QQQ vs THYP

Quick Verdict

QQQ has a lower expense ratio. QQQ offers more diversification with 103 holdings.

Lower Fees: QQQHigher Returns: TiedMore Diversified: QQQ

Side-by-Side Comparison

MetricQQQTHYPWinner
Expense Ratio0.18%0.30%
AUM$455.8B-
Dividend Yield0.41%-
Holdings1081
YTD Return+19.68%+41.93%
1Y Return+26.75%-
3Y Return (annualized)+26.25%-
5Y Return (annualized)+15.39%-
Volatility (annualized)30.6%-
Max Drawdown-83.0%-29.1%
Fund FamilyInvesco (US)21Shares
CategoryEquityAlternative
InceptionMar 10, 1999May 11, 2026

QQQ vs THYP Performance

Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US) and 21Shares Hyperliquid ETF (THYP) is a ETF from 21Shares. Year to date, QQQ is up 19.68% versus a gain of 41.93% for THYP.

Risk: Volatility and Drawdowns

The deepest peak-to-trough decline in our data was -83.0% for QQQ and -29.1% for THYP. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

Fees and Cost Over Time

QQQ charges 0.18% per year while THYP charges 0.30%. On a $10,000 position that is $18 vs $30 annually, a gap of $12 per year that compounds over a long holding period.

Holdings Overlap

0.0%overlap

QQQ and THYP share 0 holdings out of 104 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 THYP?

QQQ has an expense ratio of 0.18% while THYP charges 0.30%. QQQ is the cheaper option. On a $10,000 investment, that is $12 per year of difference.

What is the holdings overlap between QQQ and THYP?

QQQ and THYP share 0 common holdings with a 0.0% weight overlap. Combined, they hold 104 unique securities.

Get Full ETF Analytics

Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.