INDL vs QQQ
Direxion Daily MSCI India Bull 2X 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 103 holdings.
Side-by-Side Comparison
| Metric | INDL | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 1.23% | 0.18% | |
| AUM | $56M | $455.8B | |
| Dividend Yield | 1.41% | 0.41% | |
| Holdings | 8 | 108 | |
| YTD Return | -20.44% | +19.68% | |
| 1Y Return | -17.32% | +26.75% | |
| 3Y Return (annualized) | +1.00% | +26.25% | |
| 5Y Return (annualized) | -2.10% | +15.39% | |
| Volatility (annualized) | 53.3% | 30.6% | |
| Max Drawdown | -95.8% | -83.0% | |
| Fund Family | Direxion Shares ETF Trust | Invesco (US) | |
| Category | Alternative | Equity | |
| Inception | Mar 11, 2010 | Mar 10, 1999 |
INDL vs QQQ Performance
Direxion Daily MSCI India Bull 2X ETF (INDL) 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 INDL returned -17.32% while QQQ returned +26.75%. Year to date, INDL is down 20.44% versus a gain of 19.68% for QQQ.
Over three years, INDL compounded at +1.00% per year against +26.25% for QQQ; over five years the annualized figures are -2.10% and +15.39% respectively. Across the full 16-year window we track, QQQ has the edge at +13.15% annualized vs -6.71%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
INDL has been the more volatile fund, with annualized monthly volatility of 53.3% 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 -95.8% for INDL 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 0.45. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
INDL charges 1.23% per year while QQQ charges 0.18%. On a $10,000 position that is $123 vs $18 annually, a gap of $105 per year that compounds over a long holding period. On income, INDL currently yields 1.41% against 0.41% for QQQ.
Holdings Overlap
INDL and QQQ share 0 holdings out of 107 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, INDL or QQQ?
INDL has an expense ratio of 1.23% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $105 per year of difference.
Which performed better, INDL or QQQ?
Over the past year INDL returned -17.32% vs +26.75% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (16 years), INDL annualized -6.71% vs +13.15% for QQQ. Past performance does not guarantee future results.
Which is riskier, INDL or QQQ?
INDL has been the more volatile fund at 53.3% annualized versus 30.6% for QQQ. Worst drawdown: INDL -95.8% vs QQQ -83.0%.
Should I hold both INDL and QQQ?
INDL and QQQ have a monthly-return correlation of 0.45, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between INDL and QQQ?
INDL and QQQ share 0 common holdings with a 0.0% weight overlap. Combined, they hold 107 unique securities.
Which pays a higher dividend, INDL or QQQ?
INDL yields 1.41% while QQQ yields 0.41%, so INDL currently pays the higher dividend yield.
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