QQQD vs. YQQQ
Compare and contrast key facts about Direxion Daily Magnificent 7 Bear 1X Shares (QQQD) and YieldMax Short N100 Option Income Strategy ETF (YQQQ).
QQQD and YQQQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. QQQD is a passively managed fund by Direxion that tracks the performance of the Indxx Magnificent 7 Index (-100%). It was launched on Mar 6, 2024. YQQQ is an actively managed fund by YieldMax. It was launched on Aug 14, 2024.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: QQQD or YQQQ.
Correlation
The correlation between QQQD and YQQQ is 0.36, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
QQQD vs. YQQQ - Performance Comparison
Key characteristics
QQQD:
28.01%
YQQQ:
15.29%
QQQD:
-36.25%
YQQQ:
-11.11%
QQQD:
-11.87%
YQQQ:
0.00%
Returns By Period
In the year-to-date period, QQQD achieves a 29.88% return, which is significantly higher than YQQQ's 11.44% return.
QQQD
29.88%
16.36%
12.87%
-5.53%
N/A
N/A
YQQQ
11.44%
6.87%
10.13%
N/A
N/A
N/A
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. YQQQ - Expense Ratio Comparison
QQQD has a 0.57% expense ratio, which is lower than YQQQ's 0.99% expense ratio.
Risk-Adjusted Performance
QQQD vs. YQQQ — Risk-Adjusted Performance Rank
QQQD
YQQQ
QQQD vs. YQQQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Direxion Daily Magnificent 7 Bear 1X Shares (QQQD) and YieldMax Short N100 Option Income Strategy ETF (YQQQ). 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.
Dividends
QQQD vs. YQQQ - Dividend Comparison
QQQD's dividend yield for the trailing twelve months is around 4.62%, less than YQQQ's 13.46% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|
Drawdowns
QQQD vs. YQQQ - Drawdown Comparison
The maximum QQQD drawdown since its inception was -36.25%, which is greater than YQQQ's maximum drawdown of -11.11%. Use the drawdown chart below to compare losses from any high point for QQQD and YQQQ. For additional features, visit the drawdowns tool.
Volatility
QQQD vs. YQQQ - Volatility Comparison
The current volatility for Direxion Daily Magnificent 7 Bear 1X Shares (QQQD) is NaN%, while YieldMax Short N100 Option Income Strategy ETF (YQQQ) has a volatility of NaN%. This indicates that QQQD experiences smaller price fluctuations and is considered to be less risky than YQQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
User Portfolios with QQQD or YQQQ
Recent discussions
Dividend Paying Stock Portfolio
4803heights
Colors of plots
A lot of the colors used in plotting multiple investments (like the stock comparison graphs) are very close to each other. It's often very difficult to distinguish between them.
Is it possible to change these colors myself? If not, is that a feature in the pipeline?
Thanks
BB
Getting Historical Performance - capped by available data?
Silverback