AVL vs QQQ
Direxion Daily AVGO Bull 2X ETF vs Invesco QQQ Trust, Series 1
Which is better, AVL or QQQ?
Trading-Leveraged Equity against Large Cap Growth.
QQQ has a lower expense ratio. AVL led over the full window, QQQ over 1Y.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | AVL | QQQ |
|---|---|---|
| Expense Ratio | 1.00% | 0.18%Best |
| AUM | $219M | $483.5B |
| Dividend Yield | 31.97% | 0.44% |
| Holdings | 10 | 107 |
| YTD Return | -12.41% | +16.87%Best |
| 1Y Return | -25.44% | +22.98%Best |
| 3Y Return (annualized) | - | +24.98% |
| 5Y Return (annualized) | - | +14.39% |
| Volatility (annualized) | 111.2% | 18.9%Best |
| Max Drawdown | -70.6% | -22.8%Best |
| $10,000 over 1.9 years | $18,957Best | $14,589 |
| Fund Family | Direxion Shares ETF Trust | Invesco (US) |
| Category | Alternative | Equity |
| Style | Trading-Leveraged Equity | Large Cap Growth |
| Inception | Oct 10, 2024 | Mar 10, 1999 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 1.9 years row, are measured over the window both funds cover: Oct 10, 2024 to Sep 11, 2026 (1.9 years).
AVL vs QQQ growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 1.9 years both funds cover.
AVL vs QQQ Performance
Direxion Daily AVGO Bull 2X ETF (AVL) is an ETF from Direxion Shares ETF Trust and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year AVL returned -25.44% while QQQ returned +22.98%. Year to date, AVL is down 12.41% versus a gain of 16.87% for QQQ.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
AVL has been the more volatile fund, with annualized monthly volatility of 111.2% compared with 18.9% 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 -70.6% for AVL and -22.8% for QQQ. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.57. They move together some of the time, and apart the rest.
Fees and Cost Over Time
AVL charges 1.00% per year while QQQ charges 0.18%. On a $10,000 position that is $100 vs $18 annually, a gap of $82 per year that compounds over a long holding period. On income, AVL currently yields 31.97% against 0.44% for QQQ.
Holdings Overlap
At least 3.2% of QQQ's money is in holdings AVL also owns.
Stated as a floor: for AVL, our book for it covers 91.6% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
QQQ and AVL share little of their money.
1 positions in common, counted across the 4 positions we hold weights for in AVL and 102 in QQQ, against full books of 10 and 107.
Top Shared Holdings
| Stock | Weight in AVL | Weight in QQQ | Difference |
|---|---|---|---|
| AVGOBroadcom Inc | 16.71% | 3.16% | 13.55% |
You are not choosing between two funds in isolation.
Whichever of AVL and QQQ you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, AVL or QQQ?
AVL has an expense ratio of 1.00% while QQQ charges 0.18%. QQQ is the cheaper option, by $82 a year on a $10,000 investment.
Which performed better, AVL or QQQ?
Over the past year AVL returned -25.44% vs +22.98% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (2 years), AVL annualized +40.02% vs +21.99% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, AVL or QQQ?
AVL has been the more volatile fund at 111.2% annualized versus 18.9% for QQQ. Worst drawdown: AVL -70.6% vs QQQ -22.8%.
Should I hold both AVL and QQQ?
AVL and QQQ have a monthly-return correlation of 0.57, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between AVL and QQQ?
At least 3.2% of QQQ's money is in holdings AVL also owns. Our book for AVL is partial, so the real figure is this or higher. They hold 1 positions in common, counted across the 4 positions we hold weights for in AVL and 102 in QQQ.
Which pays a higher dividend, AVL or QQQ?
AVL yields 31.97% while QQQ yields 0.44%, so AVL currently pays the higher dividend yield.
Is QQQ better than AVL?
QQQ has a lower expense ratio. AVL led over the full window, QQQ over 1Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.