QQQU vs. IFED
Compare and contrast key facts about Direxion Daily Magnificent 7 Bull 2X Shares (QQQU) and ETRACS IFED Invest with the Fed TR Index ETN (IFED).
QQQU and IFED are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. IFED is a passively managed fund by UBS that tracks the performance of the IFED Large-Cap US Equity Index - Benchmark TR Gross. It was launched on Sep 14, 2021. Both QQQU and IFED 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
QQQU vs. IFED - Performance Comparison
Loading graphics...
QQQU vs. IFED - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
QQQU Direxion Daily Magnificent 7 Bull 2X Shares | -22.68% | 32.87% | 81.85% |
IFED ETRACS IFED Invest with the Fed TR Index ETN | -10.58% | 15.02% | 11.33% |
Returns By Period
In the year-to-date period, QQQU achieves a -22.68% return, which is significantly lower than IFED's -10.58% return.
QQQU
- 1D
- 2.67%
- 1M
- -10.17%
- YTD
- -22.68%
- 6M
- -19.92%
- 1Y
- 45.44%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
IFED
- 1D
- 0.13%
- 1M
- -5.40%
- YTD
- -10.58%
- 6M
- -10.82%
- 1Y
- 5.31%
- 3Y*
- 14.88%
- 5Y*
- —
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
QQQU vs. IFED - Expense Ratio Comparison
QQQU has a 1.07% expense ratio, which is higher than IFED's 0.45% expense ratio.
Return for Risk
QQQU vs. IFED — Risk / Return Rank
QQQU
IFED
QQQU vs. IFED - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Direxion Daily Magnificent 7 Bull 2X Shares (QQQU) and ETRACS IFED Invest with the Fed TR Index ETN (IFED). 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 | IFED | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.82 | 0.28 | +0.54 |
Sortino ratioReturn per unit of downside risk | 1.49 | 0.51 | +0.98 |
Omega ratioGain probability vs. loss probability | 1.20 | 1.07 | +0.13 |
Calmar ratioReturn relative to maximum drawdown | 1.40 | 0.38 | +1.02 |
Martin ratioReturn relative to average drawdown | 4.44 | 1.18 | +3.26 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| QQQU | IFED | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.82 | 0.28 | +0.54 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.66 | 0.58 | +0.08 |
Correlation
The correlation between QQQU and IFED is 0.54, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Dividends
QQQU vs. IFED - Dividend Comparison
QQQU's dividend yield for the trailing twelve months is around 12.41%, while IFED has not paid dividends to shareholders.
| TTM | 2025 | 2024 | |
|---|---|---|---|
QQQU Direxion Daily Magnificent 7 Bull 2X Shares | 12.41% | 9.62% | 2.75% |
IFED ETRACS IFED Invest with the Fed TR Index ETN | 0.00% | 0.00% | 0.00% |
Drawdowns
QQQU vs. IFED - Drawdown Comparison
The maximum QQQU drawdown since its inception was -53.70%, which is greater than IFED's maximum drawdown of -22.36%. Use the drawdown chart below to compare losses from any high point for QQQU and IFED.
Loading graphics...
Drawdown Indicators
| QQQU | IFED | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -53.70% | -22.36% | -31.34% |
Max Drawdown (1Y)Largest decline over 1 year | -36.29% | -14.65% | -21.64% |
Current DrawdownCurrent decline from peak | -28.64% | -12.41% | -16.23% |
Average DrawdownAverage peak-to-trough decline | -13.68% | -5.71% | -7.97% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.44% | 4.70% | +6.74% |
Volatility
QQQU vs. IFED - Volatility Comparison
Direxion Daily Magnificent 7 Bull 2X Shares (QQQU) has a higher volatility of 16.87% compared to ETRACS IFED Invest with the Fed TR Index ETN (IFED) at 4.93%. This indicates that QQQU's price experiences larger fluctuations and is considered to be riskier than IFED based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| QQQU | IFED | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.87% | 4.93% | +11.94% |
Volatility (6M)Calculated over the trailing 6-month period | 31.03% | 10.82% | +20.21% |
Volatility (1Y)Calculated over the trailing 1-year period | 55.55% | 18.80% | +36.75% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 54.08% | 19.71% | +34.37% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 54.08% | 19.71% | +34.37% |