The following graphs are comparisons of ^N1T and ^N1TE from GTR1. These are similar to, but not exactly the same as QQQ and QQQE due to theights being modified for QQQ so that some stocks do not dominate the index.
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I’ve held both QQQ and QQQE, and the difference comes down to weighting. QQQ is top-heavy with mega caps, while QQQE gives equal weight across all NASDAQ-100 names. QQQE adds diversification but can underperform in tech-driven rallies. I like using QQQE as a stabilizer when I’m already overweight on the big names elsewhere. Depends on your risk tolerance and timeframe.
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