GOOX vs QQQ

GOOX vs QQQ
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Quick Verdict

QQQ has a lower expense ratio. GOOX delivered stronger 1-year returns. QQQ offers more diversification with 107 holdings.

Lower Fees: QQQHigher Returns: GOOXMore Diversified: QQQ

Side-by-Side Comparison

MetricGOOXQQQWinner
Expense Ratio1.05%0.18%
AUM$52M$486.1B
Dividend Yield0.00%0.44%
Holdings5107
YTD Return-2.67%+15.95%
1Y Return+101.17%+26.00%
3Y Return (annualized)-+24.11%
5Y Return (annualized)-+13.95%
Volatility (annualized)68.7%30.6%
Max Drawdown-52.5%-83.0%
Fund FamilyREX SharesInvesco (US)
CategoryAlternativeEquity
InceptionJan 11, 2024Mar 10, 1999

GOOX vs QQQ Performance

T-REX 2X LONG ALPHABET DAILY TARGET ETF (GOOX) is a ETF from REX Shares and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year GOOX returned +101.17% while QQQ returned +26.00%. Year to date, GOOX is down 2.67% versus a gain of 15.95% for QQQ.

Risk: Volatility and Drawdowns

GOOX has been the more volatile fund, with annualized monthly volatility of 68.7% 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 -52.5% for GOOX 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 0.55. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

GOOX charges 1.05% per year while QQQ charges 0.18%. On a $10,000 position that is $105 vs $18 annually, a gap of $87 per year that compounds over a long holding period. On income, GOOX currently yields 0.00% against 0.44% for QQQ.

Frequently Asked Questions

Which is cheaper, GOOX or QQQ?

GOOX has an expense ratio of 1.05% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $87 per year of difference.

Which performed better, GOOX or QQQ?

Over the past year GOOX returned +101.17% vs +26.00% for QQQ, so GOOX leads on 1-year performance. Over the longest common window we track (3 years), GOOX annualized +55.10% vs +12.99% for QQQ. Past performance does not guarantee future results.

Which is riskier, GOOX or QQQ?

GOOX has been the more volatile fund at 68.7% annualized versus 30.6% for QQQ. Worst drawdown: GOOX -52.5% vs QQQ -83.0%.

Should I hold both GOOX and QQQ?

GOOX and QQQ have a monthly-return correlation of 0.55, so combining them can provide real diversification depending on your allocation goals.

Which pays a higher dividend, GOOX or QQQ?

GOOX yields 0.00% while QQQ yields 0.44%, so QQQ currently pays the higher dividend yield.

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