HOOX vs QQQ
Defiance Daily Target 2X Long HOOD ETF vs Invesco QQQ Trust, Series 1
Which is better, HOOX or QQQ?
Leverage Strategy against Large Cap Growth.
QQQ has a lower expense ratio. HOOX led over the full window, QQQ over 1Y.
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 | HOOX | QQQ |
|---|---|---|
| Expense Ratio | 1.29% | 0.18%Best |
| AUM | $15M | $483.5B |
| Dividend Yield | 8.76% | 0.44% |
| Holdings | 20 | 107 |
| YTD Return | -40.85% | +15.86%Best |
| 1Y Return | -59.48% | +22.63%Best |
| 3Y Return (annualized) | - | +24.15% |
| 5Y Return (annualized) | - | +14.16% |
| Volatility (annualized) | 145.3% | 19.3%Best |
| Max Drawdown | -88.6% | -15.7%Best |
| $10,000 over 1.5 years | $22,510Best | $14,932 |
| Fund Family | Defiance ETFs, LLC | Invesco (US) |
| Category | Alternative | Equity |
| Style | Leverage Strategy | Large Cap Growth |
| Inception | Mar 18, 2025 | Mar 10, 1999 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 1.5 years row, are measured over the window both funds cover: Mar 19, 2025 to Sep 10, 2026 (1.5 years).
HOOX 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.
HOOX vs QQQ Performance
Defiance Daily Target 2X Long HOOD ETF (HOOX) is an ETF from Defiance ETFs, LLC and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year HOOX returned -59.48% while QQQ returned +22.63%. Year to date, HOOX is down 40.85% versus a gain of 15.86% for QQQ.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
HOOX has been the more volatile fund, with annualized monthly volatility of 145.3% compared with 19.3% 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 -88.6% for HOOX and -15.7% 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 0.62. They move together some of the time, and apart the rest.
Fees and Cost Over Time
HOOX charges 1.29% per year while QQQ charges 0.18%. On a $10,000 position that is $129 vs $18 annually, a gap of $111 per year that compounds over a long holding period. On income, HOOX currently yields 8.76% against 0.44% for QQQ.
Holdings Overlap
We hold position weights for 2 holdings in HOOX and 102 in QQQ, totalling 43.8% and 99.9% 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 2 positions we hold weights for in HOOX and 102 in QQQ, against full books of 20 and 107.
You are not choosing between two funds in isolation.
Whichever of HOOX 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, HOOX or QQQ?
HOOX has an expense ratio of 1.29% while QQQ charges 0.18%. QQQ is the cheaper option, by $111 a year on a $10,000 investment.
Which performed better, HOOX or QQQ?
Over the past year HOOX returned -59.48% vs +22.63% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (2 years), HOOX annualized +71.76% vs +30.64% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, HOOX or QQQ?
HOOX has been the more volatile fund at 145.3% annualized versus 19.3% for QQQ. Worst drawdown: HOOX -88.6% vs QQQ -15.7%.
Should I hold both HOOX and QQQ?
HOOX and QQQ have a monthly-return correlation of 0.62, 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, HOOX or QQQ?
HOOX yields 8.76% while QQQ yields 0.44%, so HOOX currently pays the higher dividend yield.
Is QQQ better than HOOX?
QQQ has a lower expense ratio. HOOX led over the full window, QQQ over 1Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.