QNXT vs QTR
iShares Nasdaq-100 ex Top 30 ETF vs Global X NASDAQ 100 Tail Risk ETF
Which is better, QNXT or QTR?
QTR has been ahead.
QNXT has a lower expense ratio. QTR led over 1Y and the full window. QNXT is less concentrated, with 30.2% of the fund in its ten largest positions against 46.4%.
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 | QNXT | QTR |
|---|---|---|
| Expense Ratio | 0.20%Best | 0.25% |
| AUM | $28M | $10M |
| Dividend Yield | 0.71% | 16.32% |
| Holdings | 73 | 105 |
| YTD Return | +11.95% | +12.97%Best |
| 1Y Return | +11.64% | +14.42%Best |
| 3Y Return (annualized) | - | +20.02% |
| 5Y Return (annualized) | - | +11.44% |
| Volatility (annualized) | 15.5%Best | 17.6% |
| Max Drawdown | -22.1% | -19.0%Best |
| $10,000 over 2 years | $12,638 | $13,440Best |
| Top 10 Weight | 30.2%Best | 46.4% |
| Fund Family | iShares by BlackRock (US) | GLOBALXETFS |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | Oct 23, 2024 | Aug 25, 2021 |
Volatility and max drawdown, and the $10,000 over 2 years row, are measured over the window both funds cover: Oct 24, 2024 to Oct 14, 2026 (2 years).
QNXT vs QTR 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 years both funds cover.
QNXT vs QTR Performance
iShares Nasdaq-100 ex Top 30 ETF (QNXT) is an ETF from iShares by BlackRock (US) and Global X NASDAQ 100 Tail Risk ETF (QTR) is an ETF from GLOBALXETFS. Over the past year QNXT returned +11.64% while QTR returned +14.42%. Year to date, QNXT is up 11.95% versus a gain of 12.97% for QTR.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QTR has been the more volatile fund, with annualized monthly volatility of 17.6% compared with 15.5% for QNXT. 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 -22.1% for QNXT and -19.0% for QTR. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.83. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
QNXT charges 0.20% per year while QTR charges 0.25%. On a $10,000 position that is $20 vs $25 annually, a gap of $5 per year that compounds over a long holding period. On income, QNXT currently yields 0.71% against 16.32% for QTR.
Holdings Overlap
96.7% of QNXT's money is in holdings QTR also owns. 21.6% of QTR's money is in holdings QNXT also owns.
Most of QNXT is already inside QTR. Owning both mostly buys the same companies twice.
69 positions in common, counted across the 71 positions we hold weights for in QNXT and 101 in QTR, against full books of 73 and 105.
What only one of them owns
Our book lists 31 positions for QTR that do not appear in our book for QNXT (76.9% of the fund), and 1 for QNXT that do not appear in QTR (0.1%).
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.
Top Shared Holdings
| Stock | Weight in QNXT | Weight in QTR | Difference |
|---|---|---|---|
| ADIAnalog Devices, Inc. | 3.66% | 0.80% | 2.86% |
| QCOMQualcomm Inc. | 3.57% | 0.79% | 2.78% |
| GILDGilead Sciences | 3.41% | 0.75% | 2.66% |
| SHOP:CAShopify Inc | 3.36% | 0.74% | 2.62% |
| WDCWestern Digital Corp. | 3.11% | 0.68% | 2.43% |
| ISRGIntuitive Surgical Inc. | 2.65% | 0.60% | 2.05% |
| FTNTFortinet Inc | 2.45% | 0.54% | 1.91% |
| VRTXNvaesrtex Pharmaceuticals Inc | 2.40% | 0.53% | 1.87% |
| ARMArm Holdings Plc Adr | 2.38% | 0.53% | 1.85% |
| BKNGBooking Holdings, Inc. | 2.25% | 0.49% | 1.76% |
96.7% of QNXT is already inside QTR.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, QNXT or QTR?
QNXT has an expense ratio of 0.20% while QTR charges 0.25%. QNXT is the cheaper option, by $5 a year on a $10,000 investment.
Which performed better, QNXT or QTR?
Over the past year QNXT returned +11.64% vs +14.42% for QTR, so QTR leads on 1-year performance. Over the longest common window we track (2 years), QNXT annualized +12.42% vs +15.93% for QTR. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QNXT or QTR?
QTR has been the more volatile fund at 17.6% annualized versus 15.5% for QNXT. Worst drawdown: QNXT -22.1% vs QTR -19.0%.
Should I hold both QNXT and QTR?
QNXT and QTR have a monthly-return correlation of 0.83, 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 QNXT and QTR?
96.7% of QNXT's money is in holdings QTR also owns. 21.6% of QTR's is in holdings QNXT also owns. They hold 69 positions in common, counted across the 71 positions we hold weights for in QNXT and 101 in QTR.
Which pays a higher dividend, QNXT or QTR?
QNXT yields 0.71% while QTR yields 16.32%, so QTR currently pays the higher dividend yield.
Is QTR better than QNXT?
QNXT has a lower expense ratio. QTR led over 1Y and the full window. QNXT is less concentrated, with 30.2% of the fund in its ten largest positions against 46.4%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.