QMMY vs TQQQ
FT Vest Nasdaq-100 Moderate Buffer ETF - May vs ProShares UltraPro QQQ
Which is better, QMMY or TQQQ?
TQQQ has been ahead.
TQQQ has a lower expense ratio. TQQQ 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 | QMMY | TQQQ |
|---|---|---|
| Expense Ratio | 0.90% | 0.78%Best |
| AUM | $155M | $38.3B |
| Dividend Yield | 0.00% | 0.62% |
| Holdings | 10 | 128 |
| YTD Return | +7.43% | +42.42%Best |
| 1Y Return | +10.14% | +47.68%Best |
| 3Y Return (annualized) | - | +58.33% |
| 5Y Return (annualized) | - | +18.53% |
| Volatility (annualized) | 8.1%Best | 55.8% |
| Max Drawdown | -12.8%Best | -58.0% |
| $10,000 over 2.4 years | $13,460 | $23,638Best |
| Fund Family | First Trust Portfolios (US) | ProShares |
| Category | Alternative | Alternative |
| Style | Multi Alternative | Multi Alternative |
| Inception | May 17, 2024 | Feb 9, 2010 |
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).
QMMY 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 2.4 years both funds cover.
QMMY vs TQQQ Performance
FT Vest Nasdaq-100 Moderate Buffer ETF - May (QMMY) is an ETF from First Trust Portfolios (US) and ProShares UltraPro QQQ (TQQQ) is an ETF from ProShares. Over the past year QMMY returned +10.14% while TQQQ returned +47.68%. Year to date, QMMY is up 7.43% 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 55.8% 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 -12.8% for QMMY and -58.0% 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 0.84. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
QMMY 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, QMMY currently yields 0.00% against 0.62% for TQQQ.
You are not choosing between two funds in isolation.
Whichever of QMMY 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, QMMY or TQQQ?
QMMY 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, QMMY or TQQQ?
Over the past year QMMY returned +10.14% vs +47.68% for TQQQ, so TQQQ leads on 1-year performance. Over the longest common window we track (2 years), QMMY annualized +13.18% vs +43.11% for TQQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QMMY or TQQQ?
TQQQ has been the more volatile fund at 55.8% annualized versus 8.1% for QMMY. Worst drawdown: QMMY -12.8% vs TQQQ -58.0%.
Should I hold both QMMY and TQQQ?
QMMY and TQQQ have a monthly-return correlation of 0.84, 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, QMMY or TQQQ?
QMMY yields 0.00% while TQQQ yields 0.62%, so TQQQ currently pays the higher dividend yield.
Is TQQQ better than QMMY?
TQQQ has a lower expense ratio. TQQQ 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.