MQQQ vs. GRID

Last updated Jun 3, 2026

MQQQ (Tradr 2X Long Triple Q Monthly ETF) and GRID (First Trust Nasdaq Clean Edge Smart GRID Infrastructure Index) 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 OMX Clean Edge Smart Grid Infrastructure Index. Both are passively managed. Over the past year, MQQQ returned 83.05% vs 53.09% 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

The chart below illustrates the hypothetical performance of a $10,000 investment in Tradr 2X Long Triple Q Monthly ETF (MQQQ) and First Trust Nasdaq Clean Edge Smart GRID Infrastructure Index (GRID). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, MQQQ achieves a 39.32% return, which is significantly higher than GRID's 29.13% return.

MQQQ

• 1D: 1.03%
• 1M: 20.59%
• YTD: 39.32%
• 6M: 35.46%
• 1Y: 83.05%
• 3Y*: —
• 5Y*: —
• 10Y*: —

GRID

• 1D: 2.13%
• 1M: 3.32%
• YTD: 29.13%
• 6M: 30.52%
• 1Y: 53.09%
• 3Y*: 26.34%
• 5Y*: 18.17%
• 10Y*: 19.78%

*Multi-year figures are annualized to reflect compound growth (CAGR)

MQQQ vs. GRID - Yearly Performance Comparison

	2026 (YTD)	2025	2024
MQQQ Tradr 2X Long Triple Q Monthly ETF	39.32%	31.67%	19.72%
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure Index	29.13%	29.65%	1.27%

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 4, 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.

Return for Risk

MQQQ vs. GRID — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

MQQQ

MQQQ Risk / Return Rank: 68
MQQQ Sharpe Ratio Rank: 79
MQQQ Sortino Ratio Rank: 66
MQQQ Omega Ratio Rank: 65
MQQQ Calmar Ratio Rank: 67
MQQQ Martin Ratio Rank: 66

GRID

GRID Risk / Return Rank: 81
GRID Sharpe Ratio Rank: 83
GRID Sortino Ratio Rank: 79
GRID Omega Ratio Rank: 77
GRID Calmar Ratio Rank: 84
GRID Martin Ratio Rank: 84

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

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 (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.

	MQQQ	GRID	Difference
Sharpe ratio Return per unit of total volatility	2.60	2.75	-0.16
Sortino ratio Return per unit of downside risk	3.07	3.58	-0.51
Omega ratio Gain probability vs. loss probability	1.40	1.46	-0.06
Calmar ratio Return relative to maximum drawdown	3.40	4.57	-1.17
Martin ratio Return relative to average drawdown	12.24	17.34	-5.10
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

MQQQ vs. GRID - Sharpe Ratio Comparison

The current MQQQ Sharpe Ratio is 2.60, which is comparable to the GRID Sharpe Ratio of 2.75. The chart below compares the historical Sharpe Ratios of MQQQ and GRID, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	MQQQ	GRID	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.60	2.75	-0.16
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.87	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.87	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.33	0.57	+0.76

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.

Drawdown Indicators

	MQQQ	GRID	Difference
Max Drawdown Largest 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 Drawdown Current decline from peak	0.00%	-1.16%	+1.16%
Average Drawdown Average peak-to-trough decline	-7.18%	-8.43%	+1.25%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.00%	3.09%	+3.91%

Volatility

MQQQ vs. GRID - Volatility Comparison

Tradr 2X Long Triple Q Monthly ETF (MQQQ) has a higher volatility of 8.50% compared to First Trust Nasdaq Clean Edge Smart GRID Infrastructure Index (GRID) at 7.99%. 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.

Volatility by Period

	MQQQ	GRID	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.50%	7.99%	+0.51%
Volatility (6M) Calculated over the trailing 6-month period	24.50%	16.13%	+8.37%
Volatility (1Y) Calculated over the trailing 1-year period	32.19%	19.39%	+12.80%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	43.26%	21.00%	+22.26%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	43.26%	22.81%	+20.45%

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 1.45%, more than GRID's 0.76% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GRID First Trust Nasdaq Clean Edge Smart GRID Infrastructure Index	0.76%	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	1.45%	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

Can I hold both MQQQ and GRID in my portfolio?

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.

Which is riskier, MQQQ or GRID?

MQQQ has higher volatility (8.50%) compared to GRID (7.99%). In terms of maximum drawdown, MQQQ dropped -42.16% vs GRID's -40.56%.

Which ETF is better, MQQQ or GRID?

On 1-year performance, MQQQ leads with 83.05% vs 53.09% for GRID. On fees, GRID is cheaper at 0.70% per year. On volatility, GRID has been the lower-risk option at 7.99%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, MQQQ or GRID?

Over the 1-year period, MQQQ has performed better with a 83.05% return vs 53.09%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, MQQQ or GRID?

GRID is cheaper with a 0.70% expense ratio, compared with 1.30% for MQQQ.

Which ETF pays a higher dividend yield, MQQQ or GRID?

MQQQ has the higher dividend yield at 1.45%, compared with 0.76% for GRID.

What is the main difference between MQQQ and GRID?

MQQQ is categorized as Leveraged Equities, while GRID is Alternative Energy Equities. MQQQ tracks NASDAQ-100 Index (200%), while GRID tracks NASDAQ OMX 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.

Which has better risk-adjusted returns?

GRID currently has the higher Sharpe Ratio (2.75 vs 2.60), 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.