LEUX vs. QQQP

Last updated Jun 6, 2026

LEUX (Tradr 2X Long LEU Daily ETF) and QQQP (Tradr 2X Long Triple Q Quarterly ETF) are both Leveraged Equities funds from Tradr. LEUX is passively managed, while QQQP is actively managed. A 0.54 correlation means they provide meaningful diversification when combined. LEUX charges 1.49%/yr vs 1.30%/yr for QQQP.

Performance

LEUX vs. QQQP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Tradr 2X Long LEU Daily ETF (LEUX) and Tradr 2X Long Triple Q Quarterly ETF (QQQP). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

LEUX

• 1D: -26.39%
• 1M: -54.33%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

QQQP

• 1D: -7.73%
• 1M: 2.04%
• YTD: 24.17%
• 6M: 19.48%
• 1Y: 61.62%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

LEUX vs. QQQP - Yearly Performance Comparison

	2026 (YTD)
LEUX Tradr 2X Long LEU Daily ETF	-52.06%
QQQP Tradr 2X Long Triple Q Quarterly ETF	29.99%

Correlation

The correlation between LEUX and QQQP is 0.54, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Feb 20, 2026	0.54

Return for Risk

LEUX vs. QQQP — Risk / Return Rank

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

QQQP

QQQP Risk / Return Rank: 54
QQQP Sharpe Ratio Rank: 59
QQQP Sortino Ratio Rank: 52
QQQP Omega Ratio Rank: 52
QQQP Calmar Ratio Rank: 52
QQQP Martin Ratio Rank: 55

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.

LEUX vs. QQQP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tradr 2X Long LEU Daily ETF (LEUX) and Tradr 2X Long Triple Q Quarterly ETF (QQQP). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	LEUX	QQQP	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.88	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.59	0.95	-1.54

Drawdowns

LEUX vs. QQQP - Drawdown Comparison

The maximum LEUX drawdown since its inception was -54.33%, which is greater than QQQP's maximum drawdown of -42.50%. Use the drawdown chart below to compare losses from any high point for LEUX and QQQP.

Drawdown Indicators

	LEUX	QQQP	Difference
Max Drawdown Largest peak-to-trough decline	-54.33%	-42.50%	-11.83%
Max Drawdown (1Y) Largest decline over 1 year	—	-25.35%	—
Current Drawdown Current decline from peak	-54.33%	-8.92%	-45.41%
Average Drawdown Average peak-to-trough decline	-21.49%	-7.32%	-14.17%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	6.94%	—

Volatility

Volatility by Period

	LEUX	QQQP	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	12.00%	—
Volatility (6M) Calculated over the trailing 6-month period	—	25.94%	—
Volatility (1Y) Calculated over the trailing 1-year period	157.69%	33.03%	+124.66%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	157.69%	44.14%	+113.55%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	157.69%	44.14%	+113.55%

LEUX vs. QQQP - Expense Ratio Comparison

LEUX has a 1.49% expense ratio, which is higher than QQQP's 1.30% expense ratio.

Dividends

LEUX vs. QQQP - Dividend Comparison

Neither LEUX nor QQQP has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both LEUX and QQQP in my portfolio?

LEUX and QQQP have a correlation of 0.54, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, LEUX or QQQP?

On fees, QQQP is cheaper at 1.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, LEUX or QQQP?

QQQP is cheaper with a 1.30% expense ratio, compared with 1.49% for LEUX.

Which ETF pays a higher dividend yield, LEUX or QQQP?

LEUX and QQQP have nearly identical dividend yields, around 0.00%.

What is the main difference between LEUX and QQQP?

Their fees differ too: 1.49% for LEUX and 1.30% for QQQP.