NFRX vs QQQ
Harrison Street Infrastructure Active ETF vs Invesco QQQ Trust, Series 1
Which is better, NFRX or QQQ?
Large Cap Blend against Large Cap Growth.
QQQ has a lower expense ratio. NFRX is less concentrated, with 44.8% of the fund in its ten largest positions against 46.7%.
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 | NFRX | QQQ |
|---|---|---|
| Expense Ratio | 0.80% | 0.18%Best |
| AUM | $110M | $506.1B |
| Dividend Yield | 1.39% | 0.42% |
| Holdings | 35 | 321 |
| YTD Return | +1.69% | +19.30%Best |
| 1Y Return | - | +22.47% |
| 3Y Return (annualized) | - | +26.18% |
| 5Y Return (annualized) | - | +15.42% |
| Top 10 Weight | 44.8%Best | 46.7% |
| Fund Family | Harrison Street Private Wealth LLC | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Growth |
| Inception | Jan 29, 2026 | Mar 10, 1999 |
Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window.
NFRX 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
NFRX vs QQQ Performance
Harrison Street Infrastructure Active ETF (NFRX) is an ETF from Harrison Street Private Wealth LLC and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Year to date, NFRX is up 1.69% versus a gain of 19.30% for QQQ.
Past performance does not guarantee future results.
Fees and Cost Over Time
NFRX charges 0.80% per year while QQQ charges 0.18%. On a $10,000 position that is $80 vs $18 annually, a gap of $62 per year that compounds over a long holding period. On income, NFRX currently yields 1.39% against 0.42% for QQQ.
Holdings Overlap
12.8% of NFRX's money is in holdings QQQ also owns. 1.0% of QQQ's money is in holdings NFRX also owns.
NFRX and QQQ share little of their money.
4 positions in common, counted across the 35 positions we hold weights for in NFRX and 101 in QQQ, against full books of 35 and 321.
What only one of them owns
Our book lists 90 positions for QQQ that do not appear in our book for NFRX (95.5% of the fund), and 15 for NFRX that do not appear in QQQ (49.1%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
You are not choosing between two funds in isolation.
Whichever of NFRX 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, NFRX or QQQ?
NFRX has an expense ratio of 0.80% while QQQ charges 0.18%. QQQ is the cheaper option, by $62 a year on a $10,000 investment.
What is the holdings overlap between NFRX and QQQ?
12.8% of NFRX's money is in holdings QQQ also owns. 1.0% of QQQ's is in holdings NFRX also owns. They hold 4 positions in common, counted across the 35 positions we hold weights for in NFRX and 101 in QQQ.
Which pays a higher dividend, NFRX or QQQ?
NFRX yields 1.39% while QQQ yields 0.42%, so NFRX currently pays the higher dividend yield.
Is QQQ better than NFRX?
QQQ has a lower expense ratio. NFRX is less concentrated, with 44.8% of the fund in its ten largest positions against 46.7%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.