KBAB vs QQQ
KraneShares 2x Long BABA Daily ETF vs Invesco QQQ Trust, Series 1
Which is better, KBAB or QQQ?
Leverage Strategy against Large Cap Growth.
QQQ has a lower expense ratio. QQQ led over 1Y and the full window.
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 | KBAB | QQQ |
|---|---|---|
| Expense Ratio | 0.99% | 0.18%Best |
| AUM | $3M | $483.5B |
| Dividend Yield | 118.17% | 0.44% |
| Holdings | 2 | 107 |
| YTD Return | -55.87% | +17.95%Best |
| 1Y Return | -62.55% | +21.77%Best |
| 3Y Return (annualized) | - | +25.63% |
| 5Y Return (annualized) | - | +15.24% |
| Volatility (annualized) | 101.2% | 19.1%Best |
| Max Drawdown | -79.0% | -15.7%Best |
| $10,000 over 1.5 years | $4,615 | $15,157Best |
| Fund Family | KraneShares | Invesco (US) |
| Category | Alternative | Equity |
| Style | Leverage Strategy | Large Cap Growth |
| Inception | Mar 11, 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 12, 2025 to Sep 18, 2026 (1.5 years).
KBAB 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 covers the 1.5 years both funds cover.
KBAB vs QQQ Performance
KraneShares 2x Long BABA Daily ETF (KBAB) is an ETF from KraneShares and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year KBAB returned -62.55% while QQQ returned +21.77%. Year to date, KBAB is down 55.87% versus a gain of 17.95% for QQQ.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
KBAB has been the more volatile fund, with annualized monthly volatility of 101.2% compared with 19.1% 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 -79.0% for KBAB 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 0.02. They move largely independently of each other.
Fees and Cost Over Time
KBAB charges 0.99% per year while QQQ charges 0.18%. On a $10,000 position that is $99 vs $18 annually, a gap of $81 per year that compounds over a long holding period. On income, KBAB currently yields 118.17% against 0.44% for QQQ.
Holdings Overlap
We hold position weights for 1 holding in KBAB and 102 in QQQ, totalling 200.0% 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 1 positions we hold weights for in KBAB and 102 in QQQ, against full books of 2 and 107.
You are not choosing between two funds in isolation.
Whichever of KBAB 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, KBAB or QQQ?
KBAB has an expense ratio of 0.99% while QQQ charges 0.18%. QQQ is the cheaper option, by $81 a year on a $10,000 investment.
Which performed better, KBAB or QQQ?
Over the past year KBAB returned -62.55% vs +21.77% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (2 years), KBAB annualized -40.28% vs +31.95% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, KBAB or QQQ?
KBAB has been the more volatile fund at 101.2% annualized versus 19.1% for QQQ. Worst drawdown: KBAB -79.0% vs QQQ -15.7%.
Should I hold both KBAB and QQQ?
KBAB 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.
Which pays a higher dividend, KBAB or QQQ?
KBAB yields 118.17% while QQQ yields 0.44%, so KBAB currently pays the higher dividend yield.
Is QQQ better than KBAB?
QQQ has a lower expense ratio. QQQ led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.