QQQ vs ROM
Invesco QQQ Trust, Series 1 vs ProShares Ultra Technology
Which is better, QQQ or ROM?
Large Cap Growth against Multi Alternative.
QQQ has a lower expense ratio. ROM led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.97.
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 | QQQ | ROM |
|---|---|---|
| Expense Ratio | 0.18%Best | 0.95% |
| AUM | $483.5B | $1.2B |
| Dividend Yield | 0.44% | 0.06% |
| Holdings | 107 | 90 |
| YTD Return | +15.18% | +48.24%Best |
| 1Y Return | +19.65% | +61.19%Best |
| 3Y Return (annualized) | +24.60% | +49.98%Best |
| 5Y Return (annualized) | +13.94% | +20.14%Best |
| Volatility (annualized) | 18.8%Best | 41.8% |
| Max Drawdown | -53.5%Best | -83.8% |
| $10,000 over 5 years | $19,204 | $25,029Best |
| Fund Family | Invesco (US) | ProShares |
| Category | Equity | Alternative |
| Style | Large Cap Growth | Multi Alternative |
| Inception | Mar 10, 1999 | Jan 30, 2007 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Feb 1, 2007 to Sep 15, 2026 (19.6 years).
QQQ vs ROM 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 19.6 years both funds cover.
QQQ vs ROM Performance
Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US) and ProShares Ultra Technology (ROM) is an ETF from ProShares. Over the past year QQQ returned +19.65% while ROM returned +61.19%. Year to date, QQQ is up 15.18% versus a gain of 48.24% for ROM.
Over three years, QQQ compounded at +24.60% per year against +49.98% for ROM; over five years the annualized figures are +13.94% and +20.14% respectively. Across the full 20-year window we track, ROM has the edge at +23.66% annualized vs +15.37%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
ROM has been the more volatile fund, with annualized monthly volatility of 41.8% compared with 18.8% 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 -53.5% for QQQ and -83.8% for ROM. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.97. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
QQQ charges 0.18% per year while ROM 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 0.44% against 0.06% for ROM.
Holdings Overlap
At least 55.7% of QQQ's money is in holdings ROM also owns.
Stated as a floor: for ROM, our book for it covers 61.2% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
The two portfolios partly overlap.
35 positions in common, counted across the 102 positions we hold weights for in QQQ and 74 in ROM, against full books of 107 and 90.
Top Shared Holdings
| Stock | Weight in QQQ | Weight in ROM | Difference |
|---|---|---|---|
| NVDANvidia Corp | 8.44% | 8.37% | 0.07% |
| AAPLApple, Inc | 7.27% | 7.29% | 0.02% |
| MSFTMicrosoft Corp | 5.76% | 5.90% | 0.14% |
| MUMicron Technology, Inc. | 4.43% | 2.33% | 2.10% |
| AVGOBroadcom Inc | 3.16% | 2.75% | 0.41% |
| AMDAdvanced Micro Devices Inc | 3.45% | 2.29% | 1.16% |
| INTCIntel Corporation | 2.23% | 1.69% | 0.54% |
| CSCOCisco Systems Inc. - Ordinary Shares | 2.10% | 1.67% | 0.43% |
| AMATApplied Materials, Inc. | 1.86% | 1.39% | 0.47% |
| PLTRPalantir Technologies Inc | 1.60% | 1.64% | 0.04% |
55.7% of QQQ is already inside ROM.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
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Frequently Asked Questions
Which is cheaper, QQQ or ROM?
QQQ has an expense ratio of 0.18% while ROM charges 0.95%. QQQ is the cheaper option, by $77 a year on a $10,000 investment.
Which performed better, QQQ or ROM?
Over the past year QQQ returned +19.65% vs +61.19% for ROM, so ROM leads on 1-year performance. Over the longest common window we track (20 years), QQQ annualized +15.37% vs +23.66% for ROM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QQQ or ROM?
ROM has been the more volatile fund at 41.8% annualized versus 18.8% for QQQ. Worst drawdown: QQQ -53.5% vs ROM -83.8%.
Should I hold both QQQ and ROM?
QQQ and ROM have a monthly-return correlation of 0.97, 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.
What is the holdings overlap between QQQ and ROM?
At least 55.7% of QQQ's money is in holdings ROM also owns. Our book for ROM is partial, so the real figure is this or higher. They hold 35 positions in common, counted across the 102 positions we hold weights for in QQQ and 74 in ROM.
Which pays a higher dividend, QQQ or ROM?
QQQ yields 0.44% while ROM yields 0.06%, so QQQ currently pays the higher dividend yield.
Is ROM better than QQQ?
QQQ has a lower expense ratio. ROM led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 0.97. Which one suits a particular account depends on what it is for. This is information, not a recommendation.