BRKU vs. TQQQ
Compare and contrast key facts about Direxion Daily BRKB Bull 2X Shares (BRKU) and ProShares UltraPro QQQ (TQQQ).
BRKU and TQQQ 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. TQQQ is a passively managed fund by ProShares that tracks the performance of the NASDAQ-100 Index (300%). It was launched on Feb 9, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BRKU or TQQQ.
Correlation
The correlation between BRKU and TQQQ is 0.51, 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. TQQQ - Performance Comparison
Loading data...
Key characteristics
BRKU:
47.38%
TQQQ:
75.50%
BRKU:
-17.69%
TQQQ:
-81.66%
BRKU:
-11.50%
TQQQ:
-22.93%
Returns By Period
In the year-to-date period, BRKU achieves a 20.03% return, which is significantly higher than TQQQ's -9.44% return.
BRKU
20.03%
-2.72%
N/A
N/A
N/A
N/A
TQQQ
-9.44%
57.76%
-3.19%
14.79%
32.54%
31.65%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
BRKU vs. TQQQ - Expense Ratio Comparison
BRKU has a 0.97% expense ratio, which is higher than TQQQ's 0.95% expense ratio.
Risk-Adjusted Performance
BRKU vs. TQQQ — Risk-Adjusted Performance Rank
BRKU
TQQQ
BRKU vs. TQQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Direxion Daily BRKB Bull 2X Shares (BRKU) and ProShares UltraPro QQQ (TQQQ). 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.
Loading data...
Dividends
BRKU vs. TQQQ - Dividend Comparison
BRKU's dividend yield for the trailing twelve months is around 0.30%, less than TQQQ's 1.38% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BRKU Direxion Daily BRKB Bull 2X Shares | 0.30% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
TQQQ ProShares UltraPro QQQ | 1.38% | 1.27% | 1.26% | 0.57% | 0.00% | 0.00% | 0.06% | 0.11% | 0.00% | 0.00% | 0.01% | 0.03% |
Drawdowns
BRKU vs. TQQQ - Drawdown Comparison
The maximum BRKU drawdown since its inception was -17.69%, smaller than the maximum TQQQ drawdown of -81.66%. Use the drawdown chart below to compare losses from any high point for BRKU and TQQQ. For additional features, visit the drawdowns tool.
Loading data...
Volatility
BRKU vs. TQQQ - Volatility Comparison
Loading data...