QQQ vs XOMX
Invesco QQQ Trust, Series 1 vs Direxion Daily XOM Bull 2X ETF
Quick Verdict
QQQ has a lower expense ratio. XOMX delivered stronger 1-year returns. QQQ offers more diversification with 108 holdings.
Side-by-Side Comparison
| Metric | QQQ | XOMX | Winner |
|---|---|---|---|
| Expense Ratio | 0.18% | 1.07% | |
| AUM | $496.3B | $8M | |
| Dividend Yield | 0.44% | 1.70% | |
| Holdings | 108 | 9 | |
| YTD Return | +16.64% | +69.21% | |
| 1Y Return | +27.27% | +107.07% | |
| 3Y Return (annualized) | +25.96% | - | |
| 5Y Return (annualized) | +14.54% | - | |
| Volatility (annualized) | 30.6% | 51.6% | |
| Max Drawdown | -83.0% | -39.6% | |
| Fund Family | Invesco (US) | Direxion Shares ETF Trust | |
| Category | Equity | Alternative | |
| Inception | Mar 10, 1999 | Apr 23, 2025 |
QQQ vs XOMX Performance
Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US) and Direxion Daily XOM Bull 2X ETF (XOMX) is a ETF from Direxion Shares ETF Trust. Over the past year QQQ returned +27.27% while XOMX returned +107.07%. Year to date, QQQ is up 16.64% versus a gain of 69.21% for XOMX.
Risk: Volatility and Drawdowns
XOMX has been the more volatile fund, with annualized monthly volatility of 51.6% 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 -39.6% for XOMX. 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 -0.68. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
QQQ charges 0.18% per year while XOMX charges 1.07%. On a $10,000 position that is $18 vs $107 annually, a gap of $89 per year that compounds over a long holding period. On income, QQQ currently yields 0.44% against 1.70% for XOMX.
Holdings Overlap
QQQ and XOMX 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, QQQ or XOMX?
QQQ has an expense ratio of 0.18% while XOMX charges 1.07%. QQQ is the cheaper option. On a $10,000 investment, that is $89 per year of difference.
Which performed better, QQQ or XOMX?
Over the past year QQQ returned +27.27% vs +107.07% for XOMX, so XOMX leads on 1-year performance. Over the longest common window we track (1 years), QQQ annualized +13.03% vs +75.42% for XOMX. Past performance does not guarantee future results.
Which is riskier, QQQ or XOMX?
XOMX has been the more volatile fund at 51.6% annualized versus 30.6% for QQQ. Worst drawdown: QQQ -83.0% vs XOMX -39.6%.
Should I hold both QQQ and XOMX?
QQQ and XOMX have a monthly-return correlation of -0.68, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between QQQ and XOMX?
QQQ and XOMX share 0 common holdings with a 0.0% weight overlap. Combined, they hold 107 unique securities.
Which pays a higher dividend, QQQ or XOMX?
QQQ yields 0.44% while XOMX yields 1.70%, so XOMX currently pays the higher dividend yield.
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