QQQ vs UPAL
Invesco QQQ Trust, Series 1 vs ProShares Ultra Palladium K-1 Free ETF
Quick Verdict
QQQ has a lower expense ratio. QQQ offers more diversification with 108 holdings.
Side-by-Side Comparison
| Metric | QQQ | UPAL | Winner |
|---|---|---|---|
| Expense Ratio | 0.18% | 0.95% | |
| AUM | $496.3B | $3M | |
| Dividend Yield | 0.44% | 0.26% | |
| Holdings | 108 | 4 | |
| YTD Return | +16.64% | -35.05% | |
| 1Y Return | +27.27% | - | |
| 3Y Return (annualized) | +25.96% | - | |
| 5Y Return (annualized) | +14.54% | - | |
| Volatility (annualized) | 30.6% | - | |
| Max Drawdown | -83.0% | -48.2% | |
| Fund Family | Invesco (US) | ProShares | |
| Category | Equity | Alternative | |
| Inception | Mar 10, 1999 | Apr 20, 2026 |
QQQ vs UPAL Performance
Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US) and ProShares Ultra Palladium K-1 Free ETF (UPAL) is a ETF from ProShares. Year to date, QQQ is up 16.64% versus a loss of 35.05% for UPAL.
Risk: Volatility and Drawdowns
The deepest peak-to-trough decline in our data was -83.0% for QQQ and -48.2% for UPAL. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
Fees and Cost Over Time
QQQ charges 0.18% per year while UPAL 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 0.26% for UPAL.
Frequently Asked Questions
Which is cheaper, QQQ or UPAL?
QQQ has an expense ratio of 0.18% while UPAL charges 0.95%. QQQ is the cheaper option. On a $10,000 investment, that is $77 per year of difference.
Which pays a higher dividend, QQQ or UPAL?
QQQ yields 0.44% while UPAL yields 0.26%, so QQQ currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.