QQQ vs TQQQ (2026)
Invesco QQQ Trust and ProShares UltraPro QQQ side by side. QQQ is the cheaper fund (0.18% vs 0.82% expense ratio). Over the last five years QQQ returned more (+77.48% vs +46.62%, total return). TQQQ holds most of its exposure through derivatives rather than the securities it files, so a portfolio-overlap figure would be misleading here. Not investment advice.
Fund facts#
Data provided bySource: Twelve DataReturns as of market close, Nov 13, 2026, the newest close both have. The charts run through the Nov 13 close.
| QQQ | TQQQ | |
|---|---|---|
| Focus | Nasdaq 100 | Nasdaq 100 |
| Expense ratio | 0.18% | 0.82% |
| AUM | $490.1B | $36.1B |
| Distribution yield | 0.45% | 0.84% |
| Holdings | 101 | 102 |
| 1M total | -8.6% | -26.8% |
| YTD total | +11.1% | +10.1% |
| 1Y total | +12.3% | +11.0% |
| 3Y total | +83.3% | +195% |
| 5Y total | +77.5% | +46.6% |
| 10Y total | +529% | 24.6x |
| 3Y total CAGR | +22.4%/yr | +43.4%/yr |
| 5Y total CAGR | +12.2%/yr | +8.0%/yr |
| 10Y total CAGR | +20.2%/yr | +37.8%/yr |
| Issuer | Invesco | ProShares |
| Inception | 1999-03-10 | 2010-02-09 |
All returns are total returns (dividends reinvested), through the latest price during the session. CAGR = compound annual growth rate. '—' means the fund's history doesn't span the horizon.
Annualized returns (CAGR)#
Data provided bySource: Twelve DataCompound annual growth rate per holding period, total return, from weekly adjusted closes. Horizons a fund's history can't span show no bar; horizons no fund spans are omitted.
Performance, rebased#
Data provided bySource: Twelve DataReturns by year#
Data provided bySource: Twelve Data| Year | QQQ | TQQQ |
|---|---|---|
| 2017 | +32.7% | +118.1% |
| 2018 | -0.1% | -19.8% |
| 2019 | +39.0% | +133.8% |
| 2020 | +48.6% | +110.1% |
| 2021 | +27.4% | +83.0% |
| 2022 | -32.6% | -79.1% |
| 2023 | +54.9% | +198.0% |
| 2024 | +25.6% | +58.3% |
| 2025 | +20.8% | +34.4% |
| 2026 YTD | +11.1% | +10.1% |
Total returns (dividends reinvested), calendar years.
Returns by year, charted#
Holdings overlap#
No overlap figure for this pair. TQQQ files only 39% of net assets as securities — it gets the rest of its exposure through swaps and other derivatives, which N-PORT reports separately from the holdings below. Comparing the filed baskets as if they were whole portfolios would overstate how alike the funds are.
Top 10 holdings, side by side#
Merged top 10 across the funds — each column is the holding's % of that fund. For TQQQ, that means % of the securities filed, not of net assets.
Sector weights#
| Sector | QQQ | TQQQ |
|---|---|---|
| Technology | 56.3% | 54.4% |
| Communication Services | 12.2% | 11.8% |
| Consumer Discretionary | 12.0% | 11.7% |
| Consumer Staples | 7.6% | 7.4% |
| Healthcare | 4.7% | 4.5% |
| Industrials | 3.4% | 4.5% |
| Utilities | 1.3% | 1.2% |
| Materials | 1.1% | 1.1% |
| Energy | 0.5% | 0.5% |
| Financials | 0.2% | 0.2% |
| Not on ChartRow | 0.8% | 2.6% |
Sector weights, charted#
TQQQ sector weights are shares of the securities filed, not of net assets — the fund's derivative exposure carries no sector label of its own.
Estimated portfolio characteristics#
Data provided bySource: Twelve Data| QQQ | TQQQ | |
|---|---|---|
| P/E (trailing) | 34.3 | — |
| P/B | 7.8 | 7.8 |
| Dividend yield | 0.64% | 0.63% |
| Earnings growth (TTM) | +53.4% | +53.3% |
Weighted by each fund's filed holdings, over the members we track. Shown only when every fund's tracked coverage is high enough for the average to mean something.
Growth from any starting date#
Data provided bySource: Twelve DataHover to move the starting point — every fund rebases to 1× at that date, so the comparison holds from any entry point back to 2010 (the earliest date all 2 funds existed). Log scale, weekly total returns.
Fund flows#
| Period | QQQ | TQQQ |
|---|---|---|
| Aug 2026 | — | −$495.6M |
| Jul 2026 | — | +$1.8B |
| Jun 2026 | −$6.8B | +$630.7M |
| May 2026 | +$7.2B | −$1.6B |
| Apr 2026 | +$10.4B | −$5.2B |
| Mar 2026 | −$4.5B | +$1.4B |
Net creations minus redemptions, derived from consecutive SEC N-PORT filings. The form only exists since mid-2019.
Fund flows, charted#
Methodology#
Returns are total returns (dividends reinvested) from daily adjusted closes. Holdings, overlap, sector weights and flows derive from each fund's public SEC filings (Form N-PORT), anchored on the latest filing and rolled forward daily by price moves. Overlap is the sum of the smaller weight across shared holdings. See each fund's full holdings: QQQ holdings · TQQQ holdings. Past performance does not predict future returns; not investment advice.
FAQ#
- QQQ or TQQQ — which is better?
- QQQ is the cheaper fund (0.18% vs 0.82% expense ratio). Over the last five years QQQ returned more (+77.48% vs +46.62%, total return). TQQQ holds most of its exposure through derivatives rather than the securities it files, so a portfolio-overlap figure would be misleading here. The Nasdaq-100 vs its 3x daily version — where leverage compounds, and where it decays.
- Which is bigger: QQQ vs TQQQ?
- QQQ is the largest at $490.1B in assets.
- Is ChartRow affiliated with any of these funds?
- No. ChartRow is independent and not affiliated with, sponsored by, or endorsed by Invesco, ProShares. Comparisons are derived independently from public SEC filings and market data; not investment advice.