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USRDvsQOWZETF Comparison

ETF 1

USRD

Themes US R&D Champions ETF

This fund is part of

US Large Cap

+0.89%

Full USRD fund page

VS

ETF 2

QOWZ

Invesco Nasdaq Free Cash Flow Achievers ETF

This fund is part of

US Multi-Factor

+0.37%

Full QOWZ fund page

Themes US R&D Champions ETF (USRD) belongs to the US Large Cap segment. Invesco Nasdaq Free Cash Flow Achievers ETF (QOWZ) is part of the US Multi-Factor segment. USRD's top 3 sector exposures are Information Technology, Health Care and Industrials. In contrast, QOWZ's top sector exposures are Information Technology, Industrials and Health Care. USRD is less expensive with a Total Expense Ratio (TER) of 0.29%, versus 0.39% for QOWZ. USRD is up 5.63% year-to-date (YTD) with - in YTD flows. QOWZ performs worse with -6.08% YTD performance, and +$8K in YTD flows. Run a side-by-side ETF comparison of USRD and QOWZ below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.

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USRD vs QOWZ performance and flow charts

Performance

Cumulative Flows

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Daily, global ETF data for advanced analysis or integration into apps (API), from our partner Trackinsight.

Data Services

Historic performance and flows

Data as of 04/24/2026

		1M	3M	YTD	1Y	3Y	5Y
Perf.	USRD QOWZ	+11.07%+6.03%	+3.16%-6.15%	+5.63%-6.08%	+28.59%+9.39%	n/an/a	n/an/a
Flows	USRD QOWZ	--	-+$8K	-+$8K	--$3M	--	--

Volatility and drawdown

		3M	1Y	3Y	5Y
Volatility	USRD QOWZ	+21.01%+18.62%	+16.53%+15.34%	n/an/a	n/an/a
Max drawdown	USRD QOWZ	-11.36%-14.65%	-13.50%-17.83%	n/an/a	n/an/a
Max drawdown duration	USRD QOWZ	79d88d	178d178d	n/an/a	n/an/a

Trading data

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	USRD	QOWZ
Last sale 4/24/2026 at 1:30 PM	$35.15	$33.61
Previous close 04/23/2026	$34.45	$33.11
Consolidated volume 04/23/2026
Average volume 30 days
Average discount or premium 30 days
Average Bid/Ask spread 30 days

Replication quality

Data as of March 31, 2026

1-year trailing difference

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	USRD	QOWZ
Tracking error
Tracking difference
1 year cumulative return difference
Best
Worst
Daily return difference
Average
Worst

Main metrics

Last update 4/24/2026 at 1:30 PM

Live

Closed

	USRD	QOWZ
Last price	$35.15	$33.61
1D performance	+2.05%	+1.49%
AuM	$1.05 M	$13.44 M
E/R	0.29%	0.39%

Characteristics

	USRD	QOWZ
Management strategy	Passive	Passive
Provider	Themes Management Company	Invesco
Benchmark	Solactive US R&D Champions Index	Nasdaq US Free Cash Flow Achievers Index
N° of holdings	45	50
Asset class	Equities	Equities
Trailing 12m distribution yield	Join	Join
Inception date	December 13, 2023	December 5, 2023
ESG	No	No

More USRD data on Trackinsight

More QOWZ data on Trackinsight

Exposure

Countries

USRD

USA

99.71%

Other

0.29%

QOWZ

USA

100%

Other

0%

Sectors

USRD

Information Techn.

47.93%

Health Care

15.31%

Industrials

10.49%

Other

26.27%

QOWZ

Information Techn.

59.02%

Industrials

16.09%

Health Care

11.48%

Communication Ser.

8.26%

Other

5.16%

Diversification

USRD

Total weight of top 15 holdings out of 15

35.08%

QOWZ

Total weight of top 15 holdings out of 15

57.47%

Top 15 holdings

Data as of March 31, 2026

USRD

US0420682058

2.88%

VERTIV HOLDINGS

2.78%

KEYSIGHT TECHNOLOGIES

2.76%

CORTEVA INC

2.52%

MOTOROLA SOLUTIONS

2.39%

DEERE

2.31%

REGENERON PHARMACEUTICALS

2.23%

ELECTRONIC ARTS

2.21%

APPLIED MATERIAL

2.20%

US49177J1025

2.19%

CISCO-T

2.18%

FORTINET

2.15%

AIRBNB

2.10%

ROPER TECHNOLOGIES INC

2.09%

APPLE

2.09%

QOWZ

NVIDIA

10.36%

BROADCOM LIMITED

7.04%

META PLATFORMS

5.92%

MASTERCARD

4.53%

KLA CORPORATION

3.38%

THERMO FISHER SCIENTIFIC

3.21%

SALESFORCE INC

3.17%

INTUIT

2.95%

SERVICENOW

2.67%

ADOBE INC

2.55%

AUTOMATIC DATA PROCESSING

2.47%

WARNER BROS. DISCOVERY

2.34%

CADENCE DESIGN SYSTEMS

2.34%

REPUBLIC SVCS

2.31%

FORTINET

2.26%

Frequently asked questions about USRD and QOWZ

How have the USRD and QOWZ ETFs performed in 2026?

As of April 24, 2026, USRD is up 5.63% year-to-date (YTD), while QOWZ has lost -6.08%. That puts USRD better performer ahead so far this year.

Which ETF is attracting more investor money: USRD or QOWZ?

Year-to-date, the USRD ETF saw - in flows, compared to +$8K for QOWZ.

Which ETF is more volatile: USRD or QOWZ?

Over the past year, USRD had a volatility of 16.53%, while QOWZ experienced 15.34%.

Which ETF is bigger: USRD or QOWZ?

As of April 24, 2026, USRD holds $1.05 M in assets under management (AUM), while QOWZ manages $13.44 M.

What sectors do the USRD and QOWZ ETFs invest in?

USRD leans toward sectors like Information Technology, Health Care and Industrials. Meanwhile, QOWZ focuses on Information Technology, Industrials and Health Care.

What are the top holdings of the USRD ETF and QOWZ ETF?

USRD top holdings include US0420682058, VERTIV HOLDINGS and KEYSIGHT TECHNOLOGIES. QOWZ holds in its top three: NVIDIA, BROADCOM LIMITED and META PLATFORMS.

USRDvsQOWZETF Comparison

Themes US R&D Champions ETF

Invesco Nasdaq Free Cash Flow Achievers ETF

USRD vs QOWZ performance and flow charts

Performance

Cumulative Flows

Get all the metrics on this page, and more, through a reliable ETF data feed

Countries

Sectors

Diversification

Top 15 holdings

How have the USRD and QOWZ ETFs performed in 2026?

As of April 24, 2026, USRD is up 5.63% year-to-date (YTD), while QOWZ has lost -6.08%. That puts USRD better performer ahead so far this year.

Which ETF is attracting more investor money: USRD or QOWZ?

Year-to-date, the USRD ETF saw - in flows, compared to +$8K for QOWZ.

Which ETF is more volatile: USRD or QOWZ?

Over the past year, USRD had a volatility of 16.53%, while QOWZ experienced 15.34%.

Which ETF is bigger: USRD or QOWZ?

As of April 24, 2026, USRD holds $1.05 M in assets under management (AUM), while QOWZ manages $13.44 M.

What sectors do the USRD and QOWZ ETFs invest in?

USRD leans toward sectors like Information Technology, Health Care and Industrials. Meanwhile, QOWZ focuses on Information Technology, Industrials and Health Care.

What are the top holdings of the USRD ETF and QOWZ ETF?

USRD top holdings include US0420682058, VERTIV HOLDINGS and KEYSIGHT TECHNOLOGIES. QOWZ holds in its top three: NVIDIA, BROADCOM LIMITED and META PLATFORMS.

Which ETF is more diversified: USRD or QOWZ?

USRD holds 50 securities with 35.08% of its assets in the top 15. QOWZ has 50 securities and a top 15 weight of 57.47%.

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