QLD vs QMMY
ProShares Ultra QQQ vs FT Vest Nasdaq-100 Moderate Buffer ETF - May
Which is better, QLD or QMMY?
QLD has been ahead.
QLD has a lower expense ratio. QLD 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 | QLD | QMMY |
|---|---|---|
| Expense Ratio | 0.89%Best | 0.90% |
| AUM | $15.2B | $155M |
| Dividend Yield | 0.13% | 0.00% |
| Holdings | 127 | 10 |
| YTD Return | +32.18%Best | +7.43% |
| 1Y Return | +36.70%Best | +10.14% |
| 3Y Return (annualized) | +43.74% | - |
| 5Y Return (annualized) | +19.62% | - |
| Volatility (annualized) | 35.9% | 8.1%Best |
| Max Drawdown | -42.3% | -12.8%Best |
| $10,000 over 2.4 years | $20,506Best | $13,460 |
| Fund Family | ProShares | First Trust Portfolios (US) |
| Category | Alternative | Alternative |
| Style | Multi Alternative | Multi Alternative |
| Inception | Jun 19, 2006 | May 17, 2024 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.4 years row, are measured over the window both funds cover: May 20, 2024 to Oct 14, 2026 (2.4 years).
QLD vs QMMY 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 2.4 years both funds cover.
QLD vs QMMY Performance
ProShares Ultra QQQ (QLD) is an ETF from ProShares and FT Vest Nasdaq-100 Moderate Buffer ETF - May (QMMY) is an ETF from First Trust Portfolios (US). Over the past year QLD returned +36.70% while QMMY returned +10.14%. Year to date, QLD is up 32.18% versus a gain of 7.43% for QMMY.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QLD has been the more volatile fund, with annualized monthly volatility of 35.9% compared with 8.1% for QMMY. 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 -42.3% for QLD and -12.8% for QMMY. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.85. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
QLD charges 0.89% per year while QMMY charges 0.90%. On a $10,000 position that is $89 vs $90 annually, a gap of $1 per year that compounds over a long holding period. On income, QLD currently yields 0.13% against 0.00% for QMMY.
You are not choosing between two funds in isolation.
Whichever of QLD and QMMY 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, QLD or QMMY?
QLD has an expense ratio of 0.89% while QMMY charges 0.90%. QLD is the cheaper option, by $1 a year on a $10,000 investment.
Which performed better, QLD or QMMY?
Over the past year QLD returned +36.70% vs +10.14% for QMMY, so QLD leads on 1-year performance. Over the longest common window we track (2 years), QLD annualized +34.88% vs +13.18% for QMMY. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QLD or QMMY?
QLD has been the more volatile fund at 35.9% annualized versus 8.1% for QMMY. Worst drawdown: QLD -42.3% vs QMMY -12.8%.
Should I hold both QLD and QMMY?
QLD and QMMY have a monthly-return correlation of 0.85, 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, QLD or QMMY?
QLD yields 0.13% while QMMY yields 0.00%, so QLD currently pays the higher dividend yield.
Is QMMY better than QLD?
QLD has a lower expense ratio. QLD 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.