MAXI vs QQQ
Simplify Bitcoin Strategy ETF vs Invesco QQQ Trust, Series 1
Which is better, MAXI or QQQ?
Multi Alternative against Large Cap Growth.
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y 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 | MAXI | QQQ |
|---|---|---|
| Expense Ratio | 1.31% | 0.18%Best |
| AUM | $34M | $483.5B |
| Dividend Yield | 27.59% | 0.44% |
| Holdings | 14 | 107 |
| YTD Return | -9.40% | +17.21%Best |
| 1Y Return | -46.45% | +22.10%Best |
| 3Y Return (annualized) | +23.82% | +25.27%Best |
| 5Y Return (annualized) | - | +14.60% |
| Volatility (annualized) | 65.2% | 18.0%Best |
| Max Drawdown | -69.8% | -22.8%Best |
| $10,000 over 4 years | $26,510 | $27,692Best |
| Fund Family | Simplify Exchange Traded Funds | Invesco (US) |
| Category | Alternative | Equity |
| Style | Multi Alternative | Large Cap Growth |
| Inception | Sep 29, 2022 | Mar 10, 1999 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 4 years row, are measured over the window both funds cover: Sep 30, 2022 to Sep 17, 2026 (4 years).
MAXI 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 4 years both funds cover.
MAXI vs QQQ Performance
Simplify Bitcoin Strategy ETF (MAXI) is an ETF from Simplify Exchange Traded Funds and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year MAXI returned -46.45% while QQQ returned +22.10%. Year to date, MAXI is down 9.40% versus a gain of 17.21% for QQQ.
Over three years, MAXI compounded at +23.82% per year against +25.27% for QQQ. Across the full 4-year window we track, QQQ has the edge at +29.00% annualized vs +27.60%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
MAXI has been the more volatile fund, with annualized monthly volatility of 65.2% compared with 18.0% 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 -69.8% for MAXI and -22.8% 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 0.37. They move together some of the time, and apart the rest.
Fees and Cost Over Time
MAXI charges 1.31% per year while QQQ charges 0.18%. On a $10,000 position that is $131 vs $18 annually, a gap of $113 per year that compounds over a long holding period. On income, MAXI currently yields 27.59% against 0.44% for QQQ.
Holdings Overlap
We hold position weights for 1 holding in MAXI and 102 in QQQ, totalling 45.5% 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 MAXI and 102 in QQQ, against full books of 14 and 107.
You are not choosing between two funds in isolation.
Whichever of MAXI 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, MAXI or QQQ?
MAXI has an expense ratio of 1.31% while QQQ charges 0.18%. QQQ is the cheaper option, by $113 a year on a $10,000 investment.
Which performed better, MAXI or QQQ?
Over the past year MAXI returned -46.45% vs +22.10% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (4 years), MAXI annualized +27.60% vs +29.00% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, MAXI or QQQ?
MAXI has been the more volatile fund at 65.2% annualized versus 18.0% for QQQ. Worst drawdown: MAXI -69.8% vs QQQ -22.8%.
Should I hold both MAXI and QQQ?
MAXI and QQQ have a monthly-return correlation of 0.37, 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, MAXI or QQQ?
MAXI yields 27.59% while QQQ yields 0.44%, so MAXI currently pays the higher dividend yield.
Is QQQ better than MAXI?
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.