QQQ vs SLON
Invesco QQQ Trust, Series 1 vs ProShares Ultra Solana ETF
Which is better, QQQ or SLON?
QQQ has been ahead.
QQQ has a lower expense ratio. QQQ led over 1Y and the full window.
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 | SLON |
|---|---|---|
| Expense Ratio | 0.18%Best | 2.14% |
| AUM | $483.5B | $23M |
| Dividend Yield | 0.44% | 12.10% |
| Holdings | 107 | 2 |
| YTD Return | +17.21%Best | -60.29% |
| 1Y Return | +22.10%Best | -91.02% |
| 3Y Return (annualized) | +25.27% | - |
| 5Y Return (annualized) | +14.60% | - |
| Volatility (annualized) | 20.5%Best | 123.6% |
| Max Drawdown | -12.0%Best | -96.3% |
| $10,000 over 1.2 years | $13,012Best | $1,590 |
| Fund Family | Invesco (US) | ProShares |
| Category | Equity | Alternative |
| Style | Large Cap Growth | - |
| Inception | Mar 10, 1999 | Jul 14, 2025 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 1.2 years row, are measured over the window both funds cover: Jul 15, 2025 to Sep 17, 2026 (1.2 years).
QQQ vs SLON 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 1.2 years both funds cover.
QQQ vs SLON Performance
Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US) and ProShares Ultra Solana ETF (SLON) is an ETF from ProShares. Over the past year QQQ returned +22.10% while SLON returned -91.02%. Year to date, QQQ is up 17.21% versus a loss of 60.29% for SLON.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SLON has been the more volatile fund, with annualized monthly volatility of 123.6% compared with 20.5% 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 -12.0% for QQQ and -96.3% for SLON. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.23. They move largely independently of each other.
Fees and Cost Over Time
QQQ charges 0.18% per year while SLON charges 2.14%. On a $10,000 position that is $18 vs $214 annually, a gap of $196 per year that compounds over a long holding period. On income, QQQ currently yields 0.44% against 12.10% for SLON.
You are not choosing between two funds in isolation.
Whichever of QQQ and SLON 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, QQQ or SLON?
QQQ has an expense ratio of 0.18% while SLON charges 2.14%. QQQ is the cheaper option, by $196 a year on a $10,000 investment.
Which performed better, QQQ or SLON?
Over the past year QQQ returned +22.10% vs -91.02% for SLON, so QQQ leads on 1-year performance. Over the longest common window we track (1 years), QQQ annualized +24.53% vs -78.40% for SLON. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QQQ or SLON?
SLON has been the more volatile fund at 123.6% annualized versus 20.5% for QQQ. Worst drawdown: QQQ -12.0% vs SLON -96.3%.
Should I hold both QQQ and SLON?
QQQ and SLON have a monthly-return correlation of 0.23, 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, QQQ or SLON?
QQQ yields 0.44% while SLON yields 12.10%, so SLON currently pays the higher dividend yield.
Is SLON better than QQQ?
QQQ has a lower expense ratio. QQQ led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.