QQDN vs QQQ
ProShares UltraShort QQQ Mega vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. QQQ delivered stronger 1-year returns. QQQ offers more diversification with 108 holdings.
Side-by-Side Comparison
| Metric | QQDN | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.95% | 0.18% | |
| AUM | $1M | $496.3B | |
| Dividend Yield | 5.64% | 0.44% | |
| Holdings | 4 | 108 | |
| YTD Return | -15.87% | +16.23% | |
| 1Y Return | -30.92% | +26.23% | |
| 3Y Return (annualized) | - | +25.75% | |
| 5Y Return (annualized) | - | +14.78% | |
| Volatility (annualized) | 42.6% | 30.6% | |
| Max Drawdown | -50.2% | -83.0% | |
| Fund Family | ProShares | Invesco (US) | |
| Category | Alternative | Equity | |
| Inception | Jun 10, 2025 | Mar 10, 1999 |
QQDN vs QQQ Performance
ProShares UltraShort QQQ Mega (QQDN) is a ETF from ProShares and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year QQDN returned -30.92% while QQQ returned +26.23%. Year to date, QQDN is down 15.87% versus a gain of 16.23% for QQQ.
Risk: Volatility and Drawdowns
QQDN has been the more volatile fund, with annualized monthly volatility of 42.6% 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 -50.2% for QQDN 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 -0.71. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
QQDN 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, QQDN currently yields 5.64% against 0.44% for QQQ.
Frequently Asked Questions
Which is cheaper, QQDN or QQQ?
QQDN 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, QQDN or QQQ?
Over the past year QQDN returned -30.92% vs +26.23% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (1 years), QQDN annualized -38.52% vs +13.02% for QQQ. Past performance does not guarantee future results.
Which is riskier, QQDN or QQQ?
QQDN has been the more volatile fund at 42.6% annualized versus 30.6% for QQQ. Worst drawdown: QQDN -50.2% vs QQQ -83.0%.
Should I hold both QQDN and QQQ?
QQDN and QQQ have a monthly-return correlation of -0.71, so combining them can provide real diversification depending on your allocation goals.
Which pays a higher dividend, QQDN or QQQ?
QQDN yields 5.64% while QQQ yields 0.44%, so QQDN currently pays the higher dividend yield.
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