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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 a closer substitute for your current allocation.

Cheapest Alternatives to QQUP

QQUP charges 0.95% annually. There are 91 ETFs in the Leveraged Equities category with lower expense ratios, going as low as 0.35%.


Best Risk-Adjusted Alternatives to QQUP

Among 235 ETFs in the Leveraged Equities category with risk / return rank data, the top risk-adjusted alternatives shown here go as high as 99.


Top Performing QQUP Alternatives (YTD)

QQUP is at 14.50% YTD. There are 140 ETFs in the Leveraged Equities category with higher YTD returns, going as high as 961.23%.


Lowest Volatility Alternatives to QQUP

QQUP has 38.52% 1-year volatility. There are 78 ETFs in the Leveraged Equities category with lower 1-year volatility, going as low as 4.70%.


Lowest Drawdown Alternatives to QQUP

Among 235 ETFs in the Leveraged Equities category with 1-year drawdown data, the lowest-drawdown alternatives shown here go as shallow as -1.42%.


Other ETFs from ProShares

The 10 most viewed ProShares ETFs shown here include TQQQ, BITO, QLD and span 7 categories. AUM among these funds goes as high as $40B.


Often Compared With QQUP

Investors most often compare QQUP with QQQU, QQQ, GDE. These 19 comparison targets span 10 categories, based on PortfoliosLab usage data.


SymbolNameCategoryRisk / Return RankYTD ReturnAUMInception
Direxion Daily Magnificent 7 Bull 2X SharesLeveraged Equities
37
3.96%
99.76MMar 2024QQUP vs QQQU
Invesco QQQ ETFNasdaq-100
73
21.30%
493.99BMar 1999QQUP vs QQQ
WisdomTree Efficient Gold Plus Equity Strategy Fun...Gold
49
9.79%
576.93MMar 2022QQUP vs GDE
ProShares Ultra QQQ Top 30Leveraged Equities
43.77%
5.53MAug 2025QQUP vs QQXL
Roundhill Daily 2X Long Magnificent Seven ETFLeveraged Equities
31
1.49%
79.80MFeb 2024QQUP vs MAGX
Roundhill Magnificent Seven ETFTechnology Equities, Large Cap Growth Equities
39
3.73%
4.75BApr 2023QQUP vs MAGS
iShares Nasdaq Top 30 Stocks ETFNasdaq-100
74
22.71%
298.37MOct 2024QQUP vs QTOP
Direxion Daily AI and Big Data Bull 2X SharesLeveraged Equities
53
48.05%
30.80MMay 2024QQUP vs AIBU
VanEck Semiconductor ETFSemiconductors, Technology Equities
96
77.13%
67.82BDec 2011QQUP vs SMH
Invesco Top QQQ ETFLarge Cap Blend Equities
45
8.80%
38.40MDec 2024QQUP vs QBIG
Advisorshares Msos 2x Daily ETFLeveraged Equities
19
-31.70%
65.13MAug 2022QQUP vs MSOX
Direxion Daily NYSE FANG+ Bull 2X SharesLeveraged Equities
32
28.89%
135.61MSep 2021QQUP vs FNGG
Invesco NASDAQ 100 ETFNasdaq-100
74
21.39%
96.91BOct 2020QQUP vs QQQM
MicroSectors FANG+™ Index 3X Leveraged ETNLeveraged Equities
27
36.18%
2.66BJan 2018QQUP vs FNGU
Vanguard Mega Cap Growth ETFLarge Cap Growth Equities
45
10.01%
32.00BDec 2007QQUP vs MGK
Invesco S&P 500 Momentum ETFMomentum, S&P 500
75
30.35%
19.93BOct 2015QQUP vs SPMO
ProShares Ultra SmallCap600Leveraged Equities
52
28.22%
27.01MJan 2007QQUP vs SAA
Alphabet Inc Class A
96
14.77%
QQUP vs GOOGL
Invesco S&P 500 Equal Weight Energy ETFEnergy Equities, S&P 500
64
34.27%
571.83MNov 2006QQUP vs RSPG

Compare QQUP with Any Fund or Stock

Compare QQUP with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.


 

Diversifiers

Pair QQUP with funds that move differently

ProShares Ultra Top QQQ alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to QQUP.

Explore QQUP Diversifiers