QQQ vs UDOW
Invesco QQQ Trust, Series 1 vs ProShares UltraPro Dow30
Which is better, QQQ or UDOW?
Large Cap Growth against Multi Alternative.
QQQ has a lower expense ratio. QQQ led over 5Y, UDOW over 1Y, 3Y 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 | UDOW |
|---|---|---|
| Expense Ratio | 0.18%Best | 0.95% |
| AUM | $483.5B | $849M |
| Dividend Yield | 0.44% | 1.07% |
| Holdings | 107 | 42 |
| YTD Return | +16.87% | +18.98%Best |
| 1Y Return | +22.98% | +33.36%Best |
| 3Y Return (annualized) | +24.98% | +34.03%Best |
| 5Y Return (annualized) | +14.39%Best | +14.25% |
| Volatility (annualized) | 17.6%Best | 43.8% |
| Max Drawdown | -35.1%Best | -80.3% |
| $10,000 over 5 years | $19,586Best | $19,466 |
| Fund Family | Invesco (US) | ProShares |
| Category | Equity | Alternative |
| Style | Large Cap Growth | Multi Alternative |
| Inception | Mar 10, 1999 | Feb 9, 2010 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Feb 11, 2010 to Sep 11, 2026 (16.6 years).
QQQ vs UDOW 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 16.6 years both funds cover.
QQQ vs UDOW Performance
Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US) and ProShares UltraPro Dow30 (UDOW) is an ETF from ProShares. Over the past year QQQ returned +22.98% while UDOW returned +33.36%. Year to date, QQQ is up 16.87% versus a gain of 18.98% for UDOW.
Over three years, QQQ compounded at +24.98% per year against +34.03% for UDOW; over five years the annualized figures are +14.39% and +14.25% respectively. Across the full 17-year window we track, UDOW has the edge at +25.72% annualized vs +18.60%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
UDOW has been the more volatile fund, with annualized monthly volatility of 43.8% compared with 17.6% 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 -35.1% for QQQ and -80.3% for UDOW. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.78. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
QQQ charges 0.18% per year while UDOW 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 1.07% for UDOW.
Holdings Overlap
At least 35.3% of QQQ's money is in holdings UDOW also owns.
Stated as a floor: for UDOW, our book for it covers 60.8% 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.
9 positions in common, counted across the 102 positions we hold weights for in QQQ and 30 in UDOW, against full books of 107 and 42.
Top Shared Holdings
| Stock | Weight in QQQ | Weight in UDOW | Difference |
|---|---|---|---|
| NVDANvidia Corp. | 8.44% | 1.21% | 7.23% |
| AAPLApple, Inc | 7.27% | 1.72% | 5.55% |
| MSFTMicrosoft Corp 4.100 Feb 06 37 | 5.76% | 2.70% | 3.06% |
| AMZNAmazon.Com Inc | 4.67% | 1.51% | 3.16% |
| GOOGLAlphabet A Usd 0.001 | 3.36% | 2.01% | 1.35% |
| AMGNAmgen Inc. | 0.97% | 2.26% | 1.29% |
| WMTWalmart, Inc. | 2.41% | 0.62% | 1.79% |
| CSCOCisco Systems Inc. - Ordinary Shares | 2.10% | 0.67% | 1.43% |
| HONHoneywell International Inc | 0.35% | 1.37% | 1.02% |
35.3% of QQQ is already inside UDOW.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, QQQ or UDOW?
QQQ has an expense ratio of 0.18% while UDOW charges 0.95%. QQQ is the cheaper option, by $77 a year on a $10,000 investment.
Which performed better, QQQ or UDOW?
Over the past year QQQ returned +22.98% vs +33.36% for UDOW, so UDOW leads on 1-year performance. Over the longest common window we track (17 years), QQQ annualized +18.60% vs +25.72% for UDOW. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QQQ or UDOW?
UDOW has been the more volatile fund at 43.8% annualized versus 17.6% for QQQ. Worst drawdown: QQQ -35.1% vs UDOW -80.3%.
Should I hold both QQQ and UDOW?
QQQ and UDOW have a monthly-return correlation of 0.78, 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 UDOW?
At least 35.3% of QQQ's money is in holdings UDOW also owns. Our book for UDOW is partial, so the real figure is this or higher. They hold 9 positions in common, counted across the 102 positions we hold weights for in QQQ and 30 in UDOW.
Which pays a higher dividend, QQQ or UDOW?
QQQ yields 0.44% while UDOW yields 1.07%, so UDOW currently pays the higher dividend yield.
Is UDOW better than QQQ?
QQQ has a lower expense ratio. QQQ led over 5Y, UDOW over 1Y, 3Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.