QTR vs TEC
Global X NASDAQ 100 Tail Risk ETF vs Harbor Transformative Technologies ETF
Which is better, QTR or TEC?
Nearly the same fund. QTR costs less.
QTR has a lower expense ratio. TEC led over 1Y 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 50.9%.
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 | QTR | TEC |
|---|---|---|
| Expense Ratio | 0.25%Best | 0.69% |
| AUM | $10M | $7M |
| Dividend Yield | 16.32% | 0.00% |
| Holdings | 105 | 88 |
| YTD Return | +12.97% | +20.68%Best |
| 1Y Return | +14.42% | +22.30%Best |
| 3Y Return (annualized) | +20.02% | - |
| 5Y Return (annualized) | +11.44% | - |
| Volatility (annualized) | 18.2%Best | 21.8% |
| Max Drawdown | -12.3%Best | -17.5% |
| $10,000 over 1.5 years | $14,795 | $17,518Best |
| Top 10 Weight | 46.4%Best | 50.9% |
| Fund Family | GLOBALXETFS | Harbor Funds |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | Aug 25, 2021 | Apr 16, 2025 |
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 14, 2026 (1.5 years).
QTR 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.
QTR vs TEC Performance
Global X NASDAQ 100 Tail Risk ETF (QTR) is an ETF from GLOBALXETFS and Harbor Transformative Technologies ETF (TEC) is an ETF from Harbor Funds. Over the past year QTR returned +14.42% while TEC returned +22.30%. Year to date, QTR is up 12.97% versus a gain of 20.68% 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 21.8% compared with 18.2% 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 -12.3% for QTR 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 0.98. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
QTR charges 0.25% per year while TEC charges 0.69%. On a $10,000 position that is $25 vs $69 annually, a gap of $44 per year that compounds over a long holding period. On income, QTR currently yields 16.32% against 0.00% for TEC.
Holdings Overlap
61.6% of QTR's money is in holdings TEC also owns. 75.2% of TEC's money is in holdings QTR also owns.
Most of TEC is already inside QTR. Owning both mostly buys the same companies twice.
27 positions in common, counted across the 101 positions we hold weights for in QTR and 44 in TEC, against full books of 105 and 88.
What only one of them owns
Our book lists 14 positions for TEC that do not appear in our book for QTR (18.5% of the fund), and 69 for QTR that do not appear in TEC (36.6%).
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 QTR | Weight in TEC | Difference |
|---|---|---|---|
| NVDANvidia Corp | 8.35% | 6.86% | 1.49% |
| AAPLApple, Inc | 7.24% | 7.92% | 0.68% |
| MSFTMicrosoft Corp | 5.71% | 5.88% | 0.17% |
| AMDAdvanced Micro Devices Inc | 4.16% | 5.24% | 1.08% |
| AMZNAmazon.Com Inc | 4.02% | 4.98% | 0.96% |
| GOOGLAlphabet Inc | 2.98% | 5.50% | 2.52% |
| MUMicron Technology, Inc. | 5.13% | 3.34% | 1.79% |
| METAMeta Platforms Inc | 3.23% | 3.15% | 0.08% |
| LRCXLrcx Uw Equity | 1.76% | 4.38% | 2.62% |
| AVGOBroadcom Inc | 2.45% | 3.35% | 0.90% |
75.2% of TEC 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, QTR or TEC?
QTR has an expense ratio of 0.25% while TEC charges 0.69%. QTR is the cheaper option, by $44 a year on a $10,000 investment.
Which performed better, QTR or TEC?
Over the past year QTR returned +14.42% vs +22.30% for TEC, so TEC leads on 1-year performance. Over the longest common window we track (2 years), QTR annualized +29.84% vs +45.32% for TEC. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QTR or TEC?
TEC has been the more volatile fund at 21.8% annualized versus 18.2% for QTR. Worst drawdown: QTR -12.3% vs TEC -17.5%.
Should I hold both QTR and TEC?
QTR and TEC 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 QTR and TEC?
75.2% of TEC's money is in holdings QTR also owns. 75.2% of TEC's is in holdings QTR also owns. They hold 27 positions in common, counted across the 101 positions we hold weights for in QTR and 44 in TEC.
Which pays a higher dividend, QTR or TEC?
QTR yields 16.32% while TEC yields 0.00%, so QTR currently pays the higher dividend yield.
Is TEC better than QTR?
QTR has a lower expense ratio. TEC led over 1Y 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 50.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.