OILT vs QQQ
Texas Capital Texas Oil Index ETF vs Invesco QQQ Trust, Series 1
Which is better, OILT or QQQ?
Large Cap Blend against Large Cap Growth.
QQQ has a lower expense ratio. OILT led over 1Y, QQQ over the full window. QQQ is less concentrated, with 47.2% of the fund in its ten largest positions against 59.6%.
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 | OILT | QQQ |
|---|---|---|
| Expense Ratio | 0.35% | 0.18%Best |
| AUM | $14M | $498.6B |
| Dividend Yield | 2.41% | 0.42% |
| Holdings | 26 | 321 |
| Volatility (annualized) | 25.3% | 17.0%Best |
| Max Drawdown | -35.2% | -22.8%Best |
| $10,000 over 2.7 years | $14,636 | $17,392Best |
| Top 10 Weight | 59.6% | 47.2%Best |
| Fund Family | Texas Capital | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Growth |
| Inception | Dec 20, 2023 | Mar 10, 1999 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized).
The two price series end 24 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. OILT has data through Sep 15, 2026 and QQQ through Oct 9, 2026.
Volatility and max drawdown, and the $10,000 over 2.7 years row, are measured over the window both funds cover: Dec 21, 2023 to Sep 15, 2026 (2.7 years).
Risk: Volatility and Drawdowns
OILT has been the more volatile fund, with annualized monthly volatility of 25.3% compared with 17.0% 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 -35.2% for OILT and -22.8% 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 -0.29. They move largely independently of each other.
Fees and Cost Over Time
OILT charges 0.35% per year while QQQ charges 0.18%. On a $10,000 position that is $35 vs $18 annually, a gap of $17 per year that compounds over a long holding period. On income, OILT currently yields 2.41% against 0.42% for QQQ.
Holdings Overlap
6.8% of OILT's money is in holdings QQQ also owns. 0.3% of QQQ's money is in holdings OILT also owns.
OILT and QQQ share little of their money.
1 positions in common, counted across the 26 positions we hold weights for in OILT and 102 in QQQ, against full books of 26 and 321.
What only one of them owns
Our book lists 95 positions for QQQ that do not appear in our book for OILT (97.5% of the fund), and 21 for OILT that do not appear in QQQ (83.3%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in OILT | Weight in QQQ | Difference |
|---|---|---|---|
| FANGDiamondback Energy, Inc. | 6.82% | 0.25% | 6.57% |
You are not choosing between two funds in isolation.
Whichever of OILT 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, OILT or QQQ?
OILT has an expense ratio of 0.35% while QQQ charges 0.18%. QQQ is the cheaper option, by $17 a year on a $10,000 investment.
Which is riskier, OILT or QQQ?
OILT has been the more volatile fund at 25.3% annualized versus 17.0% for QQQ. Worst drawdown: OILT -35.2% vs QQQ -22.8%.
Should I hold both OILT and QQQ?
OILT and QQQ have a monthly-return correlation of -0.29, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between OILT and QQQ?
6.8% of OILT's money is in holdings QQQ also owns. 0.3% of QQQ's is in holdings OILT also owns. They hold 1 positions in common, counted across the 26 positions we hold weights for in OILT and 102 in QQQ.
Which pays a higher dividend, OILT or QQQ?
OILT yields 2.41% while QQQ yields 0.42%, so OILT currently pays the higher dividend yield.
Is QQQ better than OILT?
QQQ has a lower expense ratio. OILT led over 1Y, QQQ over the full window. QQQ is less concentrated, with 47.2% of the fund in its ten largest positions against 59.6%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.