BITS vs QQQ
Global X Blockchain & Bitcoin Strategy ETF vs Invesco QQQ Trust, Series 1
Which is better, BITS or QQQ?
Multi Alternative against Large Cap Growth.
QQQ has a lower expense ratio. BITS led over 3Y, QQQ 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 | BITS | QQQ |
|---|---|---|
| Expense Ratio | 0.65% | 0.18%Best |
| AUM | $25M | $486.1B |
| Dividend Yield | 25.64% | 0.44% |
| Holdings | 5 | 107 |
| YTD Return | +0.84% | +17.54%Best |
| 1Y Return | +5.20% | +25.59%Best |
| 3Y Return (annualized) | +51.65%Best | +24.63% |
| 5Y Return (annualized) | - | +14.18% |
| Volatility (annualized) | 64.0% | 21.0%Best |
| Max Drawdown | -83.1% | -35.1%Best |
| $10,000 over 4.8 years | $10,807 | $18,622Best |
| Fund Family | Global X by mirae Asset | Invesco (US) |
| Category | Alternative | Equity |
| Style | Multi Alternative | Large Cap Growth |
| Inception | Nov 15, 2021 | Mar 10, 1999 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 4.8 years row, are measured over the window both funds cover: Nov 16, 2021 to Sep 4, 2026 (4.8 years).
BITS 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 4.8 years both funds cover.
BITS vs QQQ Performance
Global X Blockchain & Bitcoin Strategy ETF (BITS) is an ETF from Global X by mirae Asset and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year BITS returned +5.20% while QQQ returned +25.59%. Year to date, BITS is up 0.84% versus a gain of 17.54% for QQQ.
Over three years, BITS compounded at +51.65% per year against +24.63% for QQQ.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
BITS has been the more volatile fund, with annualized monthly volatility of 64.0% compared with 21.0% 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 -83.1% for BITS and -35.1% 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 0.69. They move together some of the time, and apart the rest.
Fees and Cost Over Time
BITS charges 0.65% per year while QQQ charges 0.18%. On a $10,000 position that is $65 vs $18 annually, a gap of $47 per year that compounds over a long holding period. On income, BITS currently yields 25.64% against 0.44% for QQQ.
Holdings Overlap
We hold position weights for 3 holdings in BITS and 102 in QQQ, totalling 98.0% 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 3 positions we hold weights for in BITS and 102 in QQQ, against full books of 5 and 107.
You are not choosing between two funds in isolation.
Whichever of BITS 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, BITS or QQQ?
BITS has an expense ratio of 0.65% while QQQ charges 0.18%. QQQ is the cheaper option, by $47 a year on a $10,000 investment.
Which performed better, BITS or QQQ?
Over the past year BITS returned +5.20% vs +25.59% 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, BITS or QQQ?
BITS has been the more volatile fund at 64.0% annualized versus 21.0% for QQQ. Worst drawdown: BITS -83.1% vs QQQ -35.1%.
Should I hold both BITS and QQQ?
BITS and QQQ have a monthly-return correlation of 0.69, 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, BITS or QQQ?
BITS yields 25.64% while QQQ yields 0.44%, so BITS currently pays the higher dividend yield.
Is QQQ better than BITS?
QQQ has a lower expense ratio. BITS led over 3Y, QQQ over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.