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BRKD vs. QQQE
Performance
Return for Risk
Drawdowns
Volatility
Dividends

BRKD vs. QQQE

Last updated Apr 18, 2026

BRKD (Direxion Daily BRKB Bear 1X Shares) and QQQE (Direxion NASDAQ-100 Equal Weighted Index Shares) are both exchange-traded funds — BRKD is a Inverse Equities fund tracking the Berkshire Hathaway Inc. Class B (-100%), while QQQE is a Nasdaq-100 fund tracking the NASDAQ-100 Equal Weighted Index. Both are passively managed. Over the past year, BRKD returned 12.58% vs 30.17% for QQQE. At -0.28, they often move in opposite directions. BRKD charges 1.00%/yr vs 0.35%/yr for QQQE.

Performance

BRKD vs. QQQE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Direxion Daily BRKB Bear 1X Shares (BRKD) and Direxion NASDAQ-100 Equal Weighted Index Shares (QQQE). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, BRKD achieves a 5.90% return, which is significantly higher than QQQE's 4.42% return.

BRKD

1D
0.00%
1M
1.36%
YTD
5.90%
6M
4.75%
1Y
12.58%
3Y*
—
5Y*
—
10Y*
—

QQQE

1D
1.26%
1M
6.46%
YTD
4.42%
6M
5.07%
1Y
30.17%
3Y*
14.96%
5Y*
7.22%
10Y*
14.18%
*Multi-year figures are annualized to reflect compound growth (CAGR)

BRKD vs. QQQE - Yearly Performance Comparison

2026 (YTD)20252024
BRKD
Direxion Daily BRKB Bear 1X Shares		5.90%-6.69%2.19%
QQQE
Direxion NASDAQ-100 Equal Weighted Index Shares		4.42%14.58%-5.48%

Correlation

The correlation between BRKD and QQQE is -0.21, meaning they tend to move in opposite directions. This is especially valuable for risk management — when one declines, the other has historically tended to hold steady or rise.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

-0.21

Correlation (All Time)
Calculated using the full available price history since Dec 12, 2024

-0.28

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Direxion Daily BRKB Bear 1X Shares

Direxion NASDAQ-100 Equal Weighted Index Shares

Often compared with BRKD:
BRKD vs. DOGBRKD vs. PLTDBRKD vs. SHBRKD vs. SMSTBRKD vs. EMTYBRKD vs. HDGEBRKD vs. MSFD
Often compared with QQQE:
QQQE vs. QQQQQQE vs. QQQMQQQE vs. QQEWQQQE vs. TQQQQQQE vs. SPYGQQQE vs. VOOQQQE vs. SPY

Return for Risk

BRKD vs. QQQE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
BRKD
BRKD Risk / Return Rank: 1818
Overall Rank
BRKD Sharpe Ratio Rank: 1616
Sharpe Ratio Rank
BRKD Sortino Ratio Rank: 1717
Sortino Ratio Rank
BRKD Omega Ratio Rank: 1616
Omega Ratio Rank
BRKD Calmar Ratio Rank: 2323
Calmar Ratio Rank
BRKD Martin Ratio Rank: 1717
Martin Ratio Rank
QQQE
QQQE Risk / Return Rank: 4747
Overall Rank
QQQE Sharpe Ratio Rank: 4747
Sharpe Ratio Rank
QQQE Sortino Ratio Rank: 4747
Sortino Ratio Rank
QQQE Omega Ratio Rank: 4646
Omega Ratio Rank
QQQE Calmar Ratio Rank: 4949
Calmar Ratio Rank
QQQE Martin Ratio Rank: 4747
Martin Ratio Rank
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.

BRKD vs. QQQE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily BRKB Bear 1X Shares (BRKD) and Direxion NASDAQ-100 Equal Weighted Index Shares (QQQE). 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.

BRKDQQQEDifference

Sharpe ratio

Return per unit of total volatility

0.81

2.02

-1.21

Sortino ratio

Return per unit of downside risk

1.36

2.85

-1.49

Omega ratio

Gain probability vs. loss probability

1.16

1.36

-0.20

Calmar ratio

Return relative to maximum drawdown

1.61

2.98

-1.37

Martin ratio

Return relative to average drawdown

3.12

10.24

-7.12

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BRKD vs. QQQE - Sharpe Ratio Comparison

The current BRKD Sharpe Ratio is 0.81, which is lower than the QQQE Sharpe Ratio of 2.02. The chart below compares the historical Sharpe Ratios of BRKD and QQQE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

BRKDQQQEDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.81

2.02

-1.21

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

—

0.36

—

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

—

0.69

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.04

0.72

-0.67

Drawdowns

BRKD vs. QQQE - Drawdown Comparison

The maximum BRKD drawdown since its inception was -17.92%, smaller than the maximum QQQE drawdown of -32.14%. Use the drawdown chart below to compare losses from any high point for BRKD and QQQE.

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Drawdown Indicators

BRKDQQQEDifference

Max Drawdown

Largest peak-to-trough decline

-17.92%

-32.14%

+14.22%

Max Drawdown (1Y)

Largest decline over 1 year

-9.34%

-9.41%

+0.07%

Max Drawdown (5Y)

Largest decline over 5 years

—

-32.14%

—

Max Drawdown (10Y)

Largest decline over 10 years

—

-32.14%

—

Current Drawdown

Current decline from peak

-3.69%

0.00%

-3.69%

Average Drawdown

Average peak-to-trough decline

-8.13%

-5.21%

-2.92%

Ulcer Index

Depth and duration of drawdowns from previous peaks

4.81%

2.74%

+2.07%

Volatility

BRKD vs. QQQE - Volatility Comparison

The current volatility for Direxion Daily BRKB Bear 1X Shares (BRKD) is 3.19%, while Direxion NASDAQ-100 Equal Weighted Index Shares (QQQE) has a volatility of 5.44%. This indicates that BRKD experiences smaller price fluctuations and is considered to be less risky than QQQE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

BRKDQQQEDifference

Volatility (1M)

Calculated over the trailing 1-month period

3.19%

5.44%

-2.25%

Volatility (6M)

Calculated over the trailing 6-month period

10.57%

10.94%

-0.37%

Volatility (1Y)

Calculated over the trailing 1-year period

15.60%

15.05%

+0.55%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

18.06%

20.34%

-2.28%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

18.06%

20.71%

-2.65%

BRKD vs. QQQE - Expense Ratio Comparison

BRKD has a 1.00% expense ratio, which is higher than QQQE's 0.35% expense ratio.

Dividends

BRKD vs. QQQE - Dividend Comparison

BRKD's dividend yield for the trailing twelve months is around 2.82%, more than QQQE's 0.59% yield.

TTM20252024202320222021202020192018201720162015
BRKD
Direxion Daily BRKB Bear 1X Shares		2.82%3.50%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
QQQE
Direxion NASDAQ-100 Equal Weighted Index Shares		0.59%0.52%0.86%0.79%0.98%3.83%0.54%0.74%0.80%0.65%1.17%0.57%