NODE vs QQQ
VanEck Onchain Economy ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. QQQ delivered stronger 1-year returns. QQQ offers more diversification with 108 holdings.
Side-by-Side Comparison
| Metric | NODE | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.67% | 0.18% | |
| AUM | $58M | $496.3B | |
| Dividend Yield | 0.86% | 0.44% | |
| Holdings | 64 | 108 | |
| YTD Return | +3.23% | +19.52% | |
| 1Y Return | +11.84% | +26.68% | |
| 3Y Return (annualized) | - | +26.64% | |
| 5Y Return (annualized) | - | +15.36% | |
| Volatility (annualized) | 44.6% | 30.6% | |
| Max Drawdown | -36.0% | -83.0% | |
| Fund Family | VanEck | Invesco (US) | |
| Category | Equity | Equity | |
| Inception | May 13, 2025 | Mar 10, 1999 |
NODE vs QQQ Performance
VanEck Onchain Economy ETF (NODE) is a ETF from VanEck and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year NODE returned +11.84% while QQQ returned +26.68%. Year to date, NODE is up 3.23% versus a gain of 19.52% for QQQ.
Risk: Volatility and Drawdowns
NODE has been the more volatile fund, with annualized monthly volatility of 44.6% 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 -36.0% for NODE 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 0.86. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
NODE charges 0.67% per year while QQQ charges 0.18%. On a $10,000 position that is $67 vs $18 annually, a gap of $49 per year that compounds over a long holding period. On income, NODE currently yields 0.86% against 0.44% for QQQ.
Holdings Overlap
NODE and QQQ share 4 holdings out of 146 unique holdings combined, representing a 2.5% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, NODE or QQQ?
NODE has an expense ratio of 0.67% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $49 per year of difference.
Which performed better, NODE or QQQ?
Over the past year NODE returned +11.84% vs +26.68% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (1 years), NODE annualized +33.15% vs +13.14% for QQQ. Past performance does not guarantee future results.
Which is riskier, NODE or QQQ?
NODE has been the more volatile fund at 44.6% annualized versus 30.6% for QQQ. Worst drawdown: NODE -36.0% vs QQQ -83.0%.
Should I hold both NODE and QQQ?
NODE and QQQ have a monthly-return correlation of 0.86, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between NODE and QQQ?
NODE and QQQ share 4 common holdings with a 2.5% weight overlap. Combined, they hold 146 unique securities.
Which pays a higher dividend, NODE or QQQ?
NODE yields 0.86% while QQQ yields 0.44%, so NODE currently pays the higher dividend yield.
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