BLCN vs QQQ
Siren NexGen Economy ETF vs Invesco QQQ Trust, Series 1
Which is better, BLCN or QQQ?
Multi Alternative against Large Cap Growth.
QQQ has a lower expense ratio. QQQ led over 1Y and the full window. QQQ is less concentrated, with 46.5% of the fund in its ten largest positions against 61.9%.
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 | BLCN | QQQ |
|---|---|---|
| Expense Ratio | 0.68% | 0.18%Best |
| AUM | $33M | $483.5B |
| Dividend Yield | 2.71% | 0.44% |
| Holdings | 27 | 107 |
| Volatility (annualized) | 28.1% | 20.1%Best |
| Max Drawdown | -67.5% | -35.1%Best |
| $10,000 over 8.5 years | $10,984 | $44,945Best |
| Top 10 Weight | 61.9% | 46.5%Best |
| Fund Family | SRN Advisors | Invesco (US) |
| Category | Alternative | Equity |
| Style | Multi Alternative | Large Cap Growth |
| Inception | Jan 16, 2018 | Mar 10, 1999 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized).
The two price series end 59 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. BLCN has data through Jul 14, 2026 and QQQ through Sep 11, 2026.
Volatility and max drawdown, and the $10,000 over 8.5 years row, are measured over the window both funds cover: Jan 17, 2018 to Jul 14, 2026 (8.5 years).
Risk: Volatility and Drawdowns
BLCN has been the more volatile fund, with annualized monthly volatility of 28.1% compared with 20.1% 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 -67.5% for BLCN 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 0.81. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
BLCN charges 0.68% per year while QQQ charges 0.18%. On a $10,000 position that is $68 vs $18 annually, a gap of $50 per year that compounds over a long holding period. On income, BLCN currently yields 2.71% against 0.44% for QQQ.
Holdings Overlap
5.7% of BLCN's money is in holdings QQQ also owns. 9.2% of QQQ's money is in holdings BLCN also owns.
QQQ and BLCN share little of their money.
The two holdings books were reported 97 days apart, BLCN as of Apr 30, 2026 and QQQ as of Aug 5, 2026, so some of the difference between them is the time between the two reports rather than the funds.
2 positions in common, counted across the 22 positions we hold weights for in BLCN and 102 in QQQ, against full books of 27 and 107.
What only one of them owns
Our book lists 93 positions for QQQ that do not appear in our book for BLCN (87.8% of the fund), and 8 for BLCN that do not appear in QQQ (44.2%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
You are not choosing between two funds in isolation.
Whichever of BLCN 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, BLCN or QQQ?
BLCN has an expense ratio of 0.68% while QQQ charges 0.18%. QQQ is the cheaper option, by $50 a year on a $10,000 investment.
Which is riskier, BLCN or QQQ?
BLCN has been the more volatile fund at 28.1% annualized versus 20.1% for QQQ. Worst drawdown: BLCN -67.5% vs QQQ -35.1%.
Should I hold both BLCN and QQQ?
BLCN and QQQ have a monthly-return correlation of 0.81, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between BLCN and QQQ?
9.2% of QQQ's money is in holdings BLCN also owns. 9.2% of QQQ's is in holdings BLCN also owns. They hold 2 positions in common, counted across the 22 positions we hold weights for in BLCN and 102 in QQQ.
Which pays a higher dividend, BLCN or QQQ?
BLCN yields 2.71% while QQQ yields 0.44%, so BLCN currently pays the higher dividend yield.
Is QQQ better than BLCN?
QQQ has a lower expense ratio. QQQ led over 1Y and the full window. QQQ is less concentrated, with 46.5% of the fund in its ten largest positions against 61.9%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.