MRVU vs. QQQE

Last updated Jun 5, 2026

MRVU (Direxion Daily MRVL Bull 2X ETF) and QQQE (Direxion NASDAQ-100 Equal Weighted Index Shares) are both exchange-traded funds - MRVU is a Leveraged Equities fund tracking the Marvell Technology, Inc. (MRVL), while QQQE is a Nasdaq-100 fund tracking the NASDAQ-100 Equal Weighted Index. Both are passively managed. A 0.53 correlation means they provide meaningful diversification when combined. MRVU charges 0.97%/yr vs 0.35%/yr for QQQE.

Performance

MRVU vs. QQQE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Direxion Daily MRVL Bull 2X ETF (MRVU) and Direxion NASDAQ-100 Equal Weighted Index Shares (QQQE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

MRVU

• 1D: 10.26%
• 1M: 215.52%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

QQQE

• 1D: -0.22%
• 1M: 9.15%
• YTD: 18.85%
• 6M: 17.59%
• 1Y: 28.07%
• 3Y*: 18.58%
• 5Y*: 10.25%
• 10Y*: 15.43%

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

MRVU vs. QQQE - Yearly Performance Comparison

	2026 (YTD)
MRVU Direxion Daily MRVL Bull 2X ETF	1,102.86%
QQQE Direxion NASDAQ-100 Equal Weighted Index Shares	17.74%

Correlation

The correlation between MRVU and QQQE is 0.53, 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 12, 2026	0.53

Return for Risk

MRVU vs. QQQE — Risk / Return Rank

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

QQQE

QQQE Risk / Return Rank: 59
QQQE Sharpe Ratio Rank: 60
QQQE Sortino Ratio Rank: 59
QQQE Omega Ratio Rank: 56
QQQE Calmar Ratio Rank: 61
QQQE Martin Ratio Rank: 59

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.

MRVU vs. QQQE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily MRVL Bull 2X ETF (MRVU) and Direxion NASDAQ-100 Equal Weighted Index Shares (QQQE). 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

	MRVU	QQQE	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.00	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.51	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.75	—
Sharpe Ratio (All Time) Calculated using the full available price history	1,774.55	0.76	+1,773.79

Drawdowns

MRVU vs. QQQE - Drawdown Comparison

The maximum MRVU drawdown since its inception was -21.03%, smaller than the maximum QQQE drawdown of -32.14%. Use the drawdown chart below to compare losses from any high point for MRVU and QQQE.

Drawdown Indicators

	MRVU	QQQE	Difference
Max Drawdown Largest peak-to-trough decline	-21.03%	-32.14%	+11.11%
Max Drawdown (1Y) Largest decline over 1 year	—	-9.41%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-21.38%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-32.14%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-32.14%	—
Current Drawdown Current decline from peak	0.00%	-0.32%	+0.32%
Average Drawdown Average peak-to-trough decline	-4.24%	-5.17%	+0.93%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.72%	—

Volatility

Volatility by Period

	MRVU	QQQE	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	3.82%	—
Volatility (6M) Calculated over the trailing 6-month period	—	10.61%	—
Volatility (1Y) Calculated over the trailing 1-year period	175.19%	14.13%	+161.06%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	175.19%	20.29%	+154.90%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	175.19%	20.72%	+154.47%

MRVU vs. QQQE - Expense Ratio Comparison

MRVU has a 0.97% expense ratio, which is higher than QQQE's 0.35% expense ratio.

Dividends

MRVU vs. QQQE - Dividend Comparison

MRVU's dividend yield for the trailing twelve months is around 0.02%, less than QQQE's 0.52% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
MRVU Direxion Daily MRVL Bull 2X ETF	0.02%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
QQQE Direxion NASDAQ-100 Equal Weighted Index Shares	0.52%	0.52%	0.86%	0.79%	0.98%	3.83%	0.54%	0.74%	0.80%	0.65%	1.17%	0.57%

Frequently Asked Questions

Can I hold both MRVU and QQQE in my portfolio?

MRVU and QQQE have a correlation of 0.53, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, MRVU or QQQE?

On fees, QQQE is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, MRVU or QQQE?

QQQE is cheaper with a 0.35% expense ratio, compared with 0.97% for MRVU.

Which ETF pays a higher dividend yield, MRVU or QQQE?

QQQE has the higher dividend yield at 0.52%, compared with 0.02% for MRVU.

What is the main difference between MRVU and QQQE?

MRVU is categorized as Leveraged Equities, while QQQE is Nasdaq-100. MRVU tracks Marvell Technology, Inc. (MRVL), while QQQE tracks NASDAQ-100 Equal Weighted Index. Their fees differ too: 0.97% for MRVU and 0.35% for QQQE.