MQQQ vs. GRID
MQQQ (Tradr 2X Long Triple Q Monthly ETF) and GRID (First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund) are both exchange-traded funds - MQQQ is a Leveraged Equities fund tracking the NASDAQ-100 Index (200%), while GRID is a Alternative Energy Equities fund tracking the Nasdaq Clean Edge Smart Grid Infrastructure Index. Both are passively managed. Over the past year, MQQQ returned 62.78% vs 42.41% for GRID. A 0.79 correlation means they provide meaningful diversification when combined. MQQQ charges 1.30%/yr vs 0.70%/yr for GRID.
Performance
MQQQ vs. GRID - Performance Comparison
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Returns By Period
In the year-to-date period, MQQQ achieves a 27.22% return, which is significantly higher than GRID's 23.40% return.
MQQQ
- 1D
- -6.32%
- 1M
- -2.02%
- YTD
- 27.22%
- 6M
- 23.93%
- 1Y
- 62.78%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
GRID
- 1D
- -4.46%
- 1M
- -1.96%
- YTD
- 23.40%
- 6M
- 22.11%
- 1Y
- 42.41%
- 3Y*
- 24.21%
- 5Y*
- 16.63%
- 10Y*
- 19.95%
MQQQ vs. GRID - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
MQQQ Tradr 2X Long Triple Q Monthly ETF | 27.22% | 31.67% | 16.76% |
GRID First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund | 23.40% | 29.65% | -1.77% |
Correlation
The correlation between MQQQ and GRID is 0.79, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.79 |
Correlation (All Time) Calculated using the full available price history since Sep 3, 2024 | 0.79 |
The correlation between MQQQ and GRID has been stable across timeframes, ranging from 0.79 to 0.79 - a consistent structural relationship.
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Return for Risk
MQQQ vs. GRID — Risk / Return Rank
MQQQ
GRID
MQQQ vs. GRID - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Tradr 2X Long Triple Q Monthly ETF (MQQQ) and First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (GRID). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| MQQQ | GRID | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.25 | ||
| Sortino ratioReturn per unit of downside risk | -0.39 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.35 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | 2.50 | 3.63 | -1.13 |
| Martin ratioReturn relative to average drawdown | 8.74 | 12.92 | -4.18 |
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Drawdowns
MQQQ vs. GRID - Drawdown Comparison
The maximum MQQQ drawdown since its inception was -42.16%, roughly equal to the maximum GRID drawdown of -40.56%. Use the drawdown chart below to compare losses from any high point for MQQQ and GRID.
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Drawdown Indicators
| MQQQ | GRID | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -42.16% | -40.56% | -1.60% |
Max Drawdown (1Y)Largest decline over 1 year | -25.23% | -11.73% | -13.50% |
Max Drawdown (3Y)Largest decline over 3 years | — | -20.77% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -29.64% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -40.56% | — |
Current DrawdownCurrent decline from peak | -8.68% | -5.55% | -3.13% |
Average DrawdownAverage peak-to-trough decline | -7.16% | -8.42% | +1.26% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.20% | 3.29% | +3.91% |
Volatility
MQQQ vs. GRID - Volatility Comparison
Tradr 2X Long Triple Q Monthly ETF (MQQQ) has a higher volatility of 17.78% compared to First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund (GRID) at 10.12%. This indicates that MQQQ's price experiences larger fluctuations and is considered to be riskier than GRID based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MQQQ | GRID | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 17.78% | 10.12% | +7.66% |
Volatility (6M)Calculated over the trailing 6-month period | 29.02% | 18.23% | +10.79% |
Volatility (1Y)Calculated over the trailing 1-year period | 35.95% | 21.26% | +14.69% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 44.41% | 21.37% | +23.04% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 44.41% | 22.80% | +21.61% |
MQQQ vs. GRID - Expense Ratio Comparison
MQQQ has a 1.30% expense ratio, which is higher than GRID's 0.70% expense ratio.
Dividends
MQQQ vs. GRID - Dividend Comparison
MQQQ's dividend yield for the trailing twelve months is around 1.58%, more than GRID's 0.80% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GRID First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund | 0.80% | 1.01% | 1.06% | 1.23% | 1.26% | 0.63% | 0.68% | 1.26% | 1.28% | 1.07% | 1.07% | 1.23% |
MQQQ Tradr 2X Long Triple Q Monthly ETF | 1.58% | 2.02% | 0.02% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
MQQQ and GRID have a correlation of 0.79, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MQQQ has higher volatility (17.78%) compared to GRID (10.12%). In terms of maximum drawdown, MQQQ dropped -42.16% vs GRID's -40.56%.
On 1-year performance, MQQQ leads with 62.78% vs 42.41% for GRID. On fees, GRID is cheaper at 0.70% per year. On volatility, GRID has been the lower-risk option at 10.12%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, MQQQ has performed better with a 62.78% return vs 42.41%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
GRID is cheaper with a 0.70% expense ratio, compared with 1.30% for MQQQ.
MQQQ has the higher dividend yield at 1.58%, compared with 0.80% for GRID.
MQQQ is categorized as Leveraged Equities, while GRID is Alternative Energy Equities. MQQQ tracks NASDAQ-100 Index (200%), while GRID tracks Nasdaq Clean Edge Smart Grid Infrastructure Index. They also come from different issuers: AXS and First Trust. Their fees differ too: 1.30% for MQQQ and 0.70% for GRID.
GRID currently has the higher Sharpe Ratio (2.01 vs 1.76), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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