HIBS vs QQQ
Direxion Daily S&P 500 High Beta Bear 3X ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. QQQ delivered stronger 1-year returns. QQQ offers more diversification with 108 holdings.
Side-by-Side Comparison
| Metric | HIBS | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 1.06% | 0.18% | |
| AUM | $18M | $496.3B | |
| Dividend Yield | 7.68% | 0.44% | |
| Holdings | 8 | 108 | |
| YTD Return | -60.29% | +16.64% | |
| 1Y Return | -76.82% | +27.27% | |
| 3Y Return (annualized) | -63.33% | +25.96% | |
| 5Y Return (annualized) | -55.39% | +14.54% | |
| Volatility (annualized) | 74.6% | 30.6% | |
| Max Drawdown | -100.0% | -83.0% | |
| Fund Family | Direxion Shares ETF Trust | Invesco (US) | |
| Category | Alternative | Equity | |
| Inception | Nov 7, 2019 | Mar 10, 1999 |
HIBS vs QQQ Performance
Direxion Daily S&P 500 High Beta Bear 3X ETF (HIBS) 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 HIBS returned -76.82% while QQQ returned +27.27%. Year to date, HIBS is down 60.29% versus a gain of 16.64% for QQQ.
Over three years, HIBS compounded at -63.33% per year against +25.96% for QQQ; over five years the annualized figures are -55.39% and +14.54% respectively. Across the full 7-year window we track, QQQ has the edge at +13.03% annualized vs -68.06%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
HIBS has been the more volatile fund, with annualized monthly volatility of 74.6% 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 HIBS 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 -0.81. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
HIBS charges 1.06% per year while QQQ charges 0.18%. On a $10,000 position that is $106 vs $18 annually, a gap of $88 per year that compounds over a long holding period. On income, HIBS currently yields 7.68% against 0.44% for QQQ.
Holdings Overlap
HIBS and QQQ share 0 holdings out of 105 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, HIBS or QQQ?
HIBS has an expense ratio of 1.06% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $88 per year of difference.
Which performed better, HIBS or QQQ?
Over the past year HIBS returned -76.82% vs +27.27% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (7 years), HIBS annualized -68.06% vs +13.03% for QQQ. Past performance does not guarantee future results.
Which is riskier, HIBS or QQQ?
HIBS has been the more volatile fund at 74.6% annualized versus 30.6% for QQQ. Worst drawdown: HIBS -100.0% vs QQQ -83.0%.
Should I hold both HIBS and QQQ?
HIBS and QQQ have a monthly-return correlation of -0.81, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between HIBS and QQQ?
HIBS and QQQ share 0 common holdings with a 0.0% weight overlap. Combined, they hold 105 unique securities.
Which pays a higher dividend, HIBS or QQQ?
HIBS yields 7.68% while QQQ yields 0.44%, so HIBS currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.