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BRZU vs. QQQE
Performance
Return for Risk
Dividends
Drawdowns
Volatility

BRZU vs. QQQE

Last updated Apr 2, 2026

Compare and contrast key facts about Direxion Daily Brazil Bull 2X Shares (BRZU) and Direxion NASDAQ-100 Equal Weighted Index Shares (QQQE).

BRZU and QQQE are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BRZU is a passively managed fund by Direxion that tracks the performance of the MSCI Brazil 25/50 Index. It was launched on Apr 1, 2020. QQQE is a passively managed fund by Direxion that tracks the performance of the NASDAQ-100 Equal Weighted Index. It was launched on Mar 21, 2012. Both BRZU and QQQE are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

BRZU vs. QQQE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Direxion Daily Brazil Bull 2X Shares (BRZU) and Direxion NASDAQ-100 Equal Weighted Index Shares (QQQE). The values are adjusted to include any dividend payments, if applicable.

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BRZU vs. QQQE - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
BRZU
Direxion Daily Brazil Bull 2X Shares		40.14%97.99%-57.07%55.48%8.30%-39.23%-91.34%57.02%-37.21%30.80%
QQQE
Direxion NASDAQ-100 Equal Weighted Index Shares		-2.88%14.58%6.98%33.76%-24.47%17.93%37.85%36.43%-5.40%26.53%

Returns By Period

In the year-to-date period, BRZU achieves a 40.14% return, which is significantly higher than QQQE's -2.88% return. Over the past 10 years, BRZU has underperformed QQQE with an annualized return of -14.69%, while QQQE has yielded a comparatively higher 13.30% annualized return.

BRZU

1D
-0.13%
1M
-3.25%
YTD
40.14%
6M
58.04%
1Y
111.48%
3Y*
26.12%
5Y*
10.30%
10Y*
-14.69%

QQQE

1D
0.68%
1M
-4.20%
YTD
-2.88%
6M
-2.59%
1Y
13.91%
3Y*
11.84%
5Y*
6.34%
10Y*
13.30%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Compare stocks, funds, or ETFs

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Direxion Daily Brazil Bull 2X Shares

Direxion NASDAQ-100 Equal Weighted Index Shares

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Often compared with QQQE:
QQQE vs. QQQQQQE vs. QQQMQQQE vs. QQEWQQQE vs. TQQQQQQE vs. SPYGQQQE vs. VOOQQQE vs. SPY

BRZU vs. QQQE - Expense Ratio Comparison

BRZU has a 1.29% expense ratio, which is higher than QQQE's 0.35% expense ratio.

BRZU
Direxion Daily Brazil Bull 2X Shares
QQQE
Direxion NASDAQ-100 Equal Weighted Index Shares

Return for Risk

BRZU vs. QQQE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
BRZU
BRZU Risk / Return Rank: 9191
Overall Rank
BRZU Sharpe Ratio Rank: 9292
Sharpe Ratio Rank
BRZU Sortino Ratio Rank: 8888
Sortino Ratio Rank
BRZU Omega Ratio Rank: 8484
Omega Ratio Rank
BRZU Calmar Ratio Rank: 9797
Calmar Ratio Rank
BRZU Martin Ratio Rank: 9292
Martin Ratio Rank
QQQE
QQQE Risk / Return Rank: 3939
Overall Rank
QQQE Sharpe Ratio Rank: 3434
Sharpe Ratio Rank
QQQE Sortino Ratio Rank: 3737
Sortino Ratio Rank
QQQE Omega Ratio Rank: 3838
Omega Ratio Rank
QQQE Calmar Ratio Rank: 4242
Calmar Ratio Rank
QQQE Martin Ratio Rank: 4646
Martin Ratio Rank
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.

BRZU vs. QQQE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily Brazil Bull 2X Shares (BRZU) 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.

BRZUQQQEDifference

Sharpe ratio

Return per unit of total volatility

2.17

0.68

+1.49

Sortino ratio

Return per unit of downside risk

2.53

1.13

+1.40

Omega ratio

Gain probability vs. loss probability

1.34

1.16

+0.19

Calmar ratio

Return relative to maximum drawdown

5.13

1.14

+3.99

Martin ratio

Return relative to average drawdown

13.31

4.59

+8.72

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BRZU vs. QQQE - Sharpe Ratio Comparison

The current BRZU Sharpe Ratio is 2.17, which is higher than the QQQE Sharpe Ratio of 0.68. The chart below compares the historical Sharpe Ratios of BRZU and QQQE, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

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Sharpe Ratios by Period

BRZUQQQEDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

2.17

0.68

+1.49

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.19

0.31

-0.13

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

-0.17

0.64

-0.82

Sharpe Ratio (All Time)

Calculated using the full available price history

-0.34

0.69

-1.03

Correlation

The correlation between BRZU and QQQE is 0.41, 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.

Dividends

BRZU vs. QQQE - Dividend Comparison

BRZU's dividend yield for the trailing twelve months is around 1.90%, more than QQQE's 0.64% yield.

TTM20252024202320222021202020192018201720162015
BRZU
Direxion Daily Brazil Bull 2X Shares		1.90%2.39%8.73%3.24%4.70%6.29%0.78%0.95%1.04%0.74%0.00%0.00%
QQQE
Direxion NASDAQ-100 Equal Weighted Index Shares		0.64%0.52%0.86%0.79%0.98%3.83%0.54%0.74%0.80%0.65%1.17%0.57%

Drawdowns

BRZU vs. QQQE - Drawdown Comparison

The maximum BRZU drawdown since its inception was -99.71%, which is greater than QQQE's maximum drawdown of -32.14%. Use the drawdown chart below to compare losses from any high point for BRZU and QQQE.

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Drawdown Indicators

BRZUQQQEDifference

Max Drawdown

Largest peak-to-trough decline

-99.71%

-32.14%

-67.57%

Max Drawdown (1Y)

Largest decline over 1 year

-22.67%

-12.74%

-9.93%

Max Drawdown (5Y)

Largest decline over 5 years

-65.00%

-32.14%

-32.86%

Max Drawdown (10Y)

Largest decline over 10 years

-98.11%

-32.14%

-65.97%

Current Drawdown

Current decline from peak

-99.00%

-6.45%

-92.55%

Average Drawdown

Average peak-to-trough decline

-89.43%

-5.22%

-84.21%

Ulcer Index

Depth and duration of drawdowns from previous peaks

8.73%

3.16%

+5.57%

Volatility

BRZU vs. QQQE - Volatility Comparison

Direxion Daily Brazil Bull 2X Shares (BRZU) has a higher volatility of 22.44% compared to Direxion NASDAQ-100 Equal Weighted Index Shares (QQQE) at 5.64%. This indicates that BRZU'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

BRZUQQQEDifference

Volatility (1M)

Calculated over the trailing 1-month period

22.44%

5.64%

+16.80%

Volatility (6M)

Calculated over the trailing 6-month period

39.48%

11.05%

+28.43%

Volatility (1Y)

Calculated over the trailing 1-year period

51.61%

20.47%

+31.14%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

55.52%

20.32%

+35.20%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

84.27%

20.71%

+63.56%