QQQ vs UXI
Invesco QQQ Trust, Series 1 vs ProShares Ultra Industrials
Which is better, QQQ or UXI?
Large Cap Growth against Multi Alternative.
QQQ has a lower expense ratio. QQQ led over 1Y, 5Y and the full window, UXI over 3Y.
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 | QQQ | UXI |
|---|---|---|
| Expense Ratio | 0.18%Best | 0.95% |
| AUM | $506.1B | $26M |
| Dividend Yield | 0.42% | 0.47% |
| Holdings | 321 | 88 |
| YTD Return | +19.14%Best | +7.11% |
| 1Y Return | +21.45%Best | +13.53% |
| 3Y Return (annualized) | +26.10% | +29.88%Best |
| 5Y Return (annualized) | +15.25%Best | +9.61% |
| Volatility (annualized) | 18.8%Best | 38.8% |
| Max Drawdown | -53.5%Best | -89.7% |
| $10,000 over 5 years | $20,333Best | $15,822 |
| Fund Family | Invesco (US) | ProShares |
| Category | Equity | Alternative |
| Style | Large Cap Growth | Multi Alternative |
| Inception | Mar 10, 1999 | Jan 30, 2007 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Feb 1, 2007 to Oct 15, 2026 (19.7 years).
QQQ vs UXI 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 19.7 years both funds cover.
QQQ vs UXI Performance
Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US) and ProShares Ultra Industrials (UXI) is an ETF from ProShares. Over the past year QQQ returned +21.45% while UXI returned +13.53%. Year to date, QQQ is up 19.14% versus a gain of 7.11% for UXI.
Over three years, QQQ compounded at +26.10% per year against +29.88% for UXI; over five years the annualized figures are +15.25% and +9.61% respectively. Across the full 20-year window we track, QQQ has the edge at +15.50% annualized vs +11.52%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
UXI has been the more volatile fund, with annualized monthly volatility of 38.8% compared with 18.8% for QQQ. 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 -53.5% for QQQ and -89.7% for UXI. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.79. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
QQQ charges 0.18% per year while UXI charges 0.95%. On a $10,000 position that is $18 vs $95 annually, a gap of $77 per year that compounds over a long holding period. On income, QQQ currently yields 0.42% against 0.47% for UXI.
Holdings Overlap
At least 2.6% of QQQ's money is in holdings UXI also owns.
Stated as a floor: for UXI, our book for it covers 65.7% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
QQQ and UXI share little of their money.
11 positions in common, counted across the 101 positions we hold weights for in QQQ and 83 in UXI, against full books of 321 and 88.
Top Shared Holdings
| Stock | Weight in QQQ | Weight in UXI | Difference |
|---|---|---|---|
| ADPAutomatic Data Processing, Inc. | 0.43% | 1.25% | 0.82% |
| CSXCsx Corp. | 0.36% | 1.07% | 0.71% |
| CTASCintas Corp. | 0.33% | 0.81% | 0.48% |
| HONHoneywell International Inc | 0.28% | 0.83% | 0.55% |
| FASTFastenal Co. | 0.24% | 0.71% | 0.47% |
| PCARPaccar Inc. | 0.24% | 0.70% | 0.46% |
| HONAHoneywell Aerospace Inc | 0.21% | 0.60% | 0.39% |
| ODFLOld Dominion Freig | 0.15% | 0.41% | 0.26% |
| AXONAxon Enterprise Inc | 0.14% | 0.41% | 0.27% |
| PAYXPaychex, Inc. | 0.15% | 0.39% | 0.24% |
You are not choosing between two funds in isolation.
Whichever of QQQ and UXI 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, QQQ or UXI?
QQQ has an expense ratio of 0.18% while UXI charges 0.95%. QQQ is the cheaper option, by $77 a year on a $10,000 investment.
Which performed better, QQQ or UXI?
Over the past year QQQ returned +21.45% vs +13.53% for UXI, so QQQ leads on 1-year performance. Over the longest common window we track (20 years), QQQ annualized +15.50% vs +11.52% for UXI. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QQQ or UXI?
UXI has been the more volatile fund at 38.8% annualized versus 18.8% for QQQ. Worst drawdown: QQQ -53.5% vs UXI -89.7%.
Should I hold both QQQ and UXI?
QQQ and UXI have a monthly-return correlation of 0.79, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between QQQ and UXI?
At least 2.6% of QQQ's money is in holdings UXI also owns. Our book for UXI is partial, so the real figure is this or higher. They hold 11 positions in common, counted across the 101 positions we hold weights for in QQQ and 83 in UXI.
Which pays a higher dividend, QQQ or UXI?
QQQ yields 0.42% while UXI yields 0.47%, so UXI currently pays the higher dividend yield.
Is UXI better than QQQ?
QQQ has a lower expense ratio. QQQ led over 1Y, 5Y and the full window, UXI over 3Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.