BRKU vs. QQQE
BRKU (Direxion Daily BRKB Bull 2X Shares) and QQQE (Direxion NASDAQ-100 Equal Weighted Index Shares) are both exchange-traded funds - BRKU is a Leveraged Equities fund actively managed by Direxion, while QQQE is a Nasdaq-100 fund tracking the NASDAQ-100 Equal Weighted Index. BRKU is actively managed, while QQQE is passively managed. Over the past year, BRKU returned -15.80% vs 28.07% for QQQE. At a 0.24 correlation, their price movements are largely independent. BRKU charges 0.97%/yr vs 0.35%/yr for QQQE.
Performance
BRKU vs. QQQE - Performance Comparison
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Returns By Period
In the year-to-date period, BRKU achieves a -13.68% return, which is significantly lower than QQQE's 18.85% return.
BRKU
- 1D
- 1.28%
- 1M
- 4.82%
- YTD
- -13.68%
- 6M
- -14.64%
- 1Y
- -15.80%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
QQQE
- 1D
- -0.22%
- 1M
- 9.15%
- YTD
- 18.85%
- 6M
- 17.59%
- 1Y
- 28.07%
- 3Y*
- 18.58%
- 5Y*
- 10.25%
- 10Y*
- 15.43%
BRKU vs. QQQE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
BRKU Direxion Daily BRKB Bull 2X Shares | -13.68% | 6.44% | -3.96% |
QQQE Direxion NASDAQ-100 Equal Weighted Index Shares | 18.85% | 14.58% | -5.48% |
Correlation
The correlation between BRKU and QQQE is 0.11, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.11 |
Correlation (All Time) Calculated using the full available price history since Dec 12, 2024 | 0.24 |
The correlation between BRKU and QQQE shifts across timeframes, from 0.11 (1 year) to 0.24 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
BRKU vs. QQQE — Risk / Return Rank
BRKU
QQQE
BRKU vs. QQQE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Direxion Daily BRKB Bull 2X Shares (BRKU) 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.
| BRKU | QQQE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.57 | ||
| Sortino ratioReturn per unit of downside risk | -3.39 | ||
| Omega ratioGain probability vs. loss probability | 0.92 | 1.34 | -0.42 |
| Calmar ratioReturn relative to maximum drawdown | -0.72 | 3.00 | -3.72 |
| Martin ratioReturn relative to average drawdown | -1.45 | 10.34 | -11.79 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| BRKU | QQQE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.57 | 2.00 | -2.57 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.51 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.75 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.24 | 0.76 | -1.00 |
Drawdowns
BRKU vs. QQQE - Drawdown Comparison
The maximum BRKU drawdown since its inception was -35.37%, which is greater than QQQE's maximum drawdown of -32.14%. Use the drawdown chart below to compare losses from any high point for BRKU and QQQE.
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Drawdown Indicators
| BRKU | QQQE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.37% | -32.14% | -3.23% |
Max Drawdown (1Y)Largest decline over 1 year | -22.06% | -9.41% | -12.65% |
Max Drawdown (3Y)Largest decline over 3 years | — | -21.38% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -32.14% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -32.14% | — |
Current DrawdownCurrent decline from peak | -32.26% | -0.32% | -31.94% |
Average DrawdownAverage peak-to-trough decline | -18.91% | -5.17% | -13.74% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.93% | 2.72% | +8.21% |
Volatility
BRKU vs. QQQE - Volatility Comparison
Direxion Daily BRKB Bull 2X Shares (BRKU) has a higher volatility of 7.11% compared to Direxion NASDAQ-100 Equal Weighted Index Shares (QQQE) at 3.82%. This indicates that BRKU's price experiences larger fluctuations and is considered to be riskier 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
| BRKU | QQQE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.11% | 3.82% | +3.29% |
Volatility (6M)Calculated over the trailing 6-month period | 20.71% | 10.61% | +10.10% |
Volatility (1Y)Calculated over the trailing 1-year period | 27.76% | 14.13% | +13.63% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 34.39% | 20.29% | +14.10% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 34.39% | 20.72% | +13.67% |
BRKU vs. QQQE - Expense Ratio Comparison
BRKU has a 0.97% expense ratio, which is higher than QQQE's 0.35% expense ratio.
Dividends
BRKU vs. QQQE - Dividend Comparison
BRKU's dividend yield for the trailing twelve months is around 2.95%, more than QQQE's 0.52% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BRKU Direxion Daily BRKB Bull 2X Shares | 2.95% | 2.44% | 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 | 0.52% | 0.52% | 0.86% | 0.79% | 0.98% | 3.83% | 0.54% | 0.74% | 0.80% | 0.65% | 1.17% | 0.57% |
Frequently Asked Questions
BRKU and QQQE have a correlation of 0.11, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BRKU has higher volatility (7.11%) compared to QQQE (3.82%). In terms of maximum drawdown, BRKU dropped -35.37% vs QQQE's -32.14%.
On 1-year performance, QQQE leads with 28.07% vs -15.80% for BRKU. On fees, QQQE is cheaper at 0.35% per year. On volatility, QQQE has been the lower-risk option at 3.82%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, QQQE has performed better with a 28.07% return vs -15.80%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
QQQE is cheaper with a 0.35% expense ratio, compared with 0.97% for BRKU.
BRKU has the higher dividend yield at 2.95%, compared with 0.52% for QQQE.
BRKU is categorized as Leveraged Equities, while QQQE is Nasdaq-100. Their fees differ too: 0.97% for BRKU and 0.35% for QQQE.
QQQE currently has the higher Sharpe Ratio (2.00 vs -0.57), 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.
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