OCIO vs QQQ
Clearshares Ocio Etf vs Invesco QQQ Trust, Series 1
Which is better, OCIO or QQQ?
Allocation/Balanced against Large Cap Growth.
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window. QQQ is less concentrated, with 46.5% of the fund in its ten largest positions against 48.5%.
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 | OCIO | QQQ |
|---|---|---|
| Expense Ratio | 0.65% | 0.18%Best |
| AUM | $171M | $483.5B |
| Dividend Yield | 9.63% | 0.44% |
| Holdings | 72 | 107 |
| YTD Return | +7.89% | +15.18%Best |
| 1Y Return | +11.72% | +19.65%Best |
| 3Y Return (annualized) | +12.97% | +24.60%Best |
| 5Y Return (annualized) | +6.72% | +13.94%Best |
| Volatility (annualized) | 10.1%Best | 19.7% |
| Max Drawdown | -24.2%Best | -35.1% |
| $10,000 over 5 years | $13,843 | $19,204Best |
| Top 10 Weight | 48.5% | 46.5%Best |
| Fund Family | ClearShares ETFs | Invesco (US) |
| Category | Allocation/Balanced | Equity |
| Style | Allocation/Balanced | Large Cap Growth |
| Inception | Jun 26, 2017 | Mar 10, 1999 |
Volatility and max drawdown are measured over the window both funds cover: Jun 27, 2017 to Sep 15, 2026 (9.2 years).
OCIO 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 9.2 years both funds cover.
OCIO vs QQQ Performance
Clearshares Ocio Etf (OCIO) is an ETF from ClearShares ETFs and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year OCIO returned +11.72% while QQQ returned +19.65%. Year to date, OCIO is up 7.89% versus a gain of 15.18% for QQQ.
Over three years, OCIO compounded at +12.97% per year against +24.60% for QQQ; over five years the annualized figures are +6.72% and +13.94% respectively. Across the full 9-year window we track, QQQ has the edge at +19.76% annualized vs +6.80%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 19.7% compared with 10.1% for OCIO. 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 -24.2% for OCIO and -35.1% 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 0.88. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
OCIO charges 0.65% per year while QQQ charges 0.18%. On a $10,000 position that is $65 vs $18 annually, a gap of $47 per year that compounds over a long holding period. On income, OCIO currently yields 9.63% against 0.44% for QQQ.
Holdings Overlap
3.1% of OCIO's money is in holdings QQQ also owns. 45.9% of QQQ's money is in holdings OCIO also owns.
The two portfolios partly overlap.
10 positions in common, counted across the 55 positions we hold weights for in OCIO and 102 in QQQ, against full books of 72 and 107.
What only one of them owns
Our book lists 86 positions for QQQ that do not appear in our book for OCIO (51.6% of the fund), and 44 for OCIO that do not appear in QQQ (96.9%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in OCIO | Weight in QQQ | Difference |
|---|---|---|---|
| NVDANvidia Corp | 0.65% | 8.44% | 7.79% |
| AAPLApple, Inc | 0.74% | 7.27% | 6.53% |
| MSFTMicrosoft Corp | 0.49% | 5.76% | 5.27% |
| AMZNAmazon.Com Inc | 0.36% | 4.67% | 4.31% |
| MUMicron Technology, Inc. | 0.16% | 4.43% | 4.27% |
| AMDAdvanced Micro Devices Inc | 0.11% | 3.45% | 3.34% |
| GOOGLAlphabet Inc,class A | 0.15% | 3.36% | 3.21% |
| AVGOBroadcom Inc | 0.26% | 3.16% | 2.90% |
| GOOGAlphabet Inc | 0.13% | 3.13% | 3.00% |
| INTCIntel Corporation | 0.08% | 2.23% | 2.15% |
45.9% of QQQ is already inside OCIO.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, OCIO or QQQ?
OCIO has an expense ratio of 0.65% while QQQ charges 0.18%. QQQ is the cheaper option, by $47 a year on a $10,000 investment.
Which performed better, OCIO or QQQ?
Over the past year OCIO returned +11.72% vs +19.65% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (9 years), OCIO annualized +6.80% vs +19.76% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, OCIO or QQQ?
QQQ has been the more volatile fund at 19.7% annualized versus 10.1% for OCIO. Worst drawdown: OCIO -24.2% vs QQQ -35.1%.
Should I hold both OCIO and QQQ?
OCIO and QQQ have a monthly-return correlation of 0.88, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between OCIO and QQQ?
45.9% of QQQ's money is in holdings OCIO also owns. 45.9% of QQQ's is in holdings OCIO also owns. They hold 10 positions in common, counted across the 55 positions we hold weights for in OCIO and 102 in QQQ.
Which pays a higher dividend, OCIO or QQQ?
OCIO yields 9.63% while QQQ yields 0.44%, so OCIO currently pays the higher dividend yield.
Is QQQ better than OCIO?
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window. QQQ is less concentrated, with 46.5% of the fund in its ten largest positions against 48.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.