ORCX vs QQQ
Defiance Daily Target 2X Long ORCL 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 | ORCX | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 1.36% | 0.18% | |
| AUM | $278M | $496.3B | |
| Dividend Yield | 0.00% | 0.44% | |
| Holdings | 10 | 108 | |
| YTD Return | -60.67% | +16.23% | |
| 1Y Return | -78.22% | +26.23% | |
| 3Y Return (annualized) | - | +25.75% | |
| 5Y Return (annualized) | - | +14.78% | |
| Volatility (annualized) | 136.0% | 30.6% | |
| Max Drawdown | -91.7% | -83.0% | |
| Fund Family | Defiance ETFs, LLC | Invesco (US) | |
| Category | Alternative | Equity | |
| Inception | Feb 6, 2025 | Mar 10, 1999 |
ORCX vs QQQ Performance
Defiance Daily Target 2X Long ORCL ETF (ORCX) is a ETF from Defiance ETFs, LLC and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year ORCX returned -78.22% while QQQ returned +26.23%. Year to date, ORCX is down 60.67% versus a gain of 16.23% for QQQ.
Risk: Volatility and Drawdowns
ORCX has been the more volatile fund, with annualized monthly volatility of 136.0% 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 -91.7% for ORCX 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 0.66. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
ORCX charges 1.36% per year while QQQ charges 0.18%. On a $10,000 position that is $136 vs $18 annually, a gap of $118 per year that compounds over a long holding period. On income, ORCX currently yields 0.00% against 0.44% for QQQ.
Holdings Overlap
ORCX and QQQ share 0 holdings out of 104 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, ORCX or QQQ?
ORCX has an expense ratio of 1.36% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $118 per year of difference.
Which performed better, ORCX or QQQ?
Over the past year ORCX returned -78.22% vs +26.23% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (2 years), ORCX annualized -51.37% vs +13.02% for QQQ. Past performance does not guarantee future results.
Which is riskier, ORCX or QQQ?
ORCX has been the more volatile fund at 136.0% annualized versus 30.6% for QQQ. Worst drawdown: ORCX -91.7% vs QQQ -83.0%.
Should I hold both ORCX and QQQ?
ORCX and QQQ have a monthly-return correlation of 0.66, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between ORCX and QQQ?
ORCX and QQQ share 0 common holdings with a 0.0% weight overlap. Combined, they hold 104 unique securities.
Which pays a higher dividend, ORCX or QQQ?
ORCX yields 0.00% while QQQ yields 0.44%, so QQQ currently pays the higher dividend yield.
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