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

Correlation

The correlation between LABU and TQQQ 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. TQQQ - 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 ProShares UltraPro QQQ (TQQQ). The values are adjusted to include any dividend payments, if applicable.

0.00%500.00%1,000.00%1,500.00%2,000.00%NovemberDecember2025FebruaryMarchApril
-98.21%
1,049.48%
LABU
TQQQ

Key characteristics

Sharpe Ratio

LABU:

-0.50

TQQQ:

0.04

Sortino Ratio

LABU:

-0.31

TQQQ:

0.58

Omega Ratio

LABU:

0.96

TQQQ:

1.08

Calmar Ratio

LABU:

-0.40

TQQQ:

0.05

Martin Ratio

LABU:

-1.30

TQQQ:

0.13

Ulcer Index

LABU:

30.75%

TQQQ:

20.43%

Daily Std Dev

LABU:

80.70%

TQQQ:

74.97%

Max Drawdown

LABU:

-99.18%

TQQQ:

-81.66%

Current Drawdown

LABU:

-98.80%

TQQQ:

-41.90%

Returns By Period

In the year-to-date period, LABU achieves a -38.77% return, which is significantly lower than TQQQ's -31.73% return.


LABU

YTD

-38.77%

1M

-23.55%

6M

-54.26%

1Y

-36.95%

5Y*

-42.36%

10Y*

N/A

TQQQ

YTD

-31.73%

1M

-13.55%

6M

-27.48%

1Y

-1.26%

5Y*

27.64%

10Y*

28.14%

*Annualized

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LABU vs. TQQQ - Expense Ratio Comparison

LABU has a 1.12% expense ratio, which is higher than TQQQ's 0.95% 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 TQQQ: current value is 0.95%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
TQQQ: 0.95%

Risk-Adjusted Performance

LABU vs. TQQQ — 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 66
Overall Rank
The Sharpe Ratio Rank of LABU is 55
Sharpe Ratio Rank
The Sortino Ratio Rank of LABU is 88
Sortino Ratio Rank
The Omega Ratio Rank of LABU is 99
Omega Ratio Rank
The Calmar Ratio Rank of LABU is 44
Calmar Ratio Rank
The Martin Ratio Rank of LABU is 33
Martin Ratio Rank

TQQQ
The Risk-Adjusted Performance Rank of TQQQ is 3333
Overall Rank
The Sharpe Ratio Rank of TQQQ is 2424
Sharpe Ratio Rank
The Sortino Ratio Rank of TQQQ is 4646
Sortino Ratio Rank
The Omega Ratio Rank of TQQQ is 4545
Omega Ratio Rank
The Calmar Ratio Rank of TQQQ is 2626
Calmar Ratio Rank
The Martin Ratio Rank of TQQQ is 2424
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. TQQQ - 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 ProShares UltraPro QQQ (TQQQ). 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 -0.50, compared to the broader market-1.000.001.002.003.004.00
LABU: -0.50
TQQQ: 0.04
The chart of Sortino ratio for LABU, currently valued at -0.31, compared to the broader market-2.000.002.004.006.008.00
LABU: -0.31
TQQQ: 0.58
The chart of Omega ratio for LABU, currently valued at 0.96, compared to the broader market0.501.001.502.002.50
LABU: 0.96
TQQQ: 1.08
The chart of Calmar ratio for LABU, currently valued at -0.40, compared to the broader market0.002.004.006.008.0010.0012.00
LABU: -0.40
TQQQ: 0.05
The chart of Martin ratio for LABU, currently valued at -1.30, compared to the broader market0.0020.0040.0060.00
LABU: -1.30
TQQQ: 0.13

The current LABU Sharpe Ratio is -0.50, which is lower than the TQQQ Sharpe Ratio of 0.04. The chart below compares the historical Sharpe Ratios of LABU and TQQQ, 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
-0.50
0.04
LABU
TQQQ

Dividends

LABU vs. TQQQ - Dividend Comparison

LABU's dividend yield for the trailing twelve months is around 0.47%, less than TQQQ's 1.83% yield.


TTM20242023202220212020201920182017201620152014
LABU
Direxion Daily S&P Biotech Bull 3x Shares
0.47%0.35%0.35%0.00%0.00%0.00%0.28%0.64%0.17%0.00%0.00%0.00%
TQQQ
ProShares UltraPro QQQ
1.83%1.27%1.26%0.57%0.00%0.00%0.06%0.11%0.00%0.00%0.01%0.03%

Drawdowns

LABU vs. TQQQ - Drawdown Comparison

The maximum LABU drawdown since its inception was -99.18%, which is greater than TQQQ's maximum drawdown of -81.66%. Use the drawdown chart below to compare losses from any high point for LABU and TQQQ. For additional features, visit the drawdowns tool.


-100.00%-80.00%-60.00%-40.00%-20.00%0.00%NovemberDecember2025FebruaryMarchApril
-98.80%
-41.90%
LABU
TQQQ

Volatility

LABU vs. TQQQ - Volatility Comparison

The current volatility for Direxion Daily S&P Biotech Bull 3x Shares (LABU) is 45.40%, while ProShares UltraPro QQQ (TQQQ) has a volatility of 48.66%. This indicates that LABU experiences smaller price fluctuations and is considered to be less risky than TQQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


10.00%20.00%30.00%40.00%50.00%NovemberDecember2025FebruaryMarchApril
45.40%
48.66%
LABU
TQQQ