DECO vs QQQ
State Street Galaxy Digital Asset Ecosystem ETF vs Invesco QQQ Trust, Series 1
Which is better, DECO or QQQ?
Option Writing against Large Cap Growth.
QQQ has a lower expense ratio. DECO led over 1Y, 3Y, 5Y and the full window. QQQ is less concentrated, with 46.5% of the fund in its ten largest positions against 63.5%.
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 | DECO | QQQ |
|---|---|---|
| Expense Ratio | 0.65% | 0.18%Best |
| AUM | $19M | $483.5B |
| Dividend Yield | 0.75% | 0.44% |
| Holdings | 32 | 107 |
| YTD Return | +53.31%Best | +20.41% |
| 1Y Return | +54.58%Best | +23.46% |
| 3Y Return (annualized) | +71.93%Best | +27.85% |
| 5Y Return (annualized) | +71.93%Best | +16.07% |
| Volatility (annualized) | 772966.1% | 30.6%Best |
| Max Drawdown | - | -83.0% |
| $10,000 over 5 years | $150,231Best | $21,067 |
| Top 10 Weight | 63.5% | 46.5%Best |
| Fund Family | SPDR State Street Global Advisors | Invesco (US) |
| Category | Alternative | Equity |
| Style | Option Writing | Large Cap Growth |
| Inception | Sep 9, 2024 | Mar 10, 1999 |
Volatility and max drawdown are measured over the window both funds cover: Jan 9, 2001 to Sep 28, 2026 (27.6 years).
DECO 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
DECO vs QQQ Performance
State Street Galaxy Digital Asset Ecosystem ETF (DECO) is an ETF from SPDR State Street Global Advisors and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year DECO returned +54.58% while QQQ returned +23.46%. Year to date, DECO is up 53.31% versus a gain of 20.41% for QQQ.
Over three years, DECO compounded at +71.93% per year against +27.85% for QQQ; over five years the annualized figures are +71.93% and +16.07% respectively. Across the full 26-year window we track, DECO has the edge at +24.94% annualized vs +13.11%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
DECO has been the more volatile fund, with annualized monthly volatility of 772966.1% compared with 30.6% for QQQ. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The two funds' monthly returns correlate at 0.02. They move largely independently of each other.
Fees and Cost Over Time
DECO 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, DECO currently yields 0.75% against 0.44% for QQQ.
Holdings Overlap
21.8% of DECO's money is in holdings QQQ also owns. 24.4% of QQQ's money is in holdings DECO also owns.
QQQ and DECO share little of their money.
7 positions in common, counted across the 31 positions we hold weights for in DECO and 102 in QQQ, against full books of 32 and 107.
What only one of them owns
Our book lists 89 positions for QQQ that do not appear in our book for DECO (73.1% of the fund), and 20 for DECO that do not appear in QQQ (71.1%).
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.
Top Shared Holdings
| Stock | Weight in DECO | Weight in QQQ | Difference |
|---|---|---|---|
| NVDANvidia Corp | 5.35% | 8.44% | 3.09% |
| MSFTMicrosoft Corp | 6.03% | 5.76% | 0.27% |
| MUMicron Technology, Inc. | 2.62% | 4.43% | 1.81% |
| CRWDCrowdstrike Holdings Inc | 3.08% | 0.94% | 2.14% |
| PANWPalo Alto Networks, Inc | 2.52% | 1.30% | 1.22% |
| AMATApplied Materials, Inc. | 1.01% | 1.86% | 0.85% |
| LRCXLam Research Corp | 1.17% | 1.69% | 0.52% |
24.4% of QQQ is already inside DECO.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, DECO or QQQ?
DECO 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, DECO or QQQ?
Over the past year DECO returned +54.58% vs +23.46% for QQQ, so DECO leads on 1-year performance. Over the longest common window we track (26 years), DECO annualized +24.94% vs +13.11% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, DECO or QQQ?
DECO has been the more volatile fund at 772966.1% annualized versus 30.6% for QQQ.
Should I hold both DECO and QQQ?
DECO and QQQ have a monthly-return correlation of 0.02, 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 DECO and QQQ?
24.4% of QQQ's money is in holdings DECO also owns. 24.4% of QQQ's is in holdings DECO also owns. They hold 7 positions in common, counted across the 31 positions we hold weights for in DECO and 102 in QQQ.
Which pays a higher dividend, DECO or QQQ?
DECO yields 0.75% while QQQ yields 0.44%, so DECO currently pays the higher dividend yield.
Is QQQ better than DECO?
QQQ has a lower expense ratio. DECO led over 1Y, 3Y, 5Y and the full window. QQQ is less concentrated, with 46.5% of the fund in its ten largest positions against 63.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.