ProShares Ultra Top QQQ (QQUP) Alternatives
ProShares Ultra Top QQQ (QQUP) 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 QQUP. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.
Cheapest Alternatives to QQUP
QQUP charges 0.95% annually. Among ETFs in the Leveraged Equities category, these options have the lowest expense ratios among QQUP alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| ETRACS IFED Invest with the Fed TR Index ETN | 0.45% | Sep 14, 2021 | QQUP vs IFED | |
| Direxion Daily S&P 500 Bull 2x Shares | 0.64% | May 28, 2014 | QQUP vs SPUU | |
| Leverage Shares 2X Long NVDA Daily ETF | 0.75% | Dec 12, 2024 | QQUP vs NVDG | |
| Leverage Shares 2X Long AMD Daily ETF | 0.75% | Jan 24, 2025 | QQUP vs AMDG | |
| Leverage Shares 2X Long TSLA Daily ETF | 0.75% | Dec 12, 2024 | QQUP vs TSLG |
Best Risk-Adjusted Alternatives to QQUP
Among ETFs in the Leveraged Equities category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.
| Symbol | Name | Risk / Return Rank | Inception | |
|---|---|---|---|---|
| Direxion Daily South Korea Bull 3X Shares | 98 | Apr 10, 2013 | QQUP vs KORU | |
| Direxion Daily MU Bull 2X Shares | 98 | Oct 9, 2024 | QQUP vs MUU | |
| GraniteShares 2x Long MU Daily ETF | 98 | Nov 11, 2024 | QQUP vs MULL | |
| Direxion Daily GOOGL Bull 2X Shares | 96 | Sep 6, 2022 | QQUP vs GGLL | |
| Direxion Daily TSM Bull 2X Shares | 96 | Oct 3, 2024 | QQUP vs TSMX |
Top Performing QQUP Alternatives (YTD)
QQUP alternatives from the Leveraged Equities category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| MicroSectors U.S. Big Oil Index 3X Leveraged ETN | 168.34% | Apr 9, 2019 | QQUP vs NRGU | |
| MicroSectors Energy 3X Leveraged ETN | 141.86% | Feb 16, 2023 | QQUP vs WTIU | |
| Leverage Shares 2X Long TER Daily ETF | 102.79% | Nov 17, 2025 | QQUP vs TERG | |
| Direxion Daily S&P Oil & Gas Exploration & Product... | 102.61% | Apr 1, 2020 | QQUP vs GUSH | |
| ProShares Ultra Oil & Gas | 85.56% | Jan 30, 2007 | QQUP vs DIG |
Lowest Volatility Alternatives to QQUP
QQUP alternatives from the Leveraged Equities category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| Innovator U.S. Equity Accelerated Plus ETF | 14.33% | Apr 1, 2021 | QQUP vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | 16.31% | Apr 1, 2021 | QQUP vs QTAP | |
| Roundhill BRKB WeeklyPay ETF | 17.95% | Jun 17, 2025 | QQUP vs BRKW | |
| Innovator US Equity Accelerated ETF | 17.99% | Apr 1, 2021 | QQUP vs XDSQ | |
| Innovator U.S. Equity Accelerated Plus ETF - July | 18.18% | Jul 1, 2021 | QQUP vs XTJL |
Lowest Drawdown Alternatives to QQUP
QQUP alternatives from the Leveraged Equities category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| Innovator U.S. Equity Accelerated Plus ETF | -11.83% | Apr 1, 2021 | QQUP vs XTAP | |
| Innovator Growth Accelerated Plus ETF - April | -12.04% | Apr 1, 2021 | QQUP vs QTAP | |
| Innovator US Equity Accelerated ETF | -12.18% | Apr 1, 2021 | QQUP vs XDSQ | |
| Innovator Growth Accelerated ETF - Quarterly | -12.64% | Apr 1, 2021 | QQUP vs XDQQ | |
| Innovator U.S. Equity Accelerated Plus ETF - July | -13.81% | Jul 1, 2021 | QQUP vs XTJL |
Other ETFs from ProShares
Most popular ProShares ETFs on PortfoliosLab, across asset classes.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| ProShares UltraPro QQQ | Leveraged Equities, Leveraged | 50 | -20.81% | Feb 9, 2010 | QQUP vs TQQQ | |
| ProShares Bitcoin Strategy ETF | Cryptocurrency, Actively Managed | 5 | -23.25% | Oct 19, 2021 | QQUP vs BITO | |
| ProShares Ultra QQQ | Leveraged Equities, Leveraged | 57 | -13.35% | Jun 21, 2006 | QQUP vs QLD | |
| ProShares UltraPro S&P 500 | Leveraged Equities, S&P 500 | 45 | -16.03% | Jun 23, 2009 | QQUP vs UPRO | |
| ProShares Ultra S&P500 | Leveraged Equities, S&P 500 | 51 | -10.23% | Jun 19, 2006 | QQUP vs SSO | |
| ProShares S&P 500 Dividend Aristocrats ETF | S&P 500, Dividend | 27 | 2.36% | Oct 9, 2013 | QQUP vs NOBL | |
| ProShares Ultra Semiconductors | Leveraged Equities, Semiconductors | 90 | -8.58% | Jan 30, 2007 | QQUP vs USD | |
| ProShares UltraPro Short QQQ | Leveraged Equities, Leveraged | 2 | 18.46% | Feb 9, 2010 | QQUP vs SQQQ | |
| ProShares Ultra VIX Short-Term Futures ETF | Leveraged, Volatility | 5 | 45.56% | Oct 3, 2011 | QQUP vs UVXY | |
| Proshares Ultra Bitcoin ETF | Cryptocurrency, Leveraged Cryptocurrency | 3 | -47.12% | Apr 1, 2024 | QQUP vs BITU |
Often Compared With QQUP
What investors most often compare with QQUP, based on PortfoliosLab usage data.
Compare QQUP with Any Fund or Stock
Compare QQUP with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.