GUSH vs QQQ
Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. GUSH delivered stronger 1-year returns. QQQ offers more diversification with 108 holdings.
Side-by-Side Comparison
| Metric | GUSH | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.94% | 0.18% | |
| AUM | $249M | $496.3B | |
| Dividend Yield | 1.18% | 0.44% | |
| Holdings | 60 | 108 | |
| YTD Return | +81.75% | +19.52% | |
| 1Y Return | +89.11% | +26.68% | |
| 3Y Return (annualized) | +4.94% | +26.64% | |
| 5Y Return (annualized) | +24.20% | +15.36% | |
| Volatility (annualized) | 102.9% | 30.6% | |
| Max Drawdown | -100.0% | -83.0% | |
| Fund Family | Direxion Shares ETF Trust | Invesco (US) | |
| Category | Alternative | Equity | |
| Inception | May 28, 2015 | Mar 10, 1999 |
GUSH vs QQQ Performance
Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X ETF (GUSH) 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 GUSH returned +89.11% while QQQ returned +26.68%. Year to date, GUSH is up 81.75% versus a gain of 19.52% for QQQ.
Over three years, GUSH compounded at +4.94% per year against +26.64% for QQQ; over five years the annualized figures are +24.20% and +15.36% respectively. Across the full 11-year window we track, QQQ has the edge at +13.14% annualized vs -41.91%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
GUSH has been the more volatile fund, with annualized monthly volatility of 102.9% 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 GUSH 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 0.34. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
GUSH charges 0.94% per year while QQQ charges 0.18%. On a $10,000 position that is $94 vs $18 annually, a gap of $76 per year that compounds over a long holding period. On income, GUSH currently yields 1.18% against 0.44% for QQQ.
Holdings Overlap
GUSH and QQQ share 1 holdings out of 155 unique holdings combined, representing a 0.2% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in GUSH | Weight in QQQ | Difference |
|---|---|---|---|
| FANG | 1.84% | 0.23% | 1.61% |
Frequently Asked Questions
Which is cheaper, GUSH or QQQ?
GUSH has an expense ratio of 0.94% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $76 per year of difference.
Which performed better, GUSH or QQQ?
Over the past year GUSH returned +89.11% vs +26.68% for QQQ, so GUSH leads on 1-year performance. Over the longest common window we track (11 years), GUSH annualized -41.91% vs +13.14% for QQQ. Past performance does not guarantee future results.
Which is riskier, GUSH or QQQ?
GUSH has been the more volatile fund at 102.9% annualized versus 30.6% for QQQ. Worst drawdown: GUSH -100.0% vs QQQ -83.0%.
Should I hold both GUSH and QQQ?
GUSH and QQQ have a monthly-return correlation of 0.34, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between GUSH and QQQ?
GUSH and QQQ share 1 common holdings with a 0.2% weight overlap. Combined, they hold 155 unique securities.
Which pays a higher dividend, GUSH or QQQ?
GUSH yields 1.18% while QQQ yields 0.44%, so GUSH currently pays the higher dividend yield.
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