QQQ vs RKLX
Invesco QQQ Trust, Series 1 vs Defiance Daily Target 2X Long RKLB ETF
Which is better, QQQ or RKLX?
Large Cap Growth against Option Writing.
QQQ has a lower expense ratio. QQQ led over 1Y, RKLX over 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 | QQQ | RKLX |
|---|---|---|
| Expense Ratio | 0.18%Best | 1.63% |
| AUM | $437.3B | $82M |
| Dividend Yield | 0.43% | 60.48% |
| Holdings | 208 | 22 |
| YTD Return | +12.98%Best | -71.43% |
| 1Y Return | +11.59%Best | -54.70% |
| 3Y Return (annualized) | +23.05% | - |
| 5Y Return (annualized) | +12.74% | - |
| Volatility (annualized) | 19.5%Best | 200.7% |
| Max Drawdown | -15.7%Best | -94.1% |
| $10,000 over 1.7 years | $14,993 | $22,012Best |
| Fund Family | Invesco (US) | Defiance ETFs, LLC |
| Category | Equity | Alternative |
| Style | Large Cap Growth | Option Writing |
| Inception | Mar 10, 1999 | Mar 12, 2025 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 1.7 years row, are measured over the window both funds cover: Mar 13, 2025 to Nov 11, 2026 (1.7 years).
QQQ vs RKLX 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
QQQ vs RKLX Performance
Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US) and Defiance Daily Target 2X Long RKLB ETF (RKLX) is an ETF from Defiance ETFs, LLC. Over the past year QQQ returned +11.59% while RKLX returned -54.70%. Year to date, QQQ is up 12.98% versus a loss of 71.43% for RKLX.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
RKLX has been the more volatile fund, with annualized monthly volatility of 200.7% compared with 19.5% 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 -15.7% for QQQ and -94.1% for RKLX. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.64. They move together some of the time, and apart the rest.
Fees and Cost Over Time
QQQ charges 0.18% per year while RKLX charges 1.63%. On a $10,000 position that is $18 vs $163 annually, a gap of $145 per year that compounds over a long holding period. On income, QQQ currently yields 0.43% against 60.48% for RKLX.
Holdings Overlap
At least 0.1% of QQQ's money is in holdings RKLX also owns.
Stated as a floor: for RKLX, our book for it covers 28.1% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
We cannot see either book well enough to say how much of this pair is duplicated.
1 positions in common, counted across the 101 positions we hold weights for in QQQ and 2 in RKLX, against full books of 208 and 22.
Top Shared Holdings
| Stock | Weight in QQQ | Weight in RKLX | Difference |
|---|---|---|---|
| RKLBRocket Lab Usa Inc | 0.14% | 27.86% | 27.72% |
You are not choosing between two funds in isolation.
Whichever of QQQ and RKLX 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, QQQ or RKLX?
QQQ has an expense ratio of 0.18% while RKLX charges 1.63%. QQQ is the cheaper option, by $145 a year on a $10,000 investment.
Which performed better, QQQ or RKLX?
Over the past year QQQ returned +11.59% vs -54.70% for RKLX, so QQQ leads on 1-year performance. Over the longest common window we track (2 years), QQQ annualized +26.90% vs +59.06% for RKLX. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QQQ or RKLX?
RKLX has been the more volatile fund at 200.7% annualized versus 19.5% for QQQ. Worst drawdown: QQQ -15.7% vs RKLX -94.1%.
Should I hold both QQQ and RKLX?
QQQ and RKLX have a monthly-return correlation of 0.64, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, QQQ or RKLX?
QQQ yields 0.43% while RKLX yields 60.48%, so RKLX currently pays the higher dividend yield.
Is RKLX better than QQQ?
QQQ has a lower expense ratio. QQQ led over 1Y, RKLX over the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.