DRIP vs. XDQQ
DRIP (Direxion Daily S&P Oil & Gas Exploration & Production Bear 2x Shares) and XDQQ (Innovator Growth Accelerated ETF - Quarterly) are both Leveraged Equities funds. DRIP is passively managed, while XDQQ is actively managed. Over the past 5 years, DRIP returned -45.76%/yr vs 6.22%/yr for XDQQ. Their -0.21 correlation means they have often moved in opposite directions in the past. DRIP charges 1.07%/yr vs 0.79%/yr for XDQQ.
Performance
DRIP vs. XDQQ - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, DRIP achieves a -53.72% return, which is significantly lower than XDQQ's -1.59% return.
DRIP
- 1D
- 3.59%
- 1M
- -22.42%
- 6M
- -46.02%
- YTD
- -53.72%
- 1Y
- -57.86%
- 3Y*
- -24.65%
- 5Y*
- -45.76%
- 10Y*
- -42.61%
- ALL TIME*
- -41.99%
XDQQ
- 1D
- 1.78%
- 1M
- -1.63%
- 6M
- -3.53%
- YTD
- -1.59%
- 1Y
- 10.17%
- 3Y*
- 15.50%
- 5Y*
- 6.22%
- 10Y*
- —
- ALL TIME*
- 7.95%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $16.92M | $63.12M | $132.02M | |
| $488.37K | $671.97K | $332.30K |
DRIP vs. XDQQ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
DRIP Direxion Daily S&P Oil & Gas Exploration & Production Bear 2x Shares | -53.72% | -14.81% | 1.27% | -17.24% | -73.57% | -53.42% |
XDQQ Innovator Growth Accelerated ETF - Quarterly | -1.59% | 13.75% | 31.47% | 30.15% | -33.74% | 18.52% |
Correlation
The correlation between DRIP and XDQQ is 0.10, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.10 |
Correlation (3Y) Balances recent behavior with more history. | -0.09 |
Correlation (5Y) Shows whether the relationship held over a longer period. | -0.22 |
Correlation (All Time) Calculated using the full available price history since Apr 1, 2021 | -0.21 |
The correlation between DRIP and XDQQ shifts across timeframes, from -0.22 (5 years) to 0.10 (1 year), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
DRIP vs. XDQQ — Risk / Return Rank
DRIP
XDQQ
DRIP vs. XDQQ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Direxion Daily S&P Oil & Gas Exploration & Production Bear 2x Shares (DRIP) and Innovator Growth Accelerated ETF - Quarterly (XDQQ). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| DRIP | XDQQ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.68 | ||
| Sortino ratioReturn per unit of downside risk | -2.73 | ||
| Omega ratioGain probability vs. loss probability | 0.82 | 1.14 | -0.32 |
| Calmar ratioReturn relative to maximum drawdown | -0.93 | 0.86 | -1.80 |
| Martin ratioReturn relative to average drawdown | -1.52 | 3.44 | -4.96 |
Loading charts...
Drawdowns
DRIP vs. XDQQ - Drawdown Comparison
The maximum DRIP drawdown since its inception was -99.95%, which is greater than XDQQ's maximum drawdown of -35.63%. Use the drawdown chart below to compare losses from any high point for DRIP and XDQQ.
Loading charts...
Drawdown Indicators
| DRIP | XDQQ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -99.95% | -35.63% | -64.32% |
Max Drawdown (1Y)Largest decline over 1 year | -62.18% | -11.84% | -50.34% |
Max Drawdown (3Y)Largest decline over 3 years | -76.02% | -23.17% | -52.85% |
Max Drawdown (5Y)Largest decline over 5 years | -96.24% | -35.63% | -60.61% |
Max Drawdown (10Y)Largest decline over 10 years | -99.92% | — | — |
Current DrawdownCurrent decline from peak | -99.94% | -4.45% | -95.49% |
Average DrawdownAverage peak-to-trough decline | -90.56% | -10.57% | -79.99% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 38.17% | 2.96% | +35.21% |
Volatility
DRIP vs. XDQQ - Volatility Comparison
Direxion Daily S&P Oil & Gas Exploration & Production Bear 2x Shares (DRIP) has a higher volatility of 17.47% compared to Innovator Growth Accelerated ETF - Quarterly (XDQQ) at 7.30%. This indicates that DRIP's price experiences larger fluctuations and is considered to be riskier than XDQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| DRIP | XDQQ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 17.47% | 7.30% | +10.17% |
Volatility (6M)Calculated over the trailing 6-month period | 44.98% | 12.00% | +32.98% |
Volatility (1Y)Calculated over the trailing 1-year period | 56.84% | 15.51% | +41.33% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 67.64% | 20.04% | +47.60% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 95.72% | 19.62% | +76.10% |
DRIP vs. XDQQ - Expense Ratio Comparison
DRIP has a 1.07% expense ratio, which is higher than XDQQ's 0.79% expense ratio.
Dividends
DRIP vs. XDQQ - Dividend Comparison
DRIP's dividend yield for the trailing twelve months is around 3.84%, while XDQQ has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
DRIP Direxion Daily S&P Oil & Gas Exploration & Production Bear 2x Shares | 3.84% | 2.86% | 4.38% | 5.09% | 0.00% | 0.00% | 0.01% | 0.96% | 0.58% |
XDQQ Innovator Growth Accelerated ETF - Quarterly | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
DRIP and XDQQ have a correlation of 0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
DRIP has higher volatility (17.47%) compared to XDQQ (7.30%). In terms of maximum drawdown, DRIP dropped -99.95% vs XDQQ's -35.63%.
On 5-year performance, XDQQ leads with 6.22% vs -45.76% for DRIP. On fees, XDQQ is cheaper at 0.79% per year. On volatility, XDQQ has been the lower-risk option at 7.30%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, XDQQ has performed better with a 6.22% return vs -45.76%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
XDQQ is cheaper with a 0.79% expense ratio, compared with 1.07% for DRIP.
DRIP has the higher dividend yield at 3.84%, compared with 0.00% for XDQQ.
They also come from different issuers: Direxion and Innovator. Their fees differ too: 1.07% for DRIP and 0.79% for XDQQ.
XDQQ currently has the higher Sharpe Ratio (0.66 vs -1.02), 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.
Find the right allocation for DRIP and XDQQ
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer