BETH vs QQQ
ProShares Bitcoin & Ether Market Cap Weight ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. QQQ delivered stronger 1-year returns. QQQ offers more diversification with 103 holdings.
Side-by-Side Comparison
| Metric | BETH | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.95% | 0.18% | |
| AUM | $10M | $455.8B | |
| Dividend Yield | 64.35% | 0.41% | |
| Holdings | 3 | 108 | |
| YTD Return | -31.20% | +18.20% | |
| 1Y Return | -47.95% | +27.63% | |
| 3Y Return (annualized) | - | +25.54% | |
| 5Y Return (annualized) | - | +15.12% | |
| Volatility (annualized) | 52.5% | 30.6% | |
| Max Drawdown | -57.1% | -83.0% | |
| Fund Family | ProShares | Invesco (US) | |
| Category | Alternative | Equity | |
| Inception | Oct 2, 2023 | Mar 10, 1999 |
BETH vs QQQ Performance
ProShares Bitcoin & Ether Market Cap Weight ETF (BETH) is a ETF from ProShares and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year BETH returned -47.95% while QQQ returned +27.63%. Year to date, BETH is down 31.20% versus a gain of 18.20% for QQQ.
Risk: Volatility and Drawdowns
BETH has been the more volatile fund, with annualized monthly volatility of 52.5% 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 -57.1% for BETH 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 0.39. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
BETH charges 0.95% per year while QQQ charges 0.18%. On a $10,000 position that is $95 vs $18 annually, a gap of $77 per year that compounds over a long holding period. On income, BETH currently yields 64.35% against 0.41% for QQQ.
Frequently Asked Questions
Which is cheaper, BETH or QQQ?
BETH has an expense ratio of 0.95% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $77 per year of difference.
Which performed better, BETH or QQQ?
Over the past year BETH returned -47.95% vs +27.63% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (3 years), BETH annualized +18.09% vs +13.11% for QQQ. Past performance does not guarantee future results.
Which is riskier, BETH or QQQ?
BETH has been the more volatile fund at 52.5% annualized versus 30.6% for QQQ. Worst drawdown: BETH -57.1% vs QQQ -83.0%.
Should I hold both BETH and QQQ?
BETH and QQQ have a monthly-return correlation of 0.39, so combining them can provide real diversification depending on your allocation goals.
Which pays a higher dividend, BETH or QQQ?
BETH yields 64.35% while QQQ yields 0.41%, so BETH currently pays the higher dividend yield.
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