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 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 | ULTI |
|---|---|---|
| Expense Ratio | 0.18%Best | 1.32% |
| AUM | $437.3B | $9M |
| Dividend Yield | 0.43% | 166.52% |
| Holdings | 208 | 184 |
| YTD Return | +12.98%Best | -37.38% |
| 1Y Return | +11.59%Best | -54.31% |
| 3Y Return (annualized) | +23.05% | - |
| 5Y Return (annualized) | +12.74% | - |
| Volatility (annualized) | 23.0%Best | 58.0% |
| Max Drawdown | -14.8%Best | -59.6% |
| $10,000 over 1 years | $10,471Best | $4,144 |
| 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: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 1 years row, are measured over the window both funds cover: Oct 31, 2025 to Nov 6, 2026 (1 years).
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 covers the 1 years both funds cover.
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 +11.59% while ULTI returned -54.31%. Year to date, QQQ is up 12.98% versus a loss of 37.38% 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 58.0% compared with 23.0% 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 -14.8% for QQQ and -59.6% for ULTI. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.71. 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 0.43% against 166.52% for ULTI.
Holdings Overlap
At least 3.6% of QQQ's money is in holdings ULTI also owns.
Stated as a floor: for ULTI, our book for it covers 91.2% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
QQQ and ULTI share little of their money.
4 positions in common, counted across the 101 positions we hold weights for in QQQ and 19 in ULTI, against full books of 208 and 184.
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 +11.59% vs -54.31% for ULTI, so QQQ leads on 1-year performance. Over the longest common window we track (1 years), QQQ annualized +4.71% vs -58.56% for ULTI. 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 58.0% annualized versus 23.0% for QQQ. Worst drawdown: QQQ -14.8% vs ULTI -59.6%.
Should I hold both QQQ and ULTI?
QQQ and ULTI have a monthly-return correlation of 0.71, 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 ULTI?
At least 3.6% of QQQ's money is in holdings ULTI also owns. Our book for ULTI is partial, so the real figure is this or higher. They hold 4 positions in common, counted across the 101 positions we hold weights for in QQQ and 19 in ULTI.
Which pays a higher dividend, QQQ or ULTI?
QQQ yields 0.43% while ULTI yields 166.52%, so ULTI currently pays the higher dividend yield.
Is ULTI 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.