OBIL vs QQQ
F/m US Treasury 12 Month Bill ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
OBIL has a lower expense ratio. QQQ delivered stronger 1-year returns. QQQ offers more diversification with 108 holdings.
Side-by-Side Comparison
| Metric | OBIL | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.15% | 0.18% | |
| AUM | $307M | $496.3B | |
| Dividend Yield | 3.93% | 0.44% | |
| Holdings | 2 | 108 | |
| YTD Return | +1.93% | +16.64% | |
| 1Y Return | +3.68% | +27.27% | |
| 3Y Return (annualized) | +4.50% | +25.96% | |
| 5Y Return (annualized) | - | +14.54% | |
| Volatility (annualized) | 0.7% | 30.6% | |
| Max Drawdown | -0.3% | -83.0% | |
| Fund Family | US Benchmark Series | Invesco (US) | |
| Category | Fixed Income | Equity | |
| Inception | Nov 14, 2022 | Mar 10, 1999 |
OBIL vs QQQ Performance
F/m US Treasury 12 Month Bill ETF (OBIL) is a ETF from US Benchmark Series and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year OBIL returned +3.68% while QQQ returned +27.27%. Year to date, OBIL is up 1.93% versus a gain of 16.64% for QQQ.
Over three years, OBIL compounded at +4.50% per year against +25.96% for QQQ. Across the full 4-year window we track, QQQ has the edge at +13.03% annualized vs +4.34%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% compared with 0.7% for OBIL. 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 -0.3% for OBIL 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 0.06. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
OBIL charges 0.15% per year while QQQ charges 0.18%. On a $10,000 position that is $15 vs $18 annually, a gap of $3 per year that compounds over a long holding period. On income, OBIL currently yields 3.93% against 0.44% for QQQ.
Frequently Asked Questions
Which is cheaper, OBIL or QQQ?
OBIL has an expense ratio of 0.15% while QQQ charges 0.18%. OBIL is the cheaper option. On a $10,000 investment, that is $3 per year of difference.
Which performed better, OBIL or QQQ?
Over the past year OBIL returned +3.68% vs +27.27% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (4 years), OBIL annualized +4.34% vs +13.03% for QQQ. Past performance does not guarantee future results.
Which is riskier, OBIL or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 0.7% for OBIL. Worst drawdown: OBIL -0.3% vs QQQ -83.0%.
Should I hold both OBIL and QQQ?
OBIL and QQQ have a monthly-return correlation of 0.06, so combining them can provide real diversification depending on your allocation goals.
Which pays a higher dividend, OBIL or QQQ?
OBIL yields 3.93% while QQQ yields 0.44%, so OBIL currently pays the higher dividend yield.
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