QQQ vs WEBL
Invesco QQQ Trust, Series 1 vs Direxion Daily Dow Jones Internet Bull 3X ETF
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 | QQQ | WEBL | Winner |
|---|---|---|---|
| Expense Ratio | 0.18% | 0.96% | |
| AUM | $455.8B | $83M | |
| Dividend Yield | 0.41% | 0.19% | |
| Holdings | 108 | 47 | |
| YTD Return | +19.68% | +18.75% | |
| 1Y Return | +26.75% | +3.50% | |
| 3Y Return (annualized) | +26.25% | +38.89% | |
| 5Y Return (annualized) | +15.39% | -17.53% | |
| Volatility (annualized) | 30.6% | 73.2% | |
| Max Drawdown | -83.0% | -94.4% | |
| Fund Family | Invesco (US) | Direxion Shares ETF Trust | |
| Category | Equity | Alternative | |
| Inception | Mar 10, 1999 | Nov 7, 2019 |
QQQ vs WEBL Performance
Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US) and Direxion Daily Dow Jones Internet Bull 3X ETF (WEBL) is a ETF from Direxion Shares ETF Trust. Over the past year QQQ returned +26.75% while WEBL returned +3.50%. Year to date, QQQ is up 19.68% versus a gain of 18.75% for WEBL.
Over three years, QQQ compounded at +26.25% per year against +38.89% for WEBL; over five years the annualized figures are +15.39% and -17.53% respectively. Across the full 7-year window we track, QQQ has the edge at +13.15% annualized vs +4.30%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
WEBL has been the more volatile fund, with annualized monthly volatility of 73.2% 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 -83.0% for QQQ and -94.4% for WEBL. 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 0.88. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
QQQ charges 0.18% per year while WEBL charges 0.96%. On a $10,000 position that is $18 vs $96 annually, a gap of $78 per year that compounds over a long holding period. On income, QQQ currently yields 0.41% against 0.19% for WEBL.
Holdings Overlap
QQQ and WEBL share 14 holdings out of 131 unique holdings combined, representing a 19.2% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, QQQ or WEBL?
QQQ has an expense ratio of 0.18% while WEBL charges 0.96%. QQQ is the cheaper option. On a $10,000 investment, that is $78 per year of difference.
Which performed better, QQQ or WEBL?
Over the past year QQQ returned +26.75% vs +3.50% for WEBL, so QQQ leads on 1-year performance. Over the longest common window we track (7 years), QQQ annualized +13.15% vs +4.30% for WEBL. Past performance does not guarantee future results.
Which is riskier, QQQ or WEBL?
WEBL has been the more volatile fund at 73.2% annualized versus 30.6% for QQQ. Worst drawdown: QQQ -83.0% vs WEBL -94.4%.
Should I hold both QQQ and WEBL?
QQQ and WEBL have a monthly-return correlation of 0.88, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between QQQ and WEBL?
QQQ and WEBL share 14 common holdings with a 19.2% weight overlap. Combined, they hold 131 unique securities.
Which pays a higher dividend, QQQ or WEBL?
QQQ yields 0.41% while WEBL yields 0.19%, so QQQ currently pays the higher dividend yield.
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