ORCS vs QQQ
Direxion Daily ORCL Bear 1X ETF vs Invesco QQQ Trust, Series 1
Which is better, ORCS or QQQ?
Trading-Leveraged Equity against Large Cap Growth.
QQQ has a lower expense ratio. ORCS led 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 | ORCS | QQQ |
|---|---|---|
| Expense Ratio | 0.97% | 0.18%Best |
| AUM | $8M | $437.3B |
| Dividend Yield | 1.97% | 0.43% |
| Holdings | 16 | 208 |
| YTD Return | +28.55%Best | +7.37% |
| 1Y Return | +43.85%Best | +7.77% |
| 3Y Return (annualized) | - | +21.44% |
| 5Y Return (annualized) | - | +11.19% |
| Volatility (annualized) | 66.5% | 23.9%Best |
| Fund Family | Direxion Shares ETF Trust | Invesco (US) |
| Category | Alternative | Equity |
| Style | Trading-Leveraged Equity | Large Cap Growth |
| Inception | Nov 19, 2025 | Mar 10, 1999 |
Not shown on this pair: Max Drawdown, $10,000 over the window, Top 10 Weight.
ORCS 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 is available from the range buttons; it is not the opening view here because over the whole period one of these two funds moves so much further than the other that its line would sit flat on the axis.
ORCS vs QQQ Performance
Direxion Daily ORCL Bear 1X ETF (ORCS) 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 ORCS returned +43.85% while QQQ returned +7.77%. Year to date, ORCS is up 28.55% versus a gain of 7.37% for QQQ.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
ORCS has been the more volatile fund, with annualized monthly volatility of 66.5% compared with 23.9% for QQQ. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The two funds' monthly returns correlate at -0.48. They move together some of the time, and apart the rest.
Fees and Cost Over Time
ORCS charges 0.97% per year while QQQ charges 0.18%. On a $10,000 position that is $97 vs $18 annually, a gap of $79 per year that compounds over a long holding period. On income, ORCS currently yields 1.97% against 0.43% for QQQ.
Holdings Overlap
We hold position weights for 1 holding in ORCS and 101 in QQQ, totalling 17.1% and 99.7% 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 1 positions we hold weights for in ORCS and 101 in QQQ, against full books of 16 and 208.
You are not choosing between two funds in isolation.
Whichever of ORCS 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, ORCS or QQQ?
ORCS has an expense ratio of 0.97% while QQQ charges 0.18%. QQQ is the cheaper option, by $79 a year on a $10,000 investment.
Which performed better, ORCS or QQQ?
Over the past year ORCS returned +43.85% vs +7.77% for QQQ, so ORCS leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, ORCS or QQQ?
ORCS has been the more volatile fund at 66.5% annualized versus 23.9% for QQQ.
Should I hold both ORCS and QQQ?
ORCS and QQQ have a monthly-return correlation of -0.48, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, ORCS or QQQ?
ORCS yields 1.97% while QQQ yields 0.43%, so ORCS currently pays the higher dividend yield.
Is QQQ better than ORCS?
QQQ has a lower expense ratio. ORCS led over 1Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.