BITB vs QQQ
Bitwise Bitcoin ETF vs Invesco QQQ Trust, Series 1
Which is better, BITB or QQQ?
Single Currency against Large Cap Growth.
QQQ has a lower expense ratio. QQQ led over 1Y 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 | BITB | QQQ |
|---|---|---|
| Expense Ratio | 0.20% | 0.18%Best |
| AUM | $2.9B | $483.5B |
| Dividend Yield | 0.00% | 0.44% |
| Holdings | 1 | 107 |
| YTD Return | -14.90% | +17.21%Best |
| 1Y Return | -33.99% | +22.10%Best |
| 3Y Return (annualized) | - | +25.27% |
| 5Y Return (annualized) | - | +14.60% |
| Volatility (annualized) | 53.9% | 17.2%Best |
| Max Drawdown | -53.3% | -22.8%Best |
| $10,000 over 2.7 years | $16,312 | $17,812Best |
| Fund Family | Bitwise | Invesco (US) |
| Category | Alternative | Equity |
| Style | Single Currency | Large Cap Growth |
| Inception | Jan 10, 2024 | Mar 10, 1999 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.7 years row, are measured over the window both funds cover: Jan 11, 2024 to Sep 17, 2026 (2.7 years).
BITB 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 2.7 years both funds cover.
BITB vs QQQ Performance
Bitwise Bitcoin ETF (BITB) is an ETF from Bitwise and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year BITB returned -33.99% while QQQ returned +22.10%. Year to date, BITB is down 14.90% versus a gain of 17.21% for QQQ.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
BITB has been the more volatile fund, with annualized monthly volatility of 53.9% compared with 17.2% 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 -53.3% for BITB 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 0.37. They move together some of the time, and apart the rest.
Fees and Cost Over Time
BITB charges 0.20% per year while QQQ charges 0.18%. On a $10,000 position that is $20 vs $18 annually, a gap of $2 per year that compounds over a long holding period. On income, BITB currently yields 0.00% against 0.44% for QQQ.
You are not choosing between two funds in isolation.
Whichever of BITB 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, BITB or QQQ?
BITB has an expense ratio of 0.20% while QQQ charges 0.18%. QQQ is the cheaper option, by $2 a year on a $10,000 investment.
Which performed better, BITB or QQQ?
Over the past year BITB returned -33.99% vs +22.10% for QQQ, so QQQ leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BITB or QQQ?
BITB has been the more volatile fund at 53.9% annualized versus 17.2% for QQQ. Worst drawdown: BITB -53.3% vs QQQ -22.8%.
Should I hold both BITB and QQQ?
BITB and QQQ have a monthly-return correlation of 0.37, 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, BITB or QQQ?
BITB yields 0.00% while QQQ yields 0.44%, so QQQ currently pays the higher dividend yield.
Is QQQ better than BITB?
QQQ has a lower expense ratio. QQQ led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.