QQQ vs WTID
Invesco QQQ Trust, Series 1 vs MicroSectors Energy -3X Inverse Leveraged ETN
Which is better, QQQ or WTID?
Large Cap Growth against Energy.
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y and the full window. QQQ is less concentrated, with 46.7% of the fund in its ten largest positions against 91.1%.
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 | WTID |
|---|---|---|
| Expense Ratio | 0.18%Best | 0.95% |
| AUM | $506.1B | $6M |
| Dividend Yield | 0.42% | 0.00% |
| Holdings | 321 | 12 |
| YTD Return | +18.04%Best | -80.88% |
| 1Y Return | +15.37%Best | -82.67% |
| 3Y Return (annualized) | +28.15%Best | -54.99% |
| 5Y Return (annualized) | +14.36% | - |
| Volatility (annualized) | 17.2%Best | 56.3% |
| Max Drawdown | -22.8%Best | -95.1% |
| $10,000 over 3.7 years | $23,857Best | $767 |
| Top 10 Weight | 46.7%Best | 91.1% |
| Fund Family | Invesco (US) | UBS AG |
| Category | Equity | Commodity |
| Style | Large Cap Growth | Energy |
| Inception | Mar 10, 1999 | Jan 4, 2017 |
Volatility and max drawdown, and the $10,000 over 3.7 years row, are measured over the window both funds cover: Feb 15, 2023 to Oct 27, 2026 (3.7 years).
QQQ vs WTID 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 WTID Performance
Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US) and MicroSectors Energy -3X Inverse Leveraged ETN (WTID) is an ETF from UBS AG. Over the past year QQQ returned +15.37% while WTID returned -82.67%. Year to date, QQQ is up 18.04% versus a loss of 80.88% for WTID.
Over three years, QQQ compounded at +28.15% per year against -54.99% for WTID. Across the full 4-year window we track, QQQ has the edge at +26.49% annualized vs -50.05%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
WTID has been the more volatile fund, with annualized monthly volatility of 56.3% compared with 17.2% 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 -95.1% for WTID. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.30. They move together some of the time, and apart the rest.
Fees and Cost Over Time
QQQ charges 0.18% per year while WTID 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 0.42% against 0.00% for WTID.
Holdings Overlap
0.2% of QQQ's money is in holdings WTID also owns. 5.4% of WTID's money is in holdings QQQ also owns.
WTID and QQQ share little of their money.
1 positions in common, counted across the 101 positions we hold weights for in QQQ and 12 in WTID, against full books of 321 and 12.
What only one of them owns
Measured across the 101 and 12 positions we hold weights for.
QQQ holds 93 positions WTID does not, 97.0% of the fund.
Largest: NVDA 8.33%, AAPL 7.35%, MSFT 5.76%, MU 5.02%, AMD 4.17%
Top Shared Holdings
| Stock | Weight in QQQ | Weight in WTID | Difference |
|---|---|---|---|
| FANGDiamondback Energy Inc - Common | 0.21% | 5.41% | 5.20% |
You are not choosing between two funds in isolation.
Whichever of QQQ and WTID 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 WTID?
QQQ has an expense ratio of 0.18% while WTID charges 0.95%. QQQ is the cheaper option, by $77 a year on a $10,000 investment.
Which performed better, QQQ or WTID?
Over the past year QQQ returned +15.37% vs -82.67% for WTID, so QQQ leads on 1-year performance. Over the longest common window we track (4 years), QQQ annualized +26.49% vs -50.05% for WTID. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QQQ or WTID?
WTID has been the more volatile fund at 56.3% annualized versus 17.2% for QQQ. Worst drawdown: QQQ -22.8% vs WTID -95.1%.
Should I hold both QQQ and WTID?
QQQ and WTID have a monthly-return correlation of 0.30, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between QQQ and WTID?
5.4% of WTID's money is in holdings QQQ also owns. 5.4% of WTID's is in holdings QQQ also owns. They hold 1 positions in common, counted across the 101 positions we hold weights for in QQQ and 12 in WTID.
Which pays a higher dividend, QQQ or WTID?
QQQ yields 0.42% while WTID yields 0.00%, so QQQ currently pays the higher dividend yield.
Is WTID better than QQQ?
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y and the full window. QQQ is less concentrated, with 46.7% of the fund in its ten largest positions against 91.1%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.