QQQ vs TBXU
Invesco QQQ Trust, Series 1 vs Direxion Daily Biotech Top 5 Bull 2X ETF
Quick Verdict
QQQ has a lower expense ratio. TBXU delivered stronger 1-year returns. QQQ offers more diversification with 108 holdings.
Side-by-Side Comparison
| Metric | QQQ | TBXU | Winner |
|---|---|---|---|
| Expense Ratio | 0.18% | 0.98% | |
| AUM | $496.3B | $3M | |
| Dividend Yield | 0.44% | 1.82% | |
| Holdings | 108 | 10 | |
| YTD Return | +15.47% | +43.60% | |
| 1Y Return | +24.44% | +68.92% | |
| 3Y Return (annualized) | +25.47% | - | |
| 5Y Return (annualized) | +14.22% | - | |
| Volatility (annualized) | 30.6% | - | |
| Max Drawdown | -83.0% | -26.5% | |
| Fund Family | Invesco (US) | Direxion Shares ETF Trust | |
| Category | Equity | Alternative | |
| Inception | Mar 10, 1999 | Oct 1, 2025 |
QQQ vs TBXU Performance
Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US) and Direxion Daily Biotech Top 5 Bull 2X ETF (TBXU) is a ETF from Direxion Shares ETF Trust. Over the past year QQQ returned +24.44% while TBXU returned +68.92%. Year to date, QQQ is up 15.47% versus a gain of 43.60% for TBXU.
Risk: Volatility and Drawdowns
The deepest peak-to-trough decline in our data was -83.0% for QQQ and -26.5% for TBXU. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
Fees and Cost Over Time
QQQ charges 0.18% per year while TBXU charges 0.98%. On a $10,000 position that is $18 vs $98 annually, a gap of $80 per year that compounds over a long holding period. On income, QQQ currently yields 0.44% against 1.82% for TBXU.
Holdings Overlap
QQQ and TBXU share 4 holdings out of 105 unique holdings combined, representing a 2.6% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, QQQ or TBXU?
QQQ has an expense ratio of 0.18% while TBXU charges 0.98%. QQQ is the cheaper option. On a $10,000 investment, that is $80 per year of difference.
Which performed better, QQQ or TBXU?
Over the past year QQQ returned +24.44% vs +68.92% for TBXU, so TBXU leads on 1-year performance. Past performance does not guarantee future results.
What is the holdings overlap between QQQ and TBXU?
QQQ and TBXU share 4 common holdings with a 2.6% weight overlap. Combined, they hold 105 unique securities.
Which pays a higher dividend, QQQ or TBXU?
QQQ yields 0.44% while TBXU yields 1.82%, so TBXU 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.