Data as of Oct 28, 2026.
ISPY vs QQQ: Differences, Returns & Fees
Over the year to Oct 28, 2026, ISPY returned +10.1% to QQQ's +15.2%, and QQQ charges 0.18% to ISPY's 0.55%.
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Net assets: $1.2bn on Oct 28, 2026 for ProShares S&P 500 High Income ETF, and $483.0bn on Oct 27, 2026 for Invesco QQQ Trust, Series 1.
Pair scorecard
QQQ costs 0.37 points a year less; their one-year returns differ by 5.1 points; QQQ is far larger, $483.0bn against $1.2bn.
| Measure | ISPY | QQQ |
|---|---|---|
| Return | ||
| Total return, 1 year | +10.1% | +15.2% |
| Price change, 1 year | rose 4.0% | rose 14.6% |
| Latest payout, annualized | 6.3% | |
| Return of capital, issuer estimate | 81% of the Oct 7, 2026 payment | |
| Drawdown | ||
| Below its high | 4.5%, high on Oct 6, 2026 | |
| Against its benchmark | ||
| What it tracks | Benchmark: S&P 500, measured through SPY | Nasdaq-100 Index |
| Against its benchmark, same days | behind by 3.5 pts | |
| Cost and size | ||
| Expense ratio | 0.55% | 0.18% |
| Net assets, as of Oct 27, 2026 | $1.2bn | $483.0bn |
| Holdings | ||
| Holdings in common | 45% | |
| In the S&P 500, by weight | 96% | |
| Top ten holdings, share of the fund | 46.7% | |
Holdings in common uses holdings dated Aug 31, 2026 and Oct 27, 2026. Method
What they share
By the books each fund has filed, ISPY and QQQ hold 45% of their money in the same securities at the same weight. Holdings dated Aug 31, 2026 and Oct 27, 2026.
half
45% in common
Only in one fund ↓
Side by side
ISPY and QQQ on the fields both publish, as of Oct 28, 2026. Source: ETFIQ. Cash paid: distributions over the window, as a share of the starting price.
ISPY
Over the year to Oct 28, 2026, ISPY paid 5.7% of its starting value in cash distributions while its price rose 4.0%. With every distribution reinvested, the fund returned +10.1%. S&P 500 (SPY) returned +13.6% over the same days, so a holder was behind by 3.5 pts. At its price on Oct 28, 2026 the latest distribution annualizes to 6.3%, paid monthly. ProShares estimates that 81% of the distribution paid Oct 7, 2026 was a return of capital (its 19a-1 notice). That is a tax label, not a measure of erosion.
QQQ
QQQ tracks the Nasdaq-100. Over the year to Oct 28, 2026 it returned +15.2% with distributions reinvested, against +15.2% for its benchmark, the Nasdaq-100 Index. The prospectus expense ratio is 0.18% a year. By its holdings published by its issuer for Oct 27, 2026, 96% of the fund by weight is stocks the S&P 500 also holds, across 103 positions, with the top ten at 46.7%. It sat 4.5% below its high of Oct 6, 2026 on Oct 28, 2026.
Questions people ask
- Are ISPY and QQQ in the same category?
- ISPY is an option-income ETF and QQQ is a stock ETF, so they do different jobs. The table compares what both publish: return, cost and holdings.
- Which returned more over the last year, ISPY or QQQ?
- In the year to Oct 28, 2026, with distributions reinvested, ISPY returned +10.1% and QQQ +15.2%.
- Which is cheaper, ISPY or QQQ?
- QQQ is cheaper, by 0.37 percentage points a year. That is about $37 on $10,000 held for a year. Fees come from each fund's prospectus.
Links are sources, not endorsements. A comparison is not a recommendation.
How this is computed
Overlap adds up the smaller of the two weights for each security both funds hold.
Cite this pageCitation, APA and Markdown
ETFIQ, ISPY against QQQ, data as of Oct 28, 2026. https://etfiq.com/compare/any/ispy-vs-qqq
ETFIQ. (Oct 28, 2026). ISPY against QQQ. Retrieved from https://etfiq.com/compare/any/ispy-vs-qqq
[ISPY against QQQ (ETFIQ, Oct 28, 2026)](https://etfiq.com/compare/any/ispy-vs-qqq)
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