QCMD vs QQQ
Direxion Daily QCOM Bear 1X ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. QQQ delivered stronger 1-year returns. QQQ offers more diversification with 103 holdings.
Side-by-Side Comparison
| Metric | QCMD | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 1.00% | 0.18% | |
| AUM | $2M | $455.8B | |
| Dividend Yield | 3.87% | 0.41% | |
| Holdings | 8 | 108 | |
| YTD Return | -15.73% | +18.20% | |
| 1Y Return | -31.16% | +27.63% | |
| 3Y Return (annualized) | - | +25.54% | |
| 5Y Return (annualized) | - | +15.12% | |
| Volatility (annualized) | 62.0% | 30.6% | |
| Max Drawdown | -56.0% | -83.0% | |
| Fund Family | Direxion Shares ETF Trust | Invesco (US) | |
| Category | Alternative | Equity | |
| Inception | Jun 25, 2025 | Mar 10, 1999 |
QCMD vs QQQ Performance
Direxion Daily QCOM Bear 1X ETF (QCMD) 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 QCMD returned -31.16% while QQQ returned +27.63%. Year to date, QCMD is down 15.73% versus a gain of 18.20% for QQQ.
Risk: Volatility and Drawdowns
QCMD has been the more volatile fund, with annualized monthly volatility of 62.0% 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 -56.0% for QCMD 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 -0.84. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
QCMD charges 1.00% per year while QQQ charges 0.18%. On a $10,000 position that is $100 vs $18 annually, a gap of $82 per year that compounds over a long holding period. On income, QCMD currently yields 3.87% against 0.41% for QQQ.
Holdings Overlap
QCMD and QQQ share 0 holdings out of 107 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, QCMD or QQQ?
QCMD has an expense ratio of 1.00% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $82 per year of difference.
Which performed better, QCMD or QQQ?
Over the past year QCMD returned -31.16% vs +27.63% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (1 years), QCMD annualized -23.96% vs +13.11% for QQQ. Past performance does not guarantee future results.
Which is riskier, QCMD or QQQ?
QCMD has been the more volatile fund at 62.0% annualized versus 30.6% for QQQ. Worst drawdown: QCMD -56.0% vs QQQ -83.0%.
Should I hold both QCMD and QQQ?
QCMD and QQQ have a monthly-return correlation of -0.84, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between QCMD and QQQ?
QCMD and QQQ share 0 common holdings with a 0.0% weight overlap. Combined, they hold 107 unique securities.
Which pays a higher dividend, QCMD or QQQ?
QCMD yields 3.87% while QQQ yields 0.41%, so QCMD 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.