PIT vs QQQ
VanEck Commodity Strategy ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. PIT delivered stronger 1-year returns. QQQ offers more diversification with 103 holdings.
Side-by-Side Comparison
| Metric | PIT | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.55% | 0.18% | |
| AUM | $295M | $455.8B | |
| Dividend Yield | 7.15% | 0.41% | |
| Holdings | 30 | 108 | |
| YTD Return | +43.46% | +17.85% | |
| 1Y Return | +47.11% | +26.45% | |
| 3Y Return (annualized) | +17.30% | +26.07% | |
| 5Y Return (annualized) | - | +15.16% | |
| Volatility (annualized) | 17.9% | 30.6% | |
| Max Drawdown | -17.2% | -83.0% | |
| Fund Family | VanEck | Invesco (US) | |
| Category | Alternative | Equity | |
| Inception | Dec 20, 2022 | Mar 10, 1999 |
PIT vs QQQ Performance
VanEck Commodity Strategy ETF (PIT) is a ETF from VanEck and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year PIT returned +47.11% while QQQ returned +26.45%. Year to date, PIT is up 43.46% versus a gain of 17.85% for QQQ.
Over three years, PIT compounded at +17.30% per year against +26.07% for QQQ. Across the full 4-year window we track, PIT has the edge at +15.27% annualized vs +13.09%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% compared with 17.9% for PIT. 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 -17.2% for PIT 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 -0.20. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
PIT charges 0.55% per year while QQQ charges 0.18%. On a $10,000 position that is $55 vs $18 annually, a gap of $37 per year that compounds over a long holding period. On income, PIT currently yields 7.15% against 0.41% for QQQ.
Frequently Asked Questions
Which is cheaper, PIT or QQQ?
PIT has an expense ratio of 0.55% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $37 per year of difference.
Which performed better, PIT or QQQ?
Over the past year PIT returned +47.11% vs +26.45% for QQQ, so PIT leads on 1-year performance. Over the longest common window we track (4 years), PIT annualized +15.27% vs +13.09% for QQQ. Past performance does not guarantee future results.
Which is riskier, PIT or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 17.9% for PIT. Worst drawdown: PIT -17.2% vs QQQ -83.0%.
Should I hold both PIT and QQQ?
PIT and QQQ have a monthly-return correlation of -0.20, so combining them can provide real diversification depending on your allocation goals.
Which pays a higher dividend, PIT or QQQ?
PIT yields 7.15% while QQQ yields 0.41%, so PIT currently pays the higher dividend yield.
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