QCMU vs. BRKL

Last updated Aug 2, 2026

QCMU (Direxion Daily QCOM Bull 2X Shares) and BRKL (Corgi BRKB 2x Daily ETF) are both Leveraged Equities funds. QCMU is passively managed, while BRKL is actively managed. Their -0.44 correlation means they have often moved in opposite directions in the past. QCMU charges 1.07%/yr vs 0.45%/yr for BRKL.

Performance

QCMU vs. BRKL - Performance Comparison

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

Returns By Period

QCMU

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

BRKL

• 1D: 0.85%
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
BRKL Corgi BRKB 2x Daily ETF	$853.16	$14.75K	$14.75K
QCMU Direxion Daily QCOM Bull 2X Shares	$2.68M	$2.97M	$12.33M

QCMU vs. BRKL - Yearly Performance Comparison

	2026 (YTD)
QCMU Direxion Daily QCOM Bull 2X Shares	-38.91%
BRKL Corgi BRKB 2x Daily ETF	1.48%

Correlation

The correlation between QCMU and BRKL is -0.44, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 7, 2026	-0.44

Return for Risk

QCMU vs. BRKL — Risk / Return Rank

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

QCMU

QCMU Risk / Return Rank: 9
QCMU Sharpe Ratio Rank: 7
QCMU Sortino Ratio Rank: 14
QCMU Omega Ratio Rank: 14
QCMU Calmar Ratio Rank: 6
QCMU Martin Ratio Rank: 6

BRKL

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. BRKL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily QCOM Bull 2X Shares (QCMU) and Corgi BRKB 2x Daily ETF (BRKL). 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.

	QCMU	BRKL	Difference
Sharpe ratio: Return per unit of total volatility	-0.27	—	—
Sortino ratio: Return per unit of downside risk	0.31	—	—
Omega ratio: Gain probability vs. loss probability	1.04	—	—
Calmar ratio: Return relative to maximum drawdown	-0.41	—	—
Martin ratio: Return relative to average drawdown	-0.82	—	—

Drawdowns

QCMU vs. BRKL - Drawdown Comparison

The maximum QCMU drawdown since its inception was -68.70%, which is greater than BRKL's maximum drawdown of -7.03%. Use the drawdown chart below to compare losses from any high point for QCMU and BRKL.

Drawdown Indicators

	QCMU	BRKL	Difference
Max Drawdown Largest peak-to-trough decline	-68.70%	-7.03%	-61.67%
Max Drawdown (1Y) Largest decline over 1 year	-68.70%	—	—
Current Drawdown Current decline from peak	-68.70%	-0.13%	-68.57%
Average Drawdown Average peak-to-trough decline	-25.89%	-4.14%	-21.75%
Ulcer Index Depth and duration of drawdowns from previous peaks	33.86%	—	—

Volatility

Volatility by Period

	QCMU	BRKL	Difference
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%	30.99%	+75.18%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	101.91%	30.99%	+70.92%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	101.91%	30.99%	+70.92%

QCMU vs. BRKL - Expense Ratio Comparison

QCMU has a 1.07% expense ratio, which is higher than BRKL's 0.45% expense ratio.

Dividends

QCMU vs. BRKL - Dividend Comparison

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

Position	TTM	2025
BRKL Corgi BRKB 2x Daily ETF	0.00%	0.00%
QCMU Direxion Daily QCOM Bull 2X Shares	4.38%	1.57%

Frequently Asked Questions

Can I hold both QCMU and BRKL in my portfolio?

QCMU and BRKL have a correlation of -0.44, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, QCMU or BRKL?

On fees, BRKL is cheaper at 0.45% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, QCMU or BRKL?

BRKL is cheaper with a 0.45% expense ratio, compared with 1.07% for QCMU.

Which ETF pays a higher dividend yield, QCMU or BRKL?

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

What is the main difference between QCMU and BRKL?

They also come from different issuers: Direxion and Corgi. Their fees differ too: 1.07% for QCMU and 0.45% for BRKL.