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Data as of Sep 19, 2026.

ETFIQetfiq.com · independent ETF data

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 and TFPN on the fields both publish, as of Sep 19, 2026. Source: ETFIQ.
QQQ
Invesco QQQ Trust
TFPN
Blueprint Chesapeake Multi-Asset Trend ETF
Where it sitsCore fundAlternatives ETF
IssuerInvescoBlueprint
What it isTracks the Nasdaq-100Managed 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 ratio0.18%1.96%
Holdings105not 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.

QQQ against TFPN, ETFIQ, data as of Sep 19, 2026. Every figure is calculated from a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

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.

A comparison is not a recommendation. Standards and sources