AMZD vs. YQQQ

Last updated Apr 1, 2026

Compare and contrast key facts about Direxion Daily AMZN Bear 1X Shares (AMZD) and YieldMax Short N100 Option Income Strategy ETF (YQQQ).

AMZD and YQQQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. AMZD is a passively managed fund by Direxion that tracks the performance of the Amazon.com, Inc. (-100%). It was launched on Sep 6, 2022. YQQQ is an actively managed fund by YieldMax. It was launched on Aug 14, 2024.

Performance

AMZD vs. YQQQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Direxion Daily AMZN Bear 1X Shares (AMZD) and YieldMax Short N100 Option Income Strategy ETF (YQQQ). The values are adjusted to include any dividend payments, if applicable.

AMZD vs. YQQQ - Yearly Performance Comparison

	2026 (YTD)	2025	2024
AMZD Direxion Daily AMZN Bear 1X Shares	9.88%	-9.84%	-19.17%
YQQQ YieldMax Short N100 Option Income Strategy ETF	11.80%	-9.97%	-4.06%

Returns By Period

In the year-to-date period, AMZD achieves a 9.88% return, which is significantly lower than YQQQ's 11.80% return.

AMZD

• 1D: -3.65%
• 1M: 0.55%
• YTD: 9.88%
• 6M: 3.33%
• 1Y: -13.66%
• 3Y*: -22.80%
• 5Y*: —
• 10Y*: —

YQQQ

• 1D: -2.73%
• 1M: 6.61%
• YTD: 11.80%
• 6M: 13.19%
• 1Y: -6.57%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

AMZD vs. YQQQ - Expense Ratio Comparison

AMZD has a 1.09% expense ratio, which is higher than YQQQ's 0.99% expense ratio.

AMZD

Direxion Daily AMZN Bear 1X Shares

YQQQ

YieldMax Short N100 Option Income Strategy ETF

Return for Risk

AMZD vs. YQQQ — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AMZD

AMZD Risk / Return Rank: 6
AMZD Sharpe Ratio Rank: 5
AMZD Sortino Ratio Rank: 6
AMZD Omega Ratio Rank: 5
AMZD Calmar Ratio Rank: 6
AMZD Martin Ratio Rank: 8

YQQQ

YQQQ Risk / Return Rank: 6
YQQQ Sharpe Ratio Rank: 5
YQQQ Sortino Ratio Rank: 5
YQQQ Omega Ratio Rank: 4
YQQQ Calmar Ratio Rank: 8
YQQQ Martin Ratio Rank: 9

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AMZD vs. YQQQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily AMZN Bear 1X Shares (AMZD) and YieldMax Short N100 Option Income Strategy ETF (YQQQ). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	AMZD	YQQQ	Difference
Sharpe ratio Return per unit of total volatility	-0.39	-0.38	-0.01
Sortino ratio Return per unit of downside risk	-0.33	-0.39	+0.06
Omega ratio Gain probability vs. loss probability	0.96	0.94	+0.02
Calmar ratio Return relative to maximum drawdown	-0.35	-0.25	-0.11
Martin ratio Return relative to average drawdown	-0.51	-0.33	-0.18
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

AMZD vs. YQQQ - Sharpe Ratio Comparison

The current AMZD Sharpe Ratio is -0.39, which is comparable to the YQQQ Sharpe Ratio of -0.38. The chart below compares the historical Sharpe Ratios of AMZD and YQQQ, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	AMZD	YQQQ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.39	-0.38	-0.01
Sharpe Ratio (All Time) Calculated using the full available price history	-0.48	-0.13	-0.35

Correlation

The correlation between AMZD and YQQQ is 0.68, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

AMZD vs. YQQQ - Dividend Comparison

AMZD's dividend yield for the trailing twelve months is around 2.85%, less than YQQQ's 27.35% yield.

	TTM	2025	2024	2023	2022
AMZD Direxion Daily AMZN Bear 1X Shares	2.85%	3.61%	5.15%	6.83%	2.45%
YQQQ YieldMax Short N100 Option Income Strategy ETF	27.35%	31.71%	7.88%	0.00%	0.00%

Drawdowns

AMZD vs. YQQQ - Drawdown Comparison

The maximum AMZD drawdown since its inception was -70.44%, which is greater than YQQQ's maximum drawdown of -24.85%. Use the drawdown chart below to compare losses from any high point for AMZD and YQQQ.

Drawdown Indicators

	AMZD	YQQQ	Difference
Max Drawdown Largest peak-to-trough decline	-70.44%	-24.85%	-45.59%
Max Drawdown (1Y) Largest decline over 1 year	-35.54%	-24.85%	-10.69%
Current Drawdown Current decline from peak	-64.25%	-11.80%	-52.45%
Average Drawdown Average peak-to-trough decline	-48.04%	-13.36%	-34.68%
Ulcer Index Depth and duration of drawdowns from previous peaks	24.83%	18.66%	+6.17%

Volatility

AMZD vs. YQQQ - Volatility Comparison

Direxion Daily AMZN Bear 1X Shares (AMZD) has a higher volatility of 9.69% compared to YieldMax Short N100 Option Income Strategy ETF (YQQQ) at 5.23%. This indicates that AMZD's price experiences larger fluctuations and is considered to be riskier than YQQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AMZD	YQQQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.69%	5.23%	+4.46%
Volatility (6M) Calculated over the trailing 6-month period	23.17%	9.36%	+13.81%
Volatility (1Y) Calculated over the trailing 1-year period	35.02%	17.29%	+17.73%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	33.63%	16.38%	+17.25%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	33.63%	16.38%	+17.25%