MQQQ vs QQQ

MQQQ vs QQQ

Which is better, MQQQ or QQQ?

Leverage Strategy against Large Cap Growth.

QQQ has a lower expense ratio. MQQQ led over 1Y and the full window. The two have moved almost in lockstep, correlation 1.00.

Lower Fees: QQQHigher Returns: MQQQ

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

MetricMQQQQQQ
Expense Ratio1.03%0.18%Best
AUM$217M$483.5B
Dividend Yield1.61%0.44%
Holdings9107
YTD Return+21.12%Best+15.18%
1Y Return+27.48%Best+19.65%
3Y Return (annualized)-+24.60%
5Y Return (annualized)-+13.94%
Volatility (annualized)37.3%18.7%Best
Max Drawdown-42.2%-22.8%Best
$10,000 over 2 years$18,807Best$15,314
Fund FamilyTradr ETFsInvesco (US)
CategoryAlternativeEquity
StyleLeverage StrategyLarge Cap Growth
InceptionSep 3, 2024Mar 10, 1999

Not shown on this pair: Top 10 Weight.

Volatility and max drawdown, and the $10,000 over 2 years row, are measured over the window both funds cover: Sep 3, 2024 to Sep 15, 2026 (2 years).

MQQQ 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 2 years both funds cover.

MQQQ vs QQQ Performance

Tradr 2X Long Innovation 100 Monthly ETF (MQQQ) is an ETF from Tradr ETFs and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year MQQQ returned +27.48% while QQQ returned +19.65%. Year to date, MQQQ is up 21.12% versus a gain of 15.18% for QQQ.

Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

MQQQ has been the more volatile fund, with annualized monthly volatility of 37.3% compared with 18.7% 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 -22.8% 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 1.00. They move almost in lockstep, so holding both mostly duplicates the same exposure.

Fees and Cost Over Time

MQQQ charges 1.03% per year while QQQ charges 0.18%. On a $10,000 position that is $103 vs $18 annually, a gap of $85 per year that compounds over a long holding period. On income, MQQQ currently yields 1.61% against 0.44% for QQQ.

Holdings Overlap

We hold position weights for 1 holding in MQQQ and 102 in QQQ, totalling 55.0% and 99.9% of the two funds. The two books name no position in common, so there is no overlap percentage to show.

0 positions in common, counted across the 1 positions we hold weights for in MQQQ and 102 in QQQ, against full books of 9 and 107.

You are not choosing between two funds in isolation.

Whichever of MQQQ and QQQ you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.

MQQQQQQ

Free for up to 10 holdings. No account needed.

Frequently Asked Questions

Which is cheaper, MQQQ or QQQ?

MQQQ has an expense ratio of 1.03% while QQQ charges 0.18%. QQQ is the cheaper option, by $85 a year on a $10,000 investment.

Which performed better, MQQQ or QQQ?

Over the past year MQQQ returned +27.48% vs +19.65% for QQQ, so MQQQ leads on 1-year performance. Over the longest common window we track (2 years), MQQQ annualized +37.14% vs +23.75% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.

Which is riskier, MQQQ or QQQ?

MQQQ has been the more volatile fund at 37.3% annualized versus 18.7% for QQQ. Worst drawdown: MQQQ -42.2% vs QQQ -22.8%.

Should I hold both MQQQ and QQQ?

MQQQ and QQQ have a monthly-return correlation of 1.00, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.

Which pays a higher dividend, MQQQ or QQQ?

MQQQ yields 1.61% while QQQ yields 0.44%, so MQQQ currently pays the higher dividend yield.

Is QQQ better than MQQQ?

QQQ has a lower expense ratio. MQQQ led over 1Y and the full window. The two have moved almost in lockstep, correlation 1.00. Which one suits a particular account depends on what it is for. This is information, not a recommendation.