QQQP vs. MQQQ

Last updated Apr 1, 2026

Compare and contrast key facts about Tradr 2X Long Triple Q Quarterly ETF (QQQP) and Tradr 2X Long Triple Q Monthly ETF (MQQQ).

QQQP and MQQQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. QQQP is an actively managed fund by Tradr. It was launched on Sep 30, 2024. MQQQ is a passively managed fund by AXS that tracks the performance of the NASDAQ-100 Index (200%). It was launched on Aug 30, 2024.

Performance

QQQP vs. MQQQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Tradr 2X Long Triple Q Quarterly ETF (QQQP) and Tradr 2X Long Triple Q Monthly ETF (MQQQ). The values are adjusted to include any dividend payments, if applicable.

QQQP vs. MQQQ - Yearly Performance Comparison

	2026 (YTD)	2025	2024
QQQP Tradr 2X Long Triple Q Quarterly ETF	-13.36%	30.21%	10.88%
MQQQ Tradr 2X Long Triple Q Monthly ETF	-13.37%	31.67%	10.70%

Returns By Period

The year-to-date returns for both stocks are quite close, with QQQP having a -13.36% return and MQQQ slightly lower at -13.37%.

QQQP

• 1D: 7.62%
• 1M: -10.35%
• YTD: -13.36%
• 6M: -10.83%
• 1Y: 38.17%
• 3Y*: —
• 5Y*: —
• 10Y*: —

MQQQ

• 1D: 7.39%
• 1M: -10.23%
• YTD: -13.37%
• 6M: -10.92%
• 1Y: 39.35%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

QQQP vs. MQQQ - Expense Ratio Comparison

Both QQQP and MQQQ have an expense ratio of 1.30%.

QQQP

Tradr 2X Long Triple Q Quarterly ETF

MQQQ

Tradr 2X Long Triple Q Monthly ETF

Return for Risk

QQQP vs. MQQQ — Risk / Return Rank

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

QQQP

QQQP Risk / Return Rank: 53
QQQP Sharpe Ratio Rank: 43
QQQP Sortino Ratio Rank: 54
QQQP Omega Ratio Rank: 54
QQQP Calmar Ratio Rank: 58
QQQP Martin Ratio Rank: 53

MQQQ

MQQQ Risk / Return Rank: 56
MQQQ Sharpe Ratio Rank: 47
MQQQ Sortino Ratio Rank: 58
MQQQ Omega Ratio Rank: 57
MQQQ Calmar Ratio Rank: 62
MQQQ Martin Ratio Rank: 56

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.

QQQP vs. MQQQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tradr 2X Long Triple Q Quarterly ETF (QQQP) and Tradr 2X Long Triple Q Monthly ETF (MQQQ). 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.

	QQQP	MQQQ	Difference
Sharpe ratio Return per unit of total volatility	0.82	0.85	-0.03
Sortino ratio Return per unit of downside risk	1.46	1.48	-0.02
Omega ratio Gain probability vs. loss probability	1.21	1.21	0.00
Calmar ratio Return relative to maximum drawdown	1.50	1.56	-0.05
Martin ratio Return relative to average drawdown	5.23	5.32	-0.10
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

QQQP vs. MQQQ - Sharpe Ratio Comparison

The current QQQP Sharpe Ratio is 0.82, which is comparable to the MQQQ Sharpe Ratio of 0.85. The chart below compares the historical Sharpe Ratios of QQQP and MQQQ, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	QQQP	MQQQ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.82	0.85	-0.03
Sharpe Ratio (All Time) Calculated using the full available price history	0.36	0.50	-0.14

Correlation

The correlation between QQQP and MQQQ is 1.00, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

QQQP vs. MQQQ - Dividend Comparison

QQQP has not paid dividends to shareholders, while MQQQ's dividend yield for the trailing twelve months is around 2.33%.

	TTM	2025	2024
QQQP Tradr 2X Long Triple Q Quarterly ETF	0.00%	0.00%	0.00%
MQQQ Tradr 2X Long Triple Q Monthly ETF	2.33%	2.02%	0.02%

Drawdowns

QQQP vs. MQQQ - Drawdown Comparison

The maximum QQQP drawdown since its inception was -42.50%, roughly equal to the maximum MQQQ drawdown of -42.16%. Use the drawdown chart below to compare losses from any high point for QQQP and MQQQ.

Drawdown Indicators

	QQQP	MQQQ	Difference
Max Drawdown Largest peak-to-trough decline	-42.50%	-42.16%	-0.34%
Max Drawdown (1Y) Largest decline over 1 year	-25.35%	-25.23%	-0.12%
Current Drawdown Current decline from peak	-19.66%	-19.70%	+0.04%
Average Drawdown Average peak-to-trough decline	-7.80%	-7.59%	-0.21%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.29%	7.38%	-0.09%

Volatility

QQQP vs. MQQQ - Volatility Comparison

Tradr 2X Long Triple Q Quarterly ETF (QQQP) and Tradr 2X Long Triple Q Monthly ETF (MQQQ) have volatilities of 14.08% and 13.68%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	QQQP	MQQQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	14.08%	13.68%	+0.40%
Volatility (6M) Calculated over the trailing 6-month period	26.15%	26.36%	-0.21%
Volatility (1Y) Calculated over the trailing 1-year period	46.96%	46.76%	+0.20%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	44.95%	44.30%	+0.65%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	44.95%	44.30%	+0.65%