APHG vs QQQ

Quick Verdict

QQQ has a lower expense ratio. QQQ delivered stronger 1-year returns. QQQ offers more diversification with 103 holdings.

Lower Fees: QQQHigher Returns: QQQMore Diversified: QQQ

Side-by-Side Comparison

MetricAPHGQQQWinner
Expense Ratio0.99%0.18%
AUM$385,498.17$455.8B
Dividend Yield0.00%0.41%
Holdings1108
YTD Return+7.61%+18.20%
1Y Return+7.61%+27.63%
3Y Return (annualized)-+25.54%
5Y Return (annualized)-+15.12%
Volatility (annualized)1025668.3%30.6%
Max Drawdown-94.1%-83.0%
Fund FamilyLeverage SharesInvesco (US)
CategoryAlternativeEquity
InceptionJun 16, 2026Mar 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 +7.61% while QQQ returned +27.63%. Year to date, APHG is up 7.61% versus a gain of 18.20% for QQQ.

Risk: Volatility and Drawdowns

APHG has been the more volatile fund, with annualized monthly volatility of 1025668.3% 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 0.41% for QQQ.

Holdings Overlap

0.0%overlap

APHG and QQQ share 0 holdings out of 104 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 +7.61% vs +27.63% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (19 years), APHG annualized +56.34% vs +13.11% for QQQ. Past performance does not guarantee future results.

Which is riskier, APHG or QQQ?

APHG has been the more volatile fund at 1025668.3% 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 104 unique securities.

Which pays a higher dividend, APHG or QQQ?

APHG yields 0.00% while QQQ yields 0.41%, so QQQ currently pays the higher dividend yield.

Get Full ETF Analytics

Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.

See inside every ETF you own
$29/moCancel anytime.
Try FundXLS →