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TEQI vs QQQT

T. Rowe Price Equity Income ETF vs Defiance Nasdaq 100 Income Target ETF

TEQI

T. Rowe Price Equity Income ETF

Annual cost

0.54%

Fund size

$406M

QQQT

Defiance Nasdaq 100 Income Target ETF

Annual cost

1.20%

Fund size

$44M

Key differences

TEQI is an equity ETF, while QQQT is an alternative ETF. TEQI charges 0.54% a year and QQQT 1.20%.

  • TEQI is an equity fund, while QQQT is an alternative fund. They carry different risk/return profiles.
  • TEQI follows a active selection strategy; QQQT uses option income.
  • TEQI costs 0.66% less per year.
  • TEQI is much larger than QQQT. Larger funds are usually more liquid and less likely to close.

Side-by-side comparison

TEQIQQQT
Annual cost (TER)0.54%1.20%
Fund size (AUM)$406M$44M
Since20202024
Dividend yield1.54%18.88%
Asset classequityalternative
Regionnorth americanorth america
Strategyactive selectionoption income
CAGR 1Y+21.2%+27.6%
CAGR 3Y+17.3%N/A
CAGR 5Y+9.2%N/A
Sharpe 3Y1.03N/A
Volatility 1Y10.59%15.37%
Max drawdown-17.82%-22.51%

Similar to TEQI and QQQT