Data as of Sep 4, 2026. Both funds on the fields they both publish, from the same sources.
ISPY vs QQQ
ProShares S&P 500 High Income ETF and Invesco QQQ Trust.
What they hold in common
By the books each fund has filed, ISPY and QQQ hold 49% of their money in the same securities at the same weight.
| Holding | ISPY | QQQ |
|---|---|---|
| NVIDIA Corp. | 7.07% | 8.16% |
| Apple, Inc. | 6.31% | 7.29% |
| Microsoft Corp. | 4.60% | 5.32% |
| Amazon.com, Inc. | 3.64% | 4.62% |
| Alphabet, Inc. | 3.05% | 3.52% |
| Broadcom, Inc. | 2.92% | 3.37% |
| Alphabet, Inc. | 2.42% | 3.26% |
| Meta Platforms, Inc. | 1.91% | 2.97% |
| Tesla, Inc. | 1.69% | 3.46% |
| Micron Technology, Inc. | 1.50% | 4.80% |
| Advanced Micro Devices, Inc. | 1.16% | 3.70% |
| Intel Corp. | 0.74% | 2.52% |
| Only in ISPY | Only in QQQ |
|---|---|
| ProShares GENIUS Money Market ETF 10.56% | Linde PLC 1.01% |
| Eli Lilly & Co. 1.21% | Seagate Technology Holdings PLC 0.84% |
| Berkshire Hathaway, Inc. 1.20% | Marvell Technology, Inc. 0.78% |
| JPMorgan Chase & Co. 1.11% | Shopify Inc. 0.64% |
| Exxon Mobil Corp. 0.84% | ASML Holding N.V. 0.62% |
| Visa, Inc. 0.76% | MercadoLibre, Inc. 0.38% |
| Johnson & Johnson 0.75% | NXP Semiconductors N.V. 0.36% |
| Caterpillar, Inc. 0.56% | PDD Holdings Inc. 0.25% |
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings as filed for May 31, 2026.
| ISPY ProShares S&P 500 High Income ETF | QQQ Invesco QQQ Trust | |
|---|---|---|
| Where it sits | Income desk | Core fund |
| Issuer | ProShares | Invesco |
| What it is | covered call, vs SPY | Nasdaq-100, book from QQQM |
| Total return, 1 year | +16.9% | +25.6% |
| S&P 500 over the same days | +20.0% | +20.0% |
| Gap to the S&P 500 | −3.1 pts | +5.6 pts |
| Cash paid, 1 year | 5.7% | not an income fund |
| Expense ratio | not published | 0.18% |
| Holdings | n/a | 101 |
ISPY in plain words
Over the year to Sep 4, 2026, ISPY paid 5.7% of its starting value in cash distributions while its price rose 10.8%. With every distribution reinvested, the fund returned +16.9%. S&P 500 (SPY) returned +20.0% over the same days, so a holder was behind by 3.1 pts. At its price on Sep 4, 2026 the latest distribution annualises to 5.8%, paid monthly.
QQQ in plain words
QQQ is a index equity fund tracking Nasdaq-100, book from QQQM. Over the year to Sep 4, 2026 it returned +25.6% with distributions reinvested, against +20.0% for the S&P 500 and +25.6% for the Nasdaq-100. The prospectus expense ratio is 0.18% a year. By its holdings filed for May 31, 2026, 97% of the fund by weight is stocks the S&P 500 also holds, across 101 positions, with the top ten at 47.5%. It sat 3.5% below its high of Jun 2, 2026 on Sep 4, 2026.
Questions people ask
- Which returned more over the last year, ISPY or QQQ?
- In the year to Sep 4, 2026, with distributions reinvested, ISPY returned +16.9% and QQQ returned +25.6%, so QQQ returned more. One year is one year; the longer windows are in the table.
- Are ISPY and QQQ the same kind of fund?
- No. ISPY is an option-income ETF and QQQ is an index ETF, so they are built for different jobs. The table compares what both publish: return, cost and what each actually holds.
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Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, ISPY against QQQ, data as of Sep 4, 2026. https://etfiq.com/compare/any/ISPY-QQQ.html Free to use with attribution; the underlying files are at Open data.
A comparison is not a recommendation. Standards and sources