QQQ vs RVNL
Invesco QQQ Trust, Series 1 vs GraniteShares 2x Long RIVN Daily ETF
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 | QQQ | RVNL | Winner |
|---|---|---|---|
| Expense Ratio | 0.18% | 1.15% | |
| AUM | $496.3B | $11M | |
| Dividend Yield | 0.44% | 0.00% | |
| Holdings | 108 | 2 | |
| YTD Return | +16.64% | -48.73% | |
| 1Y Return | +27.27% | +4.63% | |
| 3Y Return (annualized) | +25.96% | - | |
| 5Y Return (annualized) | +14.54% | - | |
| Volatility (annualized) | 30.6% | 77.6% | |
| Max Drawdown | -83.0% | -72.9% | |
| Fund Family | Invesco (US) | GraniteShares | |
| Category | Equity | Alternative | |
| Inception | Mar 10, 1999 | Apr 21, 2025 |
QQQ vs RVNL Performance
Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US) and GraniteShares 2x Long RIVN Daily ETF (RVNL) is a ETF from GraniteShares. Over the past year QQQ returned +27.27% while RVNL returned +4.63%. Year to date, QQQ is up 16.64% versus a loss of 48.73% for RVNL.
Risk: Volatility and Drawdowns
RVNL has been the more volatile fund, with annualized monthly volatility of 77.6% 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 -83.0% for QQQ and -72.9% for RVNL. 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 0.16. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
QQQ charges 0.18% per year while RVNL charges 1.15%. On a $10,000 position that is $18 vs $115 annually, a gap of $97 per year that compounds over a long holding period. On income, QQQ currently yields 0.44% against 0.00% for RVNL.
Holdings Overlap
QQQ and RVNL share 0 holdings out of 103 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, QQQ or RVNL?
QQQ has an expense ratio of 0.18% while RVNL charges 1.15%. QQQ is the cheaper option. On a $10,000 investment, that is $97 per year of difference.
Which performed better, QQQ or RVNL?
Over the past year QQQ returned +27.27% vs +4.63% for RVNL, so QQQ leads on 1-year performance. Over the longest common window we track (1 years), QQQ annualized +13.03% vs +5.81% for RVNL. Past performance does not guarantee future results.
Which is riskier, QQQ or RVNL?
RVNL has been the more volatile fund at 77.6% annualized versus 30.6% for QQQ. Worst drawdown: QQQ -83.0% vs RVNL -72.9%.
Should I hold both QQQ and RVNL?
QQQ and RVNL have a monthly-return correlation of 0.16, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between QQQ and RVNL?
QQQ and RVNL share 0 common holdings with a 0.0% weight overlap. Combined, they hold 103 unique securities.
Which pays a higher dividend, QQQ or RVNL?
QQQ yields 0.44% while RVNL yields 0.00%, so QQQ currently pays the higher dividend yield.
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