QQQ vs TURF

Quick Verdict

QQQ has a lower expense ratio. TURF delivered stronger 1-year returns. TURF offers more diversification with 162 holdings.

Lower Fees: QQQHigher Returns: TURFMore Diversified: TURF

Side-by-Side Comparison

MetricQQQTURFWinner
Expense Ratio0.18%0.44%
AUM$455.8B-
Dividend Yield0.41%-
Holdings108347
YTD Return+18.20%+13.37%
1Y Return+27.63%+33.10%
3Y Return (annualized)+25.54%-
5Y Return (annualized)+15.12%-
Volatility (annualized)30.6%17.9%
Max Drawdown-83.0%-13.2%
Fund FamilyInvesco (US)T.Rowe Price
CategoryEquityEquity
InceptionMar 10, 1999Jun 11, 2025

QQQ vs TURF Performance

Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US) and T. Rowe Price Natural Resources ETF (TURF) is a ETF from T.Rowe Price. Over the past year QQQ returned +27.63% while TURF returned +33.10%. Year to date, QQQ is up 18.20% versus a gain of 13.37% for TURF.

Risk: Volatility and Drawdowns

QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% compared with 17.9% for TURF. 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 -13.2% for TURF. 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 -0.26. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

QQQ charges 0.18% per year while TURF charges 0.44%. On a $10,000 position that is $18 vs $44 annually, a gap of $26 per year that compounds over a long holding period.

Holdings Overlap

0.0%overlap

QQQ and TURF 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 TURF?

QQQ has an expense ratio of 0.18% while TURF charges 0.44%. QQQ is the cheaper option. On a $10,000 investment, that is $26 per year of difference.

Which performed better, QQQ or TURF?

Over the past year QQQ returned +27.63% vs +33.10% for TURF, so TURF leads on 1-year performance. Over the longest common window we track (1 years), QQQ annualized +13.11% vs +29.43% for TURF. Past performance does not guarantee future results.

Which is riskier, QQQ or TURF?

QQQ has been the more volatile fund at 30.6% annualized versus 17.9% for TURF. Worst drawdown: QQQ -83.0% vs TURF -13.2%.

Should I hold both QQQ and TURF?

QQQ and TURF have a monthly-return correlation of -0.26, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between QQQ and TURF?

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

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