TQQQ vs DIA Overlap

Comparing ProShares UltraPro QQQ and SPDR Dow Jones Industrial Average ETF

Holdings Overlap
8.15%
Very Low Overlap
Shared Holdings
2 of 10
Complete portfolio analysis
Calculation Method
Min Weight
Weighted intersection

Visual Overlap

TQQQ
DIA
8.1%
TQQQ Only
Overlap
DIA Only

Price Performance

Historical price comparison over 3M

TQQQ Return
+24.24%
DIA Return
+9.12%
Winner
TQQQ
+15.12%
Max Drawdown
TQQQ: -23.0%
DIA: -5.1%
TQQQ Volatility (annualized)47.74%
DIA Volatility (annualized)10.72%

๐Ÿ“ˆ Comparison

Metric
TQQQ
DIA
1 Year Return
+85.5%โœ“
+22.8%
3 Year Return
+18.5%โœ“
+8.5%
5 Year Return
+42.5%โœ“
+13.2%
Volatility
68.50%
17.50%โœ“
Expense Ratio
0.86%
0.16%โœ“
โš ๏ธ Past performance does not guarantee future results. Data may be delayed.

โš ๏ธRisk Metrics

Metric
TQQQ
DIA
Volatility
68.50%
17.50%โœ“
Sharpe Ratio
0.58
0.71โœ“
Sortino Ratio
0.72
1.02โœ“
Max Drawdown
-82.50%
-36.80%โœ“
Beta
3.00
0.92

Interpretation:

  • ๐Ÿ“Š Lower volatility = smoother ride
  • โšก Higher Sharpe/Sortino = better risk-adjusted returns
  • โš ๏ธ Smaller max drawdown = less worst-case pain
  • ๐Ÿ“ˆ Beta > 1 = more volatile than S&P 500

โš”๏ธ Comparison

9 - 9

Key Factors

๐Ÿ’ฐ Expense Ratio
TQQQ:0.86%โœ“
vs
DIA:0.16%โœ“
๐ŸŽฏ Number of Holdings
TQQQ:101 holdingsโœ“
vs
DIA:30 holdingsโœ“
๐Ÿ“ˆ 5-Year Return
TQQQ:+42.5%โœ“
vs
DIA:+13.2%โœ“
โ–ถAdditional Metrics (5)
โš–๏ธ Concentration Risk
TQQQ: 31.4% in top 10โœ“
DIA: 65.1% in top 10
๐Ÿ“Š Assets Under Management
TQQQ: $20B
DIA: $35Bโœ“
โšก Sharpe Ratio
TQQQ: 0.58
DIA: 0.71
๐Ÿ“‰ Volatility
TQQQ: 68.5%
DIA: 17.5%โœ“
๐Ÿ” Uniqueness vs SPY
TQQQ: 48.3% unique
DIA: 89.5% uniqueโœ“

Bottom line: TQQQ and DIA are very similar. Choose based on your broker's commission structure or personal preference.

Detailed Overlap Analysis

2 shared holdings representing 8.1% portfolio overlap

Top Shared Holdings

#StockTQQQ WeightDIA WeightOverlap
1
MSFT
MSFT
4.54%6.85%4.54%
2
AMGN
AMGN
0.63%5.85%0.63%

Overlap by Sector

Technology
1 stocks ยท 4.54% overlap
Healthcare
1 stocks ยท 0.63% overlap

Showing top 5 sectors by overlap contribution

2
Shared Stocks
8.1%
Total Overlap
2
Sectors Represented

Top Holdings Only in TQQQ

Unique to TQQQ

โ†Scroll horizontally to see all dataโ†’
SymbolNameWeight
NVDANVDA5.63%
AAPLAAPL5.05%
AMZNAMZN3.08%
TSLATSLA2.72%
METAMETA2.45%

Top Holdings Only in DIA

Unique to DIA

โ†Scroll horizontally to see all dataโ†’
SymbolNameWeight
UNHUnitedHealth Group9.85%
GSGoldman Sachs8.25%
HDHome Depot6.65%
CATCaterpillar Inc6.25%
VVisa Inc5.65%

Price Correlation

๐Ÿ“ŠSimilar to TQQQ

SPYQQQVOOVTI

๐Ÿ“ŠSimilar to DIA

SPYQQQVOOVTI

How We Calculate Overlap

We use the minimum weight method with normalization to calculate portfolio overlap:

Overlap = ฮฃ min(weightA, weightB) for each shared holding

Normalization: Holdings weights are normalized to sum to 100% before comparison. This ensures accurate overlap calculations even when analyzing partial holdings data (e.g., top 50 positions).

Conservative approach: We consider only the smaller allocation for each shared position, giving you a realistic view of true portfolio overlap.

๐Ÿ“Š This analysis is based on publicly available holdings data. For the most current and complete holdings information, please visit the official ETF provider websites.

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