BULZ vs QQQ
MicroSectors FANG & Innovation 3x Leveraged ETN vs Invesco QQQ Trust, Series 1
Which is better, BULZ or QQQ?
Trading-Leveraged Equity against Large Cap Growth.
QQQ has a lower expense ratio. BULZ led over 1Y and 3Y, QQQ over 5Y and the full window. The two have moved almost in lockstep, correlation 0.95. QQQ is less concentrated, with 46.7% of the fund in its ten largest positions against 68.3%.
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 | BULZ | QQQ |
|---|---|---|
| Expense Ratio | 0.95% | 0.18%Best |
| AUM | $3.7B | $506.1B |
| Dividend Yield | 0.00% | 0.42% |
| Holdings | 15 | 321 |
| YTD Return | +50.39%Best | +19.30% |
| 1Y Return | +48.82%Best | +22.47% |
| 3Y Return (annualized) | +78.24%Best | +26.18% |
| 5Y Return (annualized) | +8.38% | +15.42%Best |
| Volatility (annualized) | 94.0% | 20.8%Best |
| Max Drawdown | -94.4% | -35.1%Best |
| $10,000 over 5 years | $14,954 | $20,484Best |
| Top 10 Weight | 68.3% | 46.7%Best |
| Fund Family | BMO Capital Markets | Invesco (US) |
| Category | Alternative | Equity |
| Style | Trading-Leveraged Equity | Large Cap Growth |
| Inception | Aug 17, 2021 | Mar 10, 1999 |
Volatility and max drawdown are measured over the window both funds cover: Aug 18, 2021 to Oct 14, 2026 (5.2 years).
BULZ vs QQQ 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 5.2 years both funds cover.
BULZ vs QQQ Performance
MicroSectors FANG & Innovation 3x Leveraged ETN (BULZ) is an ETF from BMO Capital Markets and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year BULZ returned +48.82% while QQQ returned +22.47%. Year to date, BULZ is up 50.39% versus a gain of 19.30% for QQQ.
Over three years, BULZ compounded at +78.24% per year against +26.18% for QQQ; over five years the annualized figures are +8.38% and +15.42% respectively.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
BULZ has been the more volatile fund, with annualized monthly volatility of 94.0% compared with 20.8% 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 -94.4% for BULZ and -35.1% 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 0.95. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
BULZ charges 0.95% per year while QQQ charges 0.18%. On a $10,000 position that is $95 vs $18 annually, a gap of $77 per year that compounds over a long holding period. On income, BULZ currently yields 0.00% against 0.42% for QQQ.
Holdings Overlap
87.5% of BULZ's money is in holdings QQQ also owns. 52.0% of QQQ's money is in holdings BULZ also owns.
Most of BULZ is already inside QQQ. Owning both mostly buys the same companies twice.
13 positions in common, counted across the 15 positions we hold weights for in BULZ and 101 in QQQ, against full books of 15 and 321.
What only one of them owns
Measured across the 15 and 101 positions we hold weights for.
QQQ holds 80 positions BULZ does not, 44.3% of the fund.
Largest: GOOG 2.85%, SPCX 2.70%, WMT 2.11%, CSCO 1.77%, LRCX 1.72%
Top Shared Holdings
| Stock | Weight in BULZ | Weight in QQQ | Difference |
|---|---|---|---|
| NVDANvidia Corp | 6.74% | 8.33% | 1.59% |
| AAPLApple, Inc | 6.50% | 7.35% | 0.85% |
| MSFTMicrosoft Corp | 6.81% | 5.76% | 1.05% |
| MUMicron Technology, Inc. | 6.88% | 5.02% | 1.86% |
| AMDAdvanced Micro Devices Inc | 7.17% | 4.17% | 3.00% |
| AMZNAmazon.Com Inc | 6.44% | 4.07% | 2.37% |
| METAMeta Platforms Inc | 7.15% | 3.26% | 3.89% |
| INTCIntel Corporation | 7.26% | 2.64% | 4.62% |
| GOOGLAlphabet Inc | 6.46% | 3.05% | 3.41% |
| TSLATesla Inc | 6.39% | 2.82% | 3.57% |
87.5% of BULZ is already inside QQQ.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, BULZ or QQQ?
BULZ has an expense ratio of 0.95% while QQQ charges 0.18%. QQQ is the cheaper option, by $77 a year on a $10,000 investment.
Which performed better, BULZ or QQQ?
Over the past year BULZ returned +48.82% vs +22.47% for QQQ, so BULZ leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, BULZ or QQQ?
BULZ has been the more volatile fund at 94.0% annualized versus 20.8% for QQQ. Worst drawdown: BULZ -94.4% vs QQQ -35.1%.
Should I hold both BULZ and QQQ?
BULZ and QQQ have a monthly-return correlation of 0.95, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between BULZ and QQQ?
87.5% of BULZ's money is in holdings QQQ also owns. 52.0% of QQQ's is in holdings BULZ also owns. They hold 13 positions in common, counted across the 15 positions we hold weights for in BULZ and 101 in QQQ.
Which pays a higher dividend, BULZ or QQQ?
BULZ yields 0.00% while QQQ yields 0.42%, so QQQ currently pays the higher dividend yield.
Is QQQ better than BULZ?
QQQ has a lower expense ratio. BULZ led over 1Y and 3Y, QQQ over 5Y and the full window. The two have moved almost in lockstep, correlation 0.95. QQQ is less concentrated, with 46.7% of the fund in its ten largest positions against 68.3%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.