ELIL vs QQQ
Direxion Daily LLY Bull 2X ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. ELIL delivered stronger 1-year returns. QQQ offers more diversification with 108 holdings.
Side-by-Side Comparison
| Metric | ELIL | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 1.07% | 0.18% | |
| AUM | $21M | $455.8B | |
| Dividend Yield | 10.18% | 0.41% | |
| Holdings | 9 | 108 | |
| YTD Return | +9.11% | +19.68% | |
| 1Y Return | +173.04% | +26.75% | |
| 3Y Return (annualized) | - | +26.25% | |
| 5Y Return (annualized) | - | +15.39% | |
| Volatility (annualized) | 74.2% | 30.6% | |
| Max Drawdown | -55.8% | -83.0% | |
| Fund Family | Direxion Shares ETF Trust | Invesco (US) | |
| Category | Alternative | Equity | |
| Inception | Mar 26, 2025 | Mar 10, 1999 |
ELIL vs QQQ Performance
Direxion Daily LLY Bull 2X ETF (ELIL) 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 ELIL returned +173.04% while QQQ returned +26.75%. Year to date, ELIL is up 9.11% versus a gain of 19.68% for QQQ.
Risk: Volatility and Drawdowns
ELIL has been the more volatile fund, with annualized monthly volatility of 74.2% 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 -55.8% for ELIL 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 0.13. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
ELIL charges 1.07% per year while QQQ charges 0.18%. On a $10,000 position that is $107 vs $18 annually, a gap of $89 per year that compounds over a long holding period. On income, ELIL currently yields 10.18% against 0.41% for QQQ.
Holdings Overlap
ELIL and QQQ share 0 holdings out of 108 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, ELIL or QQQ?
ELIL has an expense ratio of 1.07% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $89 per year of difference.
Which performed better, ELIL or QQQ?
Over the past year ELIL returned +173.04% vs +26.75% for QQQ, so ELIL leads on 1-year performance. Over the longest common window we track (1 years), ELIL annualized +34.65% vs +13.15% for QQQ. Past performance does not guarantee future results.
Which is riskier, ELIL or QQQ?
ELIL has been the more volatile fund at 74.2% annualized versus 30.6% for QQQ. Worst drawdown: ELIL -55.8% vs QQQ -83.0%.
Should I hold both ELIL and QQQ?
ELIL and QQQ have a monthly-return correlation of 0.13, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between ELIL and QQQ?
ELIL and QQQ share 0 common holdings with a 0.0% weight overlap. Combined, they hold 108 unique securities.
Which pays a higher dividend, ELIL or QQQ?
ELIL yields 10.18% while QQQ yields 0.41%, so ELIL currently pays the higher dividend yield.
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