QQQD vs. QGRW
QQQD (Direxion Daily Magnificent 7 Bear 1X Shares) and QGRW (WisdomTree U.S. Quality Growth Fund) are both exchange-traded funds - QQQD is a Inverse Equities fund tracking the Indxx Magnificent 7 Index (-100%), while QGRW is a Large Cap Growth Equities fund tracking the WisdomTree U.S. Quality Growth Index. Both are passively managed. Over the past year, QQQD returned -22.69% vs 35.04% for QGRW. At a correlation of -0.90, they often move in opposite directions. QQQD charges 0.57%/yr vs 0.28%/yr for QGRW.
Performance
QQQD vs. QGRW - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, QQQD achieves a -4.06% return, which is significantly lower than QGRW's 15.43% return.
QQQD
- 1D
- -1.20%
- 1M
- -2.83%
- YTD
- -4.06%
- 6M
- -3.12%
- 1Y
- -22.69%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
QGRW
- 1D
- 0.00%
- 1M
- 8.02%
- YTD
- 15.43%
- 6M
- 14.33%
- 1Y
- 35.04%
- 3Y*
- 29.12%
- 5Y*
- —
- 10Y*
- —
QQQD vs. QGRW - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
QQQD Direxion Daily Magnificent 7 Bear 1X Shares | -4.06% | -20.32% | -27.69% |
QGRW WisdomTree U.S. Quality Growth Fund | 15.43% | 19.20% | 20.40% |
Correlation
The correlation between QQQD and QGRW is -0.87, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.87 |
Correlation (All Time) Calculated using the full available price history since Mar 8, 2024 | -0.90 |
The correlation between QQQD and QGRW has been stable across timeframes, ranging from -0.90 to -0.87 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
QQQD vs. QGRW — Risk / Return Rank
QQQD
QGRW
QQQD vs. QGRW - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Direxion Daily Magnificent 7 Bear 1X Shares (QQQD) and WisdomTree U.S. Quality Growth Fund (QGRW). 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.
| QQQD | QGRW | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.15 | ||
| Sortino ratioReturn per unit of downside risk | -4.33 | ||
| Omega ratioGain probability vs. loss probability | 0.83 | 1.35 | -0.52 |
| Calmar ratioReturn relative to maximum drawdown | -0.85 | 2.28 | -3.13 |
| Martin ratioReturn relative to average drawdown | -1.28 | 8.92 | -10.20 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| QQQD | QGRW | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -1.12 | 2.02 | -3.15 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.87 | 1.65 | -2.53 |
Drawdowns
QQQD vs. QGRW - Drawdown Comparison
The maximum QQQD drawdown since its inception was -49.47%, which is greater than QGRW's maximum drawdown of -24.40%. Use the drawdown chart below to compare losses from any high point for QQQD and QGRW.
Loading charts...
Drawdown Indicators
| QQQD | QGRW | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -49.47% | -24.40% | -25.07% |
Max Drawdown (1Y)Largest decline over 1 year | -26.65% | -15.44% | -11.21% |
Max Drawdown (3Y)Largest decline over 3 years | — | -24.40% | — |
Current DrawdownCurrent decline from peak | -48.13% | -1.33% | -46.80% |
Average DrawdownAverage peak-to-trough decline | -30.37% | -3.26% | -27.11% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 17.79% | 3.94% | +13.85% |
Volatility
QQQD vs. QGRW - Volatility Comparison
Direxion Daily Magnificent 7 Bear 1X Shares (QQQD) and WisdomTree U.S. Quality Growth Fund (QGRW) have volatilities of 4.88% and 4.69%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| QQQD | QGRW | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.88% | 4.69% | +0.19% |
Volatility (6M)Calculated over the trailing 6-month period | 14.46% | 13.67% | +0.79% |
Volatility (1Y)Calculated over the trailing 1-year period | 20.24% | 17.39% | +2.85% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 26.76% | 21.07% | +5.69% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.76% | 21.07% | +5.69% |
QQQD vs. QGRW - Expense Ratio Comparison
QQQD has a 0.57% expense ratio, which is higher than QGRW's 0.28% expense ratio.
Dividends
QQQD vs. QGRW - Dividend Comparison
QQQD's dividend yield for the trailing twelve months is around 4.12%, more than QGRW's 0.07% yield.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
QGRW WisdomTree U.S. Quality Growth Fund | 0.07% | 0.09% | 0.14% | 0.11% |
QQQD Direxion Daily Magnificent 7 Bear 1X Shares | 4.12% | 4.33% | 5.17% | 0.00% |
Frequently Asked Questions
QQQD and QGRW have a correlation of -0.87, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
QQQD has higher volatility (4.88%) compared to QGRW (4.69%). In terms of maximum drawdown, QQQD dropped -49.47% vs QGRW's -24.40%.
On 1-year performance, QGRW leads with 35.04% vs -22.69% for QQQD. On fees, QGRW is cheaper at 0.28% per year. On volatility, QGRW has been the lower-risk option at 4.69%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, QGRW has performed better with a 35.04% return vs -22.69%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
QGRW is cheaper with a 0.28% expense ratio, compared with 0.57% for QQQD.
QQQD has the higher dividend yield at 4.12%, compared with 0.07% for QGRW.
QQQD is categorized as Inverse Equities, while QGRW is Large Cap Growth Equities. QQQD tracks Indxx Magnificent 7 Index (-100%), while QGRW tracks WisdomTree U.S. Quality Growth Index. They also come from different issuers: Direxion and WisdomTree. Their fees differ too: 0.57% for QQQD and 0.28% for QGRW.
QGRW currently has the higher Sharpe Ratio (2.02 vs -1.12), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for QQQD and QGRW
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer