QQQ vs TMVE
Invesco QQQ Trust, Series 1 vs Thrivent Mid Cap Value ETF
Which is better, QQQ or TMVE?
Large Cap Growth against Mid Cap Value.
QQQ has a lower expense ratio. QQQ led over 1Y. TMVE is less concentrated, with 19.1% 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 | QQQ | TMVE |
|---|---|---|
| Expense Ratio | 0.18%Best | 0.55% |
| AUM | $506.1B | $284M |
| Dividend Yield | 0.42% | 0.11% |
| Holdings | 321 | 85 |
| YTD Return | +19.30%Best | +11.77% |
| 1Y Return | +22.47%Best | +19.91% |
| 3Y Return (annualized) | +26.18% | - |
| 5Y Return (annualized) | +15.42% | - |
| Top 10 Weight | 46.7% | 19.1%Best |
| Fund Family | Invesco (US) | Thrivent Funds |
| Category | Equity | Equity |
| Style | Large Cap Growth | Mid Cap Value |
| Inception | Mar 10, 1999 | Nov 17, 2025 |
Not shown on this pair: Volatility (annualized), Max Drawdown, $10,000 over the window.
QQQ vs TMVE 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.
QQQ vs TMVE Performance
Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US) and Thrivent Mid Cap Value ETF (TMVE) is an ETF from Thrivent Funds. Over the past year QQQ returned +22.47% while TMVE returned +19.91%. Year to date, QQQ is up 19.30% versus a gain of 11.77% for TMVE.
Past performance does not guarantee future results.
Fees and Cost Over Time
QQQ charges 0.18% per year while TMVE charges 0.55%. On a $10,000 position that is $18 vs $55 annually, a gap of $37 per year that compounds over a long holding period. On income, QQQ currently yields 0.42% against 0.11% for TMVE.
Holdings Overlap
3.1% of QQQ's money is in holdings TMVE also owns. 7.9% of TMVE's money is in holdings QQQ also owns.
TMVE and QQQ share little of their money.
7 positions in common, counted across the 101 positions we hold weights for in QQQ and 84 in TMVE, against full books of 321 and 85.
What only one of them owns
Our book lists 68 positions for TMVE that do not appear in our book for QQQ (81.9% of the fund), and 86 for QQQ that do not appear in TMVE (93.2%).
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 QQQ | Weight in TMVE | Difference |
|---|---|---|---|
| QCOMQualcomm Inc. | 0.81% | 1.35% | 0.54% |
| SNPSSynopsys | 0.35% | 1.53% | 1.18% |
| CEGConstellation Energy Corporation Com | 0.38% | 1.34% | 0.96% |
| CSXCsx Corp. | 0.36% | 1.00% | 0.64% |
| WDCWestern Digital Corp. | 0.68% | 0.63% | 0.05% |
| MDLZMondelez International Inc Com A Npv | 0.31% | 0.97% | 0.66% |
| FANGDiamondback Energy Inc - Common | 0.21% | 1.07% | 0.86% |
You are not choosing between two funds in isolation.
Whichever of QQQ and TMVE 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, QQQ or TMVE?
QQQ has an expense ratio of 0.18% while TMVE charges 0.55%. QQQ is the cheaper option, by $37 a year on a $10,000 investment.
Which performed better, QQQ or TMVE?
Over the past year QQQ returned +22.47% vs +19.91% for TMVE, so QQQ leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
What is the holdings overlap between QQQ and TMVE?
7.9% of TMVE's money is in holdings QQQ also owns. 7.9% of TMVE's is in holdings QQQ also owns. They hold 7 positions in common, counted across the 101 positions we hold weights for in QQQ and 84 in TMVE.
Which pays a higher dividend, QQQ or TMVE?
QQQ yields 0.42% while TMVE yields 0.11%, so QQQ currently pays the higher dividend yield.
Is TMVE better than QQQ?
QQQ has a lower expense ratio. QQQ led over 1Y. TMVE is less concentrated, with 19.1% 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.