LMBO vs QQQ
Direxion Daily Crypto Industry Bull 2X ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. LMBO delivered stronger 1-year returns. QQQ offers more diversification with 108 holdings.
Side-by-Side Comparison
| Metric | LMBO | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.98% | 0.18% | |
| AUM | $6M | $496.3B | |
| Dividend Yield | 6.09% | 0.44% | |
| Holdings | 31 | 108 | |
| YTD Return | -22.19% | +16.64% | |
| 1Y Return | +50.42% | +27.27% | |
| 3Y Return (annualized) | - | +25.96% | |
| 5Y Return (annualized) | - | +14.54% | |
| Volatility (annualized) | 73.3% | 30.6% | |
| Max Drawdown | -67.6% | -83.0% | |
| Fund Family | Direxion Shares ETF Trust | Invesco (US) | |
| Category | Alternative | Equity | |
| Inception | Jul 17, 2024 | Mar 10, 1999 |
LMBO vs QQQ Performance
Direxion Daily Crypto Industry Bull 2X ETF (LMBO) 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 LMBO returned +50.42% while QQQ returned +27.27%. Year to date, LMBO is down 22.19% versus a gain of 16.64% for QQQ.
Risk: Volatility and Drawdowns
LMBO has been the more volatile fund, with annualized monthly volatility of 73.3% 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 -67.6% for LMBO 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 0.72. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
LMBO 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, LMBO currently yields 6.09% against 0.44% for QQQ.
Holdings Overlap
Frequently Asked Questions
Which is cheaper, LMBO or QQQ?
LMBO 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, LMBO or QQQ?
Over the past year LMBO returned +50.42% vs +27.27% for QQQ, so LMBO leads on 1-year performance. Over the longest common window we track (2 years), LMBO annualized -11.97% vs +13.03% for QQQ. Past performance does not guarantee future results.
Which is riskier, LMBO or QQQ?
LMBO has been the more volatile fund at 73.3% annualized versus 30.6% for QQQ. Worst drawdown: LMBO -67.6% vs QQQ -83.0%.
Should I hold both LMBO and QQQ?
LMBO and QQQ have a monthly-return correlation of 0.72, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between LMBO and QQQ?
LMBO and QQQ share 2 common holdings with a 6.1% weight overlap. Combined, they hold 129 unique securities.
Which pays a higher dividend, LMBO or QQQ?
LMBO yields 6.09% while QQQ yields 0.44%, so LMBO 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.