QQQP vs SPYQ
Tradr 2X Long Innovation 100 Quarterly ETF vs Tradr 2X Long SPY Quarterly ETF
Which is better, QQQP or SPYQ?
QQQP has been ahead.
QQQP led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.90.
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 | SPYQ |
|---|---|---|
| Expense Ratio | 1.00%Tie | 1.00%Tie |
| AUM | $14M | $12M |
| Dividend Yield | 0.00% | 0.14% |
| Holdings | 9 | 9 |
| YTD Return | +28.41%Best | +19.99% |
| 1Y Return | +32.84%Best | +26.06% |
| Volatility (annualized) | 35.9% | 25.0%Best |
| Max Drawdown | -42.5% | -35.9%Best |
| $10,000 over 2 years | $18,255Best | $15,763 |
| Fund Family | Tradr ETFs | Tradr ETFs |
| Category | Alternative | Alternative |
| Style | Leverage Strategy | Leverage Strategy |
| Inception | Sep 30, 2024 | Sep 30, 2024 |
Not shown on this pair: 3Y Return (annualized), 5Y Return (annualized), 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 SPYQ 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 SPYQ Performance
Tradr 2X Long Innovation 100 Quarterly ETF (QQQP) is an ETF from Tradr ETFs and Tradr 2X Long SPY Quarterly ETF (SPYQ) is an ETF from Tradr ETFs. Over the past year QQQP returned +32.84% while SPYQ returned +26.06%. Year to date, QQQP is up 28.41% versus a gain of 19.99% for SPYQ.
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 25.0% for SPYQ. 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 -35.9% for SPYQ. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.90. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
QQQP charges 1.00% per year while SPYQ charges 1.00%. On a $10,000 position that is $100 vs $100 annually. On income, QQQP currently yields 0.00% against 0.14% for SPYQ.
Holdings Overlap
We hold position weights for 1 holding in QQQP and 1 in SPYQ, totalling 54.0% and 54.8% 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 1 in SPYQ, against full books of 9 and 9.
You are not choosing between two funds in isolation.
Whichever of QQQP and SPYQ 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 SPYQ?
QQQP has an expense ratio of 1.00% while SPYQ charges 1.00%. At the precision these are quoted to, they cost the same.
Which performed better, QQQP or SPYQ?
Over the past year QQQP returned +32.84% vs +26.06% for SPYQ, so QQQP leads on 1-year performance. Over the longest common window we track (2 years), QQQP annualized +35.11% vs +25.55% for SPYQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QQQP or SPYQ?
QQQP has been the more volatile fund at 35.9% annualized versus 25.0% for SPYQ. Worst drawdown: QQQP -42.5% vs SPYQ -35.9%.
Should I hold both QQQP and SPYQ?
QQQP and SPYQ have a monthly-return correlation of 0.90, 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, QQQP or SPYQ?
QQQP yields 0.00% while SPYQ yields 0.14%, so SPYQ currently pays the higher dividend yield.
Is SPYQ better than QQQP?
QQQP led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.90. Which one suits a particular account depends on what it is for. This is information, not a recommendation.