QQQP vs SPY
Tradr 2X Long Innovation 100 Quarterly ETF vs State Street SPDR S&P 500 ETF Trust
Quick Verdict
SPY has a lower expense ratio. QQQP delivered stronger 1-year returns. SPY offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | QQQP | SPY | Winner |
|---|---|---|---|
| Expense Ratio | 0.95% | 0.09% | |
| AUM | $16M | $821.1B | |
| Dividend Yield | 0.00% | 1.01% | |
| Holdings | 9 | 505 | |
| YTD Return | +24.23% | +12.68% | |
| 1Y Return | +43.16% | +21.82% | |
| 3Y Return (annualized) | - | +21.98% | |
| 5Y Return (annualized) | - | +12.89% | |
| Volatility (annualized) | 37.1% | 15.3% | |
| Max Drawdown | -42.5% | -56.5% | |
| Fund Family | Tradr ETFs | State Street Investment Management | |
| Category | Alternative | Equity | |
| Inception | Sep 30, 2024 | Jan 22, 1993 |
QQQP vs SPY Performance
Tradr 2X Long Innovation 100 Quarterly ETF (QQQP) is a ETF from Tradr ETFs and State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management. Over the past year QQQP returned +43.16% while SPY returned +21.82%. Year to date, QQQP is up 24.23% versus a gain of 12.68% for SPY.
Risk: Volatility and Drawdowns
QQQP has been the more volatile fund, with annualized monthly volatility of 37.1% compared with 15.3% for SPY. 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 -42.5% for QQQP and -56.5% for SPY. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.91. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
QQQP charges 0.95% per year while SPY charges 0.09%. On a $10,000 position that is $95 vs $9 annually, a gap of $86 per year that compounds over a long holding period. On income, QQQP currently yields 0.00% against 1.01% for SPY.
Holdings Overlap
QQQP and SPY share 0 holdings out of 505 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, QQQP or SPY?
QQQP has an expense ratio of 0.95% while SPY charges 0.09%. SPY is the cheaper option. On a $10,000 investment, that is $86 per year of difference.
Which performed better, QQQP or SPY?
Over the past year QQQP returned +43.16% vs +21.82% for SPY, so QQQP leads on 1-year performance. Over the longest common window we track (2 years), QQQP annualized +35.92% vs +8.81% for SPY. Past performance does not guarantee future results.
Which is riskier, QQQP or SPY?
QQQP has been the more volatile fund at 37.1% annualized versus 15.3% for SPY. Worst drawdown: QQQP -42.5% vs SPY -56.5%.
Should I hold both QQQP and SPY?
QQQP and SPY have a monthly-return correlation of 0.91, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.
What is the holdings overlap between QQQP and SPY?
QQQP and SPY share 0 common holdings with a 0.0% weight overlap. Combined, they hold 505 unique securities.
Which pays a higher dividend, QQQP or SPY?
QQQP yields 0.00% while SPY yields 1.01%, so SPY currently pays the higher dividend yield.
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