BTX vs QQQ
BlackRock Technology and Private Equity Term Trust vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. BTX delivered stronger 1-year returns. QQQ offers more diversification with 103 holdings.
Side-by-Side Comparison
| Metric | BTX | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 1.35% | 0.18% | |
| AUM | $1.1B | $455.8B | |
| Dividend Yield | 6.72% | 0.41% | |
| Holdings | 82 | 108 | |
| YTD Return | +35.02% | +17.46% | |
| 1Y Return | +27.96% | +26.02% | |
| 3Y Return (annualized) | +14.74% | +25.51% | |
| 5Y Return (annualized) | -5.79% | +15.12% | |
| Volatility (annualized) | 27.7% | 30.6% | |
| Max Drawdown | -67.3% | -83.0% | |
| Fund Family | BlackRock, Inc. (US) | Invesco (US) | |
| Category | Equity | Equity | |
| Inception | Mar 26, 2021 | Mar 10, 1999 |
BTX vs QQQ Performance
BlackRock Technology and Private Equity Term Trust (BTX) is a ETF from BlackRock, Inc. (US) and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year BTX returned +27.96% while QQQ returned +26.02%. Year to date, BTX is up 35.02% versus a gain of 17.46% for QQQ.
Over three years, BTX compounded at +14.74% per year against +25.51% for QQQ; over five years the annualized figures are -5.79% and +15.12% respectively. Across the full 5-year window we track, QQQ has the edge at +13.08% annualized vs -5.49%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% compared with 27.7% for BTX. 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 -67.3% for BTX 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 0.82. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
BTX charges 1.35% per year while QQQ charges 0.18%. On a $10,000 position that is $135 vs $18 annually, a gap of $117 per year that compounds over a long holding period. On income, BTX currently yields 6.72% against 0.41% for QQQ.
Holdings Overlap
BTX and QQQ share 13 holdings out of 147 unique holdings combined, representing a 15.6% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, BTX or QQQ?
BTX has an expense ratio of 1.35% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $117 per year of difference.
Which performed better, BTX or QQQ?
Over the past year BTX returned +27.96% vs +26.02% for QQQ, so BTX leads on 1-year performance. Over the longest common window we track (5 years), BTX annualized -5.49% vs +13.08% for QQQ. Past performance does not guarantee future results.
Which is riskier, BTX or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 27.7% for BTX. Worst drawdown: BTX -67.3% vs QQQ -83.0%.
Should I hold both BTX and QQQ?
BTX and QQQ have a monthly-return correlation of 0.82, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between BTX and QQQ?
BTX and QQQ share 13 common holdings with a 15.6% weight overlap. Combined, they hold 147 unique securities.
Which pays a higher dividend, BTX or QQQ?
BTX yields 6.72% while QQQ yields 0.41%, so BTX 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.