DDM vs QQQ
ProShares Ultra Dow30 vs Invesco QQQ Trust, Series 1
Which is better, DDM or QQQ?
Trading-Leveraged Equity against Large Cap Growth.
QQQ has a lower expense ratio. DDM led over 1Y, QQQ over 3Y, 5Y and the full window.
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 | DDM | QQQ |
|---|---|---|
| Expense Ratio | 0.95% | 0.18%Best |
| AUM | $573M | $483.5B |
| Dividend Yield | 0.91% | 0.44% |
| Holdings | 43 | 107 |
| YTD Return | +9.97% | +15.21%Best |
| 1Y Return | +21.24%Best | +19.78% |
| 3Y Return (annualized) | +24.00% | +24.58%Best |
| 5Y Return (annualized) | +12.23% | +13.93%Best |
| Volatility (annualized) | 30.1% | 18.6%Best |
| Max Drawdown | -82.8% | -53.5%Best |
| $10,000 over 5 years | $17,805 | $19,195Best |
| Fund Family | ProShares | Invesco (US) |
| Category | Alternative | Equity |
| Style | Trading-Leveraged Equity | Large Cap Growth |
| Inception | Jun 19, 2006 | Mar 10, 1999 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Jun 21, 2006 to Sep 16, 2026 (20.2 years).
DDM vs QQQ growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 20.2 years both funds cover.
DDM vs QQQ Performance
ProShares Ultra Dow30 (DDM) is an ETF from ProShares and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year DDM returned +21.24% while QQQ returned +19.78%. Year to date, DDM is up 9.97% versus a gain of 15.21% for QQQ.
Over three years, DDM compounded at +24.00% per year against +24.58% for QQQ; over five years the annualized figures are +12.23% and +13.93% respectively. Across the full 20-year window we track, QQQ has the edge at +15.61% annualized vs +12.54%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
DDM has been the more volatile fund, with annualized monthly volatility of 30.1% compared with 18.6% 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 -82.8% for DDM and -53.5% 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 0.80. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
DDM 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, DDM currently yields 0.91% against 0.44% for QQQ.
Holdings Overlap
At least 35.3% of QQQ's money is in holdings DDM also owns.
Stated as a floor: for DDM, our book for it covers 82.7% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
The two portfolios partly overlap.
9 positions in common, counted across the 31 positions we hold weights for in DDM and 102 in QQQ, against full books of 43 and 107.
Top Shared Holdings
| Stock | Weight in DDM | Weight in QQQ | Difference |
|---|---|---|---|
| NVDANvidia Corp | 1.57% | 8.44% | 6.87% |
| AAPLApple, Inc | 2.26% | 7.27% | 5.01% |
| MSFTMicrosoft Corp | 3.62% | 5.76% | 2.14% |
| AMZNAmazon.Com Inc | 1.85% | 4.67% | 2.82% |
| GOOGLAlphabet Inc,class A | 2.42% | 3.36% | 0.94% |
| AMGNAmgen Inc. | 3.06% | 0.97% | 2.09% |
| WMTWalmart, Inc. | 0.75% | 2.41% | 1.66% |
| CSCOCisco Systems Inc. - Ordinary Shares | 0.79% | 2.10% | 1.31% |
| HONHoneywell International Inc. | 1.52% | 0.35% | 1.17% |
35.3% of QQQ is already inside DDM.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, DDM or QQQ?
DDM has an expense ratio of 0.95% while QQQ charges 0.18%. QQQ is the cheaper option, by $77 a year on a $10,000 investment.
Which performed better, DDM or QQQ?
Over the past year DDM returned +21.24% vs +19.78% for QQQ, so DDM leads on 1-year performance. Over the longest common window we track (20 years), DDM annualized +12.54% vs +15.61% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, DDM or QQQ?
DDM has been the more volatile fund at 30.1% annualized versus 18.6% for QQQ. Worst drawdown: DDM -82.8% vs QQQ -53.5%.
Should I hold both DDM and QQQ?
DDM and QQQ have a monthly-return correlation of 0.80, 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 DDM and QQQ?
At least 35.3% of QQQ's money is in holdings DDM also owns. Our book for DDM is partial, so the real figure is this or higher. They hold 9 positions in common, counted across the 31 positions we hold weights for in DDM and 102 in QQQ.
Which pays a higher dividend, DDM or QQQ?
DDM yields 0.91% while QQQ yields 0.44%, so DDM currently pays the higher dividend yield.
Is QQQ better than DDM?
QQQ has a lower expense ratio. DDM led over 1Y, QQQ over 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.