QQQ vs TDIV: Performance, Holdings, Fees & Risk
QQQ and TDIV are ETFs, but they can differ materially in exposure, yield, fees and risk. QQQ is Invesco QQQ Trust, Series 1, while TDIV is First Trust NASDAQ Technology Dividend Index Fund. TDIV is more concentrated at the top, based on top-10 holdings weight.
What is the main difference between QQQ and TDIV?
QQQ and TDIV both concentrate in Technology, at 59% and 84% of assets, and 20% of their weight is in the same securities.
| Metric | QQQ | TDIV |
|---|---|---|
| Fund | ||
| Expense ratio | 0.18% | 0.5% |
| Holdings | 107 | 95 |
| Top-10 concentration | 47% | 50.6% |
| Distribution yieldTrailing 12 months | 0.44% | 1.4% |
| Average volume | 37,499,418 | 162,987 |
| Performance | ||
| 1Y return | +15.2% | +13.5% |
| YTD return | +14.7% | +16.9% |
| 5Y annualized returnTotal return, distributions reinvested | +14% | +16.5% |
| Risk | ||
| Annualized volatility | 20.1% | 20.7% |
| Max drawdown (1Y) | -12.2% | -16.6% |
| Max drawdown (5Y)Total return, distributions reinvested | -35.1% | -32% |
| Beta | 1.45 | 1.35 |
| Sharpe ratio | 0.66 | 0.57 |
| Sortino ratio | 1.02 | 0.87 |
| AlgovestIQ | ||
| AIQ Score | 50/100 | 50/100 |
| AIQ Edge Score | 4/10 | 4/10 |
| Momentum | 15/100 | 42/100 |
| Risk Resilience | 69/100 | 67/100 |
AlgovestIQ AIQ Comparison
Invesco QQQ Trust, Series 1 vs First Trust NASDAQ Technology Dividend Index Fund
QQQ and TDIV are effectively level
QQQ and TDIV are effectively level on the AIQ Score; the factor table below shows where each one holds its advantage.
Invesco QQQ Trust, Series 1
First Trust NASDAQ Technology Dividend Index Fund
The Algovestiq AIQ Score does not currently separate QQQ and TDIV as of Oct 24, 2026. Both names are scored on the same 0–100 scale across Quality, Value, Momentum and Risk Resilience, and the factor table below shows where each one holds its advantage.
Compare Invesco QQQ Trust, Series 1 and First Trust NASDAQ Technology Dividend Index Fund across performance, expense ratio, dividend yield, drawdown, volatility and the Algovestiq AIQ Score.
QQQ vs TDIV: which fits what
Each row is settled by a single measure. Where the gap is too small to matter it reads Similar, and no row decides the comparison as a whole.
| If you want | QQQ | TDIV | Fits |
|---|---|---|---|
| Lower costExpense ratio | 0.18% | 0.5% | QQQ |
| Broader diversificationNumber of holdings | 107 | 95 | Similar |
| Lower concentrationWeight of the 10 largest holdings | 47% | 50.6% | QQQ |
| Higher incomeTrailing 12-month distribution yield | 0.44% | 1.4% | TDIV |
| Smaller drawdownsMax drawdown, 5 years | -35.1% | -32% | TDIV |
| Lower volatilityAnnualized volatility, 1 year | 20.1% | 20.7% | Similar |
Similar means the gap is within 0.01 percentage points of expense ratio, 25% more holdings, 3 points of top-10 weight, 0.2 points of yield, 2 points of drawdown or 1 point of volatility. Past drawdowns and volatility describe the funds’ history, not their future.
Performance over time
Total return with distributions reinvested, from daily closes for both ETFs.
Total return comparison
Growth of $10,000, distributions reinvested
Split-adjusted closes; each distribution is reinvested at the close on its ex-dividend date. Taxes and trading costs are not modeled.
Compare QQQ and TDIV against another ticker
Open a multi-ticker workspace without changing this focused pair page.
AIQ Factor Divergence
Where the two separate, on the four dimensions behind the AIQ Score. Bars read outward from a shared zero: further from the centre is a wider gap.
- Quality82 vs 49QQQ +33
- Momentum15 vs 42TDIV +27
- Value36 vs 48TDIV +12
- Risk Resilience69 vs 67Even
Neither name separates cleanly on the covered dimensions.
What changed since the last close
Latest scored session 2026-10-23, compared against the prior scored session 2026-10-22.
Largest factor move: Value +1
No signal started or stopped since the prior session; its 4 active signals are unchanged.
Largest factor move: Value +1
No signal started or stopped since the prior session; its 3 active signals are unchanged.
Deeper signal detail for each name lives on its own signals page — QQQ and TDIV both carry a full feed there.
Fund facts, side by side
Two funds tracking overlapping universes are separated by cost and risk far more than by holdings. Those lead here.
| Measure | QQQ | TDIV | Why it matters |
|---|---|---|---|
| Expense ratio | 0.18% | 0.5% | Lower is better — it compounds against you every year you hold. |
| Holdings | 107 | 95 | More holdings means broader diversification, not better returns. |
| Average volume | 37,499,418 | 162,987 | Liquidity — matters most if you trade size. |
| Annualized volatility | 20.1% | 20.7% | Lower is a steadier ride for the same exposure. |
| Max drawdown (1Y) | -12.2% | -16.6% | The worst peak-to-trough loss over the past year. |
| Sharpe ratio | 0.66 | 0.57 | Return per unit of risk. Higher is better. |
| Beta | 1.45 | 1.35 | Sensitivity to the broad market. Neither direction is better — it depends on the role in your portfolio. |
Where the exposure actually sits
Sector exposure for each fund, ordered by the size of the difference.
How much of the same holdings they own
QQQ and TDIV share 19.98% of their weighted exposure across 18 common holdings.
84 holdings are unique to QQQ, and 75 holdings are unique to TDIV. Owning both is genuinely additive — most of the capital sits in different securities.
TDIV is the more concentrated of the two: its ten largest positions are 50.56% of the fund, against 46.96% for QQQ (95 holdings vs 107). Concentration cuts both ways — it is what drives outperformance when the top names work, and what makes the drawdown deeper when they do not.
Largest shared positions
| Holding | QQQ | TDIV | Shared |
|---|---|---|---|
| MSFTMicrosoft Corporation | 5.88% | 9.6% | 5.88% |
| AVGOBroadcom Inc. | 2.75% | 6.75% | 2.75% |
| CSCOCisco Systems, Inc. | 1.88% | 1.99% | 1.88% |
| AMATApplied Materials, Inc. | 1.6% | 2.07% | 1.6% |
| TXNTexas Instruments Incorporated | 1.04% | 6.19% | 1.04% |
| KLACKLA Corporation | 1.03% | 1.33% | 1.03% |
| STXSeagate Technology Holdings Plc | 0.86% | 0.91% | 0.86% |
| TMUST-Mobile US, Inc. | 0.85% | 1.93% | 0.85% |
Shared weight is the lower of the two positions — the portion of capital both funds genuinely have in the same security.
What QQQ adds that TDIV doesn’t
| Holding | QQQ | TDIV |
|---|---|---|
| NVDANVIDIA Corp | 8.49% | Not held |
| AAPLApple Inc | 7.71% | Not held |
| MUMicron Technology Inc | 4.89% | Not held |
| AMZNAmazon.com Inc | 4.36% | Not held |
| AMDAdvanced Micro Devices Inc | 3.64% | Not held |
| GOOGLAlphabet Inc | 3.11% | Not held |
What TDIV adds that QQQ doesn’t
| Holding | TDIV | QQQ |
|---|---|---|
| IBMInternational Business Machines Corporation | 6.93% | Not held |
| AVGOBroadcom Inc. | 6.75% | 2.75% |
| TXNTexas Instruments Incorporated | 6.19% | 1.04% |
| ORCLOracle Corporation | 5.56% | Not held |
| TSMTaiwan Semiconductor Manufacturing Company Limited (ADR) | 4.46% | Not held |
| QCOMQUALCOMM Incorporated | 3.26% | 0.83% |
Each list is a fund’s largest positions by weight that the other fund does not hold, or holds at less than half the weight.
QQQ vs TDIV: five-year payout growth
QQQ grew its split-adjusted payout faster over 2020-2025 — 9.99% a year against TDIV's 5.79%.
| Dividend metric | QQQ | TDIV |
|---|---|---|
| 5Y payout CAGR | 9.99% | 5.79% |
| 2020 annual payout | $1.737 | $1.027 |
| 2025 annual payout | $2.795 | $1.361 |
| Calendar-year declines | 2 | 1 |
| Peer rank | #56 of 138 | #14 of 33 |
Split-adjusted annual distributions, 2020–2025. Research as of Sep 19, 2026. Yield and expense ratio above are current values, not part of this window.
AIQ Agreement Matrix
How each independent group of evidence reads the pair.
| Evidence group | Favors | Reading |
|---|---|---|
| AIQ Score | Even | 50 vs 50 |
| Fundamentals | Not covered | Not covered |
| Valuation | TDIV | Value 36 vs 48 |
| Technicals | TDIV | Price vs 50-day -3% vs -1.1%; vs 200-day 4% vs 4.7% |
| Risk Resilience | Even | Risk Resilience 69 vs 67 |
| Analyst expectations | Not covered | Not covered |
AIQ Decision Stability
The conclusion is sensitive to small changes. Treat the lead as provisional and watch the flip conditions below.
- The AIQ gap is narrow at 0 points. (argues the conclusion is provisional)
- Only 0 of 4 covered evidence groups agree. (argues the conclusion is provisional)
- The leader's advantage has been narrowing. (argues the conclusion is provisional)
How the comparison changed
96 daily snapshots · Jun 24 – Oct 23QQQ lead: Weakening — the AIQ differential moved from 12 to 0 points over 30 sessions.
- Today
- Level
- 50 vs 50
- 7 sessions ago
- QQQ +6
- 57 vs 51
- 30 sessions ago
- QQQ +12
- 67 vs 55
- 90 sessions ago
- QQQ +6
- 63 vs 57
The lead has not changed hands in this window.
AIQ Signal Divergence
Only the signals that bear on the head-to-head. A conflicted name is carrying bullish and bearish rules at the same time — the technical evidence is not pointing one way.
2 bullish / 2 bearish, conflicted
Only QQQ
- Keltner Channel Breakdown — bearish, volatility, short horizon
- RSI Oversold - Potential Bounce — bullish, momentum, short horizon
1 bullish / 1 bearish / 1 neutral, conflicted
Only TDIV
- Bollinger Band Squeeze — neutral, volatility, short horizon
Both carry 2 more signals that do not separate them: Golden Cross Active, MACD Bearish Crossover.
Price vs model alignment
Whether the latest session's price move confirms what the model did over the same session, or contradicts it.
Neither the price nor the AIQ Score moved enough in the latest session to confirm or contradict the other (price -0.01%, AIQ +1 points).
Price is down while the AIQ Score moved up 1 points over the same session — price and model disagree (price -0.11%, AIQ +1 points).
The full evidence
Every number behind the verdict. The leader is called above each group so you are not left to solve it from the table.
Performance
TDIV leads 4 of 6 windows| Metric | QQQ | TDIV |
|---|---|---|
| 1 week (5 sessions) | -0.8% | 1.6% |
| 1 month (20 sessions) | -5.4% | -0.8% |
| 3 months (63 sessions) | 3.3% | 4.7% |
| 6 months (126 sessions) | 6.1% | 5.5% |
| Year to date | 14.7% | 16.9% |
| 1 year (252 sessions) | 15.2% | 13.5% |
Technicals
TDIV has the stronger structure| Metric | QQQ | TDIV |
|---|---|---|
| RSI (14) | 24 | 42.4 |
| ADX (14) | 24.9 | 9.8 |
| Price vs 50-day | -3% | -1.1% |
| Price vs 200-day | 4% | 4.7% |
| Volatility (1M, annualized) | 18.4% | 17.7% |
Risk
Split| Metric | QQQ | TDIV |
|---|---|---|
| Beta | 1.45 | 1.35 |
| Sharpe ratio | 0.66 | 0.57 |
| Sortino ratio | 1.02 | 0.87 |
| Max drawdown | -12.2% | -16.6% |
| Current drawdown | -7.3% | -11.8% |
| Annualized volatility | 20.1% | 20.7% |
| Value at risk (95%) | -2% | -2% |
Straight answers
Short answers to the questions fund investors ask about this pair, from the figures above.
What is the difference between QQQ and TDIV?
QQQ and TDIV both concentrate in Technology, at 59% and 84% of assets, and 20% of their weight is in the same securities.
How much do QQQ and TDIV overlap?
QQQ and TDIV share 19.98% of their weighted exposure across 18 common holdings. 84 holdings are unique to QQQ, and 75 holdings are unique to TDIV. Owning both is genuinely additive — most of the capital sits in different securities.
Which ETF is more diversified, QQQ or TDIV?
They hold a similar number of positions: 107 for QQQ and 95 for TDIV.
Which has the lower expense ratio?
QQQ has the lower expense ratio, 0.18% a year against 0.5% for TDIV.
Which ETF has the higher distribution yield?
TDIV, with a trailing 12-month distribution yield of 1.4% against 0.44% for QQQ.
Which ETF has been more volatile?
Their volatility over the past year is similar: 20.1% annualized for QQQ and 20.7% for TDIV.
Which ETF has had the smaller drawdown?
TDIV fell less from peak to trough over the past five years: -32% against -35.1% for QQQ.
Compare QQQ and TDIV with others
Continue your research
This page answers which of the two. These answer the questions on either side of it.
How this comparison is scored
The Algovestiq AIQ Score composites four factors — Quality, Value, Momentum and Risk, each carrying a fixed weight. Sentiment is reported separately as SentimentPulse and is not folded into the composite. Scores refresh every trading day, and this page regenerates from the latest snapshot rather than being written once.
The verdict names a leader, states how broadly six independent evidence groups agree, and rates how durable that conclusion is given the score gap, its recent trajectory and the current signal state on both names.
How to use side-by-side comparison →This comparison is informational and educational, not investment advice. AIQ scores update daily; re-check after earnings, guidance or macro data that materially changes either name’s factor profile.