QQQ vs TCPB
QQQ vs TCPB
Invesco QQQ Trust, Series 1 vs Thrivent Core Plus Bond ETF
Quick Verdict
QQQ has a lower expense ratio. QQQ delivered stronger 1-year returns. TCPB offers more diversification with 245 holdings.
Side-by-Side Comparison
| Metric | QQQ | TCPB | Winner |
|---|---|---|---|
| Expense Ratio | 0.18% | 0.39% | |
| AUM | $455.8B | $470M | |
| Dividend Yield | 0.41% | 5.16% | |
| Holdings | 108 | 462 | |
| YTD Return | +18.20% | +0.27% | |
| 1Y Return | +27.63% | +3.06% | |
| 3Y Return (annualized) | +25.54% | - | |
| 5Y Return (annualized) | +15.12% | - | |
| Volatility (annualized) | 30.6% | 3.3% | |
| Max Drawdown | -83.0% | -2.7% | |
| Fund Family | Invesco (US) | Thrivent Funds | |
| Category | Equity | Fixed Income | |
| Inception | Mar 10, 1999 | Feb 19, 2025 |
QQQ vs TCPB Performance
Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US) and Thrivent Core Plus Bond ETF (TCPB) is a ETF from Thrivent Funds. Over the past year QQQ returned +27.63% while TCPB returned +3.06%. Year to date, QQQ is up 18.20% versus a gain of 0.27% for TCPB.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% compared with 3.3% for TCPB. 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 -2.7% for TCPB. 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 0.28. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
QQQ charges 0.18% per year while TCPB charges 0.39%. On a $10,000 position that is $18 vs $39 annually, a gap of $21 per year that compounds over a long holding period. On income, QQQ currently yields 0.41% against 5.16% for TCPB.
Holdings Overlap
QQQ and TCPB share 0 holdings out of 348 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 TCPB?
QQQ has an expense ratio of 0.18% while TCPB charges 0.39%. QQQ is the cheaper option. On a $10,000 investment, that is $21 per year of difference.
Which performed better, QQQ or TCPB?
Over the past year QQQ returned +27.63% vs +3.06% for TCPB, so QQQ leads on 1-year performance. Over the longest common window we track (2 years), QQQ annualized +13.11% vs +4.47% for TCPB. Past performance does not guarantee future results.
Which is riskier, QQQ or TCPB?
QQQ has been the more volatile fund at 30.6% annualized versus 3.3% for TCPB. Worst drawdown: QQQ -83.0% vs TCPB -2.7%.
Should I hold both QQQ and TCPB?
QQQ and TCPB have a monthly-return correlation of 0.28, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between QQQ and TCPB?
QQQ and TCPB share 0 common holdings with a 0.0% weight overlap. Combined, they hold 348 unique securities.
Which pays a higher dividend, QQQ or TCPB?
QQQ yields 0.41% while TCPB yields 5.16%, so TCPB currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.