QCMD vs QQQ
Direxion Daily QCOM Bear 1X ETF vs Invesco QQQ Trust, Series 1
Which is better, QCMD or QQQ?
Opposite sides of the same exposure.
QQQ has a lower expense ratio. QQQ led over 1Y and the full window. The two move opposite each other, correlation -0.83, 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 | QCMD | QQQ |
|---|---|---|
| Expense Ratio | 1.00% | 0.18%Best |
| AUM | $3M | $483.5B |
| Dividend Yield | 3.64% | 0.44% |
| Holdings | 8 | 107 |
| YTD Return | -21.38% | +17.95%Best |
| 1Y Return | -25.64% | +21.77%Best |
| 3Y Return (annualized) | - | +25.63% |
| 5Y Return (annualized) | - | +15.24% |
| Volatility (annualized) | 60.1% | 19.7%Best |
| Max Drawdown | -56.0% | -12.0%Best |
| $10,000 over 1.2 years | $6,938 | $13,294Best |
| Fund Family | Direxion Shares ETF Trust | Invesco (US) |
| Category | Alternative | Equity |
| Style | Trading-Inverse Equity | Large Cap Growth |
| Inception | Jun 25, 2025 | Mar 10, 1999 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 1.2 years row, are measured over the window both funds cover: Jun 25, 2025 to Sep 18, 2026 (1.2 years).
QCMD 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 1.2 years both funds cover.
QCMD vs QQQ Performance
Direxion Daily QCOM Bear 1X ETF (QCMD) 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 QCMD returned -25.64% while QQQ returned +21.77%. Year to date, QCMD is down 21.38% versus a gain of 17.95% for QQQ.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QCMD has been the more volatile fund, with annualized monthly volatility of 60.1% compared with 19.7% 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 -12.0% 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 -0.83. They move opposite each other. Holding both offsets the exposure rather than spreading it, while paying both funds' fees.
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 3.64% against 0.44% for QQQ.
Holdings Overlap
We hold position weights for 3 holdings in QCMD and 102 in QQQ, totalling 85.6% 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 QCMD and 102 in QQQ, against full books of 8 and 107.
You are not choosing between two funds in isolation.
Whichever of QCMD 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, QCMD or QQQ?
QCMD has an expense ratio of 1.00% while QQQ charges 0.18%. QQQ is the cheaper option, by $82 a year on a $10,000 investment.
Which performed better, QCMD or QQQ?
Over the past year QCMD returned -25.64% vs +21.77% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (1 years), QCMD annualized -26.26% vs +26.78% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QCMD or QQQ?
QCMD has been the more volatile fund at 60.1% annualized versus 19.7% for QQQ. Worst drawdown: QCMD -56.0% vs QQQ -12.0%.
Should I hold both QCMD and QQQ?
QCMD and QQQ have a monthly-return correlation of -0.83, 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, QCMD or QQQ?
QCMD yields 3.64% while QQQ yields 0.44%, so QCMD currently pays the higher dividend yield.
Is QQQ better than QCMD?
QQQ has a lower expense ratio. QQQ led over 1Y and the full window. The two move opposite each other, correlation -0.83, 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.