KQQQ vs. NFXS

Last updated Jun 25, 2026

KQQQ (Kurv Technology Titans Select ETF) and NFXS (Direxion Daily NFLX Bear 1X Shares) are both exchange-traded funds - KQQQ is a Technology Equities fund actively managed by Kurv, while NFXS is a Inverse Equities fund actively managed by Direxion. Both are actively managed. Over the past year, KQQQ returned 30.24% vs 69.91% for NFXS. At a correlation of -0.38, they often move in opposite directions. KQQQ charges 0.99%/yr vs 1.03%/yr for NFXS.

Performance

KQQQ vs. NFXS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Kurv Technology Titans Select ETF (KQQQ) and Direxion Daily NFLX Bear 1X Shares (NFXS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, KQQQ achieves a 12.10% return, which is significantly lower than NFXS's 26.00% return.

KQQQ

• 1D: -1.78%
• 1M: -3.45%
• YTD: 12.10%
• 6M: 10.72%
• 1Y: 30.24%
• 3Y*: —
• 5Y*: —
• 10Y*: —

NFXS

• 1D: 1.44%
• 1M: 23.02%
• YTD: 26.00%
• 6M: 25.81%
• 1Y: 69.91%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

KQQQ vs. NFXS - Yearly Performance Comparison

	2026 (YTD)	2025	2024
KQQQ Kurv Technology Titans Select ETF	12.10%	16.64%	11.14%
NFXS Direxion Daily NFLX Bear 1X Shares	26.00%	-8.56%	-21.49%

Correlation

The correlation between KQQQ and NFXS is -0.25, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.25
Correlation (All Time) Calculated using the full available price history since Oct 3, 2024	-0.38

The correlation between KQQQ and NFXS shifts across timeframes, from -0.38 (all time) to -0.25 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

KQQQ vs. NFXS — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

KQQQ

KQQQ Risk / Return Rank: 44
KQQQ Sharpe Ratio Rank: 50
KQQQ Sortino Ratio Rank: 47
KQQQ Omega Ratio Rank: 46
KQQQ Calmar Ratio Rank: 38
KQQQ Martin Ratio Rank: 39

NFXS

NFXS Risk / Return Rank: 63
NFXS Sharpe Ratio Rank: 75
NFXS Sortino Ratio Rank: 69
NFXS Omega Ratio Rank: 76
NFXS Calmar Ratio Rank: 52
NFXS Martin Ratio Rank: 43

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.

KQQQ vs. NFXS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Kurv Technology Titans Select ETF (KQQQ) and Direxion Daily NFLX Bear 1X Shares (NFXS). 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.

	KQQQ	NFXS	Difference
Sharpe ratio: Return per unit of total volatility	1.56	2.08	-0.52
Sortino ratio: Return per unit of downside risk	2.14	2.72	-0.58
Omega ratio: Gain probability vs. loss probability	1.27	1.39	-0.12
Calmar ratio: Return relative to maximum drawdown	1.76	2.24	-0.49
Martin ratio: Return relative to average drawdown	5.68	6.13	-0.45

KQQQ vs. NFXS - Sharpe Ratio Comparison

The current KQQQ Sharpe Ratio is 1.56, which is comparable to the NFXS Sharpe Ratio of 2.08. The chart below compares the historical Sharpe Ratios of KQQQ and NFXS, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

KQQQ vs. NFXS - Drawdown Comparison

The maximum KQQQ drawdown since its inception was -26.15%, smaller than the maximum NFXS drawdown of -50.37%. Use the drawdown chart below to compare losses from any high point for KQQQ and NFXS.

Drawdown Indicators

	KQQQ	NFXS	Difference
Max Drawdown Largest peak-to-trough decline	-26.15%	-50.37%	+24.22%
Max Drawdown (1Y) Largest decline over 1 year	-17.30%	-31.31%	+14.01%
Current Drawdown Current decline from peak	-6.92%	-11.63%	+4.71%
Average Drawdown Average peak-to-trough decline	-4.69%	-31.89%	+27.20%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.34%	11.44%	-6.10%

Volatility

KQQQ vs. NFXS - Volatility Comparison

Kurv Technology Titans Select ETF (KQQQ) has a higher volatility of 8.23% compared to Direxion Daily NFLX Bear 1X Shares (NFXS) at 7.76%. This indicates that KQQQ's price experiences larger fluctuations and is considered to be riskier than NFXS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	KQQQ	NFXS	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.23%	7.76%	+0.47%
Volatility (6M) Calculated over the trailing 6-month period	15.86%	26.25%	-10.39%
Volatility (1Y) Calculated over the trailing 1-year period	19.53%	33.78%	-14.25%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.72%	34.63%	-10.91%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.72%	34.63%	-10.91%

KQQQ vs. NFXS - Expense Ratio Comparison

KQQQ has a 0.99% expense ratio, which is lower than NFXS's 1.03% expense ratio.

Dividends

KQQQ vs. NFXS - Dividend Comparison

KQQQ's dividend yield for the trailing twelve months is around 14.59%, more than NFXS's 2.81% yield.

Position	TTM	2025	2024
KQQQ Kurv Technology Titans Select ETF	14.59%	12.01%	2.48%
NFXS Direxion Daily NFLX Bear 1X Shares	2.81%	3.53%	0.87%

Frequently Asked Questions

Can I hold both KQQQ and NFXS in my portfolio?

KQQQ and NFXS have a correlation of -0.25, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, KQQQ or NFXS?

KQQQ has higher volatility (8.23%) compared to NFXS (7.76%). In terms of maximum drawdown, KQQQ dropped -26.15% vs NFXS's -50.37%.

Which ETF is better, KQQQ or NFXS?

On 1-year performance, NFXS leads with 69.91% vs 30.24% for KQQQ. On fees, KQQQ is cheaper at 0.99% per year. On volatility, NFXS has been the lower-risk option at 7.76%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, KQQQ or NFXS?

Over the 1-year period, NFXS has performed better with a 69.91% return vs 30.24%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, KQQQ or NFXS?

KQQQ is cheaper with a 0.99% expense ratio, compared with 1.03% for NFXS.

Which ETF pays a higher dividend yield, KQQQ or NFXS?

KQQQ has the higher dividend yield at 14.59%, compared with 2.81% for NFXS.

What is the main difference between KQQQ and NFXS?

KQQQ is categorized as Technology Equities, while NFXS is Inverse Equities. They also come from different issuers: Kurv and Direxion. Their fees differ too: 0.99% for KQQQ and 1.03% for NFXS.

Which has better risk-adjusted returns?

NFXS currently has the higher Sharpe Ratio (2.08 vs 1.56), 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.