QQQP vs SPY
Tradr 2X Long Innovation 100 Quarterly ETF vs State Street SPDR S&P 500 ETF Trust
Which is better, QQQP or SPY?
Leverage Strategy against Large Cap Blend.
SPY has a lower expense ratio. QQQP 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 | QQQP | SPY |
|---|---|---|
| Expense Ratio | 1.00% | 0.09%Best |
| AUM | $14M | $823.2B |
| Dividend Yield | 0.00% | 0.99% |
| Holdings | 9 | 1,515 |
| YTD Return | +28.41%Best | +13.53% |
| 1Y Return | +32.84%Best | +17.47% |
| 3Y Return (annualized) | - | +22.36% |
| 5Y Return (annualized) | - | +13.21% |
| Volatility (annualized) | 35.9% | 12.5%Best |
| Max Drawdown | -42.5% | -18.8%Best |
| $10,000 over 2 years | $18,255Best | $13,771 |
| Fund Family | Tradr ETFs | State Street Investment Management |
| Category | Alternative | Equity |
| Style | Leverage Strategy | Large Cap Blend |
| Inception | Sep 30, 2024 | Jan 22, 1993 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2 years row, are measured over the window both funds cover: Oct 1, 2024 to Oct 14, 2026 (2 years).
QQQP vs SPY 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 years both funds cover.
QQQP vs SPY Performance
Tradr 2X Long Innovation 100 Quarterly ETF (QQQP) is an ETF from Tradr ETFs and State Street SPDR S&P 500 ETF Trust (SPY) is an ETF from State Street Investment Management. Over the past year QQQP returned +32.84% while SPY returned +17.47%. Year to date, QQQP is up 28.41% versus a gain of 13.53% for SPY.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQP has been the more volatile fund, with annualized monthly volatility of 35.9% compared with 12.5% for SPY. 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 -42.5% for QQQP and -18.8% for SPY. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.89. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
QQQP charges 1.00% per year while SPY charges 0.09%. On a $10,000 position that is $100 vs $9 annually, a gap of $91 per year that compounds over a long holding period. On income, QQQP currently yields 0.00% against 0.99% for SPY.
Holdings Overlap
We hold position weights for 1 holding in QQQP and 504 in SPY, totalling 54.0% and 99.8% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 1 positions we hold weights for in QQQP and 504 in SPY, against full books of 9 and 1,515.
You are not choosing between two funds in isolation.
Whichever of QQQP and SPY 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, QQQP or SPY?
QQQP has an expense ratio of 1.00% while SPY charges 0.09%. SPY is the cheaper option, by $91 a year on a $10,000 investment.
Which performed better, QQQP or SPY?
Over the past year QQQP returned +32.84% vs +17.47% for SPY, so QQQP leads on 1-year performance. Over the longest common window we track (2 years), QQQP annualized +35.11% vs +17.35% for SPY. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QQQP or SPY?
QQQP has been the more volatile fund at 35.9% annualized versus 12.5% for SPY. Worst drawdown: QQQP -42.5% vs SPY -18.8%.
Should I hold both QQQP and SPY?
QQQP and SPY have a monthly-return correlation of 0.89, 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, QQQP or SPY?
QQQP yields 0.00% while SPY yields 0.99%, so SPY currently pays the higher dividend yield.
Is SPY better than QQQP?
SPY has a lower expense ratio. QQQP 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.