OILD vs QQQ
MicroSectors Oil & Gas Exploration & Production -3X Inverse Leveraged ETN vs Invesco QQQ Trust, Series 1
Which is better, OILD or QQQ?
Energy 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 46.9% of the fund in its ten largest positions against 68.6%.
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 | OILD | QQQ |
|---|---|---|
| Expense Ratio | 0.95% | 0.18%Best |
| AUM | $30M | $437.3B |
| Dividend Yield | 0.00% | 0.43% |
| Holdings | 25 | 208 |
| YTD Return | -68.39% | +7.37%Best |
| 1Y Return | -72.97% | +7.77%Best |
| 3Y Return (annualized) | -47.77% | +21.44%Best |
| 5Y Return (annualized) | -58.74% | +11.19%Best |
| Volatility (annualized) | 73.5% | 21.1%Best |
| Max Drawdown | - | -35.1% |
| $10,000 over 5 years | $120 | $16,995Best |
| Top 10 Weight | 68.6% | 46.9%Best |
| Fund Family | BMO Capital Markets | Invesco (US) |
| Category | Commodity | Equity |
| Style | Energy | Large Cap Growth |
| Inception | Nov 8, 2021 | Mar 10, 1999 |
Volatility and max drawdown are measured over the window both funds cover: Nov 9, 2021 to Nov 6, 2026 (5 years).
OILD 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 5 years both funds cover.
OILD vs QQQ Performance
MicroSectors Oil & Gas Exploration & Production -3X Inverse Leveraged ETN (OILD) is an ETF from BMO Capital Markets and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year OILD returned -72.97% while QQQ returned +7.77%. Year to date, OILD is down 68.39% versus a gain of 7.37% for QQQ.
Over three years, OILD compounded at -47.77% per year against +21.44% for QQQ; over five years the annualized figures are -58.74% and +11.19% respectively.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
OILD has been the more volatile fund, with annualized monthly volatility of 73.5% compared with 21.1% for QQQ. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The two funds' monthly returns correlate at -0.04. They move largely independently of each other.
Fees and Cost Over Time
OILD charges 0.95% per year while QQQ charges 0.18%. On a $10,000 position that is $95 vs $18 annually, a gap of $77 per year that compounds over a long holding period. On income, OILD currently yields 0.00% against 0.43% for QQQ.
Holdings Overlap
7.7% of OILD's money is in holdings QQQ also owns. 0.5% of QQQ's money is in holdings OILD also owns.
OILD and QQQ share little of their money.
2 positions in common, counted across the 25 positions we hold weights for in OILD and 101 in QQQ, against full books of 25 and 208.
What only one of them owns
Our book lists 92 positions for QQQ that do not appear in our book for OILD (96.7% of the fund), and 22 for OILD that do not appear in QQQ (90.6%).
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.
You are not choosing between two funds in isolation.
Whichever of OILD 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, OILD or QQQ?
OILD has an expense ratio of 0.95% while QQQ charges 0.18%. QQQ is the cheaper option, by $77 a year on a $10,000 investment.
Which performed better, OILD or QQQ?
Over the past year OILD returned -72.97% vs +7.77% for QQQ, so QQQ leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, OILD or QQQ?
OILD has been the more volatile fund at 73.5% annualized versus 21.1% for QQQ.
Should I hold both OILD and QQQ?
OILD and QQQ have a monthly-return correlation of -0.04, 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 OILD and QQQ?
7.7% of OILD's money is in holdings QQQ also owns. 0.5% of QQQ's is in holdings OILD also owns. They hold 2 positions in common, counted across the 25 positions we hold weights for in OILD and 101 in QQQ.
Which pays a higher dividend, OILD or QQQ?
OILD yields 0.00% while QQQ yields 0.43%, so QQQ currently pays the higher dividend yield.
Is QQQ better than OILD?
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window. QQQ is less concentrated, with 46.9% of the fund in its ten largest positions against 68.6%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.