QQQ vs TILT
QQQ vs TILT
Invesco QQQ Trust, Series 1 vs FlexShares Morningstar US Market Factor Tilt Index Fund
Quick Verdict
QQQ has a lower expense ratio. QQQ delivered stronger 1-year returns. TILT offers more diversification with 1925 holdings.
Side-by-Side Comparison
| Metric | QQQ | TILT | Winner |
|---|---|---|---|
| Expense Ratio | 0.18% | 0.25% | |
| AUM | $455.8B | $2.2B | |
| Dividend Yield | 0.41% | 1.08% | |
| Holdings | 108 | 1,946 | |
| YTD Return | +12.48% | +10.97% | |
| 1Y Return | +22.35% | +21.61% | |
| 3Y Return (annualized) | +22.30% | +17.62% | |
| 5Y Return (annualized) | +14.24% | +11.45% | |
| Volatility (annualized) | 30.6% | 15.6% | |
| Max Drawdown | -83.0% | -38.5% | |
| Fund Family | Invesco (US) | Flexshares Trust | |
| Category | Equity | Equity | |
| Inception | Mar 10, 1999 | Sep 16, 2011 |
QQQ vs TILT Performance
Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US) and FlexShares Morningstar US Market Factor Tilt Index Fund (TILT) is a ETF from Flexshares Trust. Over the past year QQQ returned +22.35% while TILT returned +21.61%. Year to date, QQQ is up 12.48% versus a gain of 10.97% for TILT.
Over three years, QQQ compounded at +22.30% per year against +17.62% for TILT; over five years the annualized figures are +14.24% and +11.45% respectively. Across the full 15-year window we track, TILT has the edge at +14.43% annualized vs +12.91%. 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 15.6% for TILT. 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 -38.5% for TILT. 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 0.85. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
QQQ charges 0.18% per year while TILT 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 0.41% against 1.08% for TILT.
Holdings Overlap
QQQ and TILT share 93 holdings out of 1935 unique holdings combined, representing a 36.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in QQQ | Weight in TILT | Difference |
|---|---|---|---|
| NVDA | 7.88% | 5.09% | 2.79% |
| AAPL | 7.46% | 4.27% | 3.19% |
| MSFT | 4.65% | 3.38% | 1.27% |
| AMZN | Pro | Pro | Pro |
| GOOGL | Pro | Pro | Pro |
| MU | Pro | Pro | Pro |
| AVGO | Pro | Pro | Pro |
| GOOG | Pro | Pro | Pro |
| META | Pro | Pro | Pro |
| TSLA | Pro | Pro | Pro |
See all 10 holdings QQQ shares with TILT Exact weights in each fund and the difference, for every overlapping position. Get FundXLS Pro: $29/moFirst 500 subscribers, then $49/mo. Cancel anytime. | |||
Frequently Asked Questions
Which is cheaper, QQQ or TILT?
QQQ has an expense ratio of 0.18% while TILT charges 0.25%. QQQ is the cheaper option. On a $10,000 investment, that is $7 per year of difference.
Which performed better, QQQ or TILT?
Over the past year QQQ returned +22.35% vs +21.61% for TILT, so QQQ leads on 1-year performance. Over the longest common window we track (15 years), QQQ annualized +12.91% vs +14.43% for TILT. Past performance does not guarantee future results.
Which is riskier, QQQ or TILT?
QQQ has been the more volatile fund at 30.6% annualized versus 15.6% for TILT. Worst drawdown: QQQ -83.0% vs TILT -38.5%.
Should I hold both QQQ and TILT?
QQQ and TILT have a monthly-return correlation of 0.85, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between QQQ and TILT?
QQQ and TILT share 93 common holdings with a 36.0% weight overlap. Combined, they hold 1935 unique securities.
Which pays a higher dividend, QQQ or TILT?
QQQ yields 0.41% while TILT yields 1.08%, so TILT currently pays the higher dividend yield.
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