BTCI vs. QQQ
Compare and contrast key facts about NEOS Bitcoin High Income ETF (BTCI) and Invesco QQQ (QQQ).
BTCI and QQQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BTCI is an actively managed fund by Neos Investments. It was launched on Oct 16, 2024. QQQ is a passively managed fund by Invesco that tracks the performance of the NASDAQ-100 Index. It was launched on Mar 10, 1999.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BTCI or QQQ.
Correlation
The correlation between BTCI and QQQ is 0.37, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
BTCI vs. QQQ - Performance Comparison
Key characteristics
BTCI:
41.72%
QQQ:
18.23%
BTCI:
-10.95%
QQQ:
-82.98%
BTCI:
-4.57%
QQQ:
-0.42%
Returns By Period
In the year-to-date period, BTCI achieves a 7.28% return, which is significantly higher than QQQ's 5.09% return.
BTCI
7.28%
-4.39%
N/A
N/A
N/A
N/A
QQQ
5.09%
2.37%
13.48%
26.98%
19.29%
18.32%
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BTCI vs. QQQ - Expense Ratio Comparison
BTCI has a 0.98% expense ratio, which is higher than QQQ's 0.20% expense ratio.
Risk-Adjusted Performance
BTCI vs. QQQ — Risk-Adjusted Performance Rank
BTCI
QQQ
BTCI vs. QQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for NEOS Bitcoin High Income ETF (BTCI) and Invesco QQQ (QQQ). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Not enough dataDividends
BTCI vs. QQQ - Dividend Comparison
BTCI's dividend yield for the trailing twelve months is around 8.99%, more than QQQ's 0.53% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BTCI NEOS Bitcoin High Income ETF | 8.99% | 6.76% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
QQQ Invesco QQQ | 0.53% | 0.56% | 0.62% | 0.80% | 0.43% | 0.55% | 0.74% | 0.91% | 0.84% | 1.06% | 0.99% | 1.41% |
Drawdowns
BTCI vs. QQQ - Drawdown Comparison
The maximum BTCI drawdown since its inception was -10.95%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for BTCI and QQQ. For additional features, visit the drawdowns tool.
Volatility
BTCI vs. QQQ - Volatility Comparison
NEOS Bitcoin High Income ETF (BTCI) has a higher volatility of 7.57% compared to Invesco QQQ (QQQ) at 4.70%. This indicates that BTCI's price experiences larger fluctuations and is considered to be riskier than QQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.