AMZU vs. XDSQ

Last updated Jun 4, 2026

AMZU (Direxion Daily AMZN Bull 2X Shares) and XDSQ (Innovator US Equity Accelerated ETF) are both Leveraged Equities funds. AMZU is passively managed, while XDSQ is actively managed. Over the past 3 years, AMZU returned 25.11%/yr vs 15.02%/yr for XDSQ. A 0.62 correlation means they provide meaningful diversification when combined. AMZU charges 1.06%/yr vs 0.79%/yr for XDSQ.

Performance

AMZU vs. XDSQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Direxion Daily AMZN Bull 2X Shares (AMZU) and Innovator US Equity Accelerated ETF (XDSQ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AMZU achieves a 8.04% return, which is significantly higher than XDSQ's 2.80% return.

AMZU

• 1D: -5.04%
• 1M: -16.62%
• YTD: 8.04%
• 6M: 5.52%
• 1Y: 21.37%
• 3Y*: 25.11%
• 5Y*: —
• 10Y*: —

XDSQ

• 1D: 0.01%
• 1M: 1.59%
• YTD: 2.80%
• 6M: 3.86%
• 1Y: 15.98%
• 3Y*: 15.02%
• 5Y*: 9.80%
• 10Y*: —

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

AMZU vs. XDSQ - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
AMZU Direxion Daily AMZN Bull 2X Shares	8.04%	-11.59%	60.99%	118.70%	-50.17%
XDSQ Innovator US Equity Accelerated ETF	2.80%	14.22%	23.12%	23.00%	-1.27%

Correlation

The correlation between AMZU and XDSQ is 0.56, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.56
Correlation (3Y) Calculated over the trailing 3-year period	0.61
Correlation (All Time) Calculated using the full available price history since Sep 8, 2022	0.62

The correlation between AMZU and XDSQ has been stable across timeframes, ranging from 0.56 to 0.62 - a consistent structural relationship.

AMZU vs. XDSQ - Sectors Allocation Comparison

Sectors	AMZU	XDSQ
Consumer Cyclical	100.0%	10.2%
Basic Materials	-	1.8%
Communication Services	-	11.3%
Consumer Defensive	-	4.9%
Energy	-	3.5%
Financial Services	-	11.6%
Healthcare	-	8.5%
Industrials	-	8.3%
Real Estate	-	1.9%
Technology	-	35.7%
Utilities	-	2.4%

Return for Risk

AMZU vs. XDSQ — Risk / Return Rank

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

AMZU

AMZU Risk / Return Rank: 15
AMZU Sharpe Ratio Rank: 14
AMZU Sortino Ratio Rank: 17
AMZU Omega Ratio Rank: 17
AMZU Calmar Ratio Rank: 15
AMZU Martin Ratio Rank: 14

XDSQ

XDSQ Risk / Return Rank: 43
XDSQ Sharpe Ratio Rank: 43
XDSQ Sortino Ratio Rank: 41
XDSQ Omega Ratio Rank: 50
XDSQ Calmar Ratio Rank: 34
XDSQ Martin Ratio Rank: 47

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.

AMZU vs. XDSQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily AMZN Bull 2X Shares (AMZU) and Innovator US Equity Accelerated ETF (XDSQ). 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.

	AMZU	XDSQ	Difference
Sharpe ratio: Return per unit of total volatility	0.36	1.52	-1.16
Sortino ratio: Return per unit of downside risk	0.91	2.09	-1.18
Omega ratio: Gain probability vs. loss probability	1.11	1.32	-0.20
Calmar ratio: Return relative to maximum drawdown	0.50	1.67	-1.17
Martin ratio: Return relative to average drawdown	1.13	7.97	-6.84
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

AMZU vs. XDSQ - Sharpe Ratio Comparison

The current AMZU Sharpe Ratio is 0.36, which is lower than the XDSQ Sharpe Ratio of 1.52. The chart below compares the historical Sharpe Ratios of AMZU and XDSQ, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	AMZU	XDSQ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.36	1.52	-1.16
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.65	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.25	0.69	-0.44

Drawdowns

AMZU vs. XDSQ - Drawdown Comparison

The maximum AMZU drawdown since its inception was -55.59%, which is greater than XDSQ's maximum drawdown of -26.06%. Use the drawdown chart below to compare losses from any high point for AMZU and XDSQ.

Drawdown Indicators

	AMZU	XDSQ	Difference
Max Drawdown Largest peak-to-trough decline	-55.59%	-26.06%	-29.53%
Max Drawdown (1Y) Largest decline over 1 year	-42.98%	-9.60%	-33.38%
Max Drawdown (3Y) Largest decline over 3 years	-55.47%	-19.15%	-36.32%
Max Drawdown (5Y) Largest decline over 5 years	—	-26.06%	—
Current Drawdown Current decline from peak	-20.42%	0.00%	-20.42%
Average Drawdown Average peak-to-trough decline	-21.91%	-4.96%	-16.95%
Ulcer Index Depth and duration of drawdowns from previous peaks	18.91%	2.01%	+16.90%

Volatility

AMZU vs. XDSQ - Volatility Comparison

Direxion Daily AMZN Bull 2X Shares (AMZU) has a higher volatility of 14.41% compared to Innovator US Equity Accelerated ETF (XDSQ) at 0.57%. This indicates that AMZU's price experiences larger fluctuations and is considered to be riskier than XDSQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AMZU	XDSQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	14.41%	0.57%	+13.84%
Volatility (6M) Calculated over the trailing 6-month period	40.64%	8.40%	+32.24%
Volatility (1Y) Calculated over the trailing 1-year period	59.79%	10.56%	+49.23%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	59.16%	15.27%	+43.89%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	59.16%	15.10%	+44.06%

AMZU vs. XDSQ - Expense Ratio Comparison

AMZU has a 1.06% expense ratio, which is higher than XDSQ's 0.79% expense ratio.

Dividends

AMZU vs. XDSQ - Dividend Comparison

AMZU's dividend yield for the trailing twelve months is around 5.62%, while XDSQ has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022
AMZU Direxion Daily AMZN Bull 2X Shares	5.62%	6.12%	3.79%	3.37%	0.50%
XDSQ Innovator US Equity Accelerated ETF	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both AMZU and XDSQ in my portfolio?

AMZU and XDSQ have a correlation of 0.56, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, AMZU or XDSQ?

AMZU has higher volatility (14.41%) compared to XDSQ (0.57%). In terms of maximum drawdown, AMZU dropped -55.59% vs XDSQ's -26.06%.

Which ETF is better, AMZU or XDSQ?

On 3-year performance, AMZU leads with 25.11% vs 15.02% for XDSQ. On fees, XDSQ is cheaper at 0.79% per year. On volatility, XDSQ has been the lower-risk option at 0.57%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, AMZU or XDSQ?

Over the 3-year period, AMZU has performed better with a 25.11% return vs 15.02%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, AMZU or XDSQ?

XDSQ is cheaper with a 0.79% expense ratio, compared with 1.06% for AMZU.

Which ETF pays a higher dividend yield, AMZU or XDSQ?

AMZU has the higher dividend yield at 5.62%, compared with 0.00% for XDSQ.

What is the main difference between AMZU and XDSQ?

They also come from different issuers: Direxion and Innovator. Their fees differ too: 1.06% for AMZU and 0.79% for XDSQ.

Which has better risk-adjusted returns?

XDSQ currently has the higher Sharpe Ratio (1.52 vs 0.36), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.