FLXR vs QQQ
TCW Flexible Income ETF vs Invesco QQQ Trust, Series 1
Which is better, FLXR or QQQ?
Intermediate Term Bond against Large Cap Growth.
QQQ has a lower expense ratio. QQQ led over 1Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | FLXR | QQQ |
|---|---|---|
| Expense Ratio | 0.40% | 0.18%Best |
| AUM | - | $498.6B |
| Dividend Yield | 6.01% | 0.42% |
| Holdings | 1,602 | 321 |
| YTD Return | +0.14% | +21.69%Best |
| 1Y Return | +1.20% | +24.10%Best |
| 3Y Return (annualized) | - | +27.05% |
| 5Y Return (annualized) | - | +16.31% |
| Volatility (annualized) | 3.3%Best | 17.3% |
| Max Drawdown | -2.3%Best | -22.8% |
| $10,000 over 2.3 years | $11,362 | $15,862Best |
| Fund Family | TCW ETFs | Invesco (US) |
| Category | Fixed Income | Equity |
| Style | Intermediate Term Bond | Large Cap Growth |
| Inception | Jun 24, 2024 | Mar 10, 1999 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.3 years row, are measured over the window both funds cover: Jun 24, 2024 to Oct 13, 2026 (2.3 years).
FLXR vs QQQ growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 2.3 years both funds cover.
FLXR vs QQQ Performance
TCW Flexible Income ETF (FLXR) is an ETF from TCW ETFs and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year FLXR returned +1.20% while QQQ returned +24.10%. Year to date, FLXR is up 0.14% versus a gain of 21.69% for QQQ.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 17.3% compared with 3.3% for FLXR. 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 -2.3% for FLXR and -22.8% for QQQ. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.13. They move largely independently of each other.
Fees and Cost Over Time
FLXR charges 0.40% per year while QQQ charges 0.18%. On a $10,000 position that is $40 vs $18 annually, a gap of $22 per year that compounds over a long holding period. On income, FLXR currently yields 6.01% against 0.42% for QQQ.
Holdings Overlap
At least 4.4% of QQQ's money is in holdings FLXR also owns.
Stated as a floor: for FLXR, our book for it covers 13.7% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
QQQ and FLXR share little of their money.
1 positions in common, counted across the 54 positions we hold weights for in FLXR and 102 in QQQ, against full books of 1,602 and 321.
Top Shared Holdings
| Stock | Weight in FLXR | Weight in QQQ | Difference |
|---|---|---|---|
| AMZNAmazon.Com Inc | 0.08% | 4.41% | 4.33% |
You are not choosing between two funds in isolation.
Whichever of FLXR and QQQ you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, FLXR or QQQ?
FLXR has an expense ratio of 0.40% while QQQ charges 0.18%. QQQ is the cheaper option, by $22 a year on a $10,000 investment.
Which performed better, FLXR or QQQ?
Over the past year FLXR returned +1.20% vs +24.10% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (2 years), FLXR annualized +5.71% vs +22.21% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, FLXR or QQQ?
QQQ has been the more volatile fund at 17.3% annualized versus 3.3% for FLXR. Worst drawdown: FLXR -2.3% vs QQQ -22.8%.
Should I hold both FLXR and QQQ?
FLXR and QQQ have a monthly-return correlation of 0.13, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between FLXR and QQQ?
At least 4.4% of QQQ's money is in holdings FLXR also owns. Our book for FLXR is partial, so the real figure is this or higher. They hold 1 positions in common, counted across the 54 positions we hold weights for in FLXR and 102 in QQQ.
Which pays a higher dividend, FLXR or QQQ?
FLXR yields 6.01% while QQQ yields 0.42%, so FLXR currently pays the higher dividend yield.
Is QQQ better than FLXR?
QQQ has a lower expense ratio. QQQ led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.