BRKU vs. QQQ

Last updated Jun 4, 2026

BRKU (Direxion Daily BRKB Bull 2X Shares) and QQQ (Invesco QQQ ETF) are both exchange-traded funds - BRKU is a Leveraged Equities fund actively managed by Direxion, while QQQ is a Nasdaq-100 fund tracking the NASDAQ-100 Index. BRKU is actively managed, while QQQ is passively managed. Over the past year, BRKU returned -19.26% vs 41.82% for QQQ. At a 0.11 correlation, their price movements are largely independent. BRKU charges 0.97%/yr vs 0.18%/yr for QQQ.

Performance

BRKU vs. QQQ - Performance Comparison

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

Returns By Period

In the year-to-date period, BRKU achieves a -14.77% return, which is significantly lower than QQQ's 21.30% return.

BRKU

• 1D: 1.64%
• 1M: 2.08%
• YTD: -14.77%
• 6M: -16.17%
• 1Y: -19.26%
• 3Y*: —
• 5Y*: —
• 10Y*: —

QQQ

• 1D: -0.26%
• 1M: 10.60%
• YTD: 21.30%
• 6M: 19.66%
• 1Y: 41.82%
• 3Y*: 28.78%
• 5Y*: 17.97%
• 10Y*: 21.94%

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

BRKU vs. QQQ - Yearly Performance Comparison

	2026 (YTD)	2025	2024
BRKU Direxion Daily BRKB Bull 2X Shares	-14.77%	6.44%	-3.96%
QQQ Invesco QQQ ETF	21.30%	20.77%	-3.37%

Correlation

The correlation between BRKU and QQQ is -0.02, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.02
Correlation (All Time) Calculated using the full available price history since Dec 12, 2024	0.11

The correlation between BRKU and QQQ shifts across timeframes, from -0.02 (1 year) to 0.11 (all time), reflecting how their relationship changes across market environments.

Return for Risk

BRKU vs. QQQ — Risk / Return Rank

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

BRKU

BRKU Risk / Return Rank: 2
BRKU Sharpe Ratio Rank: 3
BRKU Sortino Ratio Rank: 3
BRKU Omega Ratio Rank: 3
BRKU Calmar Ratio Rank: 1
BRKU Martin Ratio Rank: 0

QQQ

QQQ Risk / Return Rank: 73
QQQ Sharpe Ratio Rank: 79
QQQ Sortino Ratio Rank: 75
QQQ Omega Ratio Rank: 74
QQQ Calmar Ratio Rank: 69
QQQ Martin Ratio Rank: 71

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. QQQ - Risk-Adjusted Trends Comparison

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

	BRKU	QQQ	Difference
Sharpe ratio Return per unit of total volatility	-0.70	2.64	-3.33
Sortino ratio Return per unit of downside risk	-0.84	3.45	-4.29
Omega ratio Gain probability vs. loss probability	0.90	1.45	-0.55
Calmar ratio Return relative to maximum drawdown	-0.88	3.51	-4.39
Martin ratio Return relative to average drawdown	-1.77	13.49	-15.27
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BRKU vs. QQQ - Sharpe Ratio Comparison

The current BRKU Sharpe Ratio is -0.70, which is lower than the QQQ Sharpe Ratio of 2.64. The chart below compares the historical Sharpe Ratios of BRKU and QQQ, 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

	BRKU	QQQ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.70	2.64	-3.33
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.81	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.99	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.26	0.41	-0.67

Drawdowns

BRKU vs. QQQ - Drawdown Comparison

The maximum BRKU drawdown since its inception was -35.37%, smaller than the maximum QQQ drawdown of -82.97%. Use the drawdown chart below to compare losses from any high point for BRKU and QQQ.

Drawdown Indicators

	BRKU	QQQ	Difference
Max Drawdown Largest peak-to-trough decline	-35.37%	-82.97%	+47.60%
Max Drawdown (1Y) Largest decline over 1 year	-22.06%	-11.96%	-10.10%
Max Drawdown (3Y) Largest decline over 3 years	—	-22.77%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-35.12%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-35.12%	—
Current Drawdown Current decline from peak	-33.11%	-0.26%	-32.85%
Average Drawdown Average peak-to-trough decline	-18.87%	-32.79%	+13.92%
Ulcer Index Depth and duration of drawdowns from previous peaks	11.14%	3.11%	+8.03%

Volatility

BRKU vs. QQQ - Volatility Comparison

Direxion Daily BRKB Bull 2X Shares (BRKU) has a higher volatility of 7.19% compared to Invesco QQQ ETF (QQQ) at 4.49%. This indicates that BRKU's price experiences larger fluctuations and is considered to be riskier than QQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BRKU	QQQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.19%	4.49%	+2.70%
Volatility (6M) Calculated over the trailing 6-month period	20.67%	12.10%	+8.57%
Volatility (1Y) Calculated over the trailing 1-year period	27.78%	15.94%	+11.84%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	34.42%	22.38%	+12.04%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	34.42%	22.29%	+12.13%

BRKU vs. QQQ - Expense Ratio Comparison

BRKU has a 0.97% expense ratio, which is higher than QQQ's 0.18% expense ratio.

Dividends

BRKU vs. QQQ - Dividend Comparison

BRKU's dividend yield for the trailing twelve months is around 2.99%, more than QQQ's 0.38% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BRKU Direxion Daily BRKB Bull 2X Shares	2.99%	2.44%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
QQQ Invesco QQQ ETF	0.38%	0.45%	0.56%	0.62%	0.80%	0.43%	0.55%	0.74%	0.91%	0.84%	1.06%	0.99%

Frequently Asked Questions

Can I hold both BRKU and QQQ in my portfolio?

BRKU and QQQ have a correlation of -0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, BRKU or QQQ?

BRKU has higher volatility (7.19%) compared to QQQ (4.49%). In terms of maximum drawdown, BRKU dropped -35.37% vs QQQ's -82.97%.

Which ETF is better, BRKU or QQQ?

On 1-year performance, QQQ leads with 41.82% vs -19.26% for BRKU. On fees, QQQ is cheaper at 0.18% per year. On volatility, QQQ has been the lower-risk option at 4.49%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, BRKU or QQQ?

Over the 1-year period, QQQ has performed better with a 41.82% return vs -19.26%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, BRKU or QQQ?

QQQ is cheaper with a 0.18% expense ratio, compared with 0.97% for BRKU.

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

BRKU has the higher dividend yield at 2.99%, compared with 0.38% for QQQ.

What is the main difference between BRKU and QQQ?

BRKU is categorized as Leveraged Equities, while QQQ is Nasdaq-100. They also come from different issuers: Direxion and Invesco. Their fees differ too: 0.97% for BRKU and 0.18% for QQQ.

Which has better risk-adjusted returns?

QQQ currently has the higher Sharpe Ratio (2.64 vs -0.70), 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.