EQRR vs QQQ
ProShares Equities for Rising Rates ETF vs Invesco QQQ Trust, Series 1
Which is better, EQRR or QQQ?
Large Cap Value against Large Cap Growth.
QQQ has a lower expense ratio. EQRR led over 1Y, QQQ over 3Y, 5Y and the full window. EQRR is less concentrated, with 33.7% of the fund in its ten largest positions against 47.2%.
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 | EQRR | QQQ |
|---|---|---|
| Expense Ratio | 0.35% | 0.18%Best |
| AUM | $38M | $498.6B |
| Dividend Yield | 1.01% | 0.42% |
| Holdings | 50 | 321 |
| YTD Return | +31.60%Best | +21.44% |
| 1Y Return | +36.88%Best | +23.58% |
| 3Y Return (annualized) | +22.01% | +27.86%Best |
| 5Y Return (annualized) | +13.92% | +16.25%Best |
| Volatility (annualized) | 25.0% | 19.6%Best |
| Max Drawdown | -59.5% | -35.1%Best |
| $10,000 over 5 years | $19,187 | $21,231Best |
| Top 10 Weight | 33.7%Best | 47.2% |
| Fund Family | ProShares | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Growth |
| Inception | Jul 24, 2017 | Mar 10, 1999 |
Volatility and max drawdown are measured over the window both funds cover: Jul 25, 2017 to Oct 1, 2026 (9.2 years).
EQRR 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 9.2 years both funds cover.
EQRR vs QQQ Performance
ProShares Equities for Rising Rates ETF (EQRR) is an ETF from ProShares and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year EQRR returned +36.88% while QQQ returned +23.58%. Year to date, EQRR is up 31.60% versus a gain of 21.44% for QQQ.
Over three years, EQRR compounded at +22.01% per year against +27.86% for QQQ; over five years the annualized figures are +13.92% and +16.25% respectively. Across the full 9-year window we track, QQQ has the edge at +19.94% annualized vs +9.78%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
EQRR has been the more volatile fund, with annualized monthly volatility of 25.0% compared with 19.6% 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 -59.5% for EQRR and -35.1% 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 0.58. They move together some of the time, and apart the rest.
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 1.01% against 0.42% for QQQ.
Holdings Overlap
29.6% of EQRR's money is in holdings QQQ also owns. 24.6% of QQQ's money is in holdings EQRR also owns.
EQRR and QQQ share little of their money.
16 positions in common, counted across the 50 positions we hold weights for in EQRR and 102 in QQQ, against full books of 50 and 321.
What only one of them owns
Measured across the 50 and 102 positions we hold weights for.
QQQ holds 80 positions EQRR does not, 73.1% of the fund.
Largest: AAPL 7.80%, MSFT 5.88%, MU 4.85%, AMD 3.71%, META 3.07%
Top Shared Holdings
| Stock | Weight in EQRR | Weight in QQQ | Difference |
|---|---|---|---|
| NVDANvidia Corp | 2.43% | 8.45% | 6.02% |
| GOOGLAlphabet Inc,class A | 2.30% | 3.15% | 0.85% |
| AMZNAmazon.Com Inc | 0.97% | 4.41% | 3.44% |
| CRWDCrowdstrike Holdings Inc | 2.98% | 0.93% | 2.05% |
| PANWPalo Alto Networks, Inc | 2.72% | 1.19% | 1.53% |
| FANGDiamondback Energy, Inc. | 3.04% | 0.25% | 2.79% |
| CSCOCisco Systems Inc. - Ordinary Shares | 1.29% | 1.95% | 0.66% |
| FTNTFortinet Inc | 2.49% | 0.50% | 1.99% |
| BKRBaker Hughes Co | 2.67% | 0.26% | 2.41% |
| SNPSSynopsys | 1.86% | 0.34% | 1.52% |
29.6% of EQRR is already inside QQQ.
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, EQRR or QQQ?
EQRR has an expense ratio of 0.35% while QQQ charges 0.18%. QQQ is the cheaper option, by $17 a year on a $10,000 investment.
Which performed better, EQRR or QQQ?
Over the past year EQRR returned +36.88% vs +23.58% for QQQ, so EQRR leads on 1-year performance. Over the longest common window we track (9 years), EQRR annualized +9.78% vs +19.94% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, EQRR or QQQ?
EQRR has been the more volatile fund at 25.0% annualized versus 19.6% for QQQ. Worst drawdown: EQRR -59.5% vs QQQ -35.1%.
Should I hold both EQRR and QQQ?
EQRR and QQQ have a monthly-return correlation of 0.58, 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 EQRR and QQQ?
29.6% of EQRR's money is in holdings QQQ also owns. 24.6% of QQQ's is in holdings EQRR also owns. They hold 16 positions in common, counted across the 50 positions we hold weights for in EQRR and 102 in QQQ.
Which pays a higher dividend, EQRR or QQQ?
EQRR yields 1.01% while QQQ yields 0.42%, so EQRR currently pays the higher dividend yield.
Is QQQ better than EQRR?
QQQ has a lower expense ratio. EQRR led over 1Y, QQQ over 3Y, 5Y and the full window. EQRR is less concentrated, with 33.7% of the fund in its ten largest positions against 47.2%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.