TQQQ vs UWM
ProShares UltraPro QQQ against ProShares Ultra Russell2000: cost, size, returns, what they hold and how much of it is the same.
Overlap by weight
3%
2 shared positions
Fee gap
11 bp
TQQQ is cheaper
1-year return gap
19.4 pts
TQQQ is ahead
Larger fund
TQQQ
$36.2B
Side by side
| TQQQ | UWM | |
|---|---|---|
| Fund | ProShares UltraPro QQQ | ProShares Ultra Russell2000 |
| Issuer | ProShares | ProShares |
| Category | Leveraged Equity | Leveraged Equity |
| Expense ratio | 0.84% | 0.95% |
| Assets | $36.2B | $212M |
| Average daily dollar volume | $4.0B | $19M |
| Listed | Feb 9, 2010 | Jan 23, 2007 |
| FrenzyCap score | 86 | 61 |
| 1-month return | −10.2% | −8.2% |
| 3-month return | +9.5% | −11.7% |
| Year to date | +37.7% | +18.7% |
| 1-year return | +34.6% | +15.2% |
| 30-day volatility | 52.2% | 27.8% |
| Worst drawdown, 1 year | −37.2% | −22.4% |
| Trailing 12-month yield | 0.67% | 0.88% |
| Holdings | 127 | 1,990 |
| Top 10 weight | 249.1% | 164.9% |
| Look-through P/E | 32.0 | 206.7 |
| Holdings vs fair value | −1.1% | +16.1% |
| Holdings above 200-day average | 70% | 55% |
| Net flow, latest 3 reported months | −$5.4B thru May 2026 | −$74M thru May 2026 |
| 30-day implied volatility | 63.3% | 38.1% |
| Holdings as of | as of Oct 21, 2026issuer data | as of Oct 21, 2026issuer data |
Returns are price returns and exclude distributions. Flows are each fund's own latest reported months and may not cover the same period.
Largest shared holdings
3% of TQQQ · 5% of UWM| Holding | TQQQ | UWM |
|---|---|---|
| TREASURY BILL, due Jan 19, 2027 | 1.79% | 1.87% |
| TREASURY BILL, due Nov 5, 2026 | 1.08% | 3.53% |
Sector mix of the stock holdings
| Sector | TQQQ | UWM | Gap |
|---|---|---|---|
| Technology | 27.2% | 5.2% | +22.1% |
| Consumer Discretionary | 5.7% | 3.9% | +1.9% |
| Health Care | 1.7% | 7.9% | −6.1% |
| Industrials | 2.4% | 6.4% | −4.1% |
| Financials | 0.1% | 7.5% | −7.4% |
| Materials | 0.4% | 2.2% | −1.8% |
| Real Estate | 0.0% | 2.5% | −2.5% |
| Utilities | 0.4% | 1.5% | −1.0% |
| Energy | 0.1% | 1.7% | −1.6% |
| Communication Services | 0.9% | 0.7% | +0.2% |
| Consumer Staples | 0.8% | 0.6% | +0.2% |
| Other | 0.0% | 0.0% | −0.0% |
More: full overlap table · TQQQ holdings · UWM holdings
Fund data comes from each fund's SEC filings and issuer disclosures and is shown with the date it is as of. SEC portfolio and flow filings become public about 60 days after the period they cover. Nothing here is investment advice; see Terms.