Which returned more over the last year, QQQM or TLT?

In the year to Oct 28, 2026, with distributions reinvested, QQQM returned +15.2% and TLT −7.9%.

Which is cheaper, QQQM or TLT?

Neither: QQQM and TLT both charge 0.15% a year. Fees come from each fund's prospectus.

Data as of Oct 28, 2026.

Across categories

QQQM vs TLT: Differences, Returns & Fees

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Over the year to Oct 28, 2026, QQQM returned +15.2% to TLT's −7.9%; 0% of their weight is in the same names.

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Net assets on Oct 27, 2026: $110.4bn for Invesco NASDAQ 100 ETF and $47.4bn for iShares 20+ Year Treasury Bond ETF.

QQQM on its own →TLT on its own →

At a glance

+15.2%

QQQM total return, 1 year

−7.9%

TLT total return, 1 year

0.15%

QQQM expense ratio

0.15%

TLT expense ratio

Pair scorecard

Both cost 0.15% a year; their one-year returns differ by 23.1 points; QQQM is 2.3 times larger.

Points (pts) are percentage points.

QQQM vs TLT: Differences, Returns & Fees
Measure	QQQM	TLT
Return
Measure	QQQM	TLT
Total return, 1 year	+15.2%	−7.9%
Drawdown
Measure	QQQM	TLT
Below its high	4.5%, high on Oct 6, 2026	42.6%, high on Aug 4, 2020
Benchmark
Measure	QQQM	TLT
What it tracks	Nasdaq-100 Index	ICE U.S. Treasury 20+ Year Bond Index
Cost and size
Measure	QQQM	TLT
Expense ratio	0.15%	0.15%
Net assets, as of Oct 27, 2026	$110.4bn	$47.4bn
Holdings
Measure	QQQM	TLT
Holdings in common	0%
In the S&P 500, by weight	96%
Top ten holdings, share of the fund	46.7%

Holdings in common uses holdings dated Oct 27, 2026. Method

What they share

By the books each fund has filed, QQQM and TLT hold 0% of their money in the same securities at the same weight. Holdings dated Oct 27, 2026.

50%

0 half 100%

half

0% in common

Positions both hold · largest shared weight first QQQM TLT

Only in one fund ↓

Only in QQQM

NVIDIA Corp 8.17%

Apple Inc 7.88%

Microsoft Corp 6.14%

Micron Technology Inc 4.50%

Amazon.com Inc 4.25%

Advanced Micro Devices Inc 3.93%

Tesla Inc 3.33%

Alphabet Inc 2.93%

Only in TLT

TREASURY BOND 4.32%

TREASURY BOND 4.12%

TREASURY BOND (OLD) 4.07%

TREASURY BOND 4.02%

TREASURY BOND 3.93%

TREASURY BOND 3.92%

TREASURY BOND 3.89%

TREASURY BOND 3.88%

Check overlap with more funds →

Side by side

QQQM Invesco NASDAQ 100 ETF TLT iShares 20+ Year Treasury Bond ETF

Where it sits Stock ETF Bond ETF

Issuer Invesco iShares

What it is Tracks the Nasdaq-100 Tracks an index of 20+ year Treasuries

Total return, 1 year +15.2% −7.9%

Its benchmark over the same days +15.2% (QQQ) −7.8% (BBLB)

Gap to its benchmark 0.0 pts vs QQQ −0.1 pts vs BBLB

Expense ratio 0.15% 0.15%

Holdings 105 47

Net assets, as of Oct 27, 2026 $110.4bn $47.4bn

QQQM and TLT on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.

Alert

About each fund

QQQM

QQQM tracks the Nasdaq-100. Over the year to Oct 28, 2026 it returned +15.2% with distributions reinvested, against +15.2% for its benchmark, the Nasdaq-100 Index. The prospectus expense ratio is 0.15% a year. By its holdings published by its issuer for Oct 27, 2026, 96% of the fund by weight is stocks the S&P 500 also holds, across 105 positions, with the top ten at 46.7%. It sat 4.5% below its high of Oct 6, 2026 on Oct 28, 2026.

TLT

TLT tracks an index of 20+ year Treasuries. Over the year to Oct 28, 2026 it returned −7.9% with distributions reinvested, against −7.8% for its benchmark, the ICE U.S. Treasury 20+ Year Bond Index. It sat 42.6% below its high of Aug 4, 2020 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, QQQM or TLT?: In the year to Oct 28, 2026, with distributions reinvested, QQQM returned +15.2% and TLT −7.9%.
Which is cheaper, QQQM or TLT?: Neither: QQQM and TLT both charge 0.15% a year. Fees come from each fund's prospectus.

Other comparisons

QQQM vs VGLT EDV vs QQQM QQQM vs VGIT QQQM vs VCIT IWF vs TLT SCHG vs TLT SPYG vs TLT TLT vs VUG

Where to next

QQQM on its own →TLT on its own →Hold both: look the portfolio through →Rankings →QQQM dividend history →QQQM holdings →TLT dividend history →TLT holdings →Standards and sources →

Sources and dates

QQQM filings on SEC EDGAR ↗

QQQM prospectus with the expense ratio (SEC) ↗

Invesco page for QQQM ↗

TLT filings on SEC EDGAR ↗

TLT prospectus with the expense ratio (SEC) ↗

iShares page for TLT ↗

Links are sources, not endorsements. A comparison is not a recommendation.

How this is computed

Overlap adds up the smaller of the two weights for each security both funds hold.

Cite this pageCitation, APA and Markdown

ETFIQ, QQQM against TLT, data as of Oct 28, 2026. https://etfiq.com/compare/any/qqqm-vs-tlt

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Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.