ONEZ vs QQQ
TrueShares Seasonality Laddered Buffered ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. QQQ delivered stronger 1-year returns. QQQ offers more diversification with 108 holdings.
Side-by-Side Comparison
| Metric | ONEZ | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.96% | 0.18% | |
| AUM | $350M | $496.3B | |
| Dividend Yield | 3.68% | 0.44% | |
| Holdings | 15 | 108 | |
| YTD Return | +8.04% | +16.64% | |
| 1Y Return | +9.29% | +27.27% | |
| 3Y Return (annualized) | - | +25.96% | |
| 5Y Return (annualized) | - | +14.54% | |
| Volatility (annualized) | 9.8% | 30.6% | |
| Max Drawdown | -13.2% | -83.0% | |
| Fund Family | TrueShares | Invesco (US) | |
| Category | Alternative | Equity | |
| Inception | Jan 27, 2025 | Mar 10, 1999 |
ONEZ vs QQQ Performance
TrueShares Seasonality Laddered Buffered ETF (ONEZ) is a ETF from TrueShares and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year ONEZ returned +9.29% while QQQ returned +27.27%. Year to date, ONEZ is up 8.04% versus a gain of 16.64% for QQQ.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% compared with 9.8% for ONEZ. 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 -13.2% for ONEZ 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 0.91. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
ONEZ charges 0.96% per year while QQQ charges 0.18%. On a $10,000 position that is $96 vs $18 annually, a gap of $78 per year that compounds over a long holding period. On income, ONEZ currently yields 3.68% against 0.44% for QQQ.
Holdings Overlap
ONEZ and QQQ share 0 holdings out of 117 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, ONEZ or QQQ?
ONEZ has an expense ratio of 0.96% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $78 per year of difference.
Which performed better, ONEZ or QQQ?
Over the past year ONEZ returned +9.29% vs +27.27% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (2 years), ONEZ annualized +8.32% vs +13.03% for QQQ. Past performance does not guarantee future results.
Which is riskier, ONEZ or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 9.8% for ONEZ. Worst drawdown: ONEZ -13.2% vs QQQ -83.0%.
Should I hold both ONEZ and QQQ?
ONEZ and QQQ have a monthly-return correlation of 0.91, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.
What is the holdings overlap between ONEZ and QQQ?
ONEZ and QQQ share 0 common holdings with a 0.0% weight overlap. Combined, they hold 117 unique securities.
Which pays a higher dividend, ONEZ or QQQ?
ONEZ yields 3.68% while QQQ yields 0.44%, so ONEZ currently pays the higher dividend yield.
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