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QQQE vs. ITOT
Performance
Return for Risk
Dividends
Drawdowns
Volatility

QQQE vs. ITOT

Last updated Apr 2, 2026

Compare and contrast key facts about Direxion NASDAQ-100 Equal Weighted Index Shares (QQQE) and iShares Core S&P Total U.S. Stock Market ETF (ITOT).

QQQE and ITOT are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. QQQE is a passively managed fund by Direxion that tracks the performance of the NASDAQ-100 Equal Weighted Index. It was launched on Mar 21, 2012. ITOT is a passively managed fund by iShares that tracks the performance of the S&P Composite 1500 Index. It was launched on Jan 20, 2004. Both QQQE and ITOT are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

QQQE vs. ITOT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Direxion NASDAQ-100 Equal Weighted Index Shares (QQQE) and iShares Core S&P Total U.S. Stock Market ETF (ITOT). The values are adjusted to include any dividend payments, if applicable.

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QQQE vs. ITOT - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
QQQE
Direxion NASDAQ-100 Equal Weighted Index Shares		-2.88%14.58%6.98%33.76%-24.47%17.93%37.85%36.43%-5.40%26.53%
ITOT
iShares Core S&P Total U.S. Stock Market ETF		-3.31%17.00%23.80%26.12%-19.47%25.68%20.71%30.67%-5.33%21.37%

Returns By Period

In the year-to-date period, QQQE achieves a -2.88% return, which is significantly higher than ITOT's -3.31% return. Both investments have delivered pretty close results over the past 10 years, with QQQE having a 13.30% annualized return and ITOT not far ahead at 13.65%.

QQQE

1D
0.68%
1M
-4.20%
YTD
-2.88%
6M
-2.59%
1Y
13.91%
3Y*
11.84%
5Y*
6.34%
10Y*
13.30%

ITOT

1D
0.72%
1M
-4.34%
YTD
-3.31%
6M
-1.32%
1Y
18.51%
3Y*
18.11%
5Y*
10.62%
10Y*
13.65%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Compare stocks, funds, or ETFs

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

Direxion NASDAQ-100 Equal Weighted Index Shares

iShares Core S&P Total U.S. Stock Market ETF

Often compared with QQQE:
QQQE vs. QQQQQQE vs. QQQMQQQE vs. QQEWQQQE vs. TQQQQQQE vs. SPYGQQQE vs. VOOQQQE vs. SPY
Often compared with ITOT:
ITOT vs. VTIITOT vs. VOOITOT vs. SCHBITOT vs. SPYITOT vs. FSKAXITOT vs. IVVITOT vs. IXUS

QQQE vs. ITOT - Expense Ratio Comparison

QQQE has a 0.35% expense ratio, which is higher than ITOT's 0.03% expense ratio.

QQQE
Direxion NASDAQ-100 Equal Weighted Index Shares
ITOT
iShares Core S&P Total U.S. Stock Market ETF

Return for Risk

QQQE vs. ITOT — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
QQQE
QQQE Risk / Return Rank: 3939
Overall Rank
QQQE Sharpe Ratio Rank: 3434
Sharpe Ratio Rank
QQQE Sortino Ratio Rank: 3737
Sortino Ratio Rank
QQQE Omega Ratio Rank: 3838
Omega Ratio Rank
QQQE Calmar Ratio Rank: 4242
Calmar Ratio Rank
QQQE Martin Ratio Rank: 4646
Martin Ratio Rank
ITOT
ITOT Risk / Return Rank: 5959
Overall Rank
ITOT Sharpe Ratio Rank: 5353
Sharpe Ratio Rank
ITOT Sortino Ratio Rank: 5757
Sortino Ratio Rank
ITOT Omega Ratio Rank: 6060
Omega Ratio Rank
ITOT Calmar Ratio Rank: 5858
Calmar Ratio Rank
ITOT Martin Ratio Rank: 6969
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

QQQE vs. ITOT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion NASDAQ-100 Equal Weighted Index Shares (QQQE) and iShares Core S&P Total U.S. Stock Market ETF (ITOT). 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.

QQQEITOTDifference

Sharpe ratio

Return per unit of total volatility

0.68

1.00

-0.31

Sortino ratio

Return per unit of downside risk

1.13

1.52

-0.39

Omega ratio

Gain probability vs. loss probability

1.16

1.23

-0.07

Calmar ratio

Return relative to maximum drawdown

1.14

1.53

-0.40

Martin ratio

Return relative to average drawdown

4.59

7.25

-2.66

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

QQQE vs. ITOT - Sharpe Ratio Comparison

The current QQQE Sharpe Ratio is 0.68, which is lower than the ITOT Sharpe Ratio of 1.00. The chart below compares the historical Sharpe Ratios of QQQE and ITOT, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

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Sharpe Ratios by Period

QQQEITOTDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.68

1.00

-0.31

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.31

0.61

-0.30

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.64

0.75

-0.11

Sharpe Ratio (All Time)

Calculated using the full available price history

0.69

0.54

+0.15

Correlation

The correlation between QQQE and ITOT is 0.89, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

QQQE vs. ITOT - Dividend Comparison

QQQE's dividend yield for the trailing twelve months is around 0.64%, less than ITOT's 1.12% yield.

TTM20252024202320222021202020192018201720162015
QQQE
Direxion NASDAQ-100 Equal Weighted Index Shares		0.64%0.52%0.86%0.79%0.98%3.83%0.54%0.74%0.80%0.65%1.17%0.57%
ITOT
iShares Core S&P Total U.S. Stock Market ETF		1.12%1.11%1.23%1.47%1.66%1.18%1.41%1.88%2.14%1.69%1.83%2.01%

Drawdowns

QQQE vs. ITOT - Drawdown Comparison

The maximum QQQE drawdown since its inception was -32.14%, smaller than the maximum ITOT drawdown of -55.20%. Use the drawdown chart below to compare losses from any high point for QQQE and ITOT.

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Drawdown Indicators

QQQEITOTDifference

Max Drawdown

Largest peak-to-trough decline

-32.14%

-55.20%

+23.06%

Max Drawdown (1Y)

Largest decline over 1 year

-12.74%

-12.34%

-0.40%

Max Drawdown (5Y)

Largest decline over 5 years

-32.14%

-25.36%

-6.78%

Max Drawdown (10Y)

Largest decline over 10 years

-32.14%

-35.00%

+2.86%

Current Drawdown

Current decline from peak

-6.45%

-5.51%

-0.94%

Average Drawdown

Average peak-to-trough decline

-5.22%

-7.02%

+1.80%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.16%

2.61%

+0.55%

Volatility

QQQE vs. ITOT - Volatility Comparison

Direxion NASDAQ-100 Equal Weighted Index Shares (QQQE) and iShares Core S&P Total U.S. Stock Market ETF (ITOT) have volatilities of 5.64% and 5.49%, 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.

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Volatility by Period

QQQEITOTDifference

Volatility (1M)

Calculated over the trailing 1-month period

5.64%

5.49%

+0.15%

Volatility (6M)

Calculated over the trailing 6-month period

11.05%

9.78%

+1.27%

Volatility (1Y)

Calculated over the trailing 1-year period

20.47%

18.68%

+1.79%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

20.32%

17.36%

+2.96%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

20.71%

18.25%

+2.46%