EDC vs QQQ
Direxion Daily MSCI Emerging Markets Bull 3X ETF vs Invesco QQQ Trust, Series 1
Which is better, EDC or QQQ?
Trading-Leveraged Equity against Large Cap Growth.
QQQ has a lower expense ratio. EDC led over 1Y and 3Y, QQQ over 5Y and the full window.
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 | EDC | QQQ |
|---|---|---|
| Expense Ratio | 1.09% | 0.18%Best |
| AUM | $182M | $486.1B |
| Dividend Yield | 1.52% | 0.44% |
| Holdings | 10 | 107 |
| YTD Return | +45.80%Best | +17.54% |
| 1Y Return | +105.91%Best | +25.59% |
| 3Y Return (annualized) | +47.55%Best | +24.63% |
| 5Y Return (annualized) | -0.20% | +14.18%Best |
| Volatility (annualized) | 58.5% | 17.8%Best |
| Max Drawdown | -92.9% | -35.1%Best |
| $10,000 over 5 years | $9,900 | $19,407Best |
| Fund Family | Direxion Shares ETF Trust | Invesco (US) |
| Category | Alternative | Equity |
| Style | Trading-Leveraged Equity | Large Cap Growth |
| Inception | Dec 17, 2008 | Mar 10, 1999 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Dec 17, 2008 to Sep 4, 2026 (17.7 years).
EDC 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 17.7 years both funds cover.
EDC vs QQQ Performance
Direxion Daily MSCI Emerging Markets Bull 3X ETF (EDC) 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 EDC returned +105.91% while QQQ returned +25.59%. Year to date, EDC is up 45.80% versus a gain of 17.54% for QQQ.
Over three years, EDC compounded at +47.55% per year against +24.63% for QQQ; over five years the annualized figures are -0.20% and +14.18% respectively. Across the full 18-year window we track, QQQ has the edge at +19.82% annualized vs -0.12%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
EDC has been the more volatile fund, with annualized monthly volatility of 58.5% compared with 17.8% 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 -92.9% for EDC and -35.1% 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 0.68. They move together some of the time, and apart the rest.
Fees and Cost Over Time
EDC charges 1.09% per year while QQQ charges 0.18%. On a $10,000 position that is $109 vs $18 annually, a gap of $91 per year that compounds over a long holding period. On income, EDC currently yields 1.52% against 0.44% for QQQ.
Holdings Overlap
We hold position weights for 3 holdings in EDC and 102 in QQQ, totalling 85.2% and 99.9% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 3 positions we hold weights for in EDC and 102 in QQQ, against full books of 10 and 107.
You are not choosing between two funds in isolation.
Whichever of EDC 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, EDC or QQQ?
EDC has an expense ratio of 1.09% while QQQ charges 0.18%. QQQ is the cheaper option, by $91 a year on a $10,000 investment.
Which performed better, EDC or QQQ?
Over the past year EDC returned +105.91% vs +25.59% for QQQ, so EDC leads on 1-year performance. Over the longest common window we track (18 years), EDC annualized -0.12% vs +19.82% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, EDC or QQQ?
EDC has been the more volatile fund at 58.5% annualized versus 17.8% for QQQ. Worst drawdown: EDC -92.9% vs QQQ -35.1%.
Should I hold both EDC and QQQ?
EDC and QQQ have a monthly-return correlation of 0.68, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, EDC or QQQ?
EDC yields 1.52% while QQQ yields 0.44%, so EDC currently pays the higher dividend yield.
Is QQQ better than EDC?
QQQ has a lower expense ratio. EDC led over 1Y and 3Y, QQQ over 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.