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QQQE vs. VOO
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between QQQE and VOO is 0.88, 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.


-0.50.00.51.0
Correlation: 0.9

Performance

QQQE vs. VOO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Direxion NASDAQ-100 Equal Weighted Index Shares (QQQE) and Vanguard S&P 500 ETF (VOO). The values are adjusted to include any dividend payments, if applicable.

340.00%360.00%380.00%400.00%420.00%440.00%460.00%NovemberDecember2025FebruaryMarchApril
402.14%
400.95%
QQQE
VOO

Key characteristics

Sharpe Ratio

QQQE:

0.15

VOO:

0.54

Sortino Ratio

QQQE:

0.36

VOO:

0.88

Omega Ratio

QQQE:

1.05

VOO:

1.13

Calmar Ratio

QQQE:

0.15

VOO:

0.55

Martin Ratio

QQQE:

0.55

VOO:

2.27

Ulcer Index

QQQE:

5.78%

VOO:

4.55%

Daily Std Dev

QQQE:

21.45%

VOO:

19.19%

Max Drawdown

QQQE:

-32.14%

VOO:

-33.99%

Current Drawdown

QQQE:

-11.35%

VOO:

-9.90%

Returns By Period

In the year-to-date period, QQQE achieves a -3.24% return, which is significantly higher than VOO's -5.74% return. Over the past 10 years, QQQE has underperformed VOO with an annualized return of 11.29%, while VOO has yielded a comparatively higher 12.07% annualized return.


QQQE

YTD

-3.24%

1M

-3.59%

6M

-3.98%

1Y

2.86%

5Y*

12.49%

10Y*

11.29%

VOO

YTD

-5.74%

1M

-3.16%

6M

-4.28%

1Y

10.88%

5Y*

16.04%

10Y*

12.07%

*Annualized

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QQQE vs. VOO - Expense Ratio Comparison

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


Expense ratio chart for QQQE: current value is 0.35%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
QQQE: 0.35%
Expense ratio chart for VOO: current value is 0.03%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
VOO: 0.03%

Risk-Adjusted Performance

QQQE vs. VOO — Risk-Adjusted Performance Rank

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

QQQE
The Risk-Adjusted Performance Rank of QQQE is 3131
Overall Rank
The Sharpe Ratio Rank of QQQE is 2929
Sharpe Ratio Rank
The Sortino Ratio Rank of QQQE is 3030
Sortino Ratio Rank
The Omega Ratio Rank of QQQE is 3030
Omega Ratio Rank
The Calmar Ratio Rank of QQQE is 3232
Calmar Ratio Rank
The Martin Ratio Rank of QQQE is 3131
Martin Ratio Rank

VOO
The Risk-Adjusted Performance Rank of VOO is 6161
Overall Rank
The Sharpe Ratio Rank of VOO is 5959
Sharpe Ratio Rank
The Sortino Ratio Rank of VOO is 5959
Sortino Ratio Rank
The Omega Ratio Rank of VOO is 6161
Omega Ratio Rank
The Calmar Ratio Rank of VOO is 6464
Calmar Ratio Rank
The Martin Ratio Rank of VOO is 6363
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.

QQQE vs. VOO - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion NASDAQ-100 Equal Weighted Index Shares (QQQE) and Vanguard S&P 500 ETF (VOO). 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.


The chart of Sharpe ratio for QQQE, currently valued at 0.15, compared to the broader market-1.000.001.002.003.004.00
QQQE: 0.15
VOO: 0.54
The chart of Sortino ratio for QQQE, currently valued at 0.36, compared to the broader market-2.000.002.004.006.008.00
QQQE: 0.36
VOO: 0.88
The chart of Omega ratio for QQQE, currently valued at 1.05, compared to the broader market0.501.001.502.002.50
QQQE: 1.05
VOO: 1.13
The chart of Calmar ratio for QQQE, currently valued at 0.15, compared to the broader market0.002.004.006.008.0010.0012.00
QQQE: 0.15
VOO: 0.55
The chart of Martin ratio for QQQE, currently valued at 0.55, compared to the broader market0.0020.0040.0060.00
QQQE: 0.55
VOO: 2.27

The current QQQE Sharpe Ratio is 0.15, which is lower than the VOO Sharpe Ratio of 0.54. The chart below compares the historical Sharpe Ratios of QQQE and VOO, 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-1.000.001.002.003.004.00NovemberDecember2025FebruaryMarchApril
0.15
0.54
QQQE
VOO

Dividends

QQQE vs. VOO - Dividend Comparison

QQQE's dividend yield for the trailing twelve months is around 0.74%, less than VOO's 1.38% yield.


TTM20242023202220212020201920182017201620152014
QQQE
Direxion NASDAQ-100 Equal Weighted Index Shares
0.74%0.86%0.79%0.97%3.83%0.54%0.74%0.80%0.65%1.17%0.75%1.36%
VOO
Vanguard S&P 500 ETF
1.38%1.24%1.46%1.69%1.25%1.54%1.88%2.06%1.78%2.02%2.10%1.85%

Drawdowns

QQQE vs. VOO - Drawdown Comparison

The maximum QQQE drawdown since its inception was -32.14%, smaller than the maximum VOO drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for QQQE and VOO. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%NovemberDecember2025FebruaryMarchApril
-11.35%
-9.90%
QQQE
VOO

Volatility

QQQE vs. VOO - Volatility Comparison

Direxion NASDAQ-100 Equal Weighted Index Shares (QQQE) has a higher volatility of 15.31% compared to Vanguard S&P 500 ETF (VOO) at 13.96%. This indicates that QQQE's price experiences larger fluctuations and is considered to be riskier than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%5.00%10.00%15.00%NovemberDecember2025FebruaryMarchApril
15.31%
13.96%
QQQE
VOO