OOQB vs QQQ
One+One Nasdaq-100 and Bitcoin 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 | OOQB | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.85% | 0.18% | |
| AUM | $696,442.48 | $496.3B | |
| Dividend Yield | 13.88% | 0.44% | |
| Holdings | 4 | 108 | |
| YTD Return | -20.22% | +16.64% | |
| 1Y Return | +9.78% | +27.27% | |
| 3Y Return (annualized) | - | +25.96% | |
| 5Y Return (annualized) | - | +14.54% | |
| Volatility (annualized) | 43.8% | 30.6% | |
| Max Drawdown | -53.4% | -83.0% | |
| Fund Family | Volatility Shares, LLC | Invesco (US) | |
| Category | Alternative | Equity | |
| Inception | Feb 19, 2025 | Mar 10, 1999 |
OOQB vs QQQ Performance
One+One Nasdaq-100 and Bitcoin ETF (OOQB) is a ETF from Volatility Shares, LLC and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year OOQB returned +9.78% while QQQ returned +27.27%. Year to date, OOQB is down 20.22% versus a gain of 16.64% for QQQ.
Risk: Volatility and Drawdowns
OOQB has been the more volatile fund, with annualized monthly volatility of 43.8% compared with 30.6% 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 -53.4% for OOQB 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 0.73. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
OOQB charges 0.85% per year while QQQ charges 0.18%. On a $10,000 position that is $85 vs $18 annually, a gap of $67 per year that compounds over a long holding period. On income, OOQB currently yields 13.88% against 0.44% for QQQ.
Frequently Asked Questions
Which is cheaper, OOQB or QQQ?
OOQB has an expense ratio of 0.85% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $67 per year of difference.
Which performed better, OOQB or QQQ?
Over the past year OOQB returned +9.78% vs +27.27% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (1 years), OOQB annualized -26.16% vs +13.03% for QQQ. Past performance does not guarantee future results.
Which is riskier, OOQB or QQQ?
OOQB has been the more volatile fund at 43.8% annualized versus 30.6% for QQQ. Worst drawdown: OOQB -53.4% vs QQQ -83.0%.
Should I hold both OOQB and QQQ?
OOQB and QQQ have a monthly-return correlation of 0.73, so combining them can provide real diversification depending on your allocation goals.
Which pays a higher dividend, OOQB or QQQ?
OOQB yields 13.88% while QQQ yields 0.44%, so OOQB currently pays the higher dividend yield.
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