QQQ vs SHNY
Invesco QQQ Trust, Series 1 vs MicroSectors Gold 3x Leveraged ETN
Which is better, QQQ or SHNY?
Large Cap Growth against Precious Metals.
QQQ has a lower expense ratio. QQQ led over 1Y, SHNY over 3Y 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 | QQQ | SHNY |
|---|---|---|
| Expense Ratio | 0.18%Best | 0.95% |
| AUM | $437.3B | $86M |
| Dividend Yield | 0.43% | 0.00% |
| Holdings | 208 | 1 |
| YTD Return | +12.98%Best | -49.41% |
| 1Y Return | +11.59%Best | -44.15% |
| 3Y Return (annualized) | +23.05% | +40.68%Best |
| 5Y Return (annualized) | +12.74% | - |
| Volatility (annualized) | 17.5%Best | 54.4% |
| Max Drawdown | -22.8%Best | -74.6% |
| $10,000 over 3.7 years | $23,864 | $27,174Best |
| Fund Family | Invesco (US) | BMO Capital Markets |
| Category | Equity | Commodity |
| Style | Large Cap Growth | Precious Metals |
| Inception | Mar 10, 1999 | Feb 21, 2023 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 3.7 years row, are measured over the window both funds cover: Feb 22, 2023 to Nov 11, 2026 (3.7 years).
QQQ vs SHNY 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 3.7 years both funds cover.
QQQ vs SHNY Performance
Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US) and MicroSectors Gold 3x Leveraged ETN (SHNY) is an ETF from BMO Capital Markets. Over the past year QQQ returned +11.59% while SHNY returned -44.15%. Year to date, QQQ is up 12.98% versus a loss of 49.41% for SHNY.
Over three years, QQQ compounded at +23.05% per year against +40.68% for SHNY. Across the full 4-year window we track, SHNY has the edge at +31.02% annualized vs +26.50%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SHNY has been the more volatile fund, with annualized monthly volatility of 54.4% compared with 17.5% 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 -22.8% for QQQ and -74.6% for SHNY. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at -0.01. They move largely independently of each other.
Fees and Cost Over Time
QQQ charges 0.18% per year while SHNY charges 0.95%. On a $10,000 position that is $18 vs $95 annually, a gap of $77 per year that compounds over a long holding period. On income, QQQ currently yields 0.43% against 0.00% for SHNY.
Holdings Overlap
We hold position weights for 101 holdings in QQQ and 1 in SHNY, totalling 99.7% and 100.0% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 101 positions we hold weights for in QQQ and 1 in SHNY, against full books of 208 and 1.
What only one of them owns
Measured across the 101 and 1 positions we hold weights for.
QQQ holds 94 positions SHNY does not, 97.2% of the fund.
Largest: NVDA 8.05%, AAPL 7.68%, MSFT 6.16%, MU 4.47%, AMZN 4.23%
You are not choosing between two funds in isolation.
Whichever of QQQ and SHNY 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 SHNY?
QQQ has an expense ratio of 0.18% while SHNY charges 0.95%. QQQ is the cheaper option, by $77 a year on a $10,000 investment.
Which performed better, QQQ or SHNY?
Over the past year QQQ returned +11.59% vs -44.15% for SHNY, so QQQ leads on 1-year performance. Over the longest common window we track (4 years), QQQ annualized +26.50% vs +31.02% for SHNY. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QQQ or SHNY?
SHNY has been the more volatile fund at 54.4% annualized versus 17.5% for QQQ. Worst drawdown: QQQ -22.8% vs SHNY -74.6%.
Should I hold both QQQ and SHNY?
QQQ and SHNY have a monthly-return correlation of -0.01, 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 SHNY?
QQQ yields 0.43% while SHNY yields 0.00%, so QQQ currently pays the higher dividend yield.
Is SHNY better than QQQ?
QQQ has a lower expense ratio. QQQ led over 1Y, SHNY over 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.