AMZU vs QQQ
Direxion Daily AMZN Bull 2X ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. QQQ delivered stronger 1-year returns. QQQ offers more diversification with 108 holdings.
Side-by-Side Comparison
| Metric | AMZU | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.99% | 0.18% | |
| AUM | $289M | $496.3B | |
| Dividend Yield | 5.52% | 0.44% | |
| Holdings | 9 | 108 | |
| YTD Return | +14.19% | +16.23% | |
| 1Y Return | +7.77% | +26.23% | |
| 3Y Return (annualized) | +22.00% | +25.75% | |
| 5Y Return (annualized) | - | +14.78% | |
| Volatility (annualized) | 57.8% | 30.6% | |
| Max Drawdown | -55.6% | -83.0% | |
| Fund Family | Direxion Shares ETF Trust | Invesco (US) | |
| Category | Alternative | Equity | |
| Inception | Sep 7, 2022 | Mar 10, 1999 |
AMZU vs QQQ Performance
Direxion Daily AMZN Bull 2X ETF (AMZU) 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 AMZU returned +7.77% while QQQ returned +26.23%. Year to date, AMZU is up 14.19% versus a gain of 16.23% for QQQ.
Over three years, AMZU compounded at +22.00% per year against +25.75% for QQQ. Across the full 4-year window we track, AMZU has the edge at +14.56% annualized vs +13.02%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
AMZU has been the more volatile fund, with annualized monthly volatility of 57.8% 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 -55.6% for AMZU 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 0.65. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
AMZU charges 0.99% per year while QQQ charges 0.18%. On a $10,000 position that is $99 vs $18 annually, a gap of $81 per year that compounds over a long holding period. On income, AMZU currently yields 5.52% against 0.44% for QQQ.
Holdings Overlap
AMZU and QQQ share 1 holdings out of 106 unique holdings combined, representing a 4.7% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in AMZU | Weight in QQQ | Difference |
|---|---|---|---|
| AMZN | 16.69% | 4.67% | 12.02% |
Frequently Asked Questions
Which is cheaper, AMZU or QQQ?
AMZU has an expense ratio of 0.99% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $81 per year of difference.
Which performed better, AMZU or QQQ?
Over the past year AMZU returned +7.77% vs +26.23% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (4 years), AMZU annualized +14.56% vs +13.02% for QQQ. Past performance does not guarantee future results.
Which is riskier, AMZU or QQQ?
AMZU has been the more volatile fund at 57.8% annualized versus 30.6% for QQQ. Worst drawdown: AMZU -55.6% vs QQQ -83.0%.
Should I hold both AMZU and QQQ?
AMZU and QQQ have a monthly-return correlation of 0.65, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between AMZU and QQQ?
AMZU and QQQ share 1 common holdings with a 4.7% weight overlap. Combined, they hold 106 unique securities.
Which pays a higher dividend, AMZU or QQQ?
AMZU yields 5.52% while QQQ yields 0.44%, so AMZU currently pays the higher dividend yield.
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