QQQ vs XTRE
Invesco QQQ Trust, Series 1 vs BondBloxx Bloomberg Three Year Target Duration US Treasury ETF
Quick Verdict
XTRE has a lower expense ratio. QQQ delivered stronger 1-year returns. QQQ offers more diversification with 103 holdings.
Side-by-Side Comparison
| Metric | QQQ | XTRE | Winner |
|---|---|---|---|
| Expense Ratio | 0.18% | 0.05% | |
| AUM | $455.8B | $164M | |
| Dividend Yield | 0.41% | 3.94% | |
| Holdings | 108 | 75 | |
| YTD Return | +18.31% | -0.04% | |
| 1Y Return | +25.37% | +1.84% | |
| 3Y Return (annualized) | +25.79% | +4.05% | |
| 5Y Return (annualized) | +15.20% | - | |
| Volatility (annualized) | 30.6% | 3.0% | |
| Max Drawdown | -83.0% | -2.9% | |
| Fund Family | Invesco (US) | BondBloxx | |
| Category | Equity | Fixed Income | |
| Inception | Mar 10, 1999 | Sep 13, 2022 |
QQQ vs XTRE Performance
Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US) and BondBloxx Bloomberg Three Year Target Duration US Treasury ETF (XTRE) is a ETF from BondBloxx. Over the past year QQQ returned +25.37% while XTRE returned +1.84%. Year to date, QQQ is up 18.31% versus a loss of 0.04% for XTRE.
Over three years, QQQ compounded at +25.79% per year against +4.05% for XTRE. Across the full 4-year window we track, QQQ has the edge at +13.10% annualized vs +3.32%. 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 3.0% for XTRE. 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 -2.9% for XTRE. 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 0.24. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
QQQ charges 0.18% per year while XTRE charges 0.05%. On a $10,000 position that is $18 vs $5 annually, a gap of $13 per year that compounds over a long holding period. On income, QQQ currently yields 0.41% against 3.94% for XTRE.
Holdings Overlap
QQQ and XTRE share 0 holdings out of 168 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, QQQ or XTRE?
QQQ has an expense ratio of 0.18% while XTRE charges 0.05%. XTRE is the cheaper option. On a $10,000 investment, that is $13 per year of difference.
Which performed better, QQQ or XTRE?
Over the past year QQQ returned +25.37% vs +1.84% for XTRE, so QQQ leads on 1-year performance. Over the longest common window we track (4 years), QQQ annualized +13.10% vs +3.32% for XTRE. Past performance does not guarantee future results.
Which is riskier, QQQ or XTRE?
QQQ has been the more volatile fund at 30.6% annualized versus 3.0% for XTRE. Worst drawdown: QQQ -83.0% vs XTRE -2.9%.
Should I hold both QQQ and XTRE?
QQQ and XTRE have a monthly-return correlation of 0.24, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between QQQ and XTRE?
QQQ and XTRE share 0 common holdings with a 0.0% weight overlap. Combined, they hold 168 unique securities.
Which pays a higher dividend, QQQ or XTRE?
QQQ yields 0.41% while XTRE yields 3.94%, so XTRE currently pays the higher dividend yield.
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