METU vs QQQ
Direxion Daily META Bull 2X ETF vs Invesco QQQ Trust, Series 1
Which is better, METU or QQQ?
Multi Alternative against Large Cap Growth.
QQQ has a lower expense ratio. QQQ led over 1Y and the full window.
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 | METU | QQQ |
|---|---|---|
| Expense Ratio | 1.02% | 0.18%Best |
| AUM | $479M | $483.5B |
| Dividend Yield | 4.44% | 0.44% |
| Holdings | 10 | 107 |
| YTD Return | -18.40% | +16.87%Best |
| 1Y Return | -42.66% | +22.98%Best |
| 3Y Return (annualized) | - | +24.98% |
| 5Y Return (annualized) | - | +14.39% |
| Volatility (annualized) | 63.6% | 17.6%Best |
| Max Drawdown | -63.9% | -22.8%Best |
| $10,000 over 2.3 years | $9,853 | $15,710Best |
| Fund Family | Direxion Shares ETF Trust | Invesco (US) |
| Category | Alternative | Equity |
| Style | Multi Alternative | Large Cap Growth |
| Inception | Jun 5, 2024 | Mar 10, 1999 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.3 years row, are measured over the window both funds cover: Jun 5, 2024 to Sep 11, 2026 (2.3 years).
METU 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 2.3 years both funds cover.
METU vs QQQ Performance
Direxion Daily META Bull 2X ETF (METU) 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 METU returned -42.66% while QQQ returned +22.98%. Year to date, METU is down 18.40% versus a gain of 16.87% for QQQ.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
METU has been the more volatile fund, with annualized monthly volatility of 63.6% compared with 17.6% 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 -63.9% for METU and -22.8% 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 0.49. They move together some of the time, and apart the rest.
Fees and Cost Over Time
METU charges 1.02% per year while QQQ charges 0.18%. On a $10,000 position that is $102 vs $18 annually, a gap of $84 per year that compounds over a long holding period. On income, METU currently yields 4.44% against 0.44% for QQQ.
Holdings Overlap
At least 2.8% of QQQ's money is in holdings METU also owns.
Stated as a floor: for METU, our book for it covers 77.2% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
QQQ and METU share little of their money.
1 positions in common, counted across the 4 positions we hold weights for in METU and 102 in QQQ, against full books of 10 and 107.
Top Shared Holdings
| Stock | Weight in METU | Weight in QQQ | Difference |
|---|---|---|---|
| METAMeta Platforms, Inc. | 16.62% | 2.78% | 13.84% |
You are not choosing between two funds in isolation.
Whichever of METU and QQQ you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, METU or QQQ?
METU has an expense ratio of 1.02% while QQQ charges 0.18%. QQQ is the cheaper option, by $84 a year on a $10,000 investment.
Which performed better, METU or QQQ?
Over the past year METU returned -42.66% vs +22.98% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (2 years), METU annualized -0.64% vs +21.70% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, METU or QQQ?
METU has been the more volatile fund at 63.6% annualized versus 17.6% for QQQ. Worst drawdown: METU -63.9% vs QQQ -22.8%.
Should I hold both METU and QQQ?
METU and QQQ have a monthly-return correlation of 0.49, 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 METU and QQQ?
At least 2.8% of QQQ's money is in holdings METU also owns. Our book for METU is partial, so the real figure is this or higher. They hold 1 positions in common, counted across the 4 positions we hold weights for in METU and 102 in QQQ.
Which pays a higher dividend, METU or QQQ?
METU yields 4.44% while QQQ yields 0.44%, so METU currently pays the higher dividend yield.
Is QQQ better than METU?
QQQ has a lower expense ratio. QQQ led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.