MSOX vs QQQ

MSOX vs QQQ
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Quick Verdict

QQQ has a lower expense ratio. QQQ delivered stronger 1-year returns. QQQ offers more diversification with 108 holdings.

Lower Fees: QQQHigher Returns: QQQMore Diversified: QQQ

Side-by-Side Comparison

MetricMSOXQQQWinner
Expense Ratio0.97%0.18%
AUM$59M$496.3B
Dividend Yield0.00%0.44%
Holdings9108
YTD Return-39.65%+16.23%
1Y Return-67.64%+26.23%
3Y Return (annualized)-61.95%+25.75%
5Y Return (annualized)-+14.78%
Volatility (annualized)163.8%30.6%
Max Drawdown-99.8%-83.0%
Fund FamilyAdvisorShares TrustInvesco (US)
CategoryAlternativeEquity
InceptionAug 23, 2022Mar 10, 1999

MSOX vs QQQ Performance

AdvisorShares MSOS Daily Leveraged ETF (MSOX) is a ETF from AdvisorShares Trust and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year MSOX returned -67.64% while QQQ returned +26.23%. Year to date, MSOX is down 39.65% versus a gain of 16.23% for QQQ.

Over three years, MSOX compounded at -61.95% per year against +25.75% for QQQ. Across the full 4-year window we track, QQQ has the edge at +13.02% annualized vs -73.75%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

MSOX has been the more volatile fund, with annualized monthly volatility of 163.8% 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 -99.8% for MSOX 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 0.18. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

MSOX charges 0.97% per year while QQQ charges 0.18%. On a $10,000 position that is $97 vs $18 annually, a gap of $79 per year that compounds over a long holding period. On income, MSOX currently yields 0.00% against 0.44% for QQQ.

Holdings Overlap

0.0%overlap

MSOX and QQQ share 0 holdings out of 104 unique holdings combined, representing a 0.0% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Frequently Asked Questions

Which is cheaper, MSOX or QQQ?

MSOX has an expense ratio of 0.97% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $79 per year of difference.

Which performed better, MSOX or QQQ?

Over the past year MSOX returned -67.64% vs +26.23% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (4 years), MSOX annualized -73.75% vs +13.02% for QQQ. Past performance does not guarantee future results.

Which is riskier, MSOX or QQQ?

MSOX has been the more volatile fund at 163.8% annualized versus 30.6% for QQQ. Worst drawdown: MSOX -99.8% vs QQQ -83.0%.

Should I hold both MSOX and QQQ?

MSOX and QQQ have a monthly-return correlation of 0.18, so combining them can provide real diversification depending on your allocation goals.

What is the holdings overlap between MSOX and QQQ?

MSOX and QQQ share 0 common holdings with a 0.0% weight overlap. Combined, they hold 104 unique securities.

Which pays a higher dividend, MSOX or QQQ?

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

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