Data as of Sep 4, 2026. Both funds on the fields they both publish, from the same sources.
QQQ vs TAN
Invesco QQQ Trust and Invesco Solar ETF.
What they hold in common
By the books each fund has filed, QQQ and TAN hold 0% of their money in the same securities at the same weight.
| Only in QQQ | Only in TAN |
|---|---|
| NVIDIA Corp. 8.16% | First Solar, Inc. 11.74% |
| Apple Inc. 7.29% | Nextpower Inc. 9.81% |
| Microsoft Corp. 5.32% | Enphase Energy, Inc. 8.75% |
| Micron Technology, Inc. 4.80% | Enlight Renewable Energy Ltd. 7.58% |
| Amazon.com, Inc. 4.62% | SolarEdge Technologies, Inc. 6.32% |
| Advanced Micro Devices, Inc. 3.70% | Doral Group Renewable Energy Resources L 5.09% |
| Alphabet Inc. 3.52% | Sunrun Inc. 4.83% |
| Tesla, Inc. 3.46% | O.Y. Nofar Energy Ltd. 4.21% |
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings as filed for May 31, 2026.
| QQQ Invesco QQQ Trust | TAN Invesco Solar ETF | |
|---|---|---|
| Where it sits | Core fund | Themes desk |
| Issuer | Invesco | Invesco |
| What it is | Nasdaq-100, book from QQQM | Clean energy |
| Total return, 1 year | +25.6% | +14.3% |
| S&P 500 over the same days | +20.0% | +20.0% |
| Gap to the S&P 500 | +5.6 pts | −5.6 pts |
| Expense ratio | 0.18% | 0.70% |
| Already in the S&P 500 | 96.7% | 11.7% |
| Holdings | 101 | 31 |
QQQ in plain words
QQQ is a index equity fund tracking Nasdaq-100, book from QQQM. Over the year to Sep 4, 2026 it returned +25.6% with distributions reinvested, against +20.0% for the S&P 500 and +25.6% for the Nasdaq-100. The prospectus expense ratio is 0.18% a year. By its holdings filed for May 31, 2026, 97% of the fund by weight is stocks the S&P 500 also holds, across 101 positions, with the top ten at 47.5%. It sat 3.5% below its high of Jun 2, 2026 on Sep 4, 2026.
TAN in plain words
By weight, 12% of TAN's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 100%. The top ten holdings are 65% of the fund across 31 positions, as filed for May 31, 2026. Over the year to Sep 4, 2026 the fund returned +14.3% with distributions reinvested against +20.0% for the S&P 500, so a holder was behind by 5.6 pts. It sits 60.4% below its all-time high of Feb 9, 2021.
Questions people ask
- Which returned more over the last year, QQQ or TAN?
- In the year to Sep 4, 2026, with distributions reinvested, QQQ returned +25.6% and TAN returned +14.3%, so QQQ returned more. One year is one year; the longer windows are in the table.
- Which is cheaper, QQQ or TAN?
- QQQ charges 0.18% a year and TAN charges 0.70%, so QQQ is cheaper. Fees come from each fund's prospectus.
- How much do QQQ and TAN overlap with the S&P 500?
- By their latest filed holdings, 97% of QQQ and 12% of TAN by weight is stocks the S&P 500 already holds. Between the two funds, 0% of their books are the same securities at the same weight.
- Are QQQ and TAN the same kind of fund?
- No. QQQ is an index ETF and TAN is a thematic ETF, so they are built for different jobs. The table compares what both publish: return, cost and what each actually holds.
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Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, QQQ against TAN, data as of Sep 4, 2026. https://etfiq.com/compare/any/QQQ-TAN.html Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources