{"url":"https://etfiq.com/compare/leverage/mqqq-vs-psq","section":"compare","title":"MQQQ vs PSQ: Leverage, Returns & Decay | ETFIQ","description":"Over the three months to Oct 27, 2026, MQQQ returned 11.9% and PSQ \u22125.7%. Over the three months to Oct 27, 2026 they returned +11.9% and \u22125.7%.","as_of":"Oct 27, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Are MQQQ and PSQ levered on the same thing?","acceptedAnswer":{"@type":"Answer","text":"Yes. Both are levered on the Nasdaq-100, MQQQ at +2 times each calendar month\u2019s move and PSQ at -1 times each day\u2019s move."}},{"@type":"Question","name":"Can I hold MQQQ or PSQ for a year?","acceptedAnswer":{"@type":"Answer","text":"MQQQ resets every calendar month and PSQ resets every day, so the multiple in each name applies to one period only, and the periods compound. Over a year the total is not the multiple times the year\u2019s move."}},{"@type":"Question","name":"Which is cheaper, MQQQ or PSQ?","acceptedAnswer":{"@type":"Answer","text":"MQQQ charges 1.03% a year and PSQ charges 0.95%, so PSQ is cheaper. Fees come from each fund's prospectus."}}]},{"@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"ETFIQ","item":"https://etfiq.com/"},{"@type":"ListItem","position":2,"name":"Leveraged ETFs","item":"https://etfiq.com/leverage/"},{"@type":"ListItem","position":3,"name":"Compare ETFs","item":"https://etfiq.com/compare/"},{"@type":"ListItem","position":4,"name":"MQQQ vs PSQ","item":"https://etfiq.com/compare/leverage/mqqq-vs-psq"}]},{"@type":"WebPage","name":"MQQQ vs PSQ: Leverage, Returns & Decay","description":"Over the three months to Oct 27, 2026, MQQQ returned 11.9% and PSQ \u22125.7%. Over the three months to Oct 27, 2026 they returned +11.9% and \u22125.7%.","url":"https://etfiq.com/compare/leverage/mqqq-vs-psq","dateModified":"2026-10-27","abstract":"Over the three months to Oct 27, 2026, MQQQ returned 11.9% and PSQ \u22125.7%.","publisher":{"@id":"https://etfiq.com/#org"},"isPartOf":{"@id":"https://etfiq.com/#website"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".verdict",".faq"]}},{"@type":"Dataset","name":"ETFIQ comparison of MQQQ and PSQ","description":"Over the three months to Oct 27, 2026, MQQQ returned 11.9% and PSQ \u22125.7%. Over the three months to Oct 27, 2026 they returned +11.9% and \u22125.7%.","dateModified":"2026-10-27","creator":{"@id":"https://etfiq.com/#org"},"isAccessibleForFree":true,"url":"https://etfiq.com/compare/leverage/mqqq-vs-psq","license":"https://etfiq.com/license/","publisher":{"@id":"https://etfiq.com/#org"},"inLanguage":"en","creativeWorkStatus":"Published","distribution":[{"@type":"DataDownload","encodingFormat":"application/json","contentUrl":"https://etfiq.com/data/leverage.json"}],"variableMeasured":["Stated multiple","Underlying return","What the stated multiple implies","Fund total return","Difference against the label","Volatility of the underlying","Expense ratio"],"keywords":["exchange-traded funds","ETF","Leveraged ETFs","fund data","SEC filings"]}],"characters":5553,"truncated":true,"content":"ETFIQ / Leveraged ETFs / Compare ETFs / MQQQ vs PSQ \n ETFIQ etfiq.com \u00b7 independent ETF data \n\n Data as of Oct 27, 2026 .\n\n MQQQ vs PSQ: Leverage, Returns & Decay\n\n Over the three months to Oct 27, 2026, MQQQ returned 11.9% and PSQ \u22125.7%.\n Copy this for sharing \n \n PSQ costs 0.08 points a year less; their one-year returns differ by 29.6 points; PSQ is 2.5 times larger.\n MQQQ and PSQ at a glance. As of Oct 27, 2026. Source: ETFIQ. MQQQ PSQ \n Expense ratio 1.03% 0.95% \n Net assets $252m $623m \n Total return, 1 year +18.7% \u221210.9% \n What it tracks Nasdaq-100 Nasdaq-100 \n Holdings in common not pub","source":"ETFIQ, independent ETF data. Recomputed nightly from public filings and prices.","publisher":{"@id":"https://etfiq.com/#org","name":"ETFIQ","url":"https://etfiq.com"},"license":"https://etfiq.com/license/","license_text":"Data ETFIQ computes is free to use with attribution: ETFIQ (etfiq.com). Issuer data stays under its owner's terms.","citation":"ETFIQ, MQQQ against PSQ, data as of Oct 27, 2026. https://etfiq.com/compare/leverage/mqqq-vs-psq","a":{"ticker":"MQQQ","name":"Tradr 2X Long Innovation 100 Monthly ETF","issuer":"Tradr","desk":"leverage","as_of":"2026-10-27","verdict":"Over the month to Sep 30, 2026, MQQQ returned 6.0%, against 6.6% for twice QQQ's return.","url":"https://etfiq.com/funds/mqqq","key_facts":[{"label":"What QQQ did, Sep 2026","value":"+3.3%","as_of":"2026-10-27","source":null},{"label":"2 times that move","value":"+6.6%","as_of":"2026-10-27","source":null},{"label":"What the fund returned","value":"+6.0%","as_of":"2026-10-27","source":"computed by ETFIQ from Tiingo daily prices"},{"label":"Gap to 2 times the move","value":"\u22120.6 pts","as_of":"2026-10-27","source":"computed by ETFIQ from Tiingo daily prices"},{"label":"12-month yield, capital gains included, on its starting price","value":"1.9%","as_of":"2026-10-27","source":"computed by ETFIQ from Tiingo daily prices and distributions"},{"label":"Last payment, ex-date Dec 23, 2025","value":"$3.6589","as_of":"2025-12-23","source":"Tiingo end-of-day distributions"},{"label":"Net assets","value":"$252m","as_of":"2026-10-27","source":"the issuer\u2019s own daily fund list, as of Oct 27, 2026"},{"label":"Expense ratio","value":"1.03%","as_of":"2026-08-05","source":"497 XBRL, Aug 5, 2026"}]},"b":{"ticker":"PSQ","name":"ProShares Short QQQ","issuer":"ProShares","desk":"leverage","as_of":"2026-10-27","verdict":"Over the three months to Oct 27, 2026, PSQ lost 5.7%, against \u22127.3% for the inverse of QQQ's daily moves.","url":"https://etfiq.com/funds/psq","key_facts":[{"label":"What QQQ did","value":"+6.9%","as_of":"2026-10-27","source":"computed by ETFIQ from Tiingo daily prices"},{"label":"What \u22121 times a day gives","value":"\u22127.3%","as_of":"2026-10-27","source":"computed by ETFIQ from Tiingo daily prices"},{"label":"What the fund returned","value":"\u22125.7%","as_of":"2026-10-27","source":"computed by ETFIQ from Tiingo daily prices"},{"label":"Gap to \u22121 times a day","value":"+1.6 pts","as_of":"2026-10-27","source":"computed by ETFIQ from Tiingo daily prices"},{"label":"12-month yield, capital gains included, on its starting price","value":"3.5%","as_of":"2026-10-27","source":"computed by ETFIQ from Tiingo daily prices and distributions"},{"label":"Last payment (paid quarterly), ex-date Sep 23, 2026","value":"$0.2567","as_of":"2026-09-23","source":"Tiingo end-of-day distributions"},{"label":"Net assets","value":"$623m","as_of":"2026-10-27","source":"issuer page, as of Oct 27, 2026"},{"label":"Expense ratio","value":"0.95%","as_of":"2026-09-25","source":"485BPOS XBRL, Sep 25, 2026"}]},"overlap_pct":null,"overlap_note":"ETFIQ does not publish a holdings overlap for this pair. Either the funds are not compared on holdings, or one book is incomplete.","full_text_at":"https://etfiq.com/compare/leverage/mqqq-vs-psq"}