NVDL vs QQQ
GraniteShares 2x Long NVDA Daily ETF vs Invesco QQQ Trust, Series 1
Which is better, NVDL or QQQ?
Multi Alternative against Large Cap Growth.
QQQ has a lower expense ratio. NVDL led over 3Y and 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 | NVDL | QQQ |
|---|---|---|
| Expense Ratio | 1.05% | 0.18%Best |
| AUM | $3.7B | $498.6B |
| Dividend Yield | 0.00% | 0.42% |
| Holdings | 4 | 321 |
| YTD Return | +28.29%Best | +22.67% |
| 1Y Return | +20.39% | +24.33%Best |
| 3Y Return (annualized) | +108.83%Best | +29.05% |
| 5Y Return (annualized) | - | +17.00% |
| Volatility (annualized) | 77.7% | 17.3%Best |
| Max Drawdown | -67.5% | -22.8%Best |
| $10,000 over 3.8 years | $294,144Best | $26,574 |
| Fund Family | GraniteShares | Invesco (US) |
| Category | Alternative | Equity |
| Style | Multi Alternative | Large Cap Growth |
| Inception | Dec 13, 2022 | Mar 10, 1999 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 3.8 years row, are measured over the window both funds cover: Dec 13, 2022 to Oct 2, 2026 (3.8 years).
NVDL 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.
NVDL vs QQQ Performance
GraniteShares 2x Long NVDA Daily ETF (NVDL) is an ETF from GraniteShares and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year NVDL returned +20.39% while QQQ returned +24.33%. Year to date, NVDL is up 28.29% versus a gain of 22.67% for QQQ.
Over three years, NVDL compounded at +108.83% per year against +29.05% for QQQ. Across the full 4-year window we track, NVDL has the edge at +143.48% annualized vs +29.33%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
NVDL has been the more volatile fund, with annualized monthly volatility of 77.7% compared with 17.3% 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 -67.5% for NVDL 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 0.67. They move together some of the time, and apart the rest.
Fees and Cost Over Time
NVDL charges 1.05% per year while QQQ charges 0.18%. On a $10,000 position that is $105 vs $18 annually, a gap of $87 per year that compounds over a long holding period. On income, NVDL currently yields 0.00% against 0.42% for QQQ.
You are not choosing between two funds in isolation.
Whichever of NVDL 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, NVDL or QQQ?
NVDL has an expense ratio of 1.05% while QQQ charges 0.18%. QQQ is the cheaper option, by $87 a year on a $10,000 investment.
Which performed better, NVDL or QQQ?
Over the past year NVDL returned +20.39% vs +24.33% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (4 years), NVDL annualized +143.48% vs +29.33% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, NVDL or QQQ?
NVDL has been the more volatile fund at 77.7% annualized versus 17.3% for QQQ. Worst drawdown: NVDL -67.5% vs QQQ -22.8%.
Should I hold both NVDL and QQQ?
NVDL and QQQ have a monthly-return correlation of 0.67, 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, NVDL or QQQ?
NVDL yields 0.00% while QQQ yields 0.42%, so QQQ currently pays the higher dividend yield.
Is QQQ better than NVDL?
QQQ has a lower expense ratio. NVDL led over 3Y and the full window, QQQ over 1Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.