QQQ vs USOI
Invesco QQQ Trust, Series 1 vs ETRACS Crude Oil Shares Covered Call ETN
Which is better, QQQ or USOI?
Large Cap Growth against Energy.
QQQ has a lower expense ratio. QQQ led over 3Y, 5Y and the full window, USOI 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 | QQQ | USOI |
|---|---|---|
| Expense Ratio | 0.18%Best | 0.85% |
| AUM | $506.1B | $245M |
| Dividend Yield | 0.42% | 48.53% |
| Holdings | 321 | - |
| YTD Return | +19.30% | +51.07%Best |
| 1Y Return | +22.47% | +53.83%Best |
| 3Y Return (annualized) | +26.18%Best | +11.97% |
| 5Y Return (annualized) | +15.42%Best | +13.56% |
| Volatility (annualized) | 19.5%Best | 30.4% |
| Max Drawdown | -35.1%Best | -87.2% |
| $10,000 over 5 years | $20,484Best | $18,885 |
| Fund Family | Invesco (US) | UBS AG |
| Category | Equity | Commodity |
| Style | Large Cap Growth | Energy |
| Inception | Mar 10, 1999 | Apr 25, 2017 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Apr 26, 2017 to Oct 14, 2026 (9.5 years).
QQQ vs USOI 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 9.5 years both funds cover.
QQQ vs USOI Performance
Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US) and ETRACS Crude Oil Shares Covered Call ETN (USOI) is an ETF from UBS AG. Over the past year QQQ returned +22.47% while USOI returned +53.83%. Year to date, QQQ is up 19.30% versus a gain of 51.07% for USOI.
Over three years, QQQ compounded at +26.18% per year against +11.97% for USOI; over five years the annualized figures are +15.42% and +13.56% respectively. Across the full 10-year window we track, QQQ has the edge at +19.92% annualized vs -6.50%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
USOI has been the more volatile fund, with annualized monthly volatility of 30.4% compared with 19.5% 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 -35.1% for QQQ and -87.2% for USOI. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.19. They move largely independently of each other.
Fees and Cost Over Time
QQQ charges 0.18% per year while USOI charges 0.85%. On a $10,000 position that is $18 vs $85 annually, a gap of $67 per year that compounds over a long holding period. On income, QQQ currently yields 0.42% against 48.53% for USOI.
You are not choosing between two funds in isolation.
Whichever of QQQ and USOI 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 USOI?
QQQ has an expense ratio of 0.18% while USOI charges 0.85%. QQQ is the cheaper option, by $67 a year on a $10,000 investment.
Which performed better, QQQ or USOI?
Over the past year QQQ returned +22.47% vs +53.83% for USOI, so USOI leads on 1-year performance. Over the longest common window we track (10 years), QQQ annualized +19.92% vs -6.50% for USOI. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QQQ or USOI?
USOI has been the more volatile fund at 30.4% annualized versus 19.5% for QQQ. Worst drawdown: QQQ -35.1% vs USOI -87.2%.
Should I hold both QQQ and USOI?
QQQ and USOI have a monthly-return correlation of 0.19, 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, QQQ or USOI?
QQQ yields 0.42% while USOI yields 48.53%, so USOI currently pays the higher dividend yield.
Is USOI better than QQQ?
QQQ has a lower expense ratio. QQQ led over 3Y, 5Y and the full window, USOI over 1Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.