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Data as of Nov 4, 2026.

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Thematic ETFs

QQQJ vs TNXT: Holdings Overlap & Returns

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QQQJ and TNXT hold 5% of their weight in the same names.

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Net assets on Nov 3, 2026: $1.2bn for Invesco NASDAQ Next Gen 100 ETF and $19m for T. Rowe Price Innovation Leaders ETF.

QQQJ on its own →TNXT on its own →
At a glance
46.7%
QQQJ in the S&P 500
64.2%
TNXT in the S&P 500
+25.2%
QQQJ total return, 1 year
+13.4%
TNXT total return, since launch, Jan 29, 2026
QQQJ · 1 year to Nov 4, 2026 53% of its weight is outside the S&P 500
53% of its weight is outside the S&P 50047% of QQQJ's weight is in S&P 500 companies and 53% is outside the index. Holdings as of Nov 3, 2026.47%53%of its weight in S&P 500 companiesof its weight outside the S&P 500active share 99% · top ten 20% of the fund · 106 holdings as published by its issuer for Nov 3, 2026 · Nasdaq-100: 0% in53% of its weight is outside the S&P 50047% of QQQJ's weight is in S&P 500 companies and 53% is outside the index. Holdings as of Nov 3, 2026.47%53%in the S&P 500outside the S&P 500active share 99% · Nasdaq-100: 0% in

47% of QQQJ's weight is in S&P 500 companies and 53% is outside the index. Holdings as of Nov 3, 2026.

TNXT · 6 months to Nov 4, 2026 36% of its weight is outside the S&P 500
36% of its weight is outside the S&P 50064% of TNXT's weight is in S&P 500 companies and 36% is outside the index. Holdings as of Jun 30, 2026.64%36%of its weight in S&P 500 companiesof its weight outside the S&P 500active share 52% · top ten 32% of the fund · 272 holdings as filed for Jun 30, 2026 · Nasdaq-100: 47% in36% of its weight is outside the S&P 50064% of TNXT's weight is in S&P 500 companies and 36% is outside the index. Holdings as of Jun 30, 2026.64%36%in the S&P 500outsideactive share 52% · Nasdaq-100: 47% in

64% of TNXT's weight is in S&P 500 companies and 36% is outside the index. Holdings as of Jun 30, 2026.

Pair scorecard

QQQJ costs 0.34 points a year less; QQQJ is far larger, $1.2bn against $19m.

Points (pts) are percentage points.

QQQJ vs TNXT: Holdings Overlap & Returns
MeasureQQQJTNXT
Return
Total return, 1 year+25.2%not published
Against its benchmark
What it tracksBroad innovation and megatrendsBroad innovation and megatrends
Its benchmark, total return, 1 year+14.8%
Against its benchmark, 1 yearahead by 10.4 pts
Cost and size
Expense ratio0.15%0.49%
Net assets, as of Nov 3, 2026$1.2bn$19m
Holdings
Holdings in common5%

Method

What they share

5%

By the books each fund has filed, QQQJ and TNXT hold 5% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Nov 3, 2026.

0 half 100%

half

5% in common

Positions both hold · largest shared weight first QQQJ TNXT
Guardant Health Inc 1.19% 0.70%
Natera Inc 2.83% 0.67%
Argenx SE 1.24% 0.46%
Royalty Pharma PLC 1.49% 0.45%
Affirm Holdings Inc 1.08% 0.45%
Roivant Sciences Ltd 1.31% 0.34%
Revolution Medicines Inc 2.10% 0.24%
Ascendis Pharma A/S 0.78% 0.23%
Summit Therapeutics Inc 0.36% 0.19%
GLOBALFOUNDRIES Inc 0.96% 0.18%
SS&C Technologies Holdings Inc 0.96% 0.15%
Medpace Holdings Inc 0.94% 0.14%
Only in one fund ↓
Only in QQQJ
eBay Inc 2.67%
NetApp Inc 1.89%
Biogen Inc 1.86%
Illumina Inc 1.82%
Steel Dynamics Inc 1.79%
Elbit Systems Ltd 1.79%
United Airlines Holdings Inc 1.76%
Kimberly-Clark Corp 1.75%
Only in TNXT
NVIDIA CORP 7.22%
APPLE INC 4.60%
AMAZON.COM INC 3.02%
BROADCOM INC 2.75%
MICROSOFT CORP 2.67%
ALPHABET INC CL A 2.57%
ADVANCED MICRO DEVICES 2.53%
ALPHABET INC CL C 2.28%
Check overlap with more funds →

Window by window

Window by window: QQQJ vs TNXT: Holdings Overlap & Returns
Total returnvs its benchmark
WindowQQQJTNXTQQQJTNXT
3 months−1.2%−0.2%−0.9 pts vs IWVnot measured
6 months+6.2%+6.6%+1.3 pts vs IWVnot measured
1 year+25.2%–+10.4 pts vs IWV–
3 years+91.2%–+10.2 pts vs IWV–
Since launchNot the same days: QQQJ Oct 2020 · TNXT Jan 2026+74.3%+13.4%−53.2 pts vs IWVnot measured

– means no data for this window. Open this comparison in the app →

Side by side

QQQJ Invesco NASDAQ Next Gen 100 ETF · Holds 106 stocks in broad innovation and megatrends, 47% of its weight in S&P 500 companies TNXT T. Rowe Price Innovation Leaders ETF · Holds 272 stocks in broad innovation and megatrends, 64% of its weight in S&P 500 companies
Issuer Invesco T. Rowe Price
Theme Broad innovation and megatrends Broad innovation and megatrends
In the S&P 500 46.7% 64.2%
Active share vs the S&P 500 98.6% 51.6%
In the Nasdaq-100 0.0% 47.1%
Holdings 106 272
Top ten, share of the fund 20.3% 31.8%
Expense ratio 0.15% 0.49%
Fee for the differing part 0.15% 0.95%
Total return, 1 year +25.2% +13.4% (since launch, Jan 29, 2026)
vs its benchmark +10.4 pts vs IWV not measured
Below its high −4.4% −3.8%
Net assets, as of Nov 3, 2026 $1.2bn $19m

As of Nov 4, 2026. Source: ETFIQ.

5% of the two portfolios are the same securities at the same weight.

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About each fund
QQQJ

Over the year to Nov 4, 2026 the fund returned +25.2% with distributions reinvested against +14.8% for its benchmark, the Russell 3000 Index, so a holder was ahead by 10.4 pts.

By weight, 47% of QQQJ's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 99%. The top ten holdings are 20% of the fund across 106 positions, as published by its issuer for Nov 3, 2026.

TNXT

By weight, 64% of TNXT's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 52%. The top ten holdings are 32% of the fund across 272 positions, as filed for Jun 30, 2026. Since it first traded on Jan 29, 2026 the fund returned +13.4% with distributions reinvested.

Questions people ask

Do QQQJ and TNXT hold the same stocks?
By their latest filings, 5% of their books are the same securities at the same weight. Overlap is the sum of the smaller weight of every security they share.
Which is more different from the S&P 500, QQQJ or TNXT?
QQQJ has 47% of its weight in S&P 500 names and TNXT has 64%, so QQQJ differs more from the index.
Which is cheaper, QQQJ or TNXT?
QQQJ charges 0.15% a year and TNXT charges 0.49%, so QQQJ is cheaper. Fees come from each fund's prospectus.
Other comparisons
QQQJ vs GDOCQQQJ vs DTREQQQJ vs BULDQQQJ vs CARZTNXT vs XTTNXT vs FDTXTNXT vs FRWDTNXT vs ARKK
Where to next
All thematic ETFs ranked by the S&P 500 Difference Score →How the scores are computed →QQQJ on its own →TNXT on its own →QQQJ dividend history →QQQJ holdings →TNXT holdings →Method →Standards and sources →
Sources and dates
QQQJ filings on SEC EDGAR ↗
QQQJ prospectus with the expense ratio (SEC) ↗
Invesco page for QQQJ ↗
TNXT filings on SEC EDGAR ↗
TNXT prospectus with the expense ratio (SEC) ↗
T. Rowe Price website ↗

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.

Every number is an ETFIQ calculation with distributions reinvested.

Cite this pageCitation, APA and Markdown

ETFIQ, QQQJ against TNXT, data as of Nov 4, 2026. https://etfiq.com/compare/themes/qqqj-vs-tnxt

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