OILT vs QQQ
Texas Capital Texas Oil Index ETF vs Invesco QQQ Trust, Series 1
Which is better, OILT or QQQ?
Large Cap Blend against Large Cap Growth.
QQQ has a lower expense ratio. OILT led over 1Y, QQQ over the full window. QQQ is less concentrated, with 46.5% of the fund in its ten largest positions against 60.3%.
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 | OILT | QQQ |
|---|---|---|
| Expense Ratio | 0.35% | 0.18%Best |
| AUM | $14M | $483.5B |
| Dividend Yield | 2.55% | 0.44% |
| Holdings | 27 | 107 |
| YTD Return | +43.16%Best | +16.87% |
| 1Y Return | +46.45%Best | +22.98% |
| 3Y Return (annualized) | - | +24.98% |
| 5Y Return (annualized) | - | +14.39% |
| Volatility (annualized) | 25.1% | 16.9%Best |
| Max Drawdown | -35.2% | -22.8%Best |
| $10,000 over 2.7 years | $14,221 | $17,685Best |
| Top 10 Weight | 60.3% | 46.5%Best |
| Fund Family | Texas Capital | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Growth |
| Inception | Dec 20, 2023 | Mar 10, 1999 |
Volatility and max drawdown, and the $10,000 over 2.7 years row, are measured over the window both funds cover: Dec 21, 2023 to Sep 11, 2026 (2.7 years).
OILT 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 2.7 years both funds cover.
OILT vs QQQ Performance
Texas Capital Texas Oil Index ETF (OILT) is an ETF from Texas Capital and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year OILT returned +46.45% while QQQ returned +22.98%. Year to date, OILT is up 43.16% versus a gain of 16.87% for QQQ.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
OILT has been the more volatile fund, with annualized monthly volatility of 25.1% compared with 16.9% 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 -35.2% for OILT 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 -0.31. They move together some of the time, and apart the rest.
Fees and Cost Over Time
OILT charges 0.35% per year while QQQ charges 0.18%. On a $10,000 position that is $35 vs $18 annually, a gap of $17 per year that compounds over a long holding period. On income, OILT currently yields 2.55% against 0.44% for QQQ.
Holdings Overlap
7.3% of OILT's money is in holdings QQQ also owns. 0.2% of QQQ's money is in holdings OILT also owns.
OILT and QQQ share little of their money.
1 positions in common, counted across the 26 positions we hold weights for in OILT and 102 in QQQ, against full books of 27 and 107.
What only one of them owns
Our book lists 94 positions for QQQ that do not appear in our book for OILT (96.8% of the fund), and 21 for OILT that do not appear in QQQ (83.2%).
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 OILT | Weight in QQQ | Difference |
|---|---|---|---|
| FANGDiamondback Energy Inc. | 7.30% | 0.23% | 7.07% |
You are not choosing between two funds in isolation.
Whichever of OILT 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, OILT or QQQ?
OILT has an expense ratio of 0.35% while QQQ charges 0.18%. QQQ is the cheaper option, by $17 a year on a $10,000 investment.
Which performed better, OILT or QQQ?
Over the past year OILT returned +46.45% vs +22.98% for QQQ, so OILT leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, OILT or QQQ?
OILT has been the more volatile fund at 25.1% annualized versus 16.9% for QQQ. Worst drawdown: OILT -35.2% vs QQQ -22.8%.
Should I hold both OILT and QQQ?
OILT and QQQ have a monthly-return correlation of -0.31, 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 OILT and QQQ?
7.3% of OILT's money is in holdings QQQ also owns. 0.2% of QQQ's is in holdings OILT also owns. They hold 1 positions in common, counted across the 26 positions we hold weights for in OILT and 102 in QQQ.
Which pays a higher dividend, OILT or QQQ?
OILT yields 2.55% while QQQ yields 0.44%, so OILT currently pays the higher dividend yield.
Is QQQ better than OILT?
QQQ has a lower expense ratio. OILT led over 1Y, QQQ over the full window. QQQ is less concentrated, with 46.5% of the fund in its ten largest positions against 60.3%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.