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QQQD vs. MAGX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between QQQD and MAGX is -0.99. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.


-0.50.00.51.0
Correlation: -1.0

Performance

QQQD vs. MAGX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Direxion Daily Magnificent 7 Bear 1X Shares (QQQD) and Roundhill Daily 2X Long Magnificent Seven ETF (MAGX). The values are adjusted to include any dividend payments, if applicable.

-40.00%-20.00%0.00%20.00%40.00%60.00%80.00%100.00%NovemberDecember2025FebruaryMarchApril
-6.08%
-3.14%
QQQD
MAGX

Key characteristics

Sharpe Ratio

QQQD:

-0.21

MAGX:

-0.05

Sortino Ratio

QQQD:

-0.12

MAGX:

0.31

Omega Ratio

QQQD:

0.99

MAGX:

1.04

Calmar Ratio

QQQD:

-0.16

MAGX:

-0.05

Martin Ratio

QQQD:

-0.26

MAGX:

-0.16

Ulcer Index

QQQD:

22.83%

MAGX:

17.18%

Daily Std Dev

QQQD:

28.01%

MAGX:

55.83%

Max Drawdown

QQQD:

-36.25%

MAGX:

-51.36%

Current Drawdown

QQQD:

-11.87%

MAGX:

-51.36%

Returns By Period

In the year-to-date period, QQQD achieves a 29.88% return, which is significantly higher than MAGX's -44.78% return.


QQQD

YTD

29.88%

1M

19.52%

6M

12.87%

1Y

-6.58%

5Y*

N/A

10Y*

N/A

MAGX

YTD

-44.78%

1M

-33.31%

6M

-28.85%

1Y

-1.37%

5Y*

N/A

10Y*

N/A

*Annualized

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


QQQD vs. MAGX - Expense Ratio Comparison

QQQD has a 0.57% expense ratio, which is lower than MAGX's 0.95% expense ratio.


MAGX
Roundhill Daily 2X Long Magnificent Seven ETF
Expense ratio chart for MAGX: 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%
MAGX: 0.95%
Expense ratio chart for QQQD: current value is 0.57%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
QQQD: 0.57%

Risk-Adjusted Performance

QQQD vs. MAGX — Risk-Adjusted Performance Rank

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

QQQD
The Risk-Adjusted Performance Rank of QQQD is 2929
Overall Rank
The Sharpe Ratio Rank of QQQD is 2525
Sharpe Ratio Rank
The Sortino Ratio Rank of QQQD is 2727
Sortino Ratio Rank
The Omega Ratio Rank of QQQD is 2828
Omega Ratio Rank
The Calmar Ratio Rank of QQQD is 2727
Calmar Ratio Rank
The Martin Ratio Rank of QQQD is 3535
Martin Ratio Rank

MAGX
The Risk-Adjusted Performance Rank of MAGX is 3232
Overall Rank
The Sharpe Ratio Rank of MAGX is 2828
Sharpe Ratio Rank
The Sortino Ratio Rank of MAGX is 3939
Sortino Ratio Rank
The Omega Ratio Rank of MAGX is 3939
Omega Ratio Rank
The Calmar Ratio Rank of MAGX is 2727
Calmar Ratio Rank
The Martin Ratio Rank of MAGX is 2828
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.

QQQD vs. MAGX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily Magnificent 7 Bear 1X Shares (QQQD) and Roundhill Daily 2X Long Magnificent Seven ETF (MAGX). 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.


Sharpe ratio
The chart of Sharpe ratio for QQQD, currently valued at -0.21, compared to the broader market-1.000.001.002.003.004.005.00
QQQD: -0.21
MAGX: -0.05
The chart of Sortino ratio for QQQD, currently valued at -0.12, compared to the broader market-2.000.002.004.006.008.0010.00
QQQD: -0.12
MAGX: 0.31
The chart of Omega ratio for QQQD, currently valued at 0.99, compared to the broader market0.501.001.502.002.50
QQQD: 0.99
MAGX: 1.04
The chart of Calmar ratio for QQQD, currently valued at -0.16, compared to the broader market0.005.0010.0015.00
QQQD: -0.16
MAGX: -0.05
The chart of Martin ratio for QQQD, currently valued at -0.26, compared to the broader market0.0020.0040.0060.0080.00100.00
QQQD: -0.26
MAGX: -0.16

The current QQQD Sharpe Ratio is -0.21, which is lower than the MAGX Sharpe Ratio of -0.05. The chart below compares the historical Sharpe Ratios of QQQD and MAGX, 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-0.500.000.50Thu 13Sat 15Mon 17Wed 19Fri 21Mar 23Tue 25Thu 27Sat 29Mon 31Wed 02Fri 04
-0.21
-0.05
QQQD
MAGX

Dividends

QQQD vs. MAGX - Dividend Comparison

QQQD's dividend yield for the trailing twelve months is around 4.62%, more than MAGX's 1.59% yield.


TTM2024
QQQD
Direxion Daily Magnificent 7 Bear 1X Shares
4.62%5.17%
MAGX
Roundhill Daily 2X Long Magnificent Seven ETF
1.59%0.88%

Drawdowns

QQQD vs. MAGX - Drawdown Comparison

The maximum QQQD drawdown since its inception was -36.25%, smaller than the maximum MAGX drawdown of -51.36%. Use the drawdown chart below to compare losses from any high point for QQQD and MAGX. For additional features, visit the drawdowns tool.


-50.00%-40.00%-30.00%-20.00%-10.00%0.00%NovemberDecember2025FebruaryMarchApril
-11.87%
-51.36%
QQQD
MAGX

Volatility

QQQD vs. MAGX - Volatility Comparison

The current volatility for Direxion Daily Magnificent 7 Bear 1X Shares (QQQD) is 13.10%, while Roundhill Daily 2X Long Magnificent Seven ETF (MAGX) has a volatility of 26.69%. This indicates that QQQD experiences smaller price fluctuations and is considered to be less risky than MAGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


5.00%10.00%15.00%20.00%25.00%NovemberDecember2025FebruaryMarchApril
13.10%
26.69%
QQQD
MAGX
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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