BCDF vs QQQ
Horizon Kinetics Blockchain Development ETF vs Invesco QQQ Trust, Series 1
Which is better, BCDF or QQQ?
Mid Cap Growth against Large Cap Growth.
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | BCDF | QQQ |
|---|---|---|
| Expense Ratio | 0.85% | 0.18%Best |
| AUM | $24M | $483.5B |
| Dividend Yield | 2.25% | 0.44% |
| Holdings | 37 | 107 |
| YTD Return | +7.35% | +17.95%Best |
| 1Y Return | +7.48% | +21.77%Best |
| 3Y Return (annualized) | +16.87% | +25.63%Best |
| 5Y Return (annualized) | - | +15.24% |
| Volatility (annualized) | 15.3%Best | 18.9% |
| Max Drawdown | -27.7% | -22.8%Best |
| $10,000 over 4.1 years | $13,354 | $23,383Best |
| Fund Family | Horizon Kinetics LLC | Invesco (US) |
| Category | Equity | Equity |
| Style | Mid Cap Growth | Large Cap Growth |
| Inception | Aug 1, 2022 | Mar 10, 1999 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 4.1 years row, are measured over the window both funds cover: Aug 2, 2022 to Sep 18, 2026 (4.1 years).
BCDF vs QQQ growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 4.1 years both funds cover.
BCDF vs QQQ Performance
Horizon Kinetics Blockchain Development ETF (BCDF) is an ETF from Horizon Kinetics LLC and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year BCDF returned +7.48% while QQQ returned +21.77%. Year to date, BCDF is up 7.35% versus a gain of 17.95% for QQQ.
Over three years, BCDF compounded at +16.87% per year against +25.63% for QQQ. Across the full 4-year window we track, QQQ has the edge at +23.02% annualized vs +7.31%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 18.9% compared with 15.3% for BCDF. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -27.7% for BCDF and -22.8% for QQQ. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.54. They move together some of the time, and apart the rest.
Fees and Cost Over Time
BCDF charges 0.85% per year while QQQ charges 0.18%. On a $10,000 position that is $85 vs $18 annually, a gap of $67 per year that compounds over a long holding period. On income, BCDF currently yields 2.25% against 0.44% for QQQ.
Holdings Overlap
We hold position weights for 33 holdings in BCDF and 102 in QQQ, totalling 91.7% and 99.9% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 33 positions we hold weights for in BCDF and 102 in QQQ, against full books of 37 and 107.
You are not choosing between two funds in isolation.
Whichever of BCDF and QQQ you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, BCDF or QQQ?
BCDF has an expense ratio of 0.85% while QQQ charges 0.18%. QQQ is the cheaper option, by $67 a year on a $10,000 investment.
Which performed better, BCDF or QQQ?
Over the past year BCDF returned +7.48% vs +21.77% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (4 years), BCDF annualized +7.31% vs +23.02% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BCDF or QQQ?
QQQ has been the more volatile fund at 18.9% annualized versus 15.3% for BCDF. Worst drawdown: BCDF -27.7% vs QQQ -22.8%.
Should I hold both BCDF and QQQ?
BCDF and QQQ have a monthly-return correlation of 0.54, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, BCDF or QQQ?
BCDF yields 2.25% while QQQ yields 0.44%, so BCDF currently pays the higher dividend yield.
Is QQQ better than BCDF?
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.