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

Correlation

The correlation between LABU and QQQ is 0.58, 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.


-0.50.00.51.0
Correlation: 0.6

Performance

LABU vs. QQQ - Performance Comparison

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

-100.00%0.00%100.00%200.00%300.00%400.00%NovemberDecember2025FebruaryMarchApril
-98.17%
356.43%
LABU
QQQ

Key characteristics

Sharpe Ratio

LABU:

-0.45

QQQ:

0.49

Sortino Ratio

LABU:

-0.21

QQQ:

0.85

Omega Ratio

LABU:

0.97

QQQ:

1.12

Calmar Ratio

LABU:

-0.37

QQQ:

0.54

Martin Ratio

LABU:

-1.20

QQQ:

1.86

Ulcer Index

LABU:

30.50%

QQQ:

6.59%

Daily Std Dev

LABU:

80.72%

QQQ:

25.26%

Max Drawdown

LABU:

-99.18%

QQQ:

-82.98%

Current Drawdown

LABU:

-98.77%

QQQ:

-13.25%

Returns By Period

In the year-to-date period, LABU achieves a -37.42% return, which is significantly lower than QQQ's -8.45% return.


LABU

YTD

-37.42%

1M

-26.02%

6M

-53.37%

1Y

-36.92%

5Y*

-41.65%

10Y*

N/A

QQQ

YTD

-8.45%

1M

-5.29%

6M

-4.78%

1Y

10.24%

5Y*

17.72%

10Y*

16.49%

*Annualized

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LABU vs. QQQ - Expense Ratio Comparison

LABU has a 1.12% expense ratio, which is higher than QQQ's 0.20% expense ratio.


Expense ratio chart for LABU: current value is 1.12%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
LABU: 1.12%
Expense ratio chart for QQQ: current value is 0.20%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
QQQ: 0.20%

Risk-Adjusted Performance

LABU vs. QQQ — Risk-Adjusted Performance Rank

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

LABU
The Risk-Adjusted Performance Rank of LABU is 88
Overall Rank
The Sharpe Ratio Rank of LABU is 66
Sharpe Ratio Rank
The Sortino Ratio Rank of LABU is 1111
Sortino Ratio Rank
The Omega Ratio Rank of LABU is 1111
Omega Ratio Rank
The Calmar Ratio Rank of LABU is 55
Calmar Ratio Rank
The Martin Ratio Rank of LABU is 55
Martin Ratio Rank

QQQ
The Risk-Adjusted Performance Rank of QQQ is 6161
Overall Rank
The Sharpe Ratio Rank of QQQ is 5858
Sharpe Ratio Rank
The Sortino Ratio Rank of QQQ is 6161
Sortino Ratio Rank
The Omega Ratio Rank of QQQ is 6161
Omega Ratio Rank
The Calmar Ratio Rank of QQQ is 6767
Calmar Ratio Rank
The Martin Ratio Rank of QQQ is 5959
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

LABU vs. QQQ - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily S&P Biotech Bull 3x Shares (LABU) 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.


The chart of Sharpe ratio for LABU, currently valued at -0.45, compared to the broader market-1.000.001.002.003.004.00
LABU: -0.45
QQQ: 0.49
The chart of Sortino ratio for LABU, currently valued at -0.21, compared to the broader market-2.000.002.004.006.008.00
LABU: -0.21
QQQ: 0.85
The chart of Omega ratio for LABU, currently valued at 0.97, compared to the broader market0.501.001.502.002.50
LABU: 0.97
QQQ: 1.12
The chart of Calmar ratio for LABU, currently valued at -0.37, compared to the broader market0.002.004.006.008.0010.0012.00
LABU: -0.37
QQQ: 0.54
The chart of Martin ratio for LABU, currently valued at -1.20, compared to the broader market0.0020.0040.0060.00
LABU: -1.20
QQQ: 1.86

The current LABU Sharpe Ratio is -0.45, which is lower than the QQQ Sharpe Ratio of 0.49. The chart below compares the historical Sharpe Ratios of LABU 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-1.000.001.002.003.00NovemberDecember2025FebruaryMarchApril
-0.45
0.49
LABU
QQQ

Dividends

LABU vs. QQQ - Dividend Comparison

LABU's dividend yield for the trailing twelve months is around 0.46%, less than QQQ's 0.64% yield.


TTM20242023202220212020201920182017201620152014
LABU
Direxion Daily S&P Biotech Bull 3x Shares
0.46%0.35%0.35%0.00%0.00%0.00%0.28%0.64%0.17%0.00%0.00%0.00%
QQQ
Invesco QQQ
0.64%0.56%0.62%0.80%0.43%0.55%0.74%0.91%0.84%1.06%0.99%1.41%

Drawdowns

LABU vs. QQQ - Drawdown Comparison

The maximum LABU drawdown since its inception was -99.18%, which is greater than QQQ's maximum drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for LABU and QQQ. For additional features, visit the drawdowns tool.


-100.00%-80.00%-60.00%-40.00%-20.00%0.00%NovemberDecember2025FebruaryMarchApril
-98.77%
-13.25%
LABU
QQQ

Volatility

LABU vs. QQQ - Volatility Comparison

Direxion Daily S&P Biotech Bull 3x Shares (LABU) has a higher volatility of 45.73% compared to Invesco QQQ (QQQ) at 16.89%. This indicates that LABU'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.


0.00%10.00%20.00%30.00%40.00%50.00%NovemberDecember2025FebruaryMarchApril
45.73%
16.89%
LABU
QQQ