1% weight overlap. Combined, they hold 624 unique securities.
Which pays a higher dividend, QQQ or WTLS?
QQQ yields 0.41% while WTLS yields 0.00%, so QQQ currently pays the higher dividend yield.
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