QQQ vs UNHG
Invesco QQQ Trust, Series 1 vs Leverage Shares 2X Long UNH Daily ETF
Which is better, QQQ or UNHG?
Large Cap Growth against Trading-Leveraged Equity.
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 | UNHG |
|---|---|---|
| Expense Ratio | 0.18%Best | 0.77% |
| AUM | $498.6B | $61M |
| Dividend Yield | 0.42% | 9.81% |
| Holdings | 321 | 12 |
| YTD Return | +22.35%Best | -0.35% |
| 1Y Return | +22.84%Best | -20.39% |
| 3Y Return (annualized) | +27.55% | - |
| 5Y Return (annualized) | +16.36% | - |
| Volatility (annualized) | 19.7%Best | 97.6% |
| Max Drawdown | -12.0%Best | -57.0% |
| $10,000 over 1.2 years | $13,357Best | $12,532 |
| Fund Family | Invesco (US) | Leverage Shares |
| Category | Equity | Alternative |
| Style | Large Cap Growth | Trading-Leveraged Equity |
| Inception | Mar 10, 1999 | Jul 22, 2025 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 1.2 years row, are measured over the window both funds cover: Jul 22, 2025 to Oct 8, 2026 (1.2 years).
QQQ vs UNHG 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 1.2 years both funds cover.
QQQ vs UNHG Performance
Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US) and Leverage Shares 2X Long UNH Daily ETF (UNHG) is an ETF from Leverage Shares. Over the past year QQQ returned +22.84% while UNHG returned -20.39%. Year to date, QQQ is up 22.35% versus a loss of 0.35% for UNHG.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
UNHG has been the more volatile fund, with annualized monthly volatility of 97.6% compared with 19.7% 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 -12.0% for QQQ and -57.0% for UNHG. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.56. They move together some of the time, and apart the rest.
Fees and Cost Over Time
QQQ charges 0.18% per year while UNHG charges 0.77%. On a $10,000 position that is $18 vs $77 annually, a gap of $59 per year that compounds over a long holding period. On income, QQQ currently yields 0.42% against 9.81% for UNHG.
Holdings Overlap
We hold position weights for 102 holdings in QQQ and 1 in UNHG, totalling 99.9% and 12.0% 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 1 in UNHG, against full books of 321 and 12.
You are not choosing between two funds in isolation.
Whichever of QQQ and UNHG 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 UNHG?
QQQ has an expense ratio of 0.18% while UNHG charges 0.77%. QQQ is the cheaper option, by $59 a year on a $10,000 investment.
Which performed better, QQQ or UNHG?
Over the past year QQQ returned +22.84% vs -20.39% for UNHG, so QQQ leads on 1-year performance. Over the longest common window we track (1 years), QQQ annualized +27.28% vs +20.69% for UNHG. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QQQ or UNHG?
UNHG has been the more volatile fund at 97.6% annualized versus 19.7% for QQQ. Worst drawdown: QQQ -12.0% vs UNHG -57.0%.
Should I hold both QQQ and UNHG?
QQQ and UNHG have a monthly-return correlation of 0.56, 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 UNHG?
QQQ yields 0.42% while UNHG yields 9.81%, so UNHG currently pays the higher dividend yield.
Is UNHG 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.