Advertisement
QQQA vs SPYG
Which ETF would AI Choose? ProShares Nasdaq-100 Dorsey Wright Momentum ETF (QQQA) vs. State Street SPDR Portfolio S&P 500 Growth ETF (SPYG)
Key Takeaways
- QQQA employs an active momentum strategy selecting 21 to 23 high-momentum stocks from the Nasdaq-100 Index, while SPYG passively tracks the S&P 500 Growth Index with approximately 148 holdings.
- QQQA carries a higher expense ratio of 0.58% compared to SPYG's low-cost 0.04%, reflecting its specialized Dorsey Wright relative strength methodology versus broad market-cap weighting.
- Both ETFs emphasize growth-oriented large-cap U.S. equities with significant technology sector exposure, yet QQQA concentrates on momentum signals and SPYG on growth characteristics such as sales and earnings momentum.
- QQQA offers narrower diversification with equal weighting among its limited holdings, increasing concentration risk relative to SPYG's broader, float-adjusted market-cap approach.
- SPYG provides greater liquidity and scale as a core large-growth holding, while QQQA targets tactical momentum opportunities within the tech-heavy Nasdaq-100 universe.
- In the current environment of artificial intelligence-driven growth and sector rotation, SPYG's lower costs and diversification support broader positioning, whereas QQQA's momentum filter may capture short-term relative strength shifts.
Introduction
Investors seeking growth exposure often compare specialized momentum vehicles with established large-cap growth benchmarks. ProShares Nasdaq-100 Dorsey Wright Momentum ETF (QQQA) and State Street SPDR Portfolio S&P 500 Growth ETF (SPYG) both target U.S. large-cap growth equities but pursue distinct strategies. QQQA applies a rules-based momentum overlay to a subset of the Nasdaq-100, while SPYG delivers broad exposure to S&P 500 growth stocks. The comparison highlights differences in cost, concentration, and methodology that matter for portfolio construction amid ongoing technological innovation and economic cycles.
ProShares Nasdaq-100 Dorsey Wright Momentum ETF (QQQA) Overview
QQQA seeks to track the Nasdaq-100 Dorsey Wright Momentum Index, which selects the 21 securities from the Nasdaq-100 Index exhibiting the highest momentum based on Dorsey Wright's proprietary relative strength signals. The fund holds 21 to 23 stocks with equal weighting and reconstitutes quarterly. Top holdings typically include technology leaders such as CrowdStrike, Palo Alto Networks, and Advanced Micro Devices. The portfolio concentrates in information technology with secondary exposure to communication services and consumer discretionary. QQQA charges an expense ratio of 0.58% and uses a passive replication of its custom index. Distinguishing features include its focus on momentum rather than market capitalization and its equal-weighted structure, which differs from traditional Nasdaq-100 products.
State Street SPDR Portfolio S&P 500 Growth ETF (SPYG) Overview
SPYG seeks to track the S&P 500 Growth Index, which identifies large-capitalization stocks with strong growth characteristics based on sales growth, earnings change to price, and momentum. The ETF holds approximately 148 securities and employs float-adjusted market-capitalization weighting with annual rebalancing. Prominent holdings feature Nvidia, Microsoft, Apple, and Alphabet. Sector allocations emphasize information technology, followed by communication services and consumer discretionary. SPYG maintains a low expense ratio of 0.04% and operates as a passive, open-end fund. Its broad diversification and low-cost structure make it a core holding for investors seeking systematic large-cap growth exposure.
Industry and Thematic Backdrop
Both ETFs operate within the large-cap growth segment, heavily influenced by technology innovation, artificial intelligence adoption, and earnings expansion in semiconductor and software companies. Capital flows continue toward growth equities amid expectations of moderating interest rates and resilient corporate profitability. Regulatory developments around data privacy and antitrust scrutiny affect technology holdings, while macroeconomic factors such as inflation trends and geopolitical tensions influence sector rotation. Growth stocks face risks from valuation compression if economic growth slows or if higher-for-longer rates persist, yet structural demand for productivity-enhancing technologies supports the thematic environment.
Performance and Positioning Comparison
In recent market cycles, QQQA's momentum-driven selection has produced periods of outperformance during strong relative strength phases in specific Nasdaq-100 names, though its concentrated equal-weighted approach introduces higher volatility compared with SPYG. SPYG has delivered more consistent participation in broad large-cap growth rallies through its diversified holdings and lower turnover. During rotations favoring mega-cap stability, SPYG's market-cap weighting has provided relative resilience, while QQQA's focus on momentum signals may lag or lead depending on the persistence of individual stock trends. Overall, SPYG offers steadier positioning for core allocations, whereas QQQA suits tactical exposure to momentum shifts within growth equities.
AI Screener
Tickeron’s AI Screener is an AI-powered stock and ETF discovery tool that helps traders and investors filter the market based on technical patterns, fundamentals, trends, volatility, and AI-driven signals. Users can scan thousands of stocks and ETFs using customizable filters such as industry, market capitalization, technical indicators, price patterns, and performance metrics. The screener helps identify trade ideas, trending stocks, breakout candidates, and market opportunities more efficiently than manual screening. Explore the AI Screener to refine ETF comparisons and discover additional opportunities aligned with your strategy.
Tickeron AI Verdict
Based on observable structural factors, Tickeron’s AI would currently assign a higher probability of preference to SPYG. Its substantially lower expense ratio, broader diversification across 148 holdings, and established liquidity profile provide more efficient exposure to the large-cap growth theme. QQQA’s momentum methodology offers potential for capturing relative strength but carries higher costs and concentration risk that may reduce consistency across varying market regimes.
Disclaimer
The information on this webpage is provided for general informational and educational purposes only and is not intended as investment advice, a recommendation to purchase or sell any security, or an offer or solicitation related to investments. It does not consider your personal financial situation, goals, or risk profile, and all investing carries inherent risks, including the possibility of losing your entire investment. For more details, please review our full disclaimer.
To compare these two companies we present long-term analysis, their fundamental ratings and make comparative short-term technical analysis which are presented below. The conclusion is QQQA is a Hold and SPYG is a Buy.
QQQA's Indicator enters downward trend
The Aroon Indicator for QQQA entered a downward trend on November 04, 2026. Tickeron's A.I.dvisor identified a pattern where the AroonDown red line was above 70 while the AroonUp green line was below 30 for three straight days. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options. A.I.dvisor looked at 157 similar instances where the Aroon Indicator formed such a pattern. In 132 of the 157 cases the stock moved lower. This puts the odds of a downward move at 84%.
Technical Analysis (Indicators)
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on October 12, 2026. You may want to consider selling the stock, shorting the stock, or exploring put options on QQQA as a result. In 64 of 78 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are 82%.
The Moving Average Convergence Divergence Histogram (MACD) for QQQA turned negative on October 13, 2026. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 49 similar instances when the indicator turned negative. In 38 of the 49 cases the stock turned lower in the days that followed. This puts the odds of success at 78%.
QQQA moved below its 50-day moving average on October 13, 2026 date and that indicates a change from an upward trend to a downward trend.
The 10-day moving average for QQQA crossed bearishly below the 50-day moving average on October 19, 2026. This indicates that the trend has shifted lower and could be considered a sell signal. In 10 of 16 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are 62%.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where QQQA declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 75%.
Bullish Trend Analysis
The RSI Indicator demonstrates that the ticker has stayed in the oversold zone for 2 days, which means it's wise to expect a price bounce in the near future.
The Stochastic Oscillator demonstrated that the ticker has stayed in the oversold zone for 2 days, which means it's wise to expect a price bounce in the near future.
Following a +0.43% 3-day Advance, the price is estimated to grow further. Considering data from situations where QQQA advanced for three days, in 299 of 354 cases, the price rose further within the following month. The odds of a continued upward trend are 84%.
QQQA may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
SPYG's RSI Indicator climbs out of oversold territory
The RSI Oscillator for SPYG moved out of oversold territory on November 03, 2026. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. The A.I.dvisor looked at 25 similar instances when the indicator left oversold territory. In 23 of the 25 cases the stock moved higher. This puts the odds of a move higher at 90%.
Technical Analysis (Indicators)
Bullish Trend Analysis
The Stochastic Oscillator demonstrated that the ticker has stayed in the oversold zone for 2 days, which means it's wise to expect a price bounce in the near future.
Following a +2.40% 3-day Advance, the price is estimated to grow further. Considering data from situations where SPYG advanced for three days, in 298 of 355 cases, the price rose further within the following month. The odds of a continued upward trend are 84%.
SPYG may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on October 14, 2026. You may want to consider selling the stock, shorting the stock, or exploring put options on SPYG as a result. In 59 of 78 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are 76%.
The Moving Average Convergence Divergence Histogram (MACD) for SPYG turned negative on October 14, 2026. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 50 similar instances when the indicator turned negative. In 35 of the 50 cases the stock turned lower in the days that followed. This puts the odds of success at 70%.
SPYG moved below its 50-day moving average on October 16, 2026 date and that indicates a change from an upward trend to a downward trend.
The 10-day moving average for SPYG crossed bearishly below the 50-day moving average on October 23, 2026. This indicates that the trend has shifted lower and could be considered a sell signal. In 9 of 14 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are 64%.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where SPYG declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 76%.
The Aroon Indicator for SPYG entered a downward trend on November 04, 2026. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
| QQQA | SPYG | |
|---|---|---|
| RSI ODDS (%) | 1 day ago 87% | 1 day ago 90% |
| Stochastic ODDS (%) | 1 day ago 90% | 1 day ago 83% |
| Momentum ODDS (%) | 1 day ago 82% | 1 day ago 76% |
| MACD ODDS (%) | 1 day ago 78% | 1 day ago 70% |
| TrendWeek ODDS (%) | 1 day ago 77% | 1 day ago 78% |
| TrendMonth ODDS (%) | 1 day ago 80% | 1 day ago 85% |
| Advances ODDS (%) | 1 day ago 84% | 1 day ago 84% |
| Declines ODDS (%) | 4 days ago 75% | 4 days ago 76% |
| BollingerBands ODDS (%) | 1 day ago 90% | 1 day ago 90% |
| Aroon ODDS (%) | 1 day ago 84% | 1 day ago 83% |
Advertisement
QQQA and
Correlation & Price change
A.I.dvisor indicates that over the last year, QQQA has been closely correlated with LRCX. These tickers have moved in lockstep 78% of the time. This A.I.-generated data suggests there is a high statistical probability that if QQQA jumps, then LRCX could also see price increases.
| Ticker / NAME | Correlation To QQQA | 1D Price Change % | ||
|---|---|---|---|---|
| QQQA | 100% | +0.01% | ||
| LRCX - QQQA | 78% Closely correlated | -4.03% | ||
| AMAT - QQQA | 74% Closely correlated | -3.28% | ||
| ASML - QQQA | 72% Closely correlated | -3.60% | ||
| AMD - QQQA | 71% Closely correlated | +1.01% | ||
| WDC - QQQA | 71% Closely correlated | -6.77% | ||
More | ||||
| 1 Day | |||
|---|---|---|---|
| ETFs / NAME | Price $ | Chg $ | Chg % |
| GSEU | 49.64 | 1.61 | +3.36% |
| Goldman Sachs ActiveBeta Europe Equity ETF (GSEU) | |||
| EWN | 65.47 | 1.18 | +1.84% |
| iShares MSCI Netherlands ETF (EWN) | |||
| RECS | 45.49 | 0.72 | +1.61% |
| Columbia Research Enhanced Core ETF (RECS) | |||
| JFLI | 52.42 | 0.69 | +1.33% |
| JPMorgan Flexible Income ETF | |||
| SPCL | 11.50 | -1.17 | -9.23% |
| Defiance Pure Space Daily 2X Strategy ETF (SPCL) | |||