MQQQ vs QQQ
Tradr 2X Long Innovation 100 Monthly ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. MQQQ delivered stronger 1-year returns. QQQ offers more diversification with 108 holdings.
Side-by-Side Comparison
| Metric | MQQQ | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.95% | 0.18% | |
| AUM | $272M | $496.3B | |
| Dividend Yield | 1.73% | 0.44% | |
| Holdings | 9 | 108 | |
| YTD Return | +25.33% | +16.64% | |
| 1Y Return | +44.56% | +27.27% | |
| 3Y Return (annualized) | - | +25.96% | |
| 5Y Return (annualized) | - | +14.54% | |
| Volatility (annualized) | 37.8% | 30.6% | |
| Max Drawdown | -42.2% | -83.0% | |
| Fund Family | Tradr ETFs | Invesco (US) | |
| Category | Alternative | Equity | |
| Inception | Sep 3, 2024 | Mar 10, 1999 |
MQQQ vs QQQ Performance
Tradr 2X Long Innovation 100 Monthly ETF (MQQQ) is a ETF from Tradr ETFs and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year MQQQ returned +44.56% while QQQ returned +27.27%. Year to date, MQQQ is up 25.33% versus a gain of 16.64% for QQQ.
Risk: Volatility and Drawdowns
MQQQ has been the more volatile fund, with annualized monthly volatility of 37.8% 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 -42.2% for MQQQ 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 1.00. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
MQQQ 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, MQQQ currently yields 1.73% against 0.44% for QQQ.
Holdings Overlap
MQQQ and QQQ share 0 holdings out of 103 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, MQQQ or QQQ?
MQQQ 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, MQQQ or QQQ?
Over the past year MQQQ returned +44.56% vs +27.27% for QQQ, so MQQQ leads on 1-year performance. Over the longest common window we track (2 years), MQQQ annualized +41.09% vs +13.03% for QQQ. Past performance does not guarantee future results.
Which is riskier, MQQQ or QQQ?
MQQQ has been the more volatile fund at 37.8% annualized versus 30.6% for QQQ. Worst drawdown: MQQQ -42.2% vs QQQ -83.0%.
Should I hold both MQQQ and QQQ?
MQQQ and QQQ have a monthly-return correlation of 1.00, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.
What is the holdings overlap between MQQQ and QQQ?
MQQQ and QQQ share 0 common holdings with a 0.0% weight overlap. Combined, they hold 103 unique securities.
Which pays a higher dividend, MQQQ or QQQ?
MQQQ yields 1.73% while QQQ yields 0.44%, so MQQQ currently pays the higher dividend yield.
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