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ETF Comparisons

TQQQ vs. SPY

ProShares UltraPro QQQ

TQQQ
$--
vs

SPDR S&P 500 ETF Trust

SPY
$--

Correlation

Compare with

Top 10 comparisons with TQQQ:
Compare:
TQQQ
Correlation
With:
SPY
SPDR S&P 500 ETF Trust
SwitchQLDProShares Trust - ProShares Ultra QQQ 2x Shares1.00QQQInvesco Capital Management LLC - Invesco QQQ Trust Series 11.00QQQMInvesco Exchange-Traded Fund Trust II - Invesco NASDAQ 100 ETF1.00MGKVanguard Group, Inc. - Vanguard Mega Cap Growth ETF0.99ONEQFidelity Covington Trust - Fidelity Nasdaq Composite Index ETF0.99SCHGSchwab Strategic Trust - Schwab U.S. Large-Cap Growth ETF0.99VUGVanguard Group, Inc. - Vanguard Growth ETF0.99IWYBlackRock Institutional Trust Company N.A. - iShares Russell Top 200 Growth ETF0.99IWFBlackRock Institutional Trust Company N.A. - iShares Russell 1000 Growth ETF0.99VONGVanguard Group, Inc. - Vanguard Russell 1000 Growth Index ETF0.99

Top 10 shared holdings

Invest with TQQQ
Learn more about SPY
TQQQProShares UltraPro QQQ
SPYSPDR S&P 500 ETF Trust

What is TQQQ?

ProShares UltraPro QQQ seeks daily investment results before fees and expenses that correspond to triple (300%) the daily performance of the NASDAQ-100 Index .

Snapshot
**

TQQQ ProShares UltraPro QQQ
SPY SPDR S&P 500 ETF Trust
Inception date
Feb 9, 2010
Jan 22, 1993
Expense ratio
0.86%
0.09%
TQQQ has a higher expense ratio than SPY by 0.77%. This can indicate that it’s more expensive to invest in TQQQ than SPY.
Type
US Equities
US Equities
TQQQ targets investing in US Equities, while SPY targets investing in US Equities.
Fund owner
ProShares
State Street (SPDR)
TQQQ is managed by ProShares, while SPY is managed by State Street (SPDR).
Volume (1m avg. daily)
$3,460,839,081
$33,257,618,740
Both TQQQ and SPY are considered high-volume assets. They’re less likely to be affected by issues like slippage and failed orders on Composer than low-volume assets.
AUM
$16,056,070,130
$400,404,126,565
TQQQ has more assets under management than SPY by $384,348,056,435. Higher AUM can be associated with better liquidity and lower slippage in trading.
Associated index
Nasdaq 100 Index
S&P 500 Index
TQQQ is based off of the Nasdaq 100 Index, while SPY is based off of the S&P 500 Index
Inverse/Leveraged
Leveraged (3x)
No
TQQQ uses Leveraged (3x), while SPY uses undefined. Inverse and leveraged ETFs can be used to either take an opposite position or amplify returns of a given index.
Passive/Active
Passive
Passive
TQQQ and SPY both use a Passive investing strategy. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.
Dividend
No
No
TQQQ and SPY may offer dividends. The frequency and yield of the dividend may not be the same.
Prospectus
View
View
SPY may issue a K1, while TQQQ does not. You can find non-K1 alternatives for SPY in its “Related ETFs” section.

Automated Strategies
Related toTQQQ

#BTD

Buy the Dips: Nasdaq 100

Category

Featured, Technology Focus

Risk Rating

Aggressive

Automated Strategies
Related toSPY

#DSS

Diversify with Sin Stocks

Category

Grow Your Portfolio, Diversification

Risk Rating

Aggressive

Create your own algorithmic
trading strategy

News Related to TQQQ

ProShares UltraPro QQQ (TQQQ) Trades Higher On Strong Jobs Data, Tech Rally

Jun 6, 2025 • by Henry Khederian
ProShares UltraPro QQQ (TQQQ) Trades Higher On Strong Jobs Data, Tech Rally
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Leveraged ETFs Soar As Investors Seek 'Amplified Exposure And Quicker Returns:' Rate Bets, Tech Mania, And Geopolitical Shifts Drive Demand

May 5, 2025 • by Rishabh Mishra
Leveraged ETFs Soar As Investors Seek 'Amplified Exposure And Quicker Returns:' Rate Bets, Tech Mania, And Geopolitical Shifts Drive Demand
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Nasdaq-100 Leveraged ETF TQQQ Surges 5.5% As Tech Rally, Jobs Data Boost Risk Appetite

May 2, 2025 • by Henry Khederian
Nasdaq-100 Leveraged ETF TQQQ Surges 5.5% As Tech Rally, Jobs Data Boost Risk Appetite
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3 High-Risk ETFs Aggressive Retail Investors Can't Stop Buying

Apr 21, 2025 • by Chandrima Sanyal
3 High-Risk ETFs Aggressive Retail Investors Can't Stop Buying
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Disclaimers

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We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.