QQQ vs SBIT

Quick Verdict

QQQ has a lower expense ratio. SBIT delivered stronger 1-year returns. QQQ offers more diversification with 103 holdings.

Lower Fees: QQQHigher Returns: SBITMore Diversified: QQQ

Side-by-Side Comparison

MetricQQQSBITWinner
Expense Ratio0.18%0.97%
AUM$455.8B$156M
Dividend Yield0.41%2.87%
Holdings1086
YTD Return+17.85%+40.94%
1Y Return+26.45%+111.84%
3Y Return (annualized)+26.07%-
5Y Return (annualized)+15.16%-
Volatility (annualized)30.6%84.4%
Max Drawdown-83.0%-91.3%
Fund FamilyInvesco (US)ProShares
CategoryEquityAlternative
InceptionMar 10, 1999Apr 2, 2024

QQQ vs SBIT Performance

Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US) and ProShares UltraShort Bitcoin ETF (SBIT) is a ETF from ProShares. Over the past year QQQ returned +26.45% while SBIT returned +111.84%. Year to date, QQQ is up 17.85% versus a gain of 40.94% for SBIT.

Risk: Volatility and Drawdowns

SBIT has been the more volatile fund, with annualized monthly volatility of 84.4% 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 -91.3% for SBIT. 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 -0.28. They move independently enough that combining them can meaningfully diversify a portfolio.

Fees and Cost Over Time

QQQ charges 0.18% per year while SBIT charges 0.97%. On a $10,000 position that is $18 vs $97 annually, a gap of $79 per year that compounds over a long holding period. On income, QQQ currently yields 0.41% against 2.87% for SBIT.

Frequently Asked Questions

Which is cheaper, QQQ or SBIT?

QQQ has an expense ratio of 0.18% while SBIT charges 0.97%. QQQ is the cheaper option. On a $10,000 investment, that is $79 per year of difference.

Which performed better, QQQ or SBIT?

Over the past year QQQ returned +26.45% vs +111.84% for SBIT, so SBIT leads on 1-year performance. Over the longest common window we track (2 years), QQQ annualized +13.09% vs -42.76% for SBIT. Past performance does not guarantee future results.

Which is riskier, QQQ or SBIT?

SBIT has been the more volatile fund at 84.4% annualized versus 30.6% for QQQ. Worst drawdown: QQQ -83.0% vs SBIT -91.3%.

Should I hold both QQQ and SBIT?

QQQ and SBIT have a monthly-return correlation of -0.28, so combining them can provide real diversification depending on your allocation goals.

Which pays a higher dividend, QQQ or SBIT?

QQQ yields 0.41% while SBIT yields 2.87%, so SBIT currently pays the higher dividend yield.

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