IVV vs QQDN
iShares Core S&P 500 ETF vs ProShares UltraShort QQQ Mega
Which is better, IVV or QQDN?
Opposite sides of the same exposure.
IVV has a lower expense ratio. IVV led over 1Y and the full window. The two move opposite each other, correlation -0.83, so holding both offsets the exposure while paying both fees.
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 | IVV | QQDN |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.95% |
| AUM | $876.4B | $1M |
| Dividend Yield | 1.06% | 6.02% |
| Holdings | 508 | 3 |
| YTD Return | +12.39%Best | -20.29% |
| 1Y Return | +16.61%Best | -23.68% |
| 3Y Return (annualized) | +21.38% | - |
| 5Y Return (annualized) | +13.51% | - |
| Volatility (annualized) | 12.0%Best | 41.2% |
| Max Drawdown | -8.9%Best | -50.2% |
| $10,000 over 1.3 years | $12,921Best | $5,229 |
| Fund Family | iShares by BlackRock (US) | ProShares |
| Category | Equity | Alternative |
| Style | Large Cap Blend | Trading-Leveraged Equity |
| Inception | May 15, 2000 | Jun 10, 2025 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 1.3 years row, are measured over the window both funds cover: Jun 12, 2025 to Sep 18, 2026 (1.3 years).
IVV vs QQDN 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 1.3 years both funds cover.
IVV vs QQDN Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and ProShares UltraShort QQQ Mega (QQDN) is an ETF from ProShares. Over the past year IVV returned +16.61% while QQDN returned -23.68%. Year to date, IVV is up 12.39% versus a loss of 20.29% for QQDN.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQDN has been the more volatile fund, with annualized monthly volatility of 41.2% compared with 12.0% for IVV. 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 -8.9% for IVV and -50.2% for QQDN. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at -0.83. They move opposite each other. Holding both offsets the exposure rather than spreading it, while paying both funds' fees.
Fees and Cost Over Time
IVV charges 0.03% per year while QQDN charges 0.95%. On a $10,000 position that is $3 vs $95 annually, a gap of $92 per year that compounds over a long holding period. On income, IVV currently yields 1.06% against 6.02% for QQDN.
You are not choosing between two funds in isolation.
Whichever of IVV and QQDN you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, IVV or QQDN?
IVV has an expense ratio of 0.03% while QQDN charges 0.95%. IVV is the cheaper option, by $92 a year on a $10,000 investment.
Which performed better, IVV or QQDN?
Over the past year IVV returned +16.61% vs -23.68% for QQDN, so IVV leads on 1-year performance. Over the longest common window we track (1 years), IVV annualized +21.79% vs -39.27% for QQDN. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or QQDN?
QQDN has been the more volatile fund at 41.2% annualized versus 12.0% for IVV. Worst drawdown: IVV -8.9% vs QQDN -50.2%.
Should I hold both IVV and QQDN?
IVV and QQDN have a monthly-return correlation of -0.83, so they move opposite each other. Holding both offsets the exposure rather than spreading it, and pays both funds' fees on the way. This is information, not a recommendation.
Which pays a higher dividend, IVV or QQDN?
IVV yields 1.06% while QQDN yields 6.02%, so QQDN currently pays the higher dividend yield.
Is QQDN better than IVV?
IVV has a lower expense ratio. IVV led over 1Y and the full window. The two move opposite each other, correlation -0.83, so holding both offsets the exposure while paying both fees. Which one suits a particular account depends on what it is for. This is information, not a recommendation.