BZQ vs QQQ
ProShares UltraShort MSCI Brazil Capped 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 | BZQ | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.95% | 0.18% | |
| AUM | $3M | $496.3B | |
| Dividend Yield | 6.94% | 0.44% | |
| Holdings | 6 | 108 | |
| YTD Return | -24.09% | +16.64% | |
| 1Y Return | -48.63% | +27.27% | |
| 3Y Return (annualized) | -24.27% | +25.96% | |
| 5Y Return (annualized) | -27.22% | +14.54% | |
| Volatility (annualized) | 58.3% | 30.6% | |
| Max Drawdown | -99.8% | -83.0% | |
| Fund Family | ProShares | Invesco (US) | |
| Category | Alternative | Equity | |
| Inception | Jun 16, 2009 | Mar 10, 1999 |
BZQ vs QQQ Performance
ProShares UltraShort MSCI Brazil Capped (BZQ) is a ETF from ProShares and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year BZQ returned -48.63% while QQQ returned +27.27%. Year to date, BZQ is down 24.09% versus a gain of 16.64% for QQQ.
Over three years, BZQ compounded at -24.27% per year against +25.96% for QQQ; over five years the annualized figures are -27.22% and +14.54% respectively. Across the full 17-year window we track, QQQ has the edge at +13.03% annualized vs -29.11%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
BZQ has been the more volatile fund, with annualized monthly volatility of 58.3% 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 -99.8% for BZQ 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 -0.37. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
BZQ charges 0.95% per year while QQQ charges 0.18%. On a $10,000 position that is $95 vs $18 annually, a gap of $77 per year that compounds over a long holding period. On income, BZQ currently yields 6.94% against 0.44% for QQQ.
Frequently Asked Questions
Which is cheaper, BZQ or QQQ?
BZQ has an expense ratio of 0.95% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $77 per year of difference.
Which performed better, BZQ or QQQ?
Over the past year BZQ returned -48.63% vs +27.27% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (17 years), BZQ annualized -29.11% vs +13.03% for QQQ. Past performance does not guarantee future results.
Which is riskier, BZQ or QQQ?
BZQ has been the more volatile fund at 58.3% annualized versus 30.6% for QQQ. Worst drawdown: BZQ -99.8% vs QQQ -83.0%.
Should I hold both BZQ and QQQ?
BZQ and QQQ have a monthly-return correlation of -0.37, so combining them can provide real diversification depending on your allocation goals.
Which pays a higher dividend, BZQ or QQQ?
BZQ yields 6.94% while QQQ yields 0.44%, so BZQ currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.