QQQ vs URSP
QQQ vs URSP
Invesco QQQ Trust, Series 1 vs ProShares Ultra S&P 500 Equal Weight
Quick Verdict
QQQ has a lower expense ratio. URSP delivered stronger 1-year returns. URSP offers more diversification with 503 holdings.
Side-by-Side Comparison
| Metric | QQQ | URSP | Winner |
|---|---|---|---|
| Expense Ratio | 0.18% | 0.95% | |
| AUM | $455.8B | $38M | |
| Dividend Yield | 0.41% | 0.93% | |
| Holdings | 108 | 507 | |
| YTD Return | +12.48% | +21.26% | |
| 1Y Return | +22.35% | +24.69% | |
| 3Y Return (annualized) | +22.30% | - | |
| 5Y Return (annualized) | +14.24% | - | |
| Volatility (annualized) | 30.6% | - | |
| Max Drawdown | -83.0% | -15.7% | |
| Fund Family | Invesco (US) | ProShares | |
| Category | Equity | Alternative | |
| Inception | Mar 10, 1999 | Aug 25, 2025 |
QQQ vs URSP Performance
Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US) and ProShares Ultra S&P 500 Equal Weight (URSP) is a ETF from ProShares. Over the past year QQQ returned +22.35% while URSP returned +24.69%. Year to date, QQQ is up 12.48% versus a gain of 21.26% for URSP.
Risk: Volatility and Drawdowns
The deepest peak-to-trough decline in our data was -83.0% for QQQ and -15.7% for URSP. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
Fees and Cost Over Time
QQQ charges 0.18% per year while URSP 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 0.41% against 0.93% for URSP.
Holdings Overlap
QQQ and URSP share 88 holdings out of 518 unique holdings combined, representing a 5.6% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in QQQ | Weight in URSP | Difference |
|---|---|---|---|
| NVDA | 7.88% | 0.06% | 7.82% |
| AAPL | 7.46% | 0.07% | 7.39% |
| MU | 4.67% | 0.06% | 4.61% |
| MSFT | Pro | Pro | Pro |
| AMZN | Pro | Pro | Pro |
| AMD | Pro | Pro | Pro |
| GOOGL | Pro | Pro | Pro |
| TSLA | Pro | Pro | Pro |
| META | Pro | Pro | Pro |
| GOOG | Pro | Pro | Pro |
See all 10 holdings QQQ shares with URSP Exact weights in each fund and the difference, for every overlapping position. Get FundXLS Pro: $29/moFirst 500 subscribers, then $49/mo. Cancel anytime. | |||
Frequently Asked Questions
Which is cheaper, QQQ or URSP?
QQQ has an expense ratio of 0.18% while URSP charges 0.95%. QQQ is the cheaper option. On a $10,000 investment, that is $77 per year of difference.
Which performed better, QQQ or URSP?
Over the past year QQQ returned +22.35% vs +24.69% for URSP, so URSP leads on 1-year performance. Past performance does not guarantee future results.
What is the holdings overlap between QQQ and URSP?
QQQ and URSP share 88 common holdings with a 5.6% weight overlap. Combined, they hold 518 unique securities.
Which pays a higher dividend, QQQ or URSP?
QQQ yields 0.41% while URSP yields 0.93%, so URSP currently pays the higher dividend yield.
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