NVDU vs QQQ
Direxion Daily NVDA Bull 2X ETF vs Invesco QQQ Trust, Series 1
Which is better, NVDU or QQQ?
Trading-Leveraged Equity against Large Cap Growth.
QQQ has a lower expense ratio. NVDU led over 3Y and the full window, QQQ over 1Y.
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 | NVDU | QQQ |
|---|---|---|
| Expense Ratio | 0.92% | 0.18%Best |
| AUM | $516M | $483.5B |
| Dividend Yield | 4.45% | 0.44% |
| Holdings | 11 | 107 |
| YTD Return | +12.92% | +16.87%Best |
| 1Y Return | +18.41% | +22.98%Best |
| 3Y Return (annualized) | +87.52%Best | +24.98% |
| 5Y Return (annualized) | - | +14.39% |
| Volatility (annualized) | 73.1% | 17.3%Best |
| Max Drawdown | -67.3% | -22.8%Best |
| $10,000 over 3 years | $65,939Best | $19,456 |
| Fund Family | Direxion Shares ETF Trust | Invesco (US) |
| Category | Alternative | Equity |
| Style | Trading-Leveraged Equity | 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 11, 2026 (3 years).
NVDU 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.
NVDU vs QQQ Performance
Direxion Daily NVDA Bull 2X ETF (NVDU) 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 NVDU returned +18.41% while QQQ returned +22.98%. Year to date, NVDU is up 12.92% versus a gain of 16.87% for QQQ.
Over three years, NVDU compounded at +87.52% per year against +24.98% for QQQ.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
NVDU has been the more volatile fund, with annualized monthly volatility of 73.1% 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 -67.3% for NVDU 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 0.65. They move together some of the time, and apart the rest.
Fees and Cost Over Time
NVDU charges 0.92% per year while QQQ charges 0.18%. On a $10,000 position that is $92 vs $18 annually, a gap of $74 per year that compounds over a long holding period. On income, NVDU currently yields 4.45% against 0.44% for QQQ.
Holdings Overlap
At least 8.4% of QQQ's money is in holdings NVDU also owns.
Stated as a floor: for NVDU, our book for it covers 89.7% 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 NVDU share little of their money.
1 positions in common, counted across the 4 positions we hold weights for in NVDU and 102 in QQQ, against full books of 11 and 107.
Top Shared Holdings
| Stock | Weight in NVDU | Weight in QQQ | Difference |
|---|---|---|---|
| NVDANvidia Corp. | 12.34% | 8.44% | 3.90% |
You are not choosing between two funds in isolation.
Whichever of NVDU 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, NVDU or QQQ?
NVDU has an expense ratio of 0.92% while QQQ charges 0.18%. QQQ is the cheaper option, by $74 a year on a $10,000 investment.
Which performed better, NVDU or QQQ?
Over the past year NVDU returned +18.41% vs +22.98% 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, NVDU or QQQ?
NVDU has been the more volatile fund at 73.1% annualized versus 17.3% for QQQ. Worst drawdown: NVDU -67.3% vs QQQ -22.8%.
Should I hold both NVDU and QQQ?
NVDU and QQQ have a monthly-return correlation of 0.65, 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 NVDU and QQQ?
At least 8.4% of QQQ's money is in holdings NVDU also owns. Our book for NVDU 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 NVDU and 102 in QQQ.
Which pays a higher dividend, NVDU or QQQ?
NVDU yields 4.45% while QQQ yields 0.44%, so NVDU currently pays the higher dividend yield.
Is QQQ better than NVDU?
QQQ has a lower expense ratio. NVDU led over 3Y and the full window, QQQ over 1Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.