BOIL vs QQQ
ProShares Ultra Bloomberg Natural Gas 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 | BOIL | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.95% | 0.18% | |
| AUM | $372M | $496.3B | |
| Dividend Yield | 0.00% | 0.44% | |
| Holdings | 3 | 108 | |
| YTD Return | -55.95% | +16.64% | |
| 1Y Return | -66.85% | +27.27% | |
| 3Y Return (annualized) | -68.57% | +25.96% | |
| 5Y Return (annualized) | -70.34% | +14.54% | |
| Volatility (annualized) | 93.4% | 30.6% | |
| Max Drawdown | -100.0% | -83.0% | |
| Fund Family | ProShares | Invesco (US) | |
| Category | Alternative | Equity | |
| Inception | Oct 4, 2011 | Mar 10, 1999 |
BOIL vs QQQ Performance
ProShares Ultra Bloomberg Natural Gas (BOIL) is a ETF from ProShares and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year BOIL returned -66.85% while QQQ returned +27.27%. Year to date, BOIL is down 55.95% versus a gain of 16.64% for QQQ.
Over three years, BOIL compounded at -68.57% per year against +25.96% for QQQ; over five years the annualized figures are -70.34% and +14.54% respectively. Across the full 15-year window we track, QQQ has the edge at +13.03% annualized vs -58.06%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
BOIL has been the more volatile fund, with annualized monthly volatility of 93.4% 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 -100.0% for BOIL 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 0.02. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
BOIL 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, BOIL currently yields 0.00% against 0.44% for QQQ.
Holdings Overlap
BOIL and QQQ share 0 holdings out of 103 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, BOIL or QQQ?
BOIL 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, BOIL or QQQ?
Over the past year BOIL returned -66.85% vs +27.27% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (15 years), BOIL annualized -58.06% vs +13.03% for QQQ. Past performance does not guarantee future results.
Which is riskier, BOIL or QQQ?
BOIL has been the more volatile fund at 93.4% annualized versus 30.6% for QQQ. Worst drawdown: BOIL -100.0% vs QQQ -83.0%.
Should I hold both BOIL and QQQ?
BOIL and QQQ have a monthly-return correlation of 0.02, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between BOIL and QQQ?
BOIL and QQQ share 0 common holdings with a 0.0% weight overlap. Combined, they hold 103 unique securities.
Which pays a higher dividend, BOIL or QQQ?
BOIL yields 0.00% while QQQ yields 0.44%, so QQQ currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.