ELIS vs QQQ

ELIS vs QQQ

Which is better, ELIS or QQQ?

Trading-Leveraged Equity against Large Cap Growth.

QQQ has a lower expense ratio.

Lower Fees: QQQ

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

MetricELISQQQ
Expense Ratio1.01%0.18%Best
AUM$2M$483.5B
Dividend Yield0.00%0.44%
Holdings5107
YTD Price Return-+16.60%
1Y Price Return-+22.39%
3Y Price Return (annualized)-+24.26%
5Y Price Return (annualized)-+13.71%
Volatility (annualized)-30.6%
Max Drawdown--83.0%
Fund FamilyDirexion Shares ETF TrustInvesco (US)
CategoryAlternativeEquity
StyleTrading-Leveraged EquityLarge Cap Growth
InceptionMar 26, 2025Mar 10, 1999

Not shown on this pair: $10,000 over the window, Top 10 Weight.

Returns are price returns and exclude distributions, because our data feed carries no adjusted close for ELIS. We have no price series for ELIS, so there is nothing to compare it against. ELIS yields 0.00% and QQQ 0.44% on top.

ELIS vs QQQ Performance

Direxion Daily LLY Bear 1X ETF (ELIS) is an ETF from Direxion Shares ETF Trust and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US).

Fees and Cost Over Time

ELIS charges 1.01% per year while QQQ charges 0.18%. On a $10,000 position that is $101 vs $18 annually, a gap of $83 per year that compounds over a long holding period. On income, ELIS currently yields 0.00% against 0.44% for QQQ.

Holdings Overlap

We hold position weights for 4 holdings in ELIS and 102 in QQQ, totalling 100.5% and 99.9% of the two funds. The two books name no position in common, so there is no overlap percentage to show.

The two holdings books were reported 187 days apart, ELIS as of Jan 30, 2026 and QQQ as of Aug 5, 2026, so some of the difference between them is the time between the two reports rather than the funds.

0 positions in common, counted across the 4 positions we hold weights for in ELIS and 102 in QQQ, against full books of 5 and 107.

You are not choosing between two funds in isolation.

Whichever of ELIS and QQQ you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.

ELISQQQ

Free for up to 10 holdings. No account needed.

Frequently Asked Questions

Which is cheaper, ELIS or QQQ?

ELIS has an expense ratio of 1.01% while QQQ charges 0.18%. QQQ is the cheaper option, by $83 a year on a $10,000 investment.

Which pays a higher dividend, ELIS or QQQ?

ELIS yields 0.00% while QQQ yields 0.44%, so QQQ currently pays the higher dividend yield.

Is QQQ better than ELIS?

QQQ has a lower expense ratio. Which one suits a particular account depends on what it is for. This is information, not a recommendation.