QQQ vs UYM
Invesco QQQ Trust, Series 1 vs ProShares Ultra Materials
Which is better, QQQ or UYM?
Large Cap Growth against Multi Alternative.
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y 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 | UYM |
|---|---|---|
| Expense Ratio | 0.18%Best | 0.95% |
| AUM | $498.6B | $35M |
| Dividend Yield | 0.42% | 1.09% |
| Holdings | 321 | 31 |
| YTD Return | +23.76%Best | +10.60% |
| 1Y Return | +25.02%Best | +15.10% |
| 3Y Return (annualized) | +28.26%Best | +10.79% |
| 5Y Return (annualized) | +16.87%Best | +5.62% |
| Volatility (annualized) | 18.7%Best | 45.6% |
| Max Drawdown | -53.5%Best | -92.8% |
| $10,000 over 5 years | $21,803Best | $13,144 |
| Fund Family | Invesco (US) | ProShares |
| Category | Equity | Alternative |
| Style | Large Cap Growth | Multi Alternative |
| Inception | Mar 10, 1999 | Jan 30, 2007 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Feb 1, 2007 to Oct 5, 2026 (19.7 years).
QQQ vs UYM 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 UYM Performance
Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US) and ProShares Ultra Materials (UYM) is an ETF from ProShares. Over the past year QQQ returned +25.02% while UYM returned +15.10%. Year to date, QQQ is up 23.76% versus a gain of 10.60% for UYM.
Over three years, QQQ compounded at +28.26% per year against +10.79% for UYM; over five years the annualized figures are +16.87% and +5.62% respectively. Across the full 20-year window we track, QQQ has the edge at +15.75% annualized vs +2.40%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
UYM has been the more volatile fund, with annualized monthly volatility of 45.6% compared with 18.7% 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 -53.5% for QQQ and -92.8% for UYM. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.72. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
QQQ charges 0.18% per year while UYM 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 0.42% against 1.09% for UYM.
Holdings Overlap
At least 0.9% of QQQ's money is in holdings UYM also owns.
Stated as a floor: for UYM, our book for it covers 71.4% 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.
1 positions in common, counted across the 102 positions we hold weights for in QQQ and 26 in UYM, against full books of 321 and 31.
Top Shared Holdings
| Stock | Weight in QQQ | Weight in UYM | Difference |
|---|---|---|---|
| LINLinde Plc Ordinary Shares | 0.95% | 9.35% | 8.40% |
You are not choosing between two funds in isolation.
Whichever of QQQ and UYM 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 UYM?
QQQ has an expense ratio of 0.18% while UYM charges 0.95%. QQQ is the cheaper option, by $77 a year on a $10,000 investment.
Which performed better, QQQ or UYM?
Over the past year QQQ returned +25.02% vs +15.10% for UYM, so QQQ leads on 1-year performance. Over the longest common window we track (20 years), QQQ annualized +15.75% vs +2.40% for UYM. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QQQ or UYM?
UYM has been the more volatile fund at 45.6% annualized versus 18.7% for QQQ. Worst drawdown: QQQ -53.5% vs UYM -92.8%.
Should I hold both QQQ and UYM?
QQQ and UYM have a monthly-return correlation of 0.72, 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 UYM?
QQQ yields 0.42% while UYM yields 1.09%, so UYM currently pays the higher dividend yield.
Is UYM better than QQQ?
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.