BLKC vs QQQ
Invesco Alerian Galaxy Blockchain Users and Decentralized Commerce 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 108 holdings.
Side-by-Side Comparison
| Metric | BLKC | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.60% | 0.18% | |
| AUM | $4M | $496.3B | |
| Dividend Yield | 21.31% | 0.44% | |
| Holdings | 85 | 108 | |
| YTD Return | -15.28% | +17.07% | |
| 1Y Return | -2.78% | +26.39% | |
| 3Y Return (annualized) | +38.07% | +26.08% | |
| 5Y Return (annualized) | - | +15.18% | |
| Volatility (annualized) | 42.4% | 30.6% | |
| Max Drawdown | -72.8% | -83.0% | |
| Fund Family | Invesco (US) | Invesco (US) | |
| Category | Alternative | Equity | |
| Inception | Oct 7, 2021 | Mar 10, 1999 |
BLKC vs QQQ Performance
Invesco Alerian Galaxy Blockchain Users and Decentralized Commerce ETF (BLKC) is a ETF from Invesco (US) and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year BLKC returned -2.78% while QQQ returned +26.39%. Year to date, BLKC is down 15.28% versus a gain of 17.07% for QQQ.
Over three years, BLKC compounded at +38.07% per year against +26.08% for QQQ. Across the full 4-year window we track, QQQ has the edge at +13.05% annualized vs +2.34%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
BLKC has been the more volatile fund, with annualized monthly volatility of 42.4% 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 -72.8% for BLKC 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 0.80. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
BLKC charges 0.60% per year while QQQ charges 0.18%. On a $10,000 position that is $60 vs $18 annually, a gap of $42 per year that compounds over a long holding period. On income, BLKC currently yields 21.31% against 0.44% for QQQ.
Frequently Asked Questions
Which is cheaper, BLKC or QQQ?
BLKC has an expense ratio of 0.60% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $42 per year of difference.
Which performed better, BLKC or QQQ?
Over the past year BLKC returned -2.78% vs +26.39% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (4 years), BLKC annualized +2.34% vs +13.05% for QQQ. Past performance does not guarantee future results.
Which is riskier, BLKC or QQQ?
BLKC has been the more volatile fund at 42.4% annualized versus 30.6% for QQQ. Worst drawdown: BLKC -72.8% vs QQQ -83.0%.
Should I hold both BLKC and QQQ?
BLKC and QQQ have a monthly-return correlation of 0.80, so combining them can provide real diversification depending on your allocation goals.
Which pays a higher dividend, BLKC or QQQ?
BLKC yields 21.31% while QQQ yields 0.44%, so BLKC currently pays the higher dividend yield.
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