QQQ vs ULTI
Invesco QQQ Trust, Series 1 vs REX IncomeMax Option Strategy ETF
Which is better, QQQ or ULTI?
Large Cap Growth against Option Writing.
QQQ has a lower expense ratio. QQQ led over 1Y.
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 | ULTI |
|---|---|---|
| Expense Ratio | 0.18%Best | 1.32% |
| AUM | $498.6B | $19M |
| Dividend Yield | 0.42% | 117.97% |
| Holdings | 321 | 92 |
| YTD Return | +22.67%Best | -23.67% |
| 1Y Return | +24.33%Best | -50.19% |
| 3Y Return (annualized) | +29.05% | - |
| 5Y Return (annualized) | +17.00% | - |
| Volatility (annualized) | 21.7%Best | 59.5% |
| Fund Family | Invesco (US) | REX Shares |
| Category | Equity | Alternative |
| Style | Large Cap Growth | Option Writing |
| Inception | Mar 10, 1999 | Oct 31, 2025 |
Not shown on this pair: Max Drawdown, $10,000 over the window, Top 10 Weight.
QQQ vs ULTI 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
QQQ vs ULTI Performance
Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US) and REX IncomeMax Option Strategy ETF (ULTI) is an ETF from REX Shares. Over the past year QQQ returned +24.33% while ULTI returned -50.19%. Year to date, QQQ is up 22.67% versus a loss of 23.67% for ULTI.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
ULTI has been the more volatile fund, with annualized monthly volatility of 59.5% compared with 21.7% for QQQ. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The two funds' monthly returns correlate at 0.70. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
QQQ charges 0.18% per year while ULTI charges 1.32%. On a $10,000 position that is $18 vs $132 annually, a gap of $114 per year that compounds over a long holding period. On income, QQQ currently yields 0.42% against 117.97% for ULTI.
Holdings Overlap
At least 0.5% of QQQ's money is in holdings ULTI also owns.
Stated as a floor: for ULTI, our book for it covers 62.2% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
We cannot see either book well enough to say how much of this pair is duplicated.
2 positions in common, counted across the 102 positions we hold weights for in QQQ and 12 in ULTI, against full books of 321 and 92.
You are not choosing between two funds in isolation.
Whichever of QQQ and ULTI 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 ULTI?
QQQ has an expense ratio of 0.18% while ULTI charges 1.32%. QQQ is the cheaper option, by $114 a year on a $10,000 investment.
Which performed better, QQQ or ULTI?
Over the past year QQQ returned +24.33% vs -50.19% for ULTI, 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 ULTI?
ULTI has been the more volatile fund at 59.5% annualized versus 21.7% for QQQ.
Should I hold both QQQ and ULTI?
QQQ and ULTI have a monthly-return correlation of 0.70, 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 ULTI?
QQQ yields 0.42% while ULTI yields 117.97%, so ULTI currently pays the higher dividend yield.
Is ULTI better than QQQ?
QQQ has a lower expense ratio. QQQ led over 1Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.