AMUU vs QQQ
Direxion Daily AMD Bull 2X ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. AMUU delivered stronger 1-year returns. QQQ offers more diversification with 108 holdings.
Side-by-Side Comparison
| Metric | AMUU | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 1.06% | 0.18% | |
| AUM | $88M | $496.3B | |
| Dividend Yield | 4.48% | 0.44% | |
| Holdings | 11 | 108 | |
| YTD Return | +197.98% | +16.64% | |
| 1Y Return | +362.97% | +27.27% | |
| 3Y Return (annualized) | - | +25.96% | |
| 5Y Return (annualized) | - | +14.54% | |
| Volatility (annualized) | 211.8% | 30.6% | |
| Max Drawdown | -56.5% | -83.0% | |
| Fund Family | Direxion Shares ETF Trust | Invesco (US) | |
| Category | Alternative | Equity | |
| Inception | Feb 12, 2025 | Mar 10, 1999 |
AMUU vs QQQ Performance
Direxion Daily AMD Bull 2X ETF (AMUU) is a ETF from Direxion Shares ETF Trust and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year AMUU returned +362.97% while QQQ returned +27.27%. Year to date, AMUU is up 197.98% versus a gain of 16.64% for QQQ.
Risk: Volatility and Drawdowns
AMUU has been the more volatile fund, with annualized monthly volatility of 211.8% compared with 30.6% for QQQ. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -56.5% for AMUU and -83.0% for QQQ. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.76. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
AMUU charges 1.06% per year while QQQ charges 0.18%. On a $10,000 position that is $106 vs $18 annually, a gap of $88 per year that compounds over a long holding period. On income, AMUU currently yields 4.48% against 0.44% for QQQ.
Holdings Overlap
AMUU and QQQ share 1 holdings out of 107 unique holdings combined, representing a 3.5% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in AMUU | Weight in QQQ | Difference |
|---|---|---|---|
| AMD | 12.72% | 3.45% | 9.27% |
Frequently Asked Questions
Which is cheaper, AMUU or QQQ?
AMUU has an expense ratio of 1.06% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $88 per year of difference.
Which performed better, AMUU or QQQ?
Over the past year AMUU returned +362.97% vs +27.27% for QQQ, so AMUU leads on 1-year performance. Over the longest common window we track (2 years), AMUU annualized +291.36% vs +13.03% for QQQ. Past performance does not guarantee future results.
Which is riskier, AMUU or QQQ?
AMUU has been the more volatile fund at 211.8% annualized versus 30.6% for QQQ. Worst drawdown: AMUU -56.5% vs QQQ -83.0%.
Should I hold both AMUU and QQQ?
AMUU and QQQ have a monthly-return correlation of 0.76, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between AMUU and QQQ?
AMUU and QQQ share 1 common holdings with a 3.5% weight overlap. Combined, they hold 107 unique securities.
Which pays a higher dividend, AMUU or QQQ?
AMUU yields 4.48% while QQQ yields 0.44%, so AMUU currently pays the higher dividend yield.
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