QQQ vs XTR
Invesco QQQ Trust, Series 1 vs Global X S&P 500 Tail Risk ETF
Which is better, QQQ or XTR?
Large Cap Growth against Large Cap Blend.
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.92. XTR is less concentrated, with 37.9% of the fund in its ten largest positions against 46.5%.
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 | XTR |
|---|---|---|
| Expense Ratio | 0.18%Best | 0.25% |
| AUM | $483.5B | $5M |
| Dividend Yield | 0.44% | 16.19% |
| Holdings | 107 | 506 |
| YTD Return | +15.21%Best | +8.11% |
| 1Y Return | +19.78%Best | +11.09% |
| 3Y Return (annualized) | +24.58%Best | +16.90% |
| 5Y Return (annualized) | +13.93%Best | +9.25% |
| Volatility (annualized) | 21.0% | 13.7%Best |
| Max Drawdown | -35.1% | -20.8%Best |
| $10,000 over 5 years | $19,195Best | $15,563 |
| Top 10 Weight | 46.5% | 37.9%Best |
| Fund Family | Invesco (US) | Global X by mirae Asset |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Blend |
| Inception | Mar 10, 1999 | Aug 25, 2021 |
Volatility and max drawdown are measured over the window both funds cover: Aug 26, 2021 to Sep 16, 2026 (5.1 years).
QQQ vs XTR 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 5.1 years both funds cover.
QQQ vs XTR Performance
Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US) and Global X S&P 500 Tail Risk ETF (XTR) is an ETF from Global X by mirae Asset. Over the past year QQQ returned +19.78% while XTR returned +11.09%. Year to date, QQQ is up 15.21% versus a gain of 8.11% for XTR.
Over three years, QQQ compounded at +24.58% per year against +16.90% for XTR; over five years the annualized figures are +13.93% and +9.25% respectively.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 21.0% compared with 13.7% for XTR. 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 -35.1% for QQQ and -20.8% for XTR. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.92. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
QQQ charges 0.18% per year while XTR charges 0.25%. On a $10,000 position that is $18 vs $25 annually, a gap of $7 per year that compounds over a long holding period. On income, QQQ currently yields 0.44% against 16.19% for XTR.
Holdings Overlap
94.1% of QQQ's money is in holdings XTR also owns. 53.8% of XTR's money is in holdings QQQ also owns.
Most of QQQ is already inside XTR. Owning both mostly buys the same companies twice.
85 positions in common, counted across the 102 positions we hold weights for in QQQ and 494 in XTR, against full books of 107 and 506.
What only one of them owns
Our book lists 405 positions for XTR that do not appear in our book for QQQ (45.5% of the fund), and 11 for QQQ that do not appear in XTR (3.4%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in QQQ | Weight in XTR | Difference |
|---|---|---|---|
| NVDANvidia Corp | 8.44% | 8.01% | 0.43% |
| AAPLApple, Inc | 7.27% | 7.26% | 0.01% |
| MSFTMicrosoft Corp | 5.76% | 5.67% | 0.09% |
| AMZNAmazon.Com Inc | 4.67% | 3.80% | 0.87% |
| GOOGLAlphabet Inc,class A | 3.36% | 2.99% | 0.37% |
| MUMicron Technology, Inc. | 4.43% | 1.60% | 2.83% |
| AVGOBroadcom Inc | 3.16% | 2.67% | 0.49% |
| GOOGAlphabet Inc | 3.13% | 2.39% | 0.74% |
| METAMeta Platforms Inc | 2.78% | 1.94% | 0.84% |
| AMDAdvanced Micro Devices Inc | 3.45% | 1.14% | 2.31% |
94.1% of QQQ is already inside XTR.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, QQQ or XTR?
QQQ has an expense ratio of 0.18% while XTR charges 0.25%. QQQ is the cheaper option, by $7 a year on a $10,000 investment.
Which performed better, QQQ or XTR?
Over the past year QQQ returned +19.78% vs +11.09% for XTR, so QQQ leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QQQ or XTR?
QQQ has been the more volatile fund at 21.0% annualized versus 13.7% for XTR. Worst drawdown: QQQ -35.1% vs XTR -20.8%.
Should I hold both QQQ and XTR?
QQQ and XTR have a monthly-return correlation of 0.92, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between QQQ and XTR?
94.1% of QQQ's money is in holdings XTR also owns. 53.8% of XTR's is in holdings QQQ also owns. They hold 85 positions in common, counted across the 102 positions we hold weights for in QQQ and 494 in XTR.
Which pays a higher dividend, QQQ or XTR?
QQQ yields 0.44% while XTR yields 16.19%, so XTR currently pays the higher dividend yield.
Is XTR better than QQQ?
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.92. XTR is less concentrated, with 37.9% of the fund in its ten largest positions against 46.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.