QQQU vs. BRKL

Last updated Aug 2, 2026

QQQU (Direxion Daily Magnificent 7 Bull 2X Shares) and BRKL (Corgi BRKB 2x Daily ETF) are both Leveraged Equities funds. QQQU is passively managed, while BRKL is actively managed. Their -0.13 correlation means they have often moved in opposite directions in the past. QQQU charges 0.98%/yr vs 0.45%/yr for BRKL.

Performance

QQQU vs. BRKL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Direxion Daily Magnificent 7 Bull 2X Shares (QQQU) and Corgi BRKB 2x Daily ETF (BRKL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

QQQU

• 1D: 6.85%
• 1M: 2.17%
• 6M: -5.40%
• YTD: -5.22%
• 1Y: 28.43%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 43.14%

BRKL

• 1D: 0.85%
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
BRKL Corgi BRKB 2x Daily ETF	$853.16	$14.75K	$14.75K
QQQU Direxion Daily Magnificent 7 Bull 2X Shares	$2.18M	$2.57M	$3.73M

QQQU vs. BRKL - Yearly Performance Comparison

	2026 (YTD)
QQQU Direxion Daily Magnificent 7 Bull 2X Shares	-1.73%
BRKL Corgi BRKB 2x Daily ETF	1.48%

Correlation

The correlation between QQQU and BRKL is -0.13, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 7, 2026	-0.13

Return for Risk

QQQU vs. BRKL — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

QQQU

QQQU Risk / Return Rank: 23
QQQU Sharpe Ratio Rank: 22
QQQU Sortino Ratio Rank: 25
QQQU Omega Ratio Rank: 24
QQQU Calmar Ratio Rank: 21
QQQU Martin Ratio Rank: 22

BRKL

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

QQQU vs. BRKL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily Magnificent 7 Bull 2X Shares (QQQU) and Corgi BRKB 2x Daily ETF (BRKL). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	QQQU	BRKL	Difference
Sharpe ratio: Return per unit of total volatility	0.46	—	—
Sortino ratio: Return per unit of downside risk	0.91	—	—
Omega ratio: Gain probability vs. loss probability	1.11	—	—
Calmar ratio: Return relative to maximum drawdown	0.56	—	—
Martin ratio: Return relative to average drawdown	1.52	—	—

Drawdowns

QQQU vs. BRKL - Drawdown Comparison

The maximum QQQU drawdown since its inception was -53.70%, which is greater than BRKL's maximum drawdown of -7.03%. Use the drawdown chart below to compare losses from any high point for QQQU and BRKL.

Drawdown Indicators

	QQQU	BRKL	Difference
Max Drawdown Largest peak-to-trough decline	-53.70%	-7.03%	-46.67%
Max Drawdown (1Y) Largest decline over 1 year	-36.29%	—	—
Current Drawdown Current decline from peak	-15.34%	-0.13%	-15.21%
Average Drawdown Average peak-to-trough decline	-13.50%	-4.14%	-9.36%
Ulcer Index Depth and duration of drawdowns from previous peaks	13.41%	—	—

Volatility

Volatility by Period

	QQQU	BRKL	Difference
Volatility (1M) Calculated over the trailing 1-month period	16.52%	—	—
Volatility (6M) Calculated over the trailing 6-month period	34.79%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	44.63%	30.99%	+13.64%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	53.39%	30.99%	+22.40%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	53.39%	30.99%	+22.40%

QQQU vs. BRKL - Expense Ratio Comparison

QQQU has a 0.98% expense ratio, which is higher than BRKL's 0.45% expense ratio.

Dividends

QQQU vs. BRKL - Dividend Comparison

QQQU's dividend yield for the trailing twelve months is around 10.07%, while BRKL has not paid dividends to shareholders.

Position	TTM	2025	2024
BRKL Corgi BRKB 2x Daily ETF	0.00%	0.00%	0.00%
QQQU Direxion Daily Magnificent 7 Bull 2X Shares	10.07%	9.62%	2.75%

Frequently Asked Questions

Can I hold both QQQU and BRKL in my portfolio?

QQQU and BRKL have a correlation of -0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, QQQU or BRKL?

On fees, BRKL is cheaper at 0.45% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, QQQU or BRKL?

BRKL is cheaper with a 0.45% expense ratio, compared with 0.98% for QQQU.

Which ETF pays a higher dividend yield, QQQU or BRKL?

QQQU has the higher dividend yield at 10.07%, compared with 0.00% for BRKL.

What is the main difference between QQQU and BRKL?

They also come from different issuers: Direxion and Corgi. Their fees differ too: 0.98% for QQQU and 0.45% for BRKL.