QID vs SQQQ
ProShares UltraShort QQQ vs ProShares UltraPro Short QQQ
Which is better, QID or SQQQ?
Nearly the same fund. SQQQ costs less.
SQQQ has a lower expense ratio. QID led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 1.00.
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 | QID | SQQQ |
|---|---|---|
| Expense Ratio | 0.95% | 0.94%Best |
| AUM | $229M | $2.1B |
| Dividend Yield | 7.77% | 9.45% |
| Holdings | 21 | 20 |
| YTD Return | -28.67%Best | -45.78% |
| 1Y Return | -31.95%Best | -50.03% |
| 3Y Return (annualized) | -37.22%Best | -54.46% |
| 5Y Return (annualized) | -29.20%Best | -45.93% |
| Volatility (annualized) | 32.8%Best | 48.2% |
| $10,000 over 5 years | $1,779Best | $462 |
| Fund Family | ProShares | ProShares |
| Category | Alternative | Alternative |
| Style | Trading-Inverse Equity | Trading-Inverse Equity |
| Inception | Jul 11, 2006 | Feb 9, 2010 |
Not shown on this pair: Max Drawdown, Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Feb 11, 2010 to Oct 14, 2026 (16.7 years).
QID vs SQQQ 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 16.7 years both funds cover.
QID vs SQQQ Performance
ProShares UltraShort QQQ (QID) is an ETF from ProShares and ProShares UltraPro Short QQQ (SQQQ) is an ETF from ProShares. Over the past year QID returned -31.95% while SQQQ returned -50.03%. Year to date, QID is down 28.67% versus a loss of 45.78% for SQQQ.
Over three years, QID compounded at -37.22% per year against -54.46% for SQQQ; over five years the annualized figures are -29.20% and -45.93% respectively. Across the full 17-year window we track, QID has the edge at -36.53% annualized vs -52.63%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SQQQ has been the more volatile fund, with annualized monthly volatility of 48.2% compared with 32.8% for QID. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The two funds' monthly returns correlate at 1.00. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
QID charges 0.95% per year while SQQQ charges 0.94%. On a $10,000 position that is $95 vs $94 annually, a gap of $1 per year that compounds over a long holding period. On income, QID currently yields 7.77% against 9.45% for SQQQ.
Holdings Overlap
We hold position weights for 1 holding in QID and 1 in SQQQ, totalling 101.9% and 64.3% of the two funds. Neither is a share of a fund we can divide by, so no overlap percentage is shown here. Within what we can see, 1 positions appear in both.
1 positions in common, counted across the 1 positions we hold weights for in QID and 1 in SQQQ, against full books of 21 and 20.
Top Shared Holdings
| Stock | Weight in QID | Weight in SQQQ | Difference |
|---|---|---|---|
| IQMMProshares Genius Mny Mkt Etf | 101.88% | 64.32% | 37.56% |
You are not choosing between two funds in isolation.
Whichever of QID and SQQQ 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, QID or SQQQ?
QID has an expense ratio of 0.95% while SQQQ charges 0.94%. SQQQ is the cheaper option, by $1 a year on a $10,000 investment.
Which performed better, QID or SQQQ?
Over the past year QID returned -31.95% vs -50.03% for SQQQ, so QID leads on 1-year performance. Over the longest common window we track (17 years), QID annualized -36.53% vs -52.63% for SQQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QID or SQQQ?
SQQQ has been the more volatile fund at 48.2% annualized versus 32.8% for QID.
Should I hold both QID and SQQQ?
QID and SQQQ have a monthly-return correlation of 1.00, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
Which pays a higher dividend, QID or SQQQ?
QID yields 7.77% while SQQQ yields 9.45%, so SQQQ currently pays the higher dividend yield.
Is SQQQ better than QID?
SQQQ has a lower expense ratio. QID led over 1Y, 3Y, 5Y and the full window. The two have moved almost in lockstep, correlation 1.00. Which one suits a particular account depends on what it is for. This is information, not a recommendation.