EQRR vs QQQ
ProShares Equities for Rising Rates ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. EQRR delivered stronger 1-year returns. QQQ offers more diversification with 103 holdings.
Side-by-Side Comparison
| Metric | EQRR | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.35% | 0.18% | |
| AUM | $32M | $455.8B | |
| Dividend Yield | 1.08% | 0.41% | |
| Holdings | 51 | 108 | |
| YTD Return | +33.83% | +18.31% | |
| 1Y Return | +44.77% | +25.37% | |
| 3Y Return (annualized) | +19.94% | +25.79% | |
| 5Y Return (annualized) | +14.38% | +15.20% | |
| Volatility (annualized) | 25.2% | 30.6% | |
| Max Drawdown | -59.5% | -83.0% | |
| Fund Family | ProShares | Invesco (US) | |
| Category | Equity | Equity | |
| Inception | Jul 24, 2017 | Mar 10, 1999 |
EQRR vs QQQ Performance
ProShares Equities for Rising Rates ETF (EQRR) is a ETF from ProShares and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year EQRR returned +44.77% while QQQ returned +25.37%. Year to date, EQRR is up 33.83% versus a gain of 18.31% for QQQ.
Over three years, EQRR compounded at +19.94% per year against +25.79% for QQQ; over five years the annualized figures are +14.38% and +15.20% respectively. Across the full 9-year window we track, QQQ has the edge at +13.10% annualized vs +10.14%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% compared with 25.2% for EQRR. 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 -59.5% for EQRR 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 0.59. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
EQRR charges 0.35% per year while QQQ charges 0.18%. On a $10,000 position that is $35 vs $18 annually, a gap of $17 per year that compounds over a long holding period. On income, EQRR currently yields 1.08% against 0.41% for QQQ.
Holdings Overlap
EQRR and QQQ share 16 holdings out of 137 unique holdings combined, representing a 14.4% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, EQRR or QQQ?
EQRR has an expense ratio of 0.35% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $17 per year of difference.
Which performed better, EQRR or QQQ?
Over the past year EQRR returned +44.77% vs +25.37% for QQQ, so EQRR leads on 1-year performance. Over the longest common window we track (9 years), EQRR annualized +10.14% vs +13.10% for QQQ. Past performance does not guarantee future results.
Which is riskier, EQRR or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 25.2% for EQRR. Worst drawdown: EQRR -59.5% vs QQQ -83.0%.
Should I hold both EQRR and QQQ?
EQRR and QQQ have a monthly-return correlation of 0.59, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between EQRR and QQQ?
EQRR and QQQ share 16 common holdings with a 14.4% weight overlap. Combined, they hold 137 unique securities.
Which pays a higher dividend, EQRR or QQQ?
EQRR yields 1.08% while QQQ yields 0.41%, so EQRR currently pays the higher dividend yield.
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