ProShares Nasdaq-100 Dorsey Wright Momentum ETF (QQQA) belongs to the Nasdaq-100 category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with QQQA. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to QQQA
QQQA charges 0.58% annually. There are 18 ETFs in the Nasdaq-100 category with lower expense ratios, going as low as 0.15%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Invesco NASDAQ 100 ETF | 0.15% | 101.29B | Oct 2020 | QQQA vs QQQM | |
| Invesco QQQ ETF | 0.18% | 493.17B | Mar 1999 | QQQA vs QQQ | |
| Invesco ESG NASDAQ 100 ETF | 0.20% | 217.98M | Oct 2021 | QQQA vs QQMG | |
| iShares Nasdaq-100 ex Top 30 ETF | 0.20% | 20.89M | Oct 2024 | QQQA vs QNXT | |
| Invesco QQQ Equal Weight ETF | 0.25% | 24.12M | Mar 2026 | QQQA vs QEW |
Best Risk-Adjusted Alternatives to QQQA
QQQA has a PortfoliosLab risk / return rank of 87. There are 5 ETFs in the Nasdaq-100 category with higher risk-adjusted ranks, going as high as 97.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| PGIM Nasdaq-100 Buffer 12 ETF - April | 97 | 7.34M | Dec 2024 | QQQA vs PQAP | |
| Innovator Nasdaq-100 Power Buffer ETF - April | 97 | 213.26M | Mar 2020 | QQQA vs NAPR | |
| FT Cboe Vest Nasdaq-100 Buffer ETF - March | 95 | 563.55M | Mar 2021 | QQQA vs QMAR | |
| FT Vest NASDAQ-100 Conservative Buffer ETF - April | 91 | — | Apr 2024 | QQQA vs QCAP | |
| PGIM Laddered Nasdaq-100 Buffer 12 ETF | 88 | 15.14M | Dec 2024 | QQQA vs PBQQ |
Top Performing QQQA Alternatives (YTD)
QQQA is at 64.24% YTD. No ETFs in the Nasdaq-100 category have higher YTD returns; the top-performing alternatives shown here go as high as 38.99%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| First Trust NASDAQ-100 Technology Sector Index Fun... | 38.99% | 4.61B | Apr 2006 | QQQA vs QTEC | |
| Pacer Nasdaq 100 Top 50 Cash Cows Growth Leaders E... | 31.01% | 16.30M | Aug 2024 | QQQA vs QQQG | |
| iShares Nasdaq Premium Income Active ETF | 18.59% | 16.20M | Dec 2025 | QQQA vs BALQ | |
| Invesco ESG NASDAQ 100 ETF | 17.04% | 217.98M | Oct 2021 | QQQA vs QQMG | |
| Invesco NASDAQ 100 ETF | 16.48% | 101.29B | Oct 2020 | QQQA vs QQQM |
Lowest Volatility Alternatives to QQQA
QQQA has 30.23% 1-year volatility. There are 50 ETFs in the Nasdaq-100 category with lower 1-year volatility, going as low as 3.63%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| FT Vest NASDAQ-100 Conservative Buffer ETF - April | 3.63% | — | Apr 2024 | QQQA vs QCAP | |
| Innovator Nasdaq-100 Power Buffer ETF - April | 4.34% | 213.26M | Mar 2020 | QQQA vs NAPR | |
| PGIM Nasdaq-100 Buffer 12 ETF - April | 4.99% | 7.34M | Dec 2024 | QQQA vs PQAP | |
| Innovator Nasdaq-100 10 Buffer ETF - Quarterly | 5.25% | 158.27M | Jun 2024 | QQQA vs QBUF | |
| FT Vest Nasdaq-100 Conservative Buffer ETF - July | 5.67% | — | Jul 2024 | QQQA vs QCJL |
Lowest Drawdown Alternatives to QQQA
QQQA has a 1-year max drawdown of -14.54%. There are 39 ETFs in the Nasdaq-100 category with shallower 1-year drawdowns, going as shallow as -1.79%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Innovator Nasdaq-100 Power Buffer ETF - April | -1.79% | 213.26M | Mar 2020 | QQQA vs NAPR | |
| FT Vest NASDAQ-100 Conservative Buffer ETF - April | -2.10% | — | Apr 2024 | QQQA vs QCAP | |
| PGIM Nasdaq-100 Buffer 12 ETF - April | -2.15% | 7.34M | Dec 2024 | QQQA vs PQAP | |
| Innovator Nasdaq-100 10 Buffer ETF - Quarterly | -2.31% | 158.27M | Jun 2024 | QQQA vs QBUF | |
| FT Cboe Vest Nasdaq-100 Buffer ETF - March | -3.21% | 563.55M | Mar 2021 | QQQA vs QMAR |
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 | 53 | 41.43% | 39.74B | Feb 2010 | QQQA vs TQQQ | |
| ProShares Bitcoin Strategy ETF | Cryptocurrency | 2 | -29.93% | 1.42B | Oct 2021 | QQQA vs BITO | |
| ProShares Ultra QQQ | Leveraged Equities | 53 | 29.58% | 14.59B | Jun 2006 | QQQA vs QLD | |
| ProShares UltraPro S&P 500 | Leveraged Equities, S&P 500 | 49 | 17.21% | 5.36B | Jun 2009 | QQQA vs UPRO | |
| ProShares Ultra S&P500 | Leveraged Equities, S&P 500 | 50 | 12.95% | 8.02B | Jun 2006 | QQQA vs SSO | |
| ProShares S&P 500 Dividend Aristocrats ETF | Dividend, S&P 500, Large Cap Value Equities | 29 | 6.48% | 11.27B | Oct 2013 | QQQA vs NOBL | |
| ProShares Ultra Semiconductors | Leveraged Equities, Semiconductors | 82 | 84.65% | 3.28B | Jan 2007 | QQQA vs USD | |
| ProShares UltraPro Short QQQ | Leveraged Equities, Inverse Equities, Nasdaq-100 | 1 | -40.31% | 1.83B | Feb 2010 | QQQA vs SQQQ | |
| ProShares Ultra VIX Short-Term Futures ETF | Volatility | 1 | -22.07% | 265.17M | Oct 2011 | QQQA vs UVXY | |
| Proshares Ultra Bitcoin ETF | Cryptocurrency, Leveraged Cryptocurrency | 2 | -58.07% | 340.85M | Apr 2024 | QQQA vs BITU |
Often Compared With QQQA
Investors most often compare QQQA with JEPQ, MOAT, JEPI. These 20 comparison targets span 11 categories, based on PortfoliosLab usage data.
Compare QQQA with Any Fund or Stock
Compare QQQA with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair QQQA with funds that move differently
ProShares Nasdaq-100 Dorsey Wright Momentum ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to QQQA.
Explore QQQA Diversifiers