Tradr 2X Long Triple Q Monthly ETF (MQQQ) belongs to the Leveraged Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with MQQQ. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to MQQQ
MQQQ charges 1.30% annually. There are 336 ETFs in the Leveraged Equities category with lower expense ratios, going as low as 0.35%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| WisdomTree Efficient U.S. Plus International Equit... | 0.35% | 43.18M | Mar 2026 | MQQQ vs NTSD | |
| Corgi BRKB 2x Daily ETF | 0.45% | — | Jul 2026 | MQQQ vs BRKL | |
| ETRACS IFED Invest with the Fed TR Index ETN | 0.45% | 48.07M | Sep 2021 | MQQQ vs IFED | |
| Direxion Daily S&P 500 Bull 2X ETF | 0.60% | 260.25M | May 2014 | MQQQ vs SPUU | |
| Leverage Shares 2X Long NIO Daily ETF | 0.75% | — | Dec 2025 | MQQQ vs NIOG |
Best Risk-Adjusted Alternatives to MQQQ
MQQQ has a PortfoliosLab risk / return rank of 37. There are 89 ETFs in the Leveraged Equities category with higher risk-adjusted ranks, going as high as 98.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Daily MU Bull 2X Shares | 98 | 3.86B | Oct 2024 | MQQQ vs MUU | |
| GraniteShares 2x Long MU Daily ETF | 98 | 531.06M | Nov 2024 | MQQQ vs MULL | |
| Innovator U.S. Equity Accelerated Plus ETF | 98 | 22.69M | Apr 2021 | MQQQ vs XTAP | |
| GraniteShares 2x Long INTC Daily ETF | 97 | 282.58M | Feb 2025 | MQQQ vs INTW | |
| Innovator Growth Accelerated Plus ETF - April | 97 | 20.37M | Apr 2021 | MQQQ vs QTAP |
Top Performing MQQQ Alternatives (YTD)
MQQQ is at 17.07% YTD. There are 110 ETFs in the Leveraged Equities category with higher YTD returns, going as high as 615.57%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| GraniteShares 2x Long DELL Daily ETF | 615.57% | 101.24M | Feb 2025 | MQQQ vs DLLL | |
| Direxion Daily MU Bull 2X Shares | 372.51% | 3.86B | Oct 2024 | MQQQ vs MUU | |
| GraniteShares 2x Long MU Daily ETF | 359.36% | 531.06M | Nov 2024 | MQQQ vs MULL | |
| Direxion Daily INTC Bull 2X Shares | 259.95% | 63.06M | Nov 2025 | MQQQ vs LINT | |
| GraniteShares 2x Long INTC Daily ETF | 259.86% | 282.58M | Feb 2025 | MQQQ vs INTW |
Lowest Volatility Alternatives to MQQQ
MQQQ has 39.14% 1-year volatility. There are 76 ETFs in the Leveraged Equities category with lower 1-year volatility, going as low as 4.93%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator U.S. Equity Accelerated Plus ETF | 4.93% | 22.69M | Apr 2021 | MQQQ vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | 6.61% | 20.37M | Apr 2021 | MQQQ vs QTAP | |
| Innovator U.S. Equity Accelerated Plus ETF - July | 7.79% | 13.42M | Jul 2021 | MQQQ vs XTJL | |
| Innovator US Equity Accelerated ETF | 10.98% | 69.34M | Apr 2021 | MQQQ vs XDSQ | |
| Innovator Growth Accelerated Plus ETF - July | 11.72% | 19.11M | Jul 2021 | MQQQ vs QTJL |
Lowest Drawdown Alternatives to MQQQ
MQQQ has a 1-year max drawdown of -25.23%. There are 39 ETFs in the Leveraged Equities category with shallower 1-year drawdowns, going as shallow as -1.72%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator U.S. Equity Accelerated Plus ETF | -1.72% | 22.69M | Apr 2021 | MQQQ vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | -2.81% | 20.37M | Apr 2021 | MQQQ vs QTAP | |
| Innovator U.S. Equity Accelerated Plus ETF - July | -5.12% | 13.42M | Jul 2021 | MQQQ vs XTJL | |
| Innovator Growth Accelerated Plus ETF - July | -8.48% | 19.11M | Jul 2021 | MQQQ vs QTJL | |
| Innovator US Equity Accelerated ETF | -9.60% | 69.34M | Apr 2021 | MQQQ vs XDSQ |
Other ETFs from AXS
The 9 most viewed AXS ETFs shown here include SPYQ, PPI, WUGI and span 5 categories. AUM among these funds goes as high as $75M.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Tradr 2X Long SPY Quarterly ETF | Leveraged Equities | 49 | 14.83% | — | Sep 2024 | MQQQ vs SPYQ | |
| Astoria Real Assets ETF | Global Allocation | 71 | 14.54% | 74.59M | Dec 2021 | MQQQ vs PPI | |
| AXS Esoterica NextG Economy ETF | Large Cap Growth Equities | 25 | 11.32% | 37.65M | Mar 2020 | MQQQ vs WUGI | |
| Tradr 1.25X NVDA Bear Daily ETF | Inverse Equities | 4 | -20.85% | 16.01M | Jul 2022 | MQQQ vs NVDS | |
| Tradr Short Innovation Daily ETF | Inverse Equities | 9 | 0.17% | 46.76M | Nov 2021 | MQQQ vs SARK | |
| Tradr 2X Long Innovation ETF | Leveraged Equities | 7 | -24.46% | 12.69M | Apr 2022 | MQQQ vs TARK | |
| Axs Green Alpha ETF | Global Equities | 44 | 16.37% | 57.43M | Sep 2022 | MQQQ vs NXTE | |
| Tradr 2X Long QBTS Daily ETF | Leveraged Equities | 11 | -76.90% | — | Apr 2025 | MQQQ vs QBTX | |
| AXS Knowledge Leaders ETF | Global Equities | 74 | 22.07% | 44.83M | Jul 2015 | MQQQ vs KNO |
Often Compared With MQQQ
Investors most often compare MQQQ with QQQ, TQQQ, IDEF. These 20 comparison targets span 13 categories, based on PortfoliosLab usage data.
Compare MQQQ with Any Fund or Stock
Compare MQQQ with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair MQQQ with funds that move differently
Tradr 2X Long Triple Q Monthly ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to MQQQ.
Explore MQQQ Diversifiers