BRKU vs. BRKW

Last updated Jul 14, 2026

BRKU (Direxion Daily BRKB Bull 2X Shares) and BRKW (Roundhill BRKB WeeklyPay ETF) are both exchange-traded funds - BRKU is a Leveraged Equities fund actively managed by Direxion, while BRKW is a Derivative Income fund actively managed by Roundhill. Both are actively managed. Over the past year, BRKU returned -3.42% vs 1.43% for BRKW. With a 0.98 correlation, they move nearly in lockstep. BRKU charges 0.97%/yr vs 0.99%/yr for BRKW.

Performance

BRKU vs. BRKW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Direxion Daily BRKB Bull 2X Shares (BRKU) and Roundhill BRKB WeeklyPay ETF (BRKW). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BRKU achieves a -8.34% return, which is significantly lower than BRKW's -3.25% return.

BRKU

• 1D: 1.04%
• 1M: 2.35%
• 6M: -6.54%
• YTD: -8.34%
• 1Y: -3.42%
• 3Y*: —
• 5Y*: —
• 10Y*: —

BRKW

• 1D: 0.71%
• 1M: 1.73%
• 6M: -2.55%
• YTD: -3.25%
• 1Y: 1.43%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

BRKU vs. BRKW - Yearly Performance Comparison

	2026 (YTD)	2025
BRKU Direxion Daily BRKB Bull 2X Shares	-8.34%	0.99%
BRKW Roundhill BRKB WeeklyPay ETF	-3.25%	1.85%

Correlation

The correlation between BRKU and BRKW is 0.98 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.98
Correlation (All Time) Calculated using the full available price history since Jun 18, 2025	0.98

The correlation between BRKU and BRKW has been stable across timeframes, ranging from 0.98 to 0.98 - a consistent structural relationship.

Return for Risk

BRKU vs. BRKW — Risk / Return Rank

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

BRKU

BRKU Risk / Return Rank: 8
BRKU Sharpe Ratio Rank: 8
BRKU Sortino Ratio Rank: 8
BRKU Omega Ratio Rank: 8
BRKU Calmar Ratio Rank: 8
BRKU Martin Ratio Rank: 8

BRKW

BRKW Risk / Return Rank: 10
BRKW Sharpe Ratio Rank: 10
BRKW Sortino Ratio Rank: 10
BRKW Omega Ratio Rank: 10
BRKW Calmar Ratio Rank: 11
BRKW Martin Ratio Rank: 10

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.

BRKU vs. BRKW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily BRKB Bull 2X Shares (BRKU) and Roundhill BRKB WeeklyPay ETF (BRKW). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	BRKU	BRKW	Difference
Sharpe ratio: Return per unit of total volatility	-0.12	0.08	-0.21
Sortino ratio: Return per unit of downside risk	0.02	0.23	-0.21
Omega ratio: Gain probability vs. loss probability	1.00	1.03	-0.03
Calmar ratio: Return relative to maximum drawdown	-0.16	0.11	-0.27
Martin ratio: Return relative to average drawdown	-0.30	0.23	-0.53

BRKU vs. BRKW - Sharpe Ratio Comparison

The current BRKU Sharpe Ratio is -0.12, which is lower than the BRKW Sharpe Ratio of 0.08. The chart below compares the historical Sharpe Ratios of BRKU and BRKW, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

BRKU vs. BRKW - Drawdown Comparison

The maximum BRKU drawdown since its inception was -35.37%, which is greater than BRKW's maximum drawdown of -12.64%. Use the drawdown chart below to compare losses from any high point for BRKU and BRKW.

Drawdown Indicators

	BRKU	BRKW	Difference
Max Drawdown Largest peak-to-trough decline	-35.37%	-12.64%	-22.73%
Max Drawdown (1Y) Largest decline over 1 year	-22.06%	-12.64%	-9.42%
Current Drawdown Current decline from peak	-28.07%	-6.33%	-21.74%
Average Drawdown Average peak-to-trough decline	-19.46%	-5.47%	-13.99%
Ulcer Index Depth and duration of drawdowns from previous peaks	11.31%	6.27%	+5.04%

Volatility

BRKU vs. BRKW - Volatility Comparison

Direxion Daily BRKB Bull 2X Shares (BRKU) has a higher volatility of 8.44% compared to Roundhill BRKB WeeklyPay ETF (BRKW) at 5.17%. This indicates that BRKU's price experiences larger fluctuations and is considered to be riskier than BRKW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BRKU	BRKW	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.44%	5.17%	+3.27%
Volatility (6M) Calculated over the trailing 6-month period	21.28%	13.17%	+8.11%
Volatility (1Y) Calculated over the trailing 1-year period	28.04%	17.26%	+10.78%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	34.05%	17.26%	+16.79%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	34.05%	17.26%	+16.79%

BRKU vs. BRKW - Expense Ratio Comparison

BRKU has a 0.97% expense ratio, which is lower than BRKW's 0.99% expense ratio.

Dividends

BRKU vs. BRKW - Dividend Comparison

BRKU's dividend yield for the trailing twelve months is around 2.61%, less than BRKW's 25.53% yield.

Position	TTM	2025
BRKU Direxion Daily BRKB Bull 2X Shares	2.61%	2.44%
BRKW Roundhill BRKB WeeklyPay ETF	25.53%	14.45%

Frequently Asked Questions

Can I hold both BRKU and BRKW in my portfolio?

With a correlation of 0.98, BRKU and BRKW move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, BRKU or BRKW?

BRKU has higher volatility (8.44%) compared to BRKW (5.17%). In terms of maximum drawdown, BRKU dropped -35.37% vs BRKW's -12.64%.

Which ETF is better, BRKU or BRKW?

On 1-year performance, BRKW leads with 1.43% vs -3.42% for BRKU. On fees, BRKU is cheaper at 0.97% per year. On volatility, BRKW has been the lower-risk option at 5.17%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, BRKU or BRKW?

Over the 1-year period, BRKW has performed better with a 1.43% return vs -3.42%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, BRKU or BRKW?

BRKU is cheaper with a 0.97% expense ratio, compared with 0.99% for BRKW.

Which ETF pays a higher dividend yield, BRKU or BRKW?

BRKW has the higher dividend yield at 25.53%, compared with 2.61% for BRKU.

What is the main difference between BRKU and BRKW?

BRKU is categorized as Leveraged Equities, while BRKW is Derivative Income. They also come from different issuers: Direxion and Roundhill. Their fees differ too: 0.97% for BRKU and 0.99% for BRKW.

Which has better risk-adjusted returns?

BRKW currently has the higher Sharpe Ratio (0.08 vs -0.12), 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.