AETH vs QQQ
Bitwise Trendwise Ether and Treasuries Rotation Strategy ETF vs Invesco QQQ Trust, Series 1
Which is better, AETH or QQQ?
Multi Alternative against Large Cap Growth.
QQQ has a lower expense ratio. QQQ led over 1Y 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 | AETH | QQQ |
|---|---|---|
| Expense Ratio | 0.89% | 0.18%Best |
| AUM | $7M | $506.1B |
| Dividend Yield | 2.31% | 0.42% |
| Holdings | 3 | 321 |
| Volatility (annualized) | 62.9% | 17.1%Best |
| Max Drawdown | -51.1% | -22.8%Best |
| $10,000 over 3 years | $18,809 | $21,100Best |
| Fund Family | Bitwise | Invesco (US) |
| Category | Alternative | Equity |
| Style | Multi Alternative | Large Cap Growth |
| Inception | Sep 29, 2023 | Mar 10, 1999 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized), Top 10 Weight.
The two price series end 12 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. AETH has data through Oct 2, 2026 and QQQ through Oct 14, 2026.
Volatility and max drawdown, and the $10,000 over 3 years row, are measured over the window both funds cover: Oct 2, 2023 to Oct 2, 2026 (3 years).
Risk: Volatility and Drawdowns
AETH has been the more volatile fund, with annualized monthly volatility of 62.9% compared with 17.1% 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 -51.1% for AETH and -22.8% for QQQ. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.34. They move together some of the time, and apart the rest.
Fees and Cost Over Time
AETH charges 0.89% per year while QQQ charges 0.18%. On a $10,000 position that is $89 vs $18 annually, a gap of $71 per year that compounds over a long holding period. On income, AETH currently yields 2.31% against 0.42% for QQQ.
You are not choosing between two funds in isolation.
Whichever of AETH and QQQ 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, AETH or QQQ?
AETH has an expense ratio of 0.89% while QQQ charges 0.18%. QQQ is the cheaper option, by $71 a year on a $10,000 investment.
Which is riskier, AETH or QQQ?
AETH has been the more volatile fund at 62.9% annualized versus 17.1% for QQQ. Worst drawdown: AETH -51.1% vs QQQ -22.8%.
Should I hold both AETH and QQQ?
AETH and QQQ have a monthly-return correlation of 0.34, 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, AETH or QQQ?
AETH yields 2.31% while QQQ yields 0.42%, so AETH currently pays the higher dividend yield.
Is QQQ better than AETH?
QQQ has a lower expense ratio. QQQ led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.