OWNB vs QQQ
Bitwise Bitcoin Standard Corporations ETF vs Invesco QQQ Trust, Series 1
Which is better, OWNB or QQQ?
Mid Cap Growth against Large Cap Growth.
QQQ has a lower expense ratio. QQQ led over 1Y and the full window.
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 | OWNB | QQQ |
|---|---|---|
| Expense Ratio | 0.85% | 0.18%Best |
| AUM | $17M | $486.1B |
| Dividend Yield | 1.10% | 0.44% |
| Holdings | 26 | 107 |
| YTD Return | -5.01% | +17.54%Best |
| 1Y Return | -22.21% | +25.59%Best |
| 3Y Return (annualized) | - | +24.63% |
| 5Y Return (annualized) | - | +14.18% |
| Volatility (annualized) | 52.0% | 19.1%Best |
| Max Drawdown | -59.5% | -15.7%Best |
| $10,000 over 1.5 years | $9,737 | $15,430Best |
| Fund Family | Bitwise | Invesco (US) |
| Category | Equity | Equity |
| Style | Mid Cap Growth | Large Cap Growth |
| Inception | Mar 10, 2025 | Mar 10, 1999 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 1.5 years row, are measured over the window both funds cover: Mar 11, 2025 to Sep 4, 2026 (1.5 years).
OWNB 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 1.5 years both funds cover.
OWNB vs QQQ Performance
Bitwise Bitcoin Standard Corporations ETF (OWNB) is an ETF from Bitwise and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year OWNB returned -22.21% while QQQ returned +25.59%. Year to date, OWNB is down 5.01% versus a gain of 17.54% for QQQ.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
OWNB has been the more volatile fund, with annualized monthly volatility of 52.0% compared with 19.1% 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 -59.5% for OWNB and -15.7% 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 0.74. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
OWNB 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, OWNB currently yields 1.10% against 0.44% for QQQ.
Holdings Overlap
At least 2.7% of QQQ's money is in holdings OWNB also owns.
Stated as a floor: for OWNB, our book for it covers 93.6% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
QQQ and OWNB share little of their money.
2 positions in common, counted across the 25 positions we hold weights for in OWNB and 102 in QQQ, against full books of 26 and 107.
You are not choosing between two funds in isolation.
Whichever of OWNB 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, OWNB or QQQ?
OWNB has an expense ratio of 0.85% while QQQ charges 0.18%. QQQ is the cheaper option, by $67 a year on a $10,000 investment.
Which performed better, OWNB or QQQ?
Over the past year OWNB returned -22.21% vs +25.59% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (2 years), OWNB annualized -1.76% vs +33.53% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, OWNB or QQQ?
OWNB has been the more volatile fund at 52.0% annualized versus 19.1% for QQQ. Worst drawdown: OWNB -59.5% vs QQQ -15.7%.
Should I hold both OWNB and QQQ?
OWNB and QQQ have a monthly-return correlation of 0.74, 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 OWNB and QQQ?
At least 2.7% of QQQ's money is in holdings OWNB also owns. Our book for OWNB is partial, so the real figure is this or higher. They hold 2 positions in common, counted across the 25 positions we hold weights for in OWNB and 102 in QQQ.
Which pays a higher dividend, OWNB or QQQ?
OWNB yields 1.10% while QQQ yields 0.44%, so OWNB currently pays the higher dividend yield.
Is QQQ better than OWNB?
QQQ has a lower expense ratio. QQQ led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.