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QCMU vs. BLSG
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

QCMU vs. BLSG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Direxion Daily QCOM Bull 2X Shares (QCMU) and Leverage Shares 2X Long BLSH Daily ETF (BLSG). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, QCMU achieves a -42.97% return, which is significantly higher than BLSG's -78.12% return.


QCMU

1D
-5.04%
1M
-31.69%
6M
-26.01%
YTD
-42.97%
1Y
-29.22%
3Y*
5Y*
10Y*
ALL TIME*
-33.95%

BLSG

1D
-5.50%
1M
-30.51%
6M
-63.75%
YTD
-78.12%
1Y
3Y*
5Y*
10Y*
ALL TIME*
*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison


PositionAvg. Volume Value (2W)Avg. Volume Value (1M)Avg. Volume Value (3M)
$301.29K$222.55K$310.26K
$2.68M$2.97M$12.33M

QCMU vs. BLSG - Yearly Performance Comparison


2026 (YTD)2025
QCMU
Direxion Daily QCOM Bull 2X Shares
-42.97%-1.23%
BLSG
Leverage Shares 2X Long BLSH Daily ETF
-78.12%-58.81%

Correlation

The correlation between QCMU and BLSG is 0.26, which is low. Their historical price movements had little consistent relationship.


Correlation
Correlation (All Time)
Calculated using the full available price history since Oct 27, 2025

0.26

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Return for Risk

QCMU vs. BLSG — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

QCMU
QCMU Risk / Return Rank: 99
Overall Rank
QCMU Sharpe Ratio Rank: 77
Sharpe Ratio Rank
QCMU Sortino Ratio Rank: 1414
Sortino Ratio Rank
QCMU Omega Ratio Rank: 1414
Omega Ratio Rank
QCMU Calmar Ratio Rank: 66
Calmar Ratio Rank
QCMU Martin Ratio Rank: 66
Martin Ratio Rank

BLSG

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

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

QCMU vs. BLSG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily QCOM Bull 2X Shares (QCMU) and Leverage Shares 2X Long BLSH Daily ETF (BLSG). 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.


QCMUBLSGDifference
Sharpe ratioReturn per unit of total volatility

Sortino ratioReturn per unit of downside risk

Omega ratioGain probability vs. loss probability

1.04

Calmar ratioReturn relative to maximum drawdown

-0.41

Martin ratioReturn relative to average drawdown

-0.82

QCMU vs. BLSG - Sharpe Ratio Comparison


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Drawdowns

QCMU vs. BLSG - Drawdown Comparison

The maximum QCMU drawdown since its inception was -68.70%, smaller than the maximum BLSG drawdown of -91.34%. Use the drawdown chart below to compare losses from any high point for QCMU and BLSG.


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Drawdown Indicators


QCMUBLSGDifference

Max Drawdown

Largest peak-to-trough decline

-68.70%

-91.34%

+22.64%

Max Drawdown (1Y)

Largest decline over 1 year

-68.70%

Current Drawdown

Current decline from peak

-68.70%

-91.25%

+22.55%

Average Drawdown

Average peak-to-trough decline

-25.89%

-65.68%

+39.79%

Ulcer Index

Depth and duration of drawdowns from previous peaks

33.86%

Volatility

QCMU vs. BLSG - Volatility Comparison


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Volatility by Period


QCMUBLSGDifference

Volatility (1M)

Calculated over the trailing 1-month period

25.77%

Volatility (6M)

Calculated over the trailing 6-month period

93.43%

Volatility (1Y)

Calculated over the trailing 1-year period

106.17%

146.30%

-40.13%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

101.91%

146.30%

-44.39%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

101.91%

146.30%

-44.39%

QCMU vs. BLSG - Expense Ratio Comparison

QCMU has a 1.07% expense ratio, which is higher than BLSG's 0.75% expense ratio.


Dividends

QCMU vs. BLSG - Dividend Comparison

QCMU's dividend yield for the trailing twelve months is around 4.38%, while BLSG has not paid dividends to shareholders.


Frequently Asked Questions


QCMU and BLSG have a correlation of 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, BLSG is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.

BLSG is cheaper with a 0.75% expense ratio, compared with 1.07% for QCMU.

QCMU has the higher dividend yield at 4.38%, compared with 0.00% for BLSG.

They also come from different issuers: Direxion and Leverage Shares. Their fees differ too: 1.07% for QCMU and 0.75% for BLSG.

Portfolio Optimizer

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