ETH vs QQQ
Grayscale Ethereum Staking Mini ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
ETH has a lower expense ratio. QQQ delivered stronger 1-year returns. QQQ offers more diversification with 103 holdings.
Side-by-Side Comparison
| Metric | ETH | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.15% | 0.18% | |
| AUM | $1.6B | $455.8B | |
| Dividend Yield | 0.00% | 0.41% | |
| Holdings | 1 | 108 | |
| YTD Return | -39.23% | +17.85% | |
| 1Y Return | -55.37% | +26.45% | |
| 3Y Return (annualized) | - | +26.07% | |
| 5Y Return (annualized) | - | +15.16% | |
| Volatility (annualized) | 73.9% | 30.6% | |
| Max Drawdown | -67.5% | -83.0% | |
| Fund Family | Grayscale | Invesco (US) | |
| Category | Alternative | Equity | |
| Inception | Jul 23, 2024 | Mar 10, 1999 |
ETH vs QQQ Performance
Grayscale Ethereum Staking Mini ETF (ETH) is a ETF from Grayscale and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year ETH returned -55.37% while QQQ returned +26.45%. Year to date, ETH is down 39.23% versus a gain of 17.85% for QQQ.
Risk: Volatility and Drawdowns
ETH has been the more volatile fund, with annualized monthly volatility of 73.9% 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 -67.5% for ETH 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 0.32. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
ETH charges 0.15% per year while QQQ charges 0.18%. On a $10,000 position that is $15 vs $18 annually, a gap of $3 per year that compounds over a long holding period. On income, ETH currently yields 0.00% against 0.41% for QQQ.
Frequently Asked Questions
Which is cheaper, ETH or QQQ?
ETH has an expense ratio of 0.15% while QQQ charges 0.18%. ETH is the cheaper option. On a $10,000 investment, that is $3 per year of difference.
Which performed better, ETH or QQQ?
Over the past year ETH returned -55.37% vs +26.45% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (2 years), ETH annualized -25.47% vs +13.09% for QQQ. Past performance does not guarantee future results.
Which is riskier, ETH or QQQ?
ETH has been the more volatile fund at 73.9% annualized versus 30.6% for QQQ. Worst drawdown: ETH -67.5% vs QQQ -83.0%.
Should I hold both ETH and QQQ?
ETH and QQQ have a monthly-return correlation of 0.32, so combining them can provide real diversification depending on your allocation goals.
Which pays a higher dividend, ETH or QQQ?
ETH yields 0.00% while QQQ yields 0.41%, 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.