QQQ vs SUPL
Invesco QQQ Trust, Series 1 vs ProShares Supply Chain Logistics ETF
Which is better, QQQ or SUPL?
QQQ has been ahead.
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y and the full window. SUPL is less concentrated, with 46.1% of the fund in its ten largest positions against 46.5%.
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 | SUPL |
|---|---|---|
| Expense Ratio | 0.18%Best | 0.58% |
| AUM | $483.5B | $2M |
| Dividend Yield | 0.44% | 2.51% |
| Holdings | 107 | 40 |
| YTD Return | +21.71%Best | +11.21% |
| 1Y Return | +25.89%Best | +21.64% |
| 3Y Return (annualized) | +28.80%Best | +8.44% |
| 5Y Return (annualized) | +15.67% | - |
| Volatility (annualized) | 19.9%Best | 20.1% |
| Max Drawdown | -26.2% | -24.4%Best |
| $10,000 over 4.5 years | $21,702Best | $12,402 |
| Top 10 Weight | 46.5% | 46.1%Best |
| Fund Family | Invesco (US) | ProShares |
| Category | Equity | Equity |
| Style | Large Cap Growth | Large Cap Growth |
| Inception | Mar 10, 1999 | Apr 6, 2022 |
Volatility and max drawdown, and the $10,000 over 4.5 years row, are measured over the window both funds cover: Apr 7, 2022 to Sep 25, 2026 (4.5 years).
QQQ vs SUPL 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 4.5 years both funds cover.
QQQ vs SUPL Performance
Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US) and ProShares Supply Chain Logistics ETF (SUPL) is an ETF from ProShares. Over the past year QQQ returned +25.89% while SUPL returned +21.64%. Year to date, QQQ is up 21.71% versus a gain of 11.21% for SUPL.
Over three years, QQQ compounded at +28.80% per year against +8.44% for SUPL.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SUPL has been the more volatile fund, with annualized monthly volatility of 20.1% compared with 19.9% 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 -26.2% for QQQ and -24.4% for SUPL. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.67. They move together some of the time, and apart the rest.
Fees and Cost Over Time
QQQ charges 0.18% per year while SUPL charges 0.58%. On a $10,000 position that is $18 vs $58 annually, a gap of $40 per year that compounds over a long holding period. On income, QQQ currently yields 0.44% against 2.51% for SUPL.
Holdings Overlap
0.6% of QQQ's money is in holdings SUPL also owns. 8.5% of SUPL's money is in holdings QQQ also owns.
SUPL and QQQ share little of their money.
2 positions in common, counted across the 102 positions we hold weights for in QQQ and 40 in SUPL, against full books of 107 and 40.
What only one of them owns
Our book lists 17 positions for SUPL that do not appear in our book for QQQ (43.3% of the fund), and 94 for QQQ that do not appear in SUPL (96.9%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
You are not choosing between two funds in isolation.
Whichever of QQQ and SUPL 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 SUPL?
QQQ has an expense ratio of 0.18% while SUPL charges 0.58%. QQQ is the cheaper option, by $40 a year on a $10,000 investment.
Which performed better, QQQ or SUPL?
Over the past year QQQ returned +25.89% vs +21.64% for SUPL, so QQQ leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QQQ or SUPL?
SUPL has been the more volatile fund at 20.1% annualized versus 19.9% for QQQ. Worst drawdown: QQQ -26.2% vs SUPL -24.4%.
Should I hold both QQQ and SUPL?
QQQ and SUPL have a monthly-return correlation of 0.67, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between QQQ and SUPL?
8.5% of SUPL's money is in holdings QQQ also owns. 8.5% of SUPL's is in holdings QQQ also owns. They hold 2 positions in common, counted across the 102 positions we hold weights for in QQQ and 40 in SUPL.
Which pays a higher dividend, QQQ or SUPL?
QQQ yields 0.44% while SUPL yields 2.51%, so SUPL currently pays the higher dividend yield.
Is SUPL better than QQQ?
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y and the full window. SUPL is less concentrated, with 46.1% of the fund in its ten largest positions against 46.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.