BRKU vs. QLD
Compare and contrast key facts about Direxion Daily BRKB Bull 2X Shares (BRKU) and ProShares Ultra QQQ (QLD).
BRKU and QLD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BRKU is an actively managed fund by Direxion. It was launched on Dec 11, 2024. QLD is a passively managed fund by ProShares that tracks the performance of the NASDAQ-100 Index (200%). It was launched on Jun 21, 2006.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BRKU or QLD.
Correlation
The correlation between BRKU and QLD is 0.54, 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.
Performance
BRKU vs. QLD - Performance Comparison
Key characteristics
BRKU:
47.05%
QLD:
50.13%
BRKU:
-17.69%
QLD:
-83.13%
BRKU:
-4.55%
QLD:
-27.13%
Returns By Period
In the year-to-date period, BRKU achieves a 29.47% return, which is significantly higher than QLD's -19.08% return.
BRKU
29.47%
-3.08%
N/A
N/A
N/A
N/A
QLD
-19.08%
-7.84%
-15.00%
10.60%
25.98%
25.03%
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BRKU vs. QLD - Expense Ratio Comparison
BRKU has a 0.97% expense ratio, which is higher than QLD's 0.95% expense ratio.
Risk-Adjusted Performance
BRKU vs. QLD — Risk-Adjusted Performance Rank
BRKU
QLD
BRKU vs. QLD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Direxion Daily BRKB Bull 2X Shares (BRKU) and ProShares Ultra QQQ (QLD). 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.
Not enough dataDividends
BRKU vs. QLD - Dividend Comparison
BRKU's dividend yield for the trailing twelve months is around 0.28%, which matches QLD's 0.28% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BRKU Direxion Daily BRKB Bull 2X Shares | 0.28% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
QLD ProShares Ultra QQQ | 0.28% | 0.25% | 0.33% | 0.31% | 0.00% | 0.00% | 0.13% | 0.06% | 0.02% | 0.90% | 0.11% | 0.19% |
Drawdowns
BRKU vs. QLD - Drawdown Comparison
The maximum BRKU drawdown since its inception was -17.69%, smaller than the maximum QLD drawdown of -83.13%. Use the drawdown chart below to compare losses from any high point for BRKU and QLD. For additional features, visit the drawdowns tool.
Volatility
BRKU vs. QLD - Volatility Comparison
The current volatility for Direxion Daily BRKB Bull 2X Shares (BRKU) is 21.90%, while ProShares Ultra QQQ (QLD) has a volatility of 32.70%. This indicates that BRKU experiences smaller price fluctuations and is considered to be less risky than QLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.