HIBL vs QQQ
Direxion Daily S&P 500 High Beta Bull 3X ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. HIBL delivered stronger 1-year returns.
Side-by-Side Comparison
| Metric | HIBL | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.98% | 0.18% | |
| AUM | $94M | $496.3B | |
| Dividend Yield | 1.61% | 0.44% | |
| Holdings | 108 | 108 | |
| YTD Return | +56.68% | +16.64% | |
| 1Y Return | +134.66% | +27.27% | |
| 3Y Return (annualized) | +52.30% | +25.96% | |
| 5Y Return (annualized) | +13.32% | +14.54% | |
| Volatility (annualized) | 88.7% | 30.6% | |
| Max Drawdown | -88.4% | -83.0% | |
| Fund Family | Direxion Shares ETF Trust | Invesco (US) | |
| Category | Alternative | Equity | |
| Inception | Nov 7, 2019 | Mar 10, 1999 |
HIBL vs QQQ Performance
Direxion Daily S&P 500 High Beta Bull 3X ETF (HIBL) 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 HIBL returned +134.66% while QQQ returned +27.27%. Year to date, HIBL is up 56.68% versus a gain of 16.64% for QQQ.
Over three years, HIBL compounded at +52.30% per year against +25.96% for QQQ; over five years the annualized figures are +13.32% and +14.54% respectively. Across the full 7-year window we track, HIBL has the edge at +18.31% annualized vs +13.03%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
HIBL has been the more volatile fund, with annualized monthly volatility of 88.7% 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 -88.4% for HIBL 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 0.79. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
HIBL charges 0.98% per year while QQQ charges 0.18%. On a $10,000 position that is $98 vs $18 annually, a gap of $80 per year that compounds over a long holding period. On income, HIBL currently yields 1.61% against 0.44% for QQQ.
Holdings Overlap
HIBL and QQQ share 30 holdings out of 175 unique holdings combined, representing a 17.2% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, HIBL or QQQ?
HIBL has an expense ratio of 0.98% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $80 per year of difference.
Which performed better, HIBL or QQQ?
Over the past year HIBL returned +134.66% vs +27.27% for QQQ, so HIBL leads on 1-year performance. Over the longest common window we track (7 years), HIBL annualized +18.31% vs +13.03% for QQQ. Past performance does not guarantee future results.
Which is riskier, HIBL or QQQ?
HIBL has been the more volatile fund at 88.7% annualized versus 30.6% for QQQ. Worst drawdown: HIBL -88.4% vs QQQ -83.0%.
Should I hold both HIBL and QQQ?
HIBL and QQQ have a monthly-return correlation of 0.79, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between HIBL and QQQ?
HIBL and QQQ share 30 common holdings with a 17.2% weight overlap. Combined, they hold 175 unique securities.
Which pays a higher dividend, HIBL or QQQ?
HIBL yields 1.61% while QQQ yields 0.44%, so HIBL currently pays the higher dividend yield.
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