QQQM vs QTR
Invesco NASDAQ 100 ETF vs Global X NASDAQ 100 Tail Risk ETF
Which is better, QQQM or QTR?
Nearly the same fund. QQQM costs less.
QQQM has a lower expense ratio. QQQM led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.98. QTR is less concentrated, with 46.4% of the fund in its ten largest positions against 46.8%.
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 | QQQM | QTR |
|---|---|---|
| Expense Ratio | 0.15%Best | 0.25% |
| AUM | $111.6B | $10M |
| Dividend Yield | 0.43% | 16.32% |
| Holdings | 327 | 105 |
| YTD Return | +19.32%Best | +12.97% |
| 1Y Return | +22.49%Best | +14.42% |
| 3Y Return (annualized) | +26.25%Best | +20.02% |
| 5Y Return (annualized) | +15.50%Best | +11.44% |
| Volatility (annualized) | 20.8% | 18.5%Best |
| Max Drawdown | -35.0% | -31.7%Best |
| $10,000 over 5 years | $20,555Best | $17,187 |
| Top 10 Weight | 46.8% | 46.4%Best |
| Fund Family | Invesco (US) | GLOBALXETFS |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | Oct 13, 2020 | Aug 25, 2021 |
Volatility and max drawdown are measured over the window both funds cover: Aug 26, 2021 to Oct 14, 2026 (5.1 years).
QQQM 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 5.1 years both funds cover.
QQQM vs QTR Performance
Invesco NASDAQ 100 ETF (QQQM) is an ETF from Invesco (US) and Global X NASDAQ 100 Tail Risk ETF (QTR) is an ETF from GLOBALXETFS. Over the past year QQQM returned +22.49% while QTR returned +14.42%. Year to date, QQQM is up 19.32% versus a gain of 12.97% for QTR.
Over three years, QQQM compounded at +26.25% per year against +20.02% for QTR; over five years the annualized figures are +15.50% and +11.44% respectively.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQM has been the more volatile fund, with annualized monthly volatility of 20.8% compared with 18.5% for QTR. 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 -35.0% for QQQM and -31.7% 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 0.98. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
QQQM charges 0.15% per year while QTR charges 0.25%. On a $10,000 position that is $15 vs $25 annually, a gap of $10 per year that compounds over a long holding period. On income, QQQM currently yields 0.43% against 16.32% for QTR.
Holdings Overlap
98.4% of QQQM's money is in holdings QTR also owns. 97.7% of QTR's money is in holdings QQQM also owns.
Most of QQQM is already inside QTR. Owning both mostly buys the same companies twice.
98 positions in common, counted across the 102 positions we hold weights for in QQQM and 101 in QTR, against full books of 327 and 105.
What only one of them owns
Our book lists 1 positions for QTR that do not appear in our book for QQQM (1.1% of the fund), and 4 for QQQM that do not appear in QTR (1.6%).
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 QQQM | Weight in QTR | Difference |
|---|---|---|---|
| NVDANvidia Corp | 8.44% | 8.35% | 0.09% |
| AAPLApple, Inc | 7.29% | 7.24% | 0.05% |
| MSFTMicrosoft Corp | 5.75% | 5.71% | 0.04% |
| MUMicron Technology, Inc. | 5.02% | 5.13% | 0.11% |
| AMDAdvanced Micro Devices Inc | 4.28% | 4.16% | 0.12% |
| AMZNAmazon.Com Inc | 4.06% | 4.02% | 0.04% |
| METAMeta Platforms Inc | 3.24% | 3.23% | 0.01% |
| GOOGLAlphabet Inc | 3.02% | 2.98% | 0.04% |
| TSLATesla Inc | 2.91% | 2.79% | 0.12% |
| GOOGAlphabet Inc. C | 2.82% | 2.78% | 0.04% |
98.4% of QQQM 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, QQQM or QTR?
QQQM has an expense ratio of 0.15% while QTR charges 0.25%. QQQM is the cheaper option, by $10 a year on a $10,000 investment.
Which performed better, QQQM or QTR?
Over the past year QQQM returned +22.49% vs +14.42% for QTR, so QQQM leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QQQM or QTR?
QQQM has been the more volatile fund at 20.8% annualized versus 18.5% for QTR. Worst drawdown: QQQM -35.0% vs QTR -31.7%.
Should I hold both QQQM and QTR?
QQQM and QTR have a monthly-return correlation of 0.98, 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 QQQM and QTR?
98.4% of QQQM's money is in holdings QTR also owns. 97.7% of QTR's is in holdings QQQM also owns. They hold 98 positions in common, counted across the 102 positions we hold weights for in QQQM and 101 in QTR.
Which pays a higher dividend, QQQM or QTR?
QQQM yields 0.43% while QTR yields 16.32%, so QTR currently pays the higher dividend yield.
Is QTR better than QQQM?
QQQM has a lower expense ratio. QQQM led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.98. QTR is less concentrated, with 46.4% of the fund in its ten largest positions against 46.8%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.