QQA vs TEC
Invesco QQQ Income Advantage ETF vs Harbor Transformative Technologies ETF
Which is better, QQA or TEC?
Nearly the same fund. QQA costs less.
QQA has a lower expense ratio. TEC led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.97. QQA is less concentrated, with 51.9% of the fund in its ten largest positions against 52.5%.
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 | QQA | TEC |
|---|---|---|
| Expense Ratio | 0.29%Best | 0.69% |
| AUM | $899M | $7M |
| Dividend Yield | 9.92% | 0.00% |
| Holdings | 246 | 88 |
| YTD Return | +17.36% | +24.69%Best |
| 1Y Return | +20.59% | +24.84%Best |
| Volatility (annualized) | 12.8%Best | 21.4% |
| Max Drawdown | -8.8%Best | -17.5% |
| $10,000 over 1.5 years | $15,399 | $18,124Best |
| Top 10 Weight | 51.9%Best | 52.5% |
| Fund Family | Invesco (US) | Harbor Funds |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | Jul 17, 2024 | Apr 16, 2025 |
Not shown on this pair: 3Y Return (annualized), 5Y Return (annualized).
Volatility and max drawdown, and the $10,000 over 1.5 years row, are measured over the window both funds cover: Apr 17, 2025 to Oct 13, 2026 (1.5 years).
QQA vs TEC 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 1.5 years both funds cover.
QQA vs TEC Performance
Invesco QQQ Income Advantage ETF (QQA) is an ETF from Invesco (US) and Harbor Transformative Technologies ETF (TEC) is an ETF from Harbor Funds. Over the past year QQA returned +20.59% while TEC returned +24.84%. Year to date, QQA is up 17.36% versus a gain of 24.69% for TEC.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
TEC has been the more volatile fund, with annualized monthly volatility of 21.4% compared with 12.8% for QQA. 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 -8.8% for QQA and -17.5% for TEC. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.97. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
QQA charges 0.29% per year while TEC charges 0.69%. On a $10,000 position that is $29 vs $69 annually, a gap of $40 per year that compounds over a long holding period. On income, QQA currently yields 9.92% against 0.00% for TEC.
Holdings Overlap
46.5% of QQA's money is in holdings TEC also owns. 73.4% of TEC's money is in holdings QQA also owns.
Most of TEC is already inside QQA. Owning both mostly buys the same companies twice.
26 positions in common, counted across the 108 positions we hold weights for in QQA and 44 in TEC, against full books of 246 and 88.
What only one of them owns
Our book lists 14 positions for TEC that do not appear in our book for QQA (18.4% of the fund), and 76 for QQA that do not appear in TEC (48.3%).
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 QQA | Weight in TEC | Difference |
|---|---|---|---|
| AAPLApple, Inc | 6.04% | 8.46% | 2.42% |
| NVDANvidia Corp | 6.55% | 6.86% | 0.31% |
| MSFTMicrosoft Corp | 4.56% | 6.03% | 1.47% |
| AMZNAmazon.Com Inc | 3.42% | 5.45% | 2.03% |
| GOOGLAlphabet Inc,class A | 2.44% | 5.82% | 3.38% |
| AMDAdvanced Micro Devices Inc | 2.88% | 4.57% | 1.69% |
| AVGOBroadcom Inc | 2.12% | 4.70% | 2.58% |
| MUMicron Technology, Inc. | 3.76% | 2.88% | 0.88% |
| METAMeta Platforms Inc | 2.37% | 3.01% | 0.64% |
| LRCXLrcx Uw Equity | 1.27% | 4.03% | 2.76% |
73.4% of TEC is already inside QQA.
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, QQA or TEC?
QQA has an expense ratio of 0.29% while TEC charges 0.69%. QQA is the cheaper option, by $40 a year on a $10,000 investment.
Which performed better, QQA or TEC?
Over the past year QQA returned +20.59% vs +24.84% for TEC, so TEC leads on 1-year performance. Over the longest common window we track (2 years), QQA annualized +33.35% vs +48.65% for TEC. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QQA or TEC?
TEC has been the more volatile fund at 21.4% annualized versus 12.8% for QQA. Worst drawdown: QQA -8.8% vs TEC -17.5%.
Should I hold both QQA and TEC?
QQA and TEC have a monthly-return correlation of 0.97, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between QQA and TEC?
73.4% of TEC's money is in holdings QQA also owns. 73.4% of TEC's is in holdings QQA also owns. They hold 26 positions in common, counted across the 108 positions we hold weights for in QQA and 44 in TEC.
Which pays a higher dividend, QQA or TEC?
QQA yields 9.92% while TEC yields 0.00%, so QQA currently pays the higher dividend yield.
Is TEC better than QQA?
QQA has a lower expense ratio. TEC led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.97. QQA is less concentrated, with 51.9% of the fund in its ten largest positions against 52.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.