QQQ vs UMDD
Invesco QQQ Trust, Series 1 vs UltraPro MidCap400
Which is better, QQQ or UMDD?
Large Cap Growth against Multi Alternative.
QQQ has a lower expense ratio. QQQ led over 3Y, 5Y and the full window, UMDD 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 | UMDD |
|---|---|---|
| Expense Ratio | 0.18%Best | 0.95% |
| AUM | $483.5B | $29M |
| Dividend Yield | 0.44% | 0.69% |
| Holdings | 107 | 409 |
| YTD Return | +15.21% | +17.28%Best |
| 1Y Return | +19.78% | +20.91%Best |
| 3Y Return (annualized) | +24.58%Best | +19.50% |
| 5Y Return (annualized) | +13.93%Best | +0.68% |
| Volatility (annualized) | 17.6%Best | 52.7% |
| Max Drawdown | -35.1%Best | -86.4% |
| $10,000 over 5 years | $19,195Best | $10,345 |
| 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 16, 2026 (16.6 years).
QQQ vs UMDD 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 UMDD Performance
Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US) and UltraPro MidCap400 (UMDD) is an ETF from ProShares. Over the past year QQQ returned +19.78% while UMDD returned +20.91%. Year to date, QQQ is up 15.21% versus a gain of 17.28% for UMDD.
Over three years, QQQ compounded at +24.58% per year against +19.50% for UMDD; over five years the annualized figures are +13.93% and +0.68% respectively. Across the full 17-year window we track, QQQ has the edge at +18.48% annualized vs +17.85%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
UMDD has been the more volatile fund, with annualized monthly volatility of 52.7% 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 -86.4% for UMDD. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.76. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
QQQ charges 0.18% per year while UMDD 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 0.69% for UMDD.
Holdings Overlap
We hold position weights for 102 holdings in QQQ and 396 in UMDD, totalling 99.9% and 59.5% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 102 positions we hold weights for in QQQ and 396 in UMDD, against full books of 107 and 409.
You are not choosing between two funds in isolation.
Whichever of QQQ and UMDD 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 UMDD?
QQQ has an expense ratio of 0.18% while UMDD charges 0.95%. QQQ is the cheaper option, by $77 a year on a $10,000 investment.
Which performed better, QQQ or UMDD?
Over the past year QQQ returned +19.78% vs +20.91% for UMDD, so UMDD leads on 1-year performance. Over the longest common window we track (17 years), QQQ annualized +18.48% vs +17.85% for UMDD. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QQQ or UMDD?
UMDD has been the more volatile fund at 52.7% annualized versus 17.6% for QQQ. Worst drawdown: QQQ -35.1% vs UMDD -86.4%.
Should I hold both QQQ and UMDD?
QQQ and UMDD have a monthly-return correlation of 0.76, 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 UMDD?
QQQ yields 0.44% while UMDD yields 0.69%, so UMDD currently pays the higher dividend yield.
Is UMDD better than QQQ?
QQQ has a lower expense ratio. QQQ led over 3Y, 5Y and the full window, UMDD over 1Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.