QQQ vs YANG
Invesco QQQ Trust, Series 1 vs Direxion Daily FTSE China Bear 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 | YANG | Winner |
|---|---|---|---|
| Expense Ratio | 0.18% | 1.03% | |
| AUM | $455.8B | $92M | |
| Dividend Yield | 0.41% | 2.24% | |
| Holdings | 108 | 7 | |
| YTD Return | +17.46% | +28.06% | |
| 1Y Return | +26.02% | -1.06% | |
| 3Y Return (annualized) | +25.51% | -45.89% | |
| 5Y Return (annualized) | +15.12% | -37.20% | |
| Volatility (annualized) | 30.6% | 66.2% | |
| Max Drawdown | -83.0% | -100.0% | |
| Fund Family | Invesco (US) | Direxion Shares ETF Trust | |
| Category | Equity | Alternative | |
| Inception | Mar 10, 1999 | Dec 3, 2009 |
QQQ vs YANG Performance
Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US) and Direxion Daily FTSE China Bear 3X ETF (YANG) is a ETF from Direxion Shares ETF Trust. Over the past year QQQ returned +26.02% while YANG returned -1.06%. Year to date, QQQ is up 17.46% versus a gain of 28.06% for YANG.
Over three years, QQQ compounded at +25.51% per year against -45.89% for YANG; over five years the annualized figures are +15.12% and -37.20% respectively. Across the full 17-year window we track, QQQ has the edge at +13.08% annualized vs -38.21%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
YANG has been the more volatile fund, with annualized monthly volatility of 66.2% 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 -100.0% for YANG. 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 -0.37. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
QQQ charges 0.18% per year while YANG charges 1.03%. On a $10,000 position that is $18 vs $103 annually, a gap of $85 per year that compounds over a long holding period. On income, QQQ currently yields 0.41% against 2.24% for YANG.
Holdings Overlap
QQQ and YANG share 0 holdings out of 106 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 YANG?
QQQ has an expense ratio of 0.18% while YANG charges 1.03%. QQQ is the cheaper option. On a $10,000 investment, that is $85 per year of difference.
Which performed better, QQQ or YANG?
Over the past year QQQ returned +26.02% vs -1.06% for YANG, so QQQ leads on 1-year performance. Over the longest common window we track (17 years), QQQ annualized +13.08% vs -38.21% for YANG. Past performance does not guarantee future results.
Which is riskier, QQQ or YANG?
YANG has been the more volatile fund at 66.2% annualized versus 30.6% for QQQ. Worst drawdown: QQQ -83.0% vs YANG -100.0%.
Should I hold both QQQ and YANG?
QQQ and YANG have a monthly-return correlation of -0.37, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between QQQ and YANG?
QQQ and YANG share 0 common holdings with a 0.0% weight overlap. Combined, they hold 106 unique securities.
Which pays a higher dividend, QQQ or YANG?
QQQ yields 0.41% while YANG yields 2.24%, so YANG currently pays the higher dividend yield.
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