APHG vs QQQ
Leverage Shares 2X Long APH Daily ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. QQQ delivered stronger 1-year returns. QQQ offers more diversification with 108 holdings.
Side-by-Side Comparison
| Metric | APHG | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.99% | 0.18% | |
| AUM | $467,122.13 | $496.3B | |
| Dividend Yield | 0.00% | 0.44% | |
| Holdings | 3 | 108 | |
| YTD Return | -3.40% | +17.89% | |
| 1Y Return | -3.40% | +26.35% | |
| 3Y Return (annualized) | - | +26.02% | |
| 5Y Return (annualized) | - | +14.59% | |
| Volatility (annualized) | 1025668.6% | 30.6% | |
| Max Drawdown | -94.1% | -83.0% | |
| Fund Family | Leverage Shares | Invesco (US) | |
| Category | Alternative | Equity | |
| Inception | Jun 16, 2026 | Mar 10, 1999 |
APHG vs QQQ Performance
Leverage Shares 2X Long APH Daily ETF (APHG) is a ETF from Leverage Shares and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year APHG returned -3.40% while QQQ returned +26.35%. Year to date, APHG is down 3.40% versus a gain of 17.89% for QQQ.
Risk: Volatility and Drawdowns
APHG has been the more volatile fund, with annualized monthly volatility of 1025668.6% compared with 30.6% 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 -94.1% for APHG and -83.0% for QQQ. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at -0.07. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
APHG charges 0.99% per year while QQQ charges 0.18%. On a $10,000 position that is $99 vs $18 annually, a gap of $81 per year that compounds over a long holding period. On income, APHG currently yields 0.00% against 0.44% for QQQ.
Holdings Overlap
APHG and QQQ share 0 holdings out of 103 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, APHG or QQQ?
APHG has an expense ratio of 0.99% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $81 per year of difference.
Which performed better, APHG or QQQ?
Over the past year APHG returned -3.40% vs +26.35% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (19 years), APHG annualized +55.23% vs +13.07% for QQQ. Past performance does not guarantee future results.
Which is riskier, APHG or QQQ?
APHG has been the more volatile fund at 1025668.6% annualized versus 30.6% for QQQ. Worst drawdown: APHG -94.1% vs QQQ -83.0%.
Should I hold both APHG and QQQ?
APHG and QQQ have a monthly-return correlation of -0.07, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between APHG and QQQ?
APHG and QQQ share 0 common holdings with a 0.0% weight overlap. Combined, they hold 103 unique securities.
Which pays a higher dividend, APHG or QQQ?
APHG yields 0.00% while QQQ yields 0.44%, so QQQ currently pays the higher dividend yield.
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