HIBL vs QQQ
Direxion Daily S&P 500 High Beta Bull 3X ETF vs Invesco QQQ Trust, Series 1
Which is better, HIBL or QQQ?
Trading-Leveraged Equity against Large Cap Growth.
QQQ has a lower expense ratio. HIBL led over 1Y and 3Y, QQQ over 5Y and the full window. HIBL is less concentrated, with 46.2% of the fund in its ten largest positions against 46.5%.
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 | HIBL | QQQ |
|---|---|---|
| Expense Ratio | 0.98% | 0.18%Best |
| AUM | $74M | $483.5B |
| Dividend Yield | 1.45% | 0.44% |
| Holdings | 108 | 107 |
| YTD Return | +34.62%Best | +15.18% |
| 1Y Return | +67.35%Best | +19.65% |
| 3Y Return (annualized) | +45.42%Best | +24.60% |
| 5Y Return (annualized) | +8.36% | +13.94%Best |
| Volatility (annualized) | 88.2% | 20.9%Best |
| Max Drawdown | -88.4% | -35.1%Best |
| $10,000 over 5 years | $14,940 | $19,204Best |
| Top 10 Weight | 46.2%Best | 46.5% |
| Fund Family | Direxion Shares ETF Trust | Invesco (US) |
| Category | Alternative | Equity |
| Style | Trading-Leveraged Equity | Large Cap Growth |
| Inception | Nov 7, 2019 | Mar 10, 1999 |
Volatility and max drawdown are measured over the window both funds cover: Nov 7, 2019 to Sep 15, 2026 (6.9 years).
HIBL 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 6.9 years both funds cover.
HIBL vs QQQ Performance
Direxion Daily S&P 500 High Beta Bull 3X ETF (HIBL) 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 HIBL returned +67.35% while QQQ returned +19.65%. Year to date, HIBL is up 34.62% versus a gain of 15.18% for QQQ.
Over three years, HIBL compounded at +45.42% per year against +24.60% for QQQ; over five years the annualized figures are +8.36% and +13.94% respectively. Across the full 7-year window we track, QQQ has the edge at +20.69% annualized vs +15.53%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
HIBL has been the more volatile fund, with annualized monthly volatility of 88.2% compared with 20.9% 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 -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 0.79. 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 1.45% against 0.44% for QQQ.
Holdings Overlap
22.1% of HIBL's money is in holdings QQQ also owns. 50.6% of QQQ's money is in holdings HIBL also owns.
The two portfolios partly overlap.
30 positions in common, counted across the 102 positions we hold weights for in HIBL and 102 in QQQ, against full books of 108 and 107.
What only one of them owns
Our book lists 66 positions for QQQ that do not appear in our book for HIBL (47.0% of the fund), and 67 for HIBL that do not appear in QQQ (74.5%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in HIBL | Weight in QQQ | Difference |
|---|---|---|---|
| NVDANvidia Corp | 0.63% | 8.44% | 7.81% |
| MUMicron Technology, Inc. | 1.18% | 4.43% | 3.25% |
| AMZNAmazon.Com Inc | 0.49% | 4.67% | 4.18% |
| AMDAdvanced Micro Devices Inc | 1.02% | 3.45% | 2.43% |
| AVGOBroadcom Inc | 0.65% | 3.16% | 2.51% |
| GOOGAlphabet Inc | 0.45% | 3.13% | 2.68% |
| TSLATesla Inc | 0.82% | 2.56% | 1.74% |
| METAMeta Platforms Inc | 0.48% | 2.78% | 2.30% |
| INTCIntel Corporation | 0.84% | 2.23% | 1.39% |
| LRCXLam Research Corp | 0.97% | 1.69% | 0.72% |
50.6% of QQQ is already inside HIBL.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
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, by $80 a year on a $10,000 investment.
Which performed better, HIBL or QQQ?
Over the past year HIBL returned +67.35% vs +19.65% for QQQ, so HIBL leads on 1-year performance. Over the longest common window we track (7 years), HIBL annualized +15.53% vs +20.69% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, HIBL or QQQ?
HIBL has been the more volatile fund at 88.2% annualized versus 20.9% for QQQ. Worst drawdown: HIBL -88.4% vs QQQ -35.1%.
Should I hold both HIBL and QQQ?
HIBL and QQQ have a monthly-return correlation of 0.79, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between HIBL and QQQ?
50.6% of QQQ's money is in holdings HIBL also owns. 50.6% of QQQ's is in holdings HIBL also owns. They hold 30 positions in common, counted across the 102 positions we hold weights for in HIBL and 102 in QQQ.
Which pays a higher dividend, HIBL or QQQ?
HIBL yields 1.45% while QQQ yields 0.44%, so HIBL currently pays the higher dividend yield.
Is QQQ better than HIBL?
QQQ has a lower expense ratio. HIBL led over 1Y and 3Y, QQQ over 5Y and the full window. HIBL is less concentrated, with 46.2% of the fund in its ten largest positions against 46.5%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.