DRV vs QQQ
Direxion Daily Real Estate Bear 3X 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 | DRV | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 1.06% | 0.18% | |
| AUM | $26M | $496.3B | |
| Dividend Yield | 3.94% | 0.44% | |
| Holdings | 5 | 108 | |
| YTD Return | -29.33% | +17.89% | |
| 1Y Return | -21.44% | +26.35% | |
| 3Y Return (annualized) | -25.66% | +26.02% | |
| 5Y Return (annualized) | -14.36% | +14.59% | |
| Volatility (annualized) | 49.0% | 30.6% | |
| Max Drawdown | -100.0% | -83.0% | |
| Fund Family | Direxion Shares ETF Trust | Invesco (US) | |
| Category | Alternative | Equity | |
| Inception | Jul 16, 2009 | Mar 10, 1999 |
DRV vs QQQ Performance
Direxion Daily Real Estate Bear 3X ETF (DRV) 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 DRV returned -21.44% while QQQ returned +26.35%. Year to date, DRV is down 29.33% versus a gain of 17.89% for QQQ.
Over three years, DRV compounded at -25.66% per year against +26.02% for QQQ; over five years the annualized figures are -14.36% and +14.59% respectively. Across the full 17-year window we track, QQQ has the edge at +13.07% annualized vs -42.78%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
DRV has been the more volatile fund, with annualized monthly volatility of 49.0% 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 -100.0% for DRV 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 -0.58. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
DRV 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, DRV currently yields 3.94% against 0.44% for QQQ.
Holdings Overlap
DRV and QQQ share 0 holdings out of 104 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, DRV or QQQ?
DRV 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, DRV or QQQ?
Over the past year DRV returned -21.44% vs +26.35% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (17 years), DRV annualized -42.78% vs +13.07% for QQQ. Past performance does not guarantee future results.
Which is riskier, DRV or QQQ?
DRV has been the more volatile fund at 49.0% annualized versus 30.6% for QQQ. Worst drawdown: DRV -100.0% vs QQQ -83.0%.
Should I hold both DRV and QQQ?
DRV and QQQ have a monthly-return correlation of -0.58, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between DRV and QQQ?
DRV and QQQ share 0 common holdings with a 0.0% weight overlap. Combined, they hold 104 unique securities.
Which pays a higher dividend, DRV or QQQ?
DRV yields 3.94% while QQQ yields 0.44%, so DRV currently pays the higher dividend yield.
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