QQQ vs TXXI
QQQ vs TXXI
Invesco QQQ Trust, Series 1 vs BondBloxx IR+M Tax-Aware Intermediate Duration ETF
Quick Verdict
QQQ has a lower expense ratio. QQQ delivered stronger 1-year returns. QQQ offers more diversification with 103 holdings.
Side-by-Side Comparison
| Metric | QQQ | TXXI | Winner |
|---|---|---|---|
| Expense Ratio | 0.18% | 0.35% | |
| AUM | $455.8B | $35M | |
| Dividend Yield | 0.41% | 3.48% | |
| Holdings | 108 | 149 | |
| YTD Return | +18.20% | +0.78% | |
| 1Y Return | +27.63% | +4.96% | |
| 3Y Return (annualized) | +25.54% | - | |
| 5Y Return (annualized) | +15.12% | - | |
| Volatility (annualized) | 30.6% | 3.4% | |
| Max Drawdown | -83.0% | -3.1% | |
| Fund Family | Invesco (US) | BondBloxx | |
| Category | Equity | Tax Preferred | |
| Inception | Mar 10, 1999 | Mar 13, 2025 |
QQQ vs TXXI Performance
Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US) and BondBloxx IR+M Tax-Aware Intermediate Duration ETF (TXXI) is a ETF from BondBloxx. Over the past year QQQ returned +27.63% while TXXI returned +4.96%. Year to date, QQQ is up 18.20% versus a gain of 0.78% for TXXI.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% compared with 3.4% for TXXI. 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 -3.1% for TXXI. 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 0.48. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
QQQ charges 0.18% per year while TXXI charges 0.35%. On a $10,000 position that is $18 vs $35 annually, a gap of $17 per year that compounds over a long holding period. On income, QQQ currently yields 0.41% against 3.48% for TXXI.
Holdings Overlap
QQQ and TXXI share 0 holdings out of 189 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 TXXI?
QQQ has an expense ratio of 0.18% while TXXI charges 0.35%. QQQ is the cheaper option. On a $10,000 investment, that is $17 per year of difference.
Which performed better, QQQ or TXXI?
Over the past year QQQ returned +27.63% vs +4.96% for TXXI, so QQQ leads on 1-year performance. Over the longest common window we track (1 years), QQQ annualized +13.11% vs +3.66% for TXXI. Past performance does not guarantee future results.
Which is riskier, QQQ or TXXI?
QQQ has been the more volatile fund at 30.6% annualized versus 3.4% for TXXI. Worst drawdown: QQQ -83.0% vs TXXI -3.1%.
Should I hold both QQQ and TXXI?
QQQ and TXXI have a monthly-return correlation of 0.48, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between QQQ and TXXI?
QQQ and TXXI share 0 common holdings with a 0.0% weight overlap. Combined, they hold 189 unique securities.
Which pays a higher dividend, QQQ or TXXI?
QQQ yields 0.41% while TXXI yields 3.48%, so TXXI currently pays the higher dividend yield.
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