BDRY vs QQQ
Breakwave Dry Bulk Shipping ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. BDRY delivered stronger 1-year returns. QQQ offers more diversification with 103 holdings.
Side-by-Side Comparison
| Metric | BDRY | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.44% | 0.18% | |
| AUM | $28M | $455.8B | |
| Dividend Yield | 0.00% | 0.41% | |
| Holdings | 17 | 108 | |
| YTD Return | +63.00% | +17.46% | |
| 1Y Return | +74.56% | +26.02% | |
| 3Y Return (annualized) | +37.31% | +25.51% | |
| 5Y Return (annualized) | -13.07% | +15.12% | |
| Volatility (annualized) | 70.2% | 30.6% | |
| Max Drawdown | -89.2% | -83.0% | |
| Fund Family | ETFMG | Invesco (US) | |
| Category | Equity | Equity | |
| Inception | Mar 22, 2018 | Mar 10, 1999 |
BDRY vs QQQ Performance
Breakwave Dry Bulk Shipping ETF (BDRY) is a ETF from ETFMG and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year BDRY returned +74.56% while QQQ returned +26.02%. Year to date, BDRY is up 63.00% versus a gain of 17.46% for QQQ.
Over three years, BDRY compounded at +37.31% per year against +25.51% for QQQ; over five years the annualized figures are -13.07% and +15.12% respectively. Across the full 8-year window we track, QQQ has the edge at +13.08% annualized vs -7.07%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
BDRY has been the more volatile fund, with annualized monthly volatility of 70.2% compared with 30.6% for QQQ. 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 -89.2% for BDRY and -83.0% for QQQ. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.13. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
BDRY charges 0.44% per year while QQQ charges 0.18%. On a $10,000 position that is $44 vs $18 annually, a gap of $26 per year that compounds over a long holding period. On income, BDRY currently yields 0.00% against 0.41% for QQQ.
Holdings Overlap
BDRY and QQQ share 0 holdings out of 104 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, BDRY or QQQ?
BDRY has an expense ratio of 0.44% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $26 per year of difference.
Which performed better, BDRY or QQQ?
Over the past year BDRY returned +74.56% vs +26.02% for QQQ, so BDRY leads on 1-year performance. Over the longest common window we track (8 years), BDRY annualized -7.07% vs +13.08% for QQQ. Past performance does not guarantee future results.
Which is riskier, BDRY or QQQ?
BDRY has been the more volatile fund at 70.2% annualized versus 30.6% for QQQ. Worst drawdown: BDRY -89.2% vs QQQ -83.0%.
Should I hold both BDRY and QQQ?
BDRY and QQQ have a monthly-return correlation of 0.13, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between BDRY and QQQ?
BDRY and QQQ share 0 common holdings with a 0.0% weight overlap. Combined, they hold 104 unique securities.
Which pays a higher dividend, BDRY or QQQ?
BDRY yields 0.00% while QQQ yields 0.41%, so QQQ currently pays the higher dividend yield.
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