IRE vs QQQ
Defiance Daily Target 2X Long IREN ETF vs Invesco QQQ Trust, Series 1
Which is better, IRE or QQQ?
Option Writing against Large Cap Growth.
QQQ has a lower expense ratio. QQQ led over 1Y.
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 | IRE | QQQ |
|---|---|---|
| Expense Ratio | 1.35% | 0.18%Best |
| AUM | $207M | $506.1B |
| Dividend Yield | 0.00% | 0.42% |
| Holdings | 22 | 321 |
| YTD Return | -83.75% | +19.30%Best |
| 1Y Return | -93.01% | +22.47%Best |
| 3Y Return (annualized) | - | +26.18% |
| 5Y Return (annualized) | - | +15.42% |
| Volatility (annualized) | 179.8% | 21.9%Best |
| Fund Family | Defiance ETFs, LLC | Invesco (US) |
| Category | Alternative | Equity |
| Style | Option Writing | Large Cap Growth |
| Inception | Oct 20, 2025 | Mar 10, 1999 |
Not shown on this pair: Max Drawdown, $10,000 over the window, Top 10 Weight.
IRE 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
IRE vs QQQ Performance
Defiance Daily Target 2X Long IREN ETF (IRE) is an ETF from Defiance ETFs, LLC and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year IRE returned -93.01% while QQQ returned +22.47%. Year to date, IRE is down 83.75% versus a gain of 19.30% for QQQ.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IRE has been the more volatile fund, with annualized monthly volatility of 179.8% compared with 21.9% for QQQ. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The two funds' monthly returns correlate at 0.77. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IRE charges 1.35% per year while QQQ charges 0.18%. On a $10,000 position that is $135 vs $18 annually, a gap of $117 per year that compounds over a long holding period. On income, IRE currently yields 0.00% against 0.42% for QQQ.
Holdings Overlap
We hold position weights for 1 holding in IRE and 101 in QQQ, totalling 2.5% and 99.6% 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 1 positions we hold weights for in IRE and 101 in QQQ, against full books of 22 and 321.
You are not choosing between two funds in isolation.
Whichever of IRE 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, IRE or QQQ?
IRE has an expense ratio of 1.35% while QQQ charges 0.18%. QQQ is the cheaper option, by $117 a year on a $10,000 investment.
Which performed better, IRE or QQQ?
Over the past year IRE returned -93.01% vs +22.47% for QQQ, so QQQ leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IRE or QQQ?
IRE has been the more volatile fund at 179.8% annualized versus 21.9% for QQQ.
Should I hold both IRE and QQQ?
IRE and QQQ have a monthly-return correlation of 0.77, 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, IRE or QQQ?
IRE yields 0.00% while QQQ yields 0.42%, so QQQ currently pays the higher dividend yield.
Is QQQ better than IRE?
QQQ has a lower expense ratio. QQQ led over 1Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.