QQQ vs SPY

Invesco QQQ Trust against SPDR S&P 500 ETF — live side-by-side technical comparison.

Prices as of 2026-09-23T20:00:00+00:00 UTC · updates daily

Performance side by side

	QQQ	SPY
Price	$741.21	$767.81
1 day	-0.8%	-0.7%lead
5 days	+5.2%lead	+1.8%
1 month	+4.9%lead	+0.6%
6 months	+26.1%lead	+17.1%
Year to date	+20.7%lead	+12.6%
52-week position	96% of range	92% of range
52-week range	$555.60–$748.65	$629.28–$779.37
vs 50-day average	above $711.42	above $760.91
vs 200-day average	above $664.41	above $717.61
RSI (14)	69	52
Next earnings	—	—

Where each one stands

QQQ — Invesco QQQ Trust

QQQ trades at $741.21, above its 50-day average of $711.42, and above the 200-day at $664.41. It sits at 96% of its 52-week range ($555.60–$748.65); 14-day RSI is 69, in neutral territory; an average session moves it about 1.3%. For levels, the first level overhead is $747.05 (0.8% away) and the first support below is $736.10 (0.7% down). On the checklist the page runs for every asset, 6 of 6 checks read bullish — the lean is bullish.

SPY — SPDR S&P 500 ETF

SPY trades at $767.81, above its 50-day average of $760.91, and above the 200-day at $717.61. It sits at 92% of its 52-week range ($629.28–$779.37); 14-day RSI is 52, in neutral territory; an average session moves it about 0.9%. For levels, the first level overhead is $777.17 (1.2% away) and the first support below is $760.91 (0.9% down). On the checklist the page runs for every asset, 5 of 6 checks read bullish — the lean is bullish.

Which one moves harder

QQQ is the more volatile of the two — an average session moves it 1.3% against 0.9% for SPY, so an identical position size carries roughly 1.4× the daily risk.

What would change the picture

The comparison turns on those levels: QQQ clearing $747.05 or losing $736.10; SPY clearing $777.17 or losing $760.91. Until one of them gives way, the relative reading above stands.

Questions people ask about QQQ vs SPY

Which is performing better right now, QQQ or SPY?

Over the past month QQQ is +4.9% and SPY is +0.6%, so QQQ is ahead on that window. Year to date the figures are +20.7% for QQQ and +12.6% for SPY.

Is QQQ or SPY more volatile?

QQQ is the more volatile of the two — an average session moves it 1.3% against 0.9% for SPY, so an identical position size carries roughly 1.4× the daily risk.

What are the key levels for QQQ and SPY?

QQQ: resistance $747.05, support $736.10; SPY: resistance $777.17, support $760.91. Levels come from recent swing zones and round numbers, recomputed daily.

What does the QQQ/SPY ratio mean?

It is simply QQQ's price divided by SPY's — 0.9654 today. When the ratio rises, QQQ is outperforming; when it falls, SPY is. Comparing it to its own 50- and 200-day averages shows whether the current leadership is new or long-standing.

Full technical reads