QQQ vs. BTCI

Last updated Jun 21, 2026

QQQ (Invesco QQQ ETF) and BTCI (NEOS Bitcoin High Income ETF) are both exchange-traded funds - QQQ is a Nasdaq-100 fund tracking the NASDAQ-100 Index, while BTCI is a Cryptocurrency fund actively managed by Neos. QQQ is passively managed, while BTCI is actively managed. Over the past year, QQQ returned 41.26% vs -34.62% for BTCI. At a 0.49 correlation, their price movements are largely independent. QQQ charges 0.18%/yr vs 0.99%/yr for BTCI.

Performance

QQQ vs. BTCI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco QQQ ETF (QQQ) and NEOS Bitcoin High Income ETF (BTCI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, QQQ achieves a 20.71% return, which is significantly higher than BTCI's -25.54% return.

QQQ

• 1D: 2.51%
• 1M: 3.22%
• YTD: 20.71%
• 6M: 20.33%
• 1Y: 41.26%
• 3Y*: 27.01%
• 5Y*: 17.37%
• 10Y*: 22.17%

BTCI

• 1D: -2.32%
• 1M: -16.42%
• YTD: -25.54%
• 6M: -25.93%
• 1Y: -34.62%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

QQQ vs. BTCI - Yearly Performance Comparison

	2026 (YTD)	2025	2024
QQQ Invesco QQQ ETF	20.71%	20.77%	4.31%
BTCI NEOS Bitcoin High Income ETF	-25.54%	-1.09%	26.12%

Correlation

The correlation between QQQ and BTCI is 0.50, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.50
Correlation (All Time) Calculated using the full available price history since Oct 17, 2024	0.49

The correlation between QQQ and BTCI has been stable across timeframes, ranging from 0.49 to 0.50 - a consistent structural relationship.

Return for Risk

QQQ vs. BTCI — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

QQQ

QQQ Risk / Return Rank: 73
QQQ Sharpe Ratio Rank: 77
QQQ Sortino Ratio Rank: 71
QQQ Omega Ratio Rank: 73
QQQ Calmar Ratio Rank: 71
QQQ Martin Ratio Rank: 72

BTCI

BTCI Risk / Return Rank: 2
BTCI Sharpe Ratio Rank: 2
BTCI Sortino Ratio Rank: 3
BTCI Omega Ratio Rank: 3
BTCI Calmar Ratio Rank: 3
BTCI Martin Ratio Rank: 2

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

QQQ vs. BTCI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco QQQ ETF (QQQ) and NEOS Bitcoin High Income ETF (BTCI). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	QQQ	BTCI	Difference
Sharpe ratio: Return per unit of total volatility	2.32	-0.89	+3.20
Sortino ratio: Return per unit of downside risk	3.01	-1.19	+4.21
Omega ratio: Gain probability vs. loss probability	1.41	0.86	+0.54
Calmar ratio: Return relative to maximum drawdown	3.42	-0.74	+4.16
Martin ratio: Return relative to average drawdown	12.72	-1.31	+14.03

QQQ vs. BTCI - Sharpe Ratio Comparison

The current QQQ Sharpe Ratio is 2.32, which is higher than the BTCI Sharpe Ratio of -0.89. The chart below compares the historical Sharpe Ratios of QQQ and BTCI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

QQQ vs. BTCI - Drawdown Comparison

The maximum QQQ drawdown since its inception was -82.97%, which is greater than BTCI's maximum drawdown of -47.16%. Use the drawdown chart below to compare losses from any high point for QQQ and BTCI.

Drawdown Indicators

	QQQ	BTCI	Difference
Max Drawdown Largest peak-to-trough decline	-82.97%	-47.16%	-35.81%
Max Drawdown (1Y) Largest decline over 1 year	-11.96%	-47.16%	+35.20%
Max Drawdown (3Y) Largest decline over 3 years	-22.77%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-35.12%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-35.12%	—	—
Current Drawdown Current decline from peak	-0.74%	-44.94%	+44.20%
Average Drawdown Average peak-to-trough decline	-32.73%	-15.92%	-16.81%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.21%	26.71%	-23.50%

Volatility

QQQ vs. BTCI - Volatility Comparison

The current volatility for Invesco QQQ ETF (QQQ) is 8.58%, while NEOS Bitcoin High Income ETF (BTCI) has a volatility of 12.11%. This indicates that QQQ experiences smaller price fluctuations and is considered to be less risky than BTCI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	QQQ	BTCI	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.58%	12.11%	-3.53%
Volatility (6M) Calculated over the trailing 6-month period	14.34%	31.18%	-16.84%
Volatility (1Y) Calculated over the trailing 1-year period	17.64%	39.53%	-21.89%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.63%	40.31%	-17.68%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.42%	40.31%	-17.89%

QQQ vs. BTCI - Expense Ratio Comparison

QQQ has a 0.18% expense ratio, which is lower than BTCI's 0.99% expense ratio.

Dividends

QQQ vs. BTCI - Dividend Comparison

QQQ's dividend yield for the trailing twelve months is around 0.38%, less than BTCI's 48.02% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BTCI NEOS Bitcoin High Income ETF	48.02%	36.46%	6.76%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
QQQ Invesco QQQ ETF	0.38%	0.45%	0.56%	0.62%	0.80%	0.43%	0.55%	0.74%	0.91%	0.84%	1.06%	0.99%

Frequently Asked Questions

Can I hold both QQQ and BTCI in my portfolio?

QQQ and BTCI have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, QQQ or BTCI?

BTCI has higher volatility (12.11%) compared to QQQ (8.58%). In terms of maximum drawdown, QQQ dropped -82.97% vs BTCI's -47.16%.

Which ETF is better, QQQ or BTCI?

On 1-year performance, QQQ leads with 41.26% vs -34.62% for BTCI. On fees, QQQ is cheaper at 0.18% per year. On volatility, QQQ has been the lower-risk option at 8.58%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, QQQ or BTCI?

Over the 1-year period, QQQ has performed better with a 41.26% return vs -34.62%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, QQQ or BTCI?

QQQ is cheaper with a 0.18% expense ratio, compared with 0.99% for BTCI.

Which ETF pays a higher dividend yield, QQQ or BTCI?

BTCI has the higher dividend yield at 48.02%, compared with 0.38% for QQQ.

What is the main difference between QQQ and BTCI?

QQQ is categorized as Nasdaq-100, while BTCI is Cryptocurrency. They also come from different issuers: Invesco and Neos. Their fees differ too: 0.18% for QQQ and 0.99% for BTCI.

Which has better risk-adjusted returns?

QQQ currently has the higher Sharpe Ratio (2.32 vs -0.89), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.