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CURE vs. QQQ
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between CURE and QQQ is 0.64, 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.


-0.50.00.51.00.6

Performance

CURE vs. QQQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Direxion Daily Healthcare Bull 3x Shares (CURE) and Invesco QQQ (QQQ). The values are adjusted to include any dividend payments, if applicable.

1,000.00%1,500.00%2,000.00%2,500.00%3,000.00%JulyAugustSeptemberOctoberNovemberDecember
1,929.87%
980.79%
CURE
QQQ

Key characteristics

Sharpe Ratio

CURE:

-0.04

QQQ:

1.64

Sortino Ratio

CURE:

0.17

QQQ:

2.19

Omega Ratio

CURE:

1.02

QQQ:

1.30

Calmar Ratio

CURE:

-0.04

QQQ:

2.16

Martin Ratio

CURE:

-0.11

QQQ:

7.79

Ulcer Index

CURE:

11.91%

QQQ:

3.76%

Daily Std Dev

CURE:

32.47%

QQQ:

17.85%

Max Drawdown

CURE:

-69.19%

QQQ:

-82.98%

Current Drawdown

CURE:

-35.31%

QQQ:

-3.63%

Returns By Period

In the year-to-date period, CURE achieves a -8.58% return, which is significantly lower than QQQ's 27.20% return. Over the past 10 years, CURE has underperformed QQQ with an annualized return of 12.21%, while QQQ has yielded a comparatively higher 18.36% annualized return.


CURE

YTD

-8.58%

1M

-11.40%

6M

-21.83%

1Y

-4.48%

5Y*

5.26%

10Y*

12.21%

QQQ

YTD

27.20%

1M

3.08%

6M

8.34%

1Y

27.81%

5Y*

20.44%

10Y*

18.36%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


CURE vs. QQQ - Expense Ratio Comparison

CURE has a 1.08% expense ratio, which is higher than QQQ's 0.20% expense ratio.


CURE
Direxion Daily Healthcare Bull 3x Shares
Expense ratio chart for CURE: current value at 1.08% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.08%
Expense ratio chart for QQQ: current value at 0.20% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.20%

Risk-Adjusted Performance

CURE vs. QQQ - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily Healthcare Bull 3x Shares (CURE) and Invesco QQQ (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.


Sharpe ratio
The chart of Sharpe ratio for CURE, currently valued at -0.04, compared to the broader market0.002.004.00-0.041.64
The chart of Sortino ratio for CURE, currently valued at 0.17, compared to the broader market-2.000.002.004.006.008.0010.000.172.19
The chart of Omega ratio for CURE, currently valued at 1.02, compared to the broader market0.501.001.502.002.503.001.021.30
The chart of Calmar ratio for CURE, currently valued at -0.04, compared to the broader market0.005.0010.0015.00-0.042.16
The chart of Martin ratio for CURE, currently valued at -0.11, compared to the broader market0.0020.0040.0060.0080.00100.00-0.117.79
CURE
QQQ

The current CURE Sharpe Ratio is -0.04, which is lower than the QQQ Sharpe Ratio of 1.64. The chart below compares the historical Sharpe Ratios of CURE and QQQ, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-0.500.000.501.001.502.002.503.00JulyAugustSeptemberOctoberNovemberDecember
-0.04
1.64
CURE
QQQ

Dividends

CURE vs. QQQ - Dividend Comparison

CURE's dividend yield for the trailing twelve months is around 1.04%, more than QQQ's 0.43% yield.


TTM20232022202120202019201820172016201520142013
CURE
Direxion Daily Healthcare Bull 3x Shares
1.04%2.02%0.38%0.02%0.17%0.40%0.70%0.18%0.00%0.00%0.00%1.24%
QQQ
Invesco QQQ
0.43%0.62%0.80%0.43%0.55%0.74%0.91%0.84%1.06%0.99%1.41%1.02%

Drawdowns

CURE vs. QQQ - Drawdown Comparison

The maximum CURE drawdown since its inception was -69.19%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for CURE and QQQ. For additional features, visit the drawdowns tool.


-40.00%-30.00%-20.00%-10.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-35.31%
-3.63%
CURE
QQQ

Volatility

CURE vs. QQQ - Volatility Comparison

Direxion Daily Healthcare Bull 3x Shares (CURE) has a higher volatility of 10.38% compared to Invesco QQQ (QQQ) at 5.29%. This indicates that CURE'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.


4.00%6.00%8.00%10.00%12.00%14.00%16.00%JulyAugustSeptemberOctoberNovemberDecember
10.38%
5.29%
CURE
QQQ
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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