MQQQ vs SPYQ
Tradr 2X Long Innovation 100 Monthly ETF vs Tradr 2X Long SPY Quarterly ETF
Which is better, MQQQ or SPYQ?
Each has led over a different period.
SPYQ has a lower expense ratio. MQQQ led over the full window, SPYQ over 1Y.
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 | MQQQ | SPYQ |
|---|---|---|
| Expense Ratio | 1.03% | 1.00%Best |
| AUM | $174M | $12M |
| Dividend Yield | 1.76% | 0.14% |
| Holdings | 18 | 18 |
| YTD Return | +13.88% | +15.69%Best |
| 1Y Return | +10.24% | +15.11%Best |
| Volatility (annualized) | 38.1% | 24.7%Best |
| Max Drawdown | -42.2% | -35.9%Best |
| $10,000 over 2.1 years | $16,462Best | $15,275 |
| Fund Family | Tradr ETFs | Tradr ETFs |
| Category | Alternative | Alternative |
| Style | Leverage Strategy | Leverage Strategy |
| Inception | Sep 3, 2024 | Sep 30, 2024 |
Not shown on this pair: 3Y Return (annualized), 5Y Return (annualized), Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.1 years row, are measured over the window both funds cover: Oct 1, 2024 to Nov 12, 2026 (2.1 years).
MQQQ vs SPYQ 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 2.1 years both funds cover.
MQQQ vs SPYQ Performance
Tradr 2X Long Innovation 100 Monthly ETF (MQQQ) is an ETF from Tradr ETFs and Tradr 2X Long SPY Quarterly ETF (SPYQ) is an ETF from Tradr ETFs. Over the past year MQQQ returned +10.24% while SPYQ returned +15.11%. Year to date, MQQQ is up 13.88% versus a gain of 15.69% for SPYQ.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
MQQQ has been the more volatile fund, with annualized monthly volatility of 38.1% compared with 24.7% for SPYQ. 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 -35.9% for SPYQ. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.89. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
MQQQ charges 1.03% per year while SPYQ charges 1.00%. On a $10,000 position that is $103 vs $100 annually, a gap of $3 per year that compounds over a long holding period. On income, MQQQ currently yields 1.76% against 0.14% for SPYQ.
Holdings Overlap
We hold position weights for 1 holding in MQQQ and 1 in SPYQ, totalling 57.3% and 54.8% 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 1 in SPYQ, against full books of 18 and 18.
You are not choosing between two funds in isolation.
Whichever of MQQQ and SPYQ 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, MQQQ or SPYQ?
MQQQ has an expense ratio of 1.03% while SPYQ charges 1.00%. SPYQ is the cheaper option, by $3 a year on a $10,000 investment.
Which performed better, MQQQ or SPYQ?
Over the past year MQQQ returned +10.24% vs +15.11% for SPYQ, so SPYQ leads on 1-year performance. Over the longest common window we track (2 years), MQQQ annualized +26.79% vs +22.35% for SPYQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, MQQQ or SPYQ?
MQQQ has been the more volatile fund at 38.1% annualized versus 24.7% for SPYQ. Worst drawdown: MQQQ -42.2% vs SPYQ -35.9%.
Should I hold both MQQQ and SPYQ?
MQQQ and SPYQ have a monthly-return correlation of 0.89, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, MQQQ or SPYQ?
MQQQ yields 1.76% while SPYQ yields 0.14%, so MQQQ currently pays the higher dividend yield.
Is SPYQ better than MQQQ?
SPYQ has a lower expense ratio. MQQQ led over the full window, SPYQ over 1Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.