MYY vs QQQ
ProShares Short MidCap400 vs Invesco QQQ Trust, Series 1
Which is better, MYY or QQQ?
Opposite sides of the same exposure.
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window. The two move opposite each other, correlation -0.78, 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 | MYY | QQQ |
|---|---|---|
| Expense Ratio | 0.95% | 0.18%Best |
| AUM | $3M | $498.6B |
| Dividend Yield | 4.27% | 0.42% |
| Holdings | 10 | 321 |
| YTD Return | -6.18% | +24.01%Best |
| 1Y Return | -8.07% | +25.94%Best |
| 3Y Return (annualized) | -9.98% | +28.16%Best |
| 5Y Return (annualized) | -5.24% | +16.56%Best |
| Volatility (annualized) | 17.9%Best | 18.6% |
| Max Drawdown | -96.0% | -53.5%Best |
| $10,000 over 5 years | $7,641 | $21,515Best |
| Fund Family | ProShares | Invesco (US) |
| Category | Alternative | Equity |
| Style | Trading-Inverse Equity | Large Cap Growth |
| Inception | Jun 19, 2006 | Mar 10, 1999 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Jun 21, 2006 to Oct 7, 2026 (20.3 years).
MYY 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
MYY vs QQQ Performance
ProShares Short MidCap400 (MYY) is an ETF from ProShares and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year MYY returned -8.07% while QQQ returned +25.94%. Year to date, MYY is down 6.18% versus a gain of 24.01% for QQQ.
Over three years, MYY compounded at -9.98% per year against +28.16% for QQQ; over five years the annualized figures are -5.24% and +16.56% respectively. Across the full 20-year window we track, QQQ has the edge at +15.98% annualized vs -12.47%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 18.6% compared with 17.9% for MYY. 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 -96.0% for MYY and -53.5% 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 -0.78. They move opposite each other. Holding both offsets the exposure rather than spreading it, while paying both funds' fees.
Fees and Cost Over Time
MYY 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, MYY currently yields 4.27% against 0.42% for QQQ.
You are not choosing between two funds in isolation.
Whichever of MYY and QQQ 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, MYY or QQQ?
MYY has an expense ratio of 0.95% while QQQ charges 0.18%. QQQ is the cheaper option, by $77 a year on a $10,000 investment.
Which performed better, MYY or QQQ?
Over the past year MYY returned -8.07% vs +25.94% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (20 years), MYY annualized -12.47% vs +15.98% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, MYY or QQQ?
QQQ has been the more volatile fund at 18.6% annualized versus 17.9% for MYY. Worst drawdown: MYY -96.0% vs QQQ -53.5%.
Should I hold both MYY and QQQ?
MYY and QQQ have a monthly-return correlation of -0.78, 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, MYY or QQQ?
MYY yields 4.27% while QQQ yields 0.42%, so MYY currently pays the higher dividend yield.
Is QQQ better than MYY?
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window. The two move opposite each other, correlation -0.78, 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.