QQQ vs ZTWO
Invesco QQQ Trust, Series 1 vs F/m 2-Year Investment Grade Corporate Bond ETF
Which is better, QQQ or ZTWO?
Large Cap Growth against Short Term Mid Quality.
ZTWO has a lower expense ratio. QQQ led over 1Y 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 | ZTWO |
|---|---|---|
| Expense Ratio | 0.18% | 0.15%Best |
| AUM | $483.5B | $18M |
| Dividend Yield | 0.44% | 4.45% |
| Holdings | 107 | 446 |
| YTD Return | +17.95%Best | +1.09% |
| 1Y Return | +21.77%Best | +2.29% |
| 3Y Return (annualized) | +25.63% | - |
| 5Y Return (annualized) | +15.24% | - |
| Volatility (annualized) | 17.2% | 1.5%Best |
| Max Drawdown | -22.8% | -0.9%Best |
| $10,000 over 2.7 years | $17,918Best | $11,204 |
| Fund Family | Invesco (US) | F-m investments |
| Category | Equity | Fixed Income |
| Style | Large Cap Growth | Short Term Mid Quality |
| Inception | Mar 10, 1999 | Jan 10, 2024 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.7 years row, are measured over the window both funds cover: Jan 11, 2024 to Sep 18, 2026 (2.7 years).
QQQ vs ZTWO 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 2.7 years both funds cover.
QQQ vs ZTWO Performance
Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US) and F/m 2-Year Investment Grade Corporate Bond ETF (ZTWO) is an ETF from F-m investments. Over the past year QQQ returned +21.77% while ZTWO returned +2.29%. Year to date, QQQ is up 17.95% versus a gain of 1.09% for ZTWO.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 17.2% compared with 1.5% for ZTWO. 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 -22.8% for QQQ and -0.9% for ZTWO. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.17. They move largely independently of each other.
Fees and Cost Over Time
QQQ charges 0.18% per year while ZTWO 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 4.45% for ZTWO.
Holdings Overlap
We hold position weights for 102 holdings in QQQ and 356 in ZTWO, totalling 99.9% and 79.3% 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 356 in ZTWO, against full books of 107 and 446.
You are not choosing between two funds in isolation.
Whichever of QQQ and ZTWO 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 ZTWO?
QQQ has an expense ratio of 0.18% while ZTWO charges 0.15%. ZTWO is the cheaper option, by $3 a year on a $10,000 investment.
Which performed better, QQQ or ZTWO?
Over the past year QQQ returned +21.77% vs +2.29% for ZTWO, 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 ZTWO?
QQQ has been the more volatile fund at 17.2% annualized versus 1.5% for ZTWO. Worst drawdown: QQQ -22.8% vs ZTWO -0.9%.
Should I hold both QQQ and ZTWO?
QQQ and ZTWO have a monthly-return correlation of 0.17, 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 ZTWO?
QQQ yields 0.44% while ZTWO yields 4.45%, so ZTWO currently pays the higher dividend yield.
Is ZTWO better than QQQ?
ZTWO has a lower expense ratio. QQQ led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.