CRCA vs QQQ
ProShares Ultra CRCL 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 103 holdings.
Side-by-Side Comparison
| Metric | CRCA | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.95% | 0.18% | |
| AUM | $89M | $455.8B | |
| Dividend Yield | 3.85% | 0.41% | |
| Holdings | 9 | 108 | |
| YTD Return | -61.44% | +19.68% | |
| 1Y Return | -92.25% | +26.75% | |
| 3Y Return (annualized) | - | +26.25% | |
| 5Y Return (annualized) | - | +15.39% | |
| Volatility (annualized) | 135.6% | 30.6% | |
| Max Drawdown | -95.5% | -83.0% | |
| Fund Family | ProShares | Invesco (US) | |
| Category | Alternative | Equity | |
| Inception | Aug 6, 2025 | Mar 10, 1999 |
CRCA vs QQQ Performance
ProShares Ultra CRCL (CRCA) is a ETF from ProShares and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year CRCA returned -92.25% while QQQ returned +26.75%. Year to date, CRCA is down 61.44% versus a gain of 19.68% for QQQ.
Risk: Volatility and Drawdowns
CRCA has been the more volatile fund, with annualized monthly volatility of 135.6% 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 -95.5% for CRCA 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 0.16. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
CRCA 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, CRCA currently yields 3.85% against 0.41% for QQQ.
Frequently Asked Questions
Which is cheaper, CRCA or QQQ?
CRCA 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, CRCA or QQQ?
Over the past year CRCA returned -92.25% vs +26.75% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (1 years), CRCA annualized -92.00% vs +13.15% for QQQ. Past performance does not guarantee future results.
Which is riskier, CRCA or QQQ?
CRCA has been the more volatile fund at 135.6% annualized versus 30.6% for QQQ. Worst drawdown: CRCA -95.5% vs QQQ -83.0%.
Should I hold both CRCA and QQQ?
CRCA and QQQ have a monthly-return correlation of 0.16, so combining them can provide real diversification depending on your allocation goals.
Which pays a higher dividend, CRCA or QQQ?
CRCA yields 3.85% while QQQ yields 0.41%, so CRCA 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.