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Data as of Sep 13, 2026. Both funds on the fields they both publish, from the same sources.

ETFIQetfiq.com · independent ETF data

GOVT vs QQQ: how they differ

GOVT and QQQ hold 0% of their weight in the same names, and QQQ returned more over the year.

iShares U.S. Treasury Bond ETF and Invesco QQQ Trust.

What they hold in common

By the books each fund has filed, GOVT and QQQ hold 0% of their money in the same securities at the same weight.

Largest positions each one holds and the other does not
Only in GOVTOnly in QQQ
US TREASURY N/B 0.60%NVIDIA Corp 8.52%
TREASURY NOTE (OTR) 0.55%Apple Inc 7.72%
TREASURY BOND (OLD) 0.42%Microsoft Corp 5.89%
TREASURY NOTE (2OLD) 0.25%Micron Technology Inc 4.90%
TREASURY BOND (OTR) 0.16%Amazon.com Inc 4.36%
BLK CSH FND TREASURY SL AGENCY 0.11%Advanced Micro Devices Inc 3.65%
TREASURY NOTE (OLD) 0.11%Alphabet Inc 3.12%
TREASURY BOND (2OLD) 0.08%Meta Platforms Inc 3.07%

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 dated Sep 10, 2026.

GOVT and QQQ on the fields both publish, as of Sep 13, 2026. Source: ETFIQ.
GOVT
iShares U.S. Treasury Bond ETF
QQQ
Invesco QQQ Trust
Where it sitsCore index fundCore index fund
IssueriSharesInvesco
What it isU.S. Treasury BondNasdaq-100
Total return, 1 year−1.0%+23.0%
S&P 500 over the same days+17.5%+17.5%
Gap to the S&P 500−18.5 pts+5.5 pts
Expense ratio0.05%0.18%
Holdings216105

GOVT in plain words

GOVT is a bond fund tracking the U.S. Treasury Bond. Over the year to Sep 11, 2026 it returned −1.0% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.05% a year. It sat 8.4% below its high of Aug 4, 2020 on Sep 11, 2026.

QQQ in plain words

QQQ is an index equity fund tracking the Nasdaq-100. Over the year to Sep 11, 2026 it returned +23.0% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.18% a year. By its holdings filed for Sep 10, 2026, 97% of the fund by weight is stocks the S&P 500 also holds, across 105 positions, with the top ten at 47.0%. It sat 4.1% below its high of Jun 2, 2026 on Sep 11, 2026.

Questions people ask

Which returned more over the last year, GOVT or QQQ?
In the year to Sep 13, 2026, with distributions reinvested, GOVT returned −1.0% and QQQ returned +23.0%, so QQQ returned more. One year is one year; the longer windows are in the table.
Which is cheaper, GOVT or QQQ?
GOVT charges 0.05% a year and QQQ charges 0.18%, so GOVT is cheaper. Fees come from each fund's prospectus.

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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.

GOVT against QQQ, ETFIQ, data as of Sep 13, 2026. Every figure is arithmetic on a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, GOVT against QQQ, data as of Sep 13, 2026. https://etfiq.com/compare/any/govt-vs-qqq Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. Standards and sources