Data as of Sep 19, 2026.
QQQ vs TFPN: how they differ
Over the year TFPN returned more, +24.3% to QQQ's +21.8%, and QQQ charges 0.18% to TFPN's 1.96%.
Invesco QQQ Trust and Blueprint Chesapeake Multi-Asset Trend ETF.
| QQQ Invesco QQQ Trust | TFPN Blueprint Chesapeake Multi-Asset Trend ETF | |
|---|---|---|
| Where it sits | Core fund | Alternatives ETF |
| Issuer | Invesco | Blueprint |
| What it is | Tracks the Nasdaq-100 | Managed futures |
| Total return, 1 year | +21.8% | +24.3% |
| S&P 500 over the same days | +16.6% | +16.6% |
| Gap to the S&P 500 | +5.2 pts | +7.8 pts |
| Expense ratio | 0.18% | 1.96% |
| Holdings | 105 | not filed |
| Net assets | $484.3bn | $170m |
QQQ in plain words
QQQ tracks the Nasdaq-100. Over the year to Sep 18, 2026 it returned +21.8% with distributions reinvested, against +16.6% for the S&P 500 and +21.8% for the Nasdaq-100. The prospectus expense ratio is 0.18% a year. By its holdings published by its issuer for Sep 19, 2026, 97% of the fund by weight is stocks the S&P 500 also holds, across 105 positions, with the top ten at 47.7%. It sat 3.2% below its high of Jun 2, 2026 on Sep 18, 2026.
TFPN in plain words
TFPN is a managed futures fund. ETFIQ measures what every alternatives fund is sold on: whether it moves differently from the stock market. Over the year to Sep 18, 2026, its weekly returns had a correlation of +0.46 with the S&P 500’s and a beta of +0.49, so for each 1% the index moved it moved about 0.49% the same way. The S&P 500 fell in 22 of those 52 weeks, by 1.24% on average. In the same weeks TFPN fell 0.32% on average, a down-week capture of 25.7%. Over the same 52 weeks TFPN returned +22.5% and a Treasury bill fund +3.6%, so it finished 18.9 percentage points ahead of cash.
Questions people ask
- Which returned more over the last year, QQQ or TFPN?
- In the year to Sep 19, 2026, with distributions reinvested, QQQ returned +21.8% and TFPN returned +24.3%, so TFPN returned more.
- Which is cheaper, QQQ or TFPN?
- QQQ charges 0.18% a year and TFPN charges 1.96%, so QQQ is cheaper. Fees come from each fund's prospectus.
- Are QQQ and TFPN the same kind of fund?
- No. QQQ is an index ETF and TFPN is an alternatives 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 TFPN, data as of Sep 19, 2026. https://etfiq.com/compare/any/qqq-vs-tfpn Free to use with attribution; the underlying files are at Open data.
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