QMFE vs TQQQ
FT Vest Nasdaq-100 Moderate Buffer ETF - February vs ProShares UltraPro QQQ
Which is better, QMFE or TQQQ?
TQQQ has been ahead.
TQQQ has a lower expense ratio. TQQQ led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.92.
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 | QMFE | TQQQ |
|---|---|---|
| Expense Ratio | 0.90% | 0.78%Best |
| AUM | $44M | $38.3B |
| Dividend Yield | 0.00% | 0.62% |
| Holdings | 10 | 128 |
| YTD Return | +12.25% | +42.42%Best |
| 1Y Return | +15.70% | +47.68%Best |
| 3Y Return (annualized) | - | +58.33% |
| 5Y Return (annualized) | - | +18.53% |
| Volatility (annualized) | 7.9%Best | 64.1% |
| Max Drawdown | -11.8%Best | -51.6% |
| $10,000 over 1.6 years | $12,473 | $18,388Best |
| Fund Family | First Trust Portfolios (US) | ProShares |
| Category | Alternative | Alternative |
| Style | Multi Alternative | Multi Alternative |
| Inception | Feb 21, 2025 | Feb 9, 2010 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 1.6 years row, are measured over the window both funds cover: Feb 24, 2025 to Oct 14, 2026 (1.6 years).
QMFE vs TQQQ 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 1.6 years both funds cover.
QMFE vs TQQQ Performance
FT Vest Nasdaq-100 Moderate Buffer ETF - February (QMFE) is an ETF from First Trust Portfolios (US) and ProShares UltraPro QQQ (TQQQ) is an ETF from ProShares. Over the past year QMFE returned +15.70% while TQQQ returned +47.68%. Year to date, QMFE is up 12.25% versus a gain of 42.42% for TQQQ.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
TQQQ has been the more volatile fund, with annualized monthly volatility of 64.1% compared with 7.9% for QMFE. 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 -11.8% for QMFE and -51.6% for TQQQ. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.92. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
QMFE charges 0.90% per year while TQQQ charges 0.78%. On a $10,000 position that is $90 vs $78 annually, a gap of $12 per year that compounds over a long holding period. On income, QMFE currently yields 0.00% against 0.62% for TQQQ.
You are not choosing between two funds in isolation.
Whichever of QMFE and TQQQ 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, QMFE or TQQQ?
QMFE has an expense ratio of 0.90% while TQQQ charges 0.78%. TQQQ is the cheaper option, by $12 a year on a $10,000 investment.
Which performed better, QMFE or TQQQ?
Over the past year QMFE returned +15.70% vs +47.68% for TQQQ, so TQQQ leads on 1-year performance. Over the longest common window we track (2 years), QMFE annualized +14.81% vs +46.33% for TQQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QMFE or TQQQ?
TQQQ has been the more volatile fund at 64.1% annualized versus 7.9% for QMFE. Worst drawdown: QMFE -11.8% vs TQQQ -51.6%.
Should I hold both QMFE and TQQQ?
QMFE and TQQQ have a monthly-return correlation of 0.92, 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, QMFE or TQQQ?
QMFE yields 0.00% while TQQQ yields 0.62%, so TQQQ currently pays the higher dividend yield.
Is TQQQ better than QMFE?
TQQQ has a lower expense ratio. TQQQ led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.92. Which one suits a particular account depends on what it is for. This is information, not a recommendation.