ProShares UltraShort QQQ Mega (QQDN) belongs to the Inverse Equities category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with QQDN. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to QQDN
QQDN charges 0.95% annually. There are 5 ETFs in the Inverse Equities category with lower expense ratios, going as low as 0.50%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Daily S&P 500 Bear 1x Shares | 0.50% | 213.79M | Jun 2016 | QQDN vs SPDN | |
| Direxion Daily Magnificent 7 Bear 1X Shares | 0.57% | 27.70M | Mar 2024 | QQDN vs QQQD | |
| ProShares Decline of the Retail Store ETF | 0.66% | 3.01M | Nov 2017 | QQDN vs EMTY | |
| Tradr Short Innovation Daily ETF | 0.75% | 56.18M | Nov 2021 | QQDN vs SARK | |
| ProShares Short S&P500 | 0.90% | 981.01M | Jun 2006 | QQDN vs SH |
Best Risk-Adjusted Alternatives to QQDN
Among 59 ETFs in the Inverse Equities category with risk / return rank data, the top risk-adjusted alternatives shown here go as high as 37.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Daily NFLX Bear 1X Shares | 37 | 5.31M | Oct 2024 | QQDN vs NFXS | |
| Volatility Shares -1x Short VIX Futures ETF | 30 | 215.09M | Mar 2022 | QQDN vs SVIX | |
| T-REX 2X Inverse MSTR Daily Target ETF | 24 | 118.12M | Sep 2024 | QQDN vs MSTZ | |
| Defiance Daily Target 2X Short MSTR ETF | 22 | 30.99M | Aug 2024 | QQDN vs SMST | |
| Direxion Daily BRKB Bear 1X Shares | 17 | 2.34M | Dec 2024 | QQDN vs BRKD |
Top Performing QQDN Alternatives (YTD)
QQDN is at -17.46% YTD. There are 37 ETFs in the Inverse Equities category with higher YTD returns, going as high as 13.62%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Daily PLTR Bear 1X Shares | 13.62% | 40.54M | Dec 2024 | QQDN vs PLTD | |
| YieldMax Short COIN Option Income Strategy ETF | 13.21% | 35.89M | Jul 2024 | QQDN vs FIAT | |
| Direxion Daily NFLX Bear 1X Shares | 11.27% | 5.31M | Oct 2024 | QQDN vs NFXS | |
| Direxion Daily MSFT Bear 1X Shares | 10.13% | 13.89M | Sep 2022 | QQDN vs MSFD | |
| ProShares Short FTSE China 50 | 7.60% | 4.57M | Mar 2010 | QQDN vs YXI |
Lowest Volatility Alternatives to QQDN
QQDN has 38.51% 1-year volatility. There are 35 ETFs in the Inverse Equities category with lower 1-year volatility, going as low as 0.00%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| -1x Short VIX Mid-Term Futures Strategy ETF | 0.00% | 12.30M | Apr 2023 | QQDN vs ZIVB | |
| ProShares Short S&P500 | 11.79% | 981.01M | Jun 2006 | QQDN vs SH | |
| Direxion Daily S&P 500 Bear 1x Shares | 12.09% | 213.79M | Jun 2016 | QQDN vs SPDN | |
| ProShares Short Dow30 | 12.23% | 108.72M | Jun 2006 | QQDN vs DOG | |
| YieldMax Short N100 Option Income Strategy ETF | 12.50% | 13.26M | Aug 2024 | QQDN vs YQQQ |
Lowest Drawdown Alternatives to QQDN
Among 59 ETFs in the Inverse Equities category with 1-year drawdown data, the lowest-drawdown alternatives shown here go as shallow as -9.34%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Daily BRKB Bear 1X Shares | -9.34% | 2.34M | Dec 2024 | QQDN vs BRKD | |
| ProShares Short Financials | -9.72% | 15.40M | Jun 2008 | QQDN vs SEF | |
| AdvisorShares Ranger Equity Bear ETF | -12.26% | 63.43M | Jan 2011 | QQDN vs HDGE | |
| ProShares Decline of the Retail Store ETF | -14.00% | 3.01M | Nov 2017 | QQDN vs EMTY | |
| ProShares Short FTSE China 50 | -14.21% | 4.57M | Mar 2010 | QQDN vs YXI |
Other ETFs from ProShares
The 10 most viewed ProShares ETFs shown here include TQQQ, BITO, QLD and span 10 categories. AUM among these funds goes as high as $40B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| ProShares UltraPro QQQ | Leveraged Equities | 71 | 61.91% | 39.77B | Feb 2010 | QQDN vs TQQQ | |
| ProShares Bitcoin Strategy ETF | Cryptocurrency | 2 | -28.44% | 1.70B | Oct 2021 | QQDN vs BITO | |
| ProShares Ultra QQQ | Leveraged Equities | 70 | 40.66% | 14.46B | Jun 2006 | QQDN vs QLD | |
| ProShares UltraPro S&P 500 | Leveraged Equities, S&P 500 | 66 | 29.29% | 5.55B | Jun 2009 | QQDN vs UPRO | |
| ProShares Ultra S&P500 | Leveraged Equities, S&P 500 | 67 | 20.20% | 8.38B | Jun 2006 | QQDN vs SSO | |
| ProShares S&P 500 Dividend Aristocrats ETF | Dividend, S&P 500, Large Cap Value Equities | 25 | 4.61% | 11.07B | Oct 2013 | QQDN vs NOBL | |
| ProShares Ultra Semiconductors | Leveraged Equities, Semiconductors | 89 | 103.32% | 3.05B | Jan 2007 | QQDN vs USD | |
| ProShares UltraPro Short QQQ | Leveraged Equities, Inverse Equities, Nasdaq-100 | 0 | -44.43% | 2.23B | Feb 2010 | QQDN vs SQQQ | |
| ProShares Ultra VIX Short-Term Futures ETF | Volatility | 1 | -23.07% | 398.99M | Oct 2011 | QQDN vs UVXY | |
| Proshares Ultra Bitcoin ETF | Cryptocurrency, Leveraged Cryptocurrency | 2 | -55.56% | 446.55M | Apr 2024 | QQDN vs BITU |
Often Compared With QQDN
Investors most often compare QQDN with TSLZ, TSLQ, CARD. These 8 comparison targets span 2 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| T-Rex 2X Inverse Tesla Daily Target ETF | Inverse Equities | 3 | -3.24% | 40.28M | Oct 2023 | QQDN vs TSLZ | |
| AXS TSLA Bear Daily ETF | Inverse Equities | 3 | -1.38% | 134.23M | Jul 2022 | QQDN vs TSLQ | |
| Max Auto Industry -3X Inverse Leveraged ETN | Inverse Equities | 4 | -3.37% | 1.30M | Jun 2023 | QQDN vs CARD | |
| Defiance Daily Target 2X Short PLTR ETF | Inverse Equities | — | 5.04% | 15.00M | Jun 2025 | QQDN vs PLTZ | |
| YieldMax Short TSLA Option Income Strategy ETF | Derivative Income, Inverse Equities | 5 | 3.70% | 16.00M | May 2024 | QQDN vs CRSH | |
| Gotham Short Strategies ETF | Inverse Equities | 0 | -17.15% | 12.30M | Jul 2017 | QQDN vs SHRT | |
| GraniteShares 2x Short TSLA Daily ETF | Inverse Equities | 3 | -1.81% | 40.02M | Aug 2023 | QQDN vs TSDD | |
| MicroSectors Travel -3X Inverse Leveraged ETNs | Inverse Equities | 3 | -13.05% | 1.38M | Jun 2022 | QQDN vs FLYD |
Compare QQDN with Any Fund or Stock
Compare QQDN with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair QQDN with funds that move differently
ProShares UltraShort QQQ Mega alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to QQDN.
Explore QQDN Diversifiers