QQQU vs. BTC-USD

Last updated Apr 2, 2026

Compare and contrast key facts about Direxion Daily Magnificent 7 Bull 2X Shares (QQQU) and Bitcoin (BTC-USD).

QQQU is a passively managed fund by Direxion that tracks the performance of the The Indxx Magnificent 7 Index (200%). It was launched on Mar 6, 2024.

Performance

QQQU vs. BTC-USD - Performance Comparison

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

QQQU vs. BTC-USD - Yearly Performance Comparison

	2026 (YTD)	2025	2024
QQQU Direxion Daily Magnificent 7 Bull 2X Shares	-22.68%	32.87%	81.85%
BTC-USD Bitcoin	-21.63%	-6.27%	39.46%

Returns By Period

The year-to-date returns for both investments are quite close, with QQQU having a -22.68% return and BTC-USD slightly higher at -21.63%.

QQQU

• 1D: 2.67%
• 1M: -10.17%
• YTD: -22.68%
• 6M: -19.92%
• 1Y: 45.44%
• 3Y*: —
• 5Y*: —
• 10Y*: —

BTC-USD

• 1D: 0.51%
• 1M: -0.38%
• YTD: -21.63%
• 6M: -42.21%
• 1Y: -19.49%
• 3Y*: 34.49%
• 5Y*: 3.06%
• 10Y*: 66.45%

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

Return for Risk

QQQU vs. BTC-USD — Risk / Return Rank

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

QQQU

QQQU Risk / Return Rank: 48
QQQU Sharpe Ratio Rank: 42
QQQU Sortino Ratio Rank: 55
QQQU Omega Ratio Rank: 49
QQQU Calmar Ratio Rank: 52
QQQU Martin Ratio Rank: 45

BTC-USD

BTC-USD Risk / Return Rank: 43
BTC-USD Sharpe Ratio Rank: 61
BTC-USD Sortino Ratio Rank: 55
BTC-USD Omega Ratio Rank: 51
BTC-USD Calmar Ratio Rank: 43
BTC-USD Martin Ratio Rank: 4

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.

QQQU vs. BTC-USD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily Magnificent 7 Bull 2X Shares (QQQU) and Bitcoin (BTC-USD). 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.

	QQQU	BTC-USD	Difference
Sharpe ratio Return per unit of total volatility	0.82	-0.44	+1.27
Sortino ratio Return per unit of downside risk	1.49	-0.38	+1.87
Omega ratio Gain probability vs. loss probability	1.20	0.96	+0.24
Calmar ratio Return relative to maximum drawdown	1.40	-1.11	+2.51
Martin ratio Return relative to average drawdown	4.44	-1.99	+6.43
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

QQQU vs. BTC-USD - Sharpe Ratio Comparison

The current QQQU Sharpe Ratio is 0.82, which is higher than the BTC-USD Sharpe Ratio of -0.44. The chart below compares the historical Sharpe Ratios of QQQU and BTC-USD, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	QQQU	BTC-USD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.82	-0.44	+1.27
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.05	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.97	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.66	1.19	-0.53

Correlation

The correlation between QQQU and BTC-USD is 0.27, 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.

Drawdowns

QQQU vs. BTC-USD - Drawdown Comparison

The maximum QQQU drawdown since its inception was -53.70%, smaller than the maximum BTC-USD drawdown of -85.30%. Use the drawdown chart below to compare losses from any high point for QQQU and BTC-USD.

Drawdown Indicators

	QQQU	BTC-USD	Difference
Max Drawdown Largest peak-to-trough decline	-53.70%	-85.30%	+31.60%
Max Drawdown (1Y) Largest decline over 1 year	-36.29%	-49.65%	+13.36%
Max Drawdown (5Y) Largest decline over 5 years	—	-76.67%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-83.80%	—
Current Drawdown Current decline from peak	-28.64%	-45.02%	+16.38%
Average Drawdown Average peak-to-trough decline	-13.68%	-41.99%	+28.31%
Ulcer Index Depth and duration of drawdowns from previous peaks	11.44%	27.60%	-16.16%

Volatility

QQQU vs. BTC-USD - Volatility Comparison

Direxion Daily Magnificent 7 Bull 2X Shares (QQQU) has a higher volatility of 16.87% compared to Bitcoin (BTC-USD) at 13.58%. This indicates that QQQU's price experiences larger fluctuations and is considered to be riskier than BTC-USD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	QQQU	BTC-USD	Difference
Volatility (1M) Calculated over the trailing 1-month period	16.87%	13.58%	+3.29%
Volatility (6M) Calculated over the trailing 6-month period	31.03%	35.98%	-4.95%
Volatility (1Y) Calculated over the trailing 1-year period	55.55%	36.76%	+18.79%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	54.08%	46.90%	+7.18%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	54.08%	56.70%	-2.62%