DIME vs QQQ
CoinShares Altcoins ETF vs Invesco QQQ Trust, Series 1
Which is better, DIME or QQQ?
Multi Alternative against Large Cap Growth.
DIME has a lower expense ratio. QQQ led over the full window. QQQ is less concentrated, with 46.5% of the fund in its ten largest positions against 86.6%.
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 | DIME | QQQ |
|---|---|---|
| Expense Ratio | 0.00%Best | 0.18% |
| AUM | $3M | $476.0B |
| Dividend Yield | 0.00% | 0.43% |
| Holdings | 14 | 312 |
| Volatility (annualized) | 67.6% | 22.2%Best |
| Max Drawdown | -72.6% | -12.0%Best |
| $10,000 over 1 years | $4,066 | $11,856Best |
| Top 10 Weight | 86.6% | 46.5%Best |
| Fund Family | Valkyrie Funds | Invesco (US) |
| Category | Alternative | Equity |
| Style | Multi Alternative | Large Cap Growth |
| Inception | Oct 6, 2025 | Mar 10, 1999 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized).
The two price series end 24 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. DIME has data through Oct 20, 2026 and QQQ through Nov 13, 2026.
Volatility and max drawdown, and the $10,000 over 1 years row, are measured over the window both funds cover: Oct 7, 2025 to Oct 20, 2026 (1 years).
Risk: Volatility and Drawdowns
DIME has been the more volatile fund, with annualized monthly volatility of 67.6% compared with 22.2% 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 -72.6% for DIME and -12.0% 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 0.45. They move together some of the time, and apart the rest.
Fees and Cost Over Time
DIME charges 0.00% per year while QQQ charges 0.18%. On a $10,000 position that is $0 vs $18 annually, a gap of $18 per year that compounds over a long holding period. On income, DIME currently yields 0.00% against 0.43% for QQQ.
Holdings Overlap
We hold position weights for 13 holdings in DIME and 101 in QQQ, totalling 99.9% and 99.7% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 13 positions we hold weights for in DIME and 101 in QQQ, against full books of 14 and 312.
What only one of them owns
Our book lists 94 positions for QQQ that do not appear in our book for DIME (97.5% of the fund), and 1 for DIME that do not appear in QQQ (0.8%).
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 DIME 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, DIME or QQQ?
DIME has an expense ratio of 0.00% while QQQ charges 0.18%. DIME is the cheaper option, by $18 a year on a $10,000 investment.
Which is riskier, DIME or QQQ?
DIME has been the more volatile fund at 67.6% annualized versus 22.2% for QQQ. Worst drawdown: DIME -72.6% vs QQQ -12.0%.
Should I hold both DIME and QQQ?
DIME and QQQ have a monthly-return correlation of 0.45, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, DIME or QQQ?
DIME yields 0.00% while QQQ yields 0.43%, so QQQ currently pays the higher dividend yield.
Is QQQ better than DIME?
DIME has a lower expense ratio. QQQ led over the full window. QQQ is less concentrated, with 46.5% of the fund in its ten largest positions against 86.6%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.