QQQ vs TNXT

Quick Verdict

QQQ has a lower expense ratio. TNXT offers more diversification with 162 holdings.

Lower Fees: QQQHigher Returns: TiedMore Diversified: TNXT

Side-by-Side Comparison

MetricQQQTNXTWinner
Expense Ratio0.18%0.49%
AUM$455.8B$17M
Dividend Yield0.41%0.00%
Holdings108347
YTD Return+14.45%+10.73%
1Y Return+24.70%-
3Y Return (annualized)+24.19%-
5Y Return (annualized)+14.49%-
Volatility (annualized)30.6%-
Max Drawdown-83.0%-13.0%
Fund FamilyInvesco (US)T.Rowe Price
CategoryEquityEquity
InceptionMar 10, 1999Jan 28, 2026

QQQ vs TNXT Performance

Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US) and T. Rowe Price Innovation Leaders ETF (TNXT) is a ETF from T.Rowe Price. Year to date, QQQ is up 14.45% versus a gain of 10.73% for TNXT.

Risk: Volatility and Drawdowns

The deepest peak-to-trough decline in our data was -83.0% for QQQ and -13.0% for TNXT. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

Fees and Cost Over Time

QQQ charges 0.18% per year while TNXT charges 0.49%. On a $10,000 position that is $18 vs $49 annually, a gap of $31 per year that compounds over a long holding period. On income, QQQ currently yields 0.41% against 0.00% for TNXT.

Holdings Overlap

0.0%overlap

QQQ and TNXT share 0 holdings out of 265 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 TNXT?

QQQ has an expense ratio of 0.18% while TNXT charges 0.49%. QQQ is the cheaper option. On a $10,000 investment, that is $31 per year of difference.

What is the holdings overlap between QQQ and TNXT?

QQQ and TNXT share 0 common holdings with a 0.0% weight overlap. Combined, they hold 265 unique securities.

Which pays a higher dividend, QQQ or TNXT?

QQQ yields 0.41% while TNXT yields 0.00%, so QQQ currently pays the higher dividend yield.

Get Full ETF Analytics

Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.

See inside every ETF you own
$29/moCancel anytime.
Try FundXLS →