QQQ vs REW
Invesco QQQ Trust, Series 1 vs ProShares UltraShort Technology
Quick Verdict
QQQ has a lower expense ratio. QQQ delivered stronger 1-year returns. QQQ offers more diversification with 103 holdings.
Side-by-Side Comparison
| Metric | QQQ | REW | Winner |
|---|---|---|---|
| Expense Ratio | 0.18% | 0.95% | |
| AUM | $455.8B | $4M | |
| Dividend Yield | 0.41% | 7.81% | |
| Holdings | 108 | 9 | |
| YTD Return | +17.46% | -46.05% | |
| 1Y Return | +26.02% | -55.22% | |
| 3Y Return (annualized) | +25.51% | -46.37% | |
| 5Y Return (annualized) | +15.12% | -37.24% | |
| Volatility (annualized) | 30.6% | 38.4% | |
| Max Drawdown | -83.0% | -100.0% | |
| Fund Family | Invesco (US) | ProShares | |
| Category | Equity | Alternative | |
| Inception | Mar 10, 1999 | Jan 30, 2007 |
QQQ vs REW Performance
Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US) and ProShares UltraShort Technology (REW) is a ETF from ProShares. Over the past year QQQ returned +26.02% while REW returned -55.22%. Year to date, QQQ is up 17.46% versus a loss of 46.05% for REW.
Over three years, QQQ compounded at +25.51% per year against -46.37% for REW; over five years the annualized figures are +15.12% and -37.24% respectively. Across the full 20-year window we track, QQQ has the edge at +13.08% annualized vs -37.79%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
REW has been the more volatile fund, with annualized monthly volatility of 38.4% 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 -83.0% for QQQ and -100.0% for REW. 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 -0.95. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
QQQ charges 0.18% per year while REW charges 0.95%. On a $10,000 position that is $18 vs $95 annually, a gap of $77 per year that compounds over a long holding period. On income, QQQ currently yields 0.41% against 7.81% for REW.
Frequently Asked Questions
Which is cheaper, QQQ or REW?
QQQ has an expense ratio of 0.18% while REW charges 0.95%. QQQ is the cheaper option. On a $10,000 investment, that is $77 per year of difference.
Which performed better, QQQ or REW?
Over the past year QQQ returned +26.02% vs -55.22% for REW, so QQQ leads on 1-year performance. Over the longest common window we track (20 years), QQQ annualized +13.08% vs -37.79% for REW. Past performance does not guarantee future results.
Which is riskier, QQQ or REW?
REW has been the more volatile fund at 38.4% annualized versus 30.6% for QQQ. Worst drawdown: QQQ -83.0% vs REW -100.0%.
Should I hold both QQQ and REW?
QQQ and REW have a monthly-return correlation of -0.95, so combining them can provide real diversification depending on your allocation goals.
Which pays a higher dividend, QQQ or REW?
QQQ yields 0.41% while REW yields 7.81%, so REW currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.