NVDD vs QQQ
Direxion Daily NVDA Bear 1X ETF vs Invesco QQQ Trust, Series 1
Which is better, NVDD or QQQ?
Opposite sides of the same exposure.
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y and the full window. The two move opposite each other, correlation -0.64, so holding both offsets the exposure while paying both fees.
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 | NVDD | QQQ |
|---|---|---|
| Expense Ratio | 1.01% | 0.18%Best |
| AUM | $21M | $486.1B |
| Dividend Yield | 2.70% | 0.44% |
| Holdings | 9 | 107 |
| YTD Return | -22.35% | +17.54%Best |
| 1Y Return | -30.31% | +25.59%Best |
| 3Y Return (annualized) | -49.64% | +24.63%Best |
| 5Y Return (annualized) | - | +14.18% |
| Volatility (annualized) | 31.9% | 17.3%Best |
| Max Drawdown | -88.4% | -22.8%Best |
| $10,000 over 3 years | $1,277 | $19,653Best |
| Fund Family | Direxion Shares ETF Trust | Invesco (US) |
| Category | Alternative | Equity |
| Style | Multi Alternative | Large Cap Growth |
| Inception | Sep 13, 2023 | Mar 10, 1999 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 3 years row, are measured over the window both funds cover: Sep 13, 2023 to Sep 4, 2026 (3 years).
NVDD 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 3 years both funds cover.
NVDD vs QQQ Performance
Direxion Daily NVDA Bear 1X ETF (NVDD) 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 NVDD returned -30.31% while QQQ returned +25.59%. Year to date, NVDD is down 22.35% versus a gain of 17.54% for QQQ.
Over three years, NVDD compounded at -49.64% per year against +24.63% for QQQ.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
NVDD has been the more volatile fund, with annualized monthly volatility of 31.9% compared with 17.3% 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 NVDD 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 -0.64. They move opposite each other. Holding both offsets the exposure rather than spreading it, while paying both funds' fees.
Fees and Cost Over Time
NVDD charges 1.01% per year while QQQ charges 0.18%. On a $10,000 position that is $101 vs $18 annually, a gap of $83 per year that compounds over a long holding period. On income, NVDD currently yields 2.70% against 0.44% for QQQ.
Holdings Overlap
We hold position weights for 3 holdings in NVDD and 102 in QQQ, totalling 91.1% and 99.9% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 3 positions we hold weights for in NVDD and 102 in QQQ, against full books of 9 and 107.
You are not choosing between two funds in isolation.
Whichever of NVDD 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, NVDD or QQQ?
NVDD has an expense ratio of 1.01% while QQQ charges 0.18%. QQQ is the cheaper option, by $83 a year on a $10,000 investment.
Which performed better, NVDD or QQQ?
Over the past year NVDD returned -30.31% vs +25.59% for QQQ, so QQQ leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, NVDD or QQQ?
NVDD has been the more volatile fund at 31.9% annualized versus 17.3% for QQQ. Worst drawdown: NVDD -88.4% vs QQQ -22.8%.
Should I hold both NVDD and QQQ?
NVDD and QQQ have a monthly-return correlation of -0.64, so they move opposite each other. Holding both offsets the exposure rather than spreading it, and pays both funds' fees on the way. This is information, not a recommendation.
Which pays a higher dividend, NVDD or QQQ?
NVDD yields 2.70% while QQQ yields 0.44%, so NVDD currently pays the higher dividend yield.
Is QQQ better than NVDD?
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y and the full window. The two move opposite each other, correlation -0.64, so holding both offsets the exposure while paying both fees. Which one suits a particular account depends on what it is for. This is information, not a recommendation.