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QQQU vs. MAGS
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between QQQU and MAGS is 0.83, 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: 0.8

Performance

QQQU vs. MAGS - Performance Comparison

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

0.00%20.00%40.00%60.00%80.00%100.00%NovemberDecember2025FebruaryMarchApril
22.62%
20.45%
QQQU
MAGS

Key characteristics

Sharpe Ratio

QQQU:

0.51

MAGS:

0.73

Sortino Ratio

QQQU:

1.11

MAGS:

1.21

Omega Ratio

QQQU:

1.15

MAGS:

1.16

Calmar Ratio

QQQU:

0.61

MAGS:

0.82

Martin Ratio

QQQU:

1.61

MAGS:

2.42

Ulcer Index

QQQU:

20.27%

MAGS:

10.13%

Daily Std Dev

QQQU:

64.60%

MAGS:

33.50%

Max Drawdown

QQQU:

-53.70%

MAGS:

-29.91%

Current Drawdown

QQQU:

-40.83%

MAGS:

-19.55%

Returns By Period

In the year-to-date period, QQQU achieves a -32.57% return, which is significantly lower than MAGS's -14.57% return.


QQQU

YTD

-32.57%

1M

-9.90%

6M

-16.83%

1Y

33.18%

5Y*

N/A

10Y*

N/A

MAGS

YTD

-14.57%

1M

-3.02%

6M

-4.28%

1Y

25.08%

5Y*

N/A

10Y*

N/A

*Annualized

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QQQU vs. MAGS - Expense Ratio Comparison

QQQU has a 1.07% expense ratio, which is higher than MAGS's 0.29% expense ratio.


Expense ratio chart for QQQU: current value is 1.07%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
QQQU: 1.07%
Expense ratio chart for MAGS: current value is 0.29%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
MAGS: 0.29%

Risk-Adjusted Performance

QQQU vs. MAGS — Risk-Adjusted Performance Rank

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

QQQU
The Risk-Adjusted Performance Rank of QQQU is 6363
Overall Rank
The Sharpe Ratio Rank of QQQU is 5757
Sharpe Ratio Rank
The Sortino Ratio Rank of QQQU is 7070
Sortino Ratio Rank
The Omega Ratio Rank of QQQU is 6868
Omega Ratio Rank
The Calmar Ratio Rank of QQQU is 6969
Calmar Ratio Rank
The Martin Ratio Rank of QQQU is 5252
Martin Ratio Rank

MAGS
The Risk-Adjusted Performance Rank of MAGS is 7171
Overall Rank
The Sharpe Ratio Rank of MAGS is 7070
Sharpe Ratio Rank
The Sortino Ratio Rank of MAGS is 7373
Sortino Ratio Rank
The Omega Ratio Rank of MAGS is 7171
Omega Ratio Rank
The Calmar Ratio Rank of MAGS is 7777
Calmar Ratio Rank
The Martin Ratio Rank of MAGS is 6565
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.

QQQU vs. MAGS - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily Magnificent 7 Bull 2X Shares (QQQU) and Roundhill Magnificent Seven ETF (MAGS). 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 QQQU, currently valued at 0.51, compared to the broader market-1.000.001.002.003.004.00
QQQU: 0.51
MAGS: 0.73
The chart of Sortino ratio for QQQU, currently valued at 1.11, compared to the broader market-2.000.002.004.006.008.00
QQQU: 1.11
MAGS: 1.21
The chart of Omega ratio for QQQU, currently valued at 1.15, compared to the broader market0.501.001.502.002.50
QQQU: 1.15
MAGS: 1.16
The chart of Calmar ratio for QQQU, currently valued at 0.61, compared to the broader market0.002.004.006.008.0010.0012.00
QQQU: 0.61
MAGS: 0.82
The chart of Martin ratio for QQQU, currently valued at 1.61, compared to the broader market0.0020.0040.0060.00
QQQU: 1.61
MAGS: 2.42

The current QQQU Sharpe Ratio is 0.51, which is lower than the MAGS Sharpe Ratio of 0.73. The chart below compares the historical Sharpe Ratios of QQQU and MAGS, 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 Ratio0.000.200.400.600.801.00Mar 16Mar 23Mar 30Apr 06Apr 13Apr 20
0.51
0.73
QQQU
MAGS

Dividends

QQQU vs. MAGS - Dividend Comparison

QQQU's dividend yield for the trailing twelve months is around 4.23%, more than MAGS's 0.95% yield.


Drawdowns

QQQU vs. MAGS - Drawdown Comparison

The maximum QQQU drawdown since its inception was -53.70%, which is greater than MAGS's maximum drawdown of -29.91%. Use the drawdown chart below to compare losses from any high point for QQQU and MAGS. For additional features, visit the drawdowns tool.


-50.00%-40.00%-30.00%-20.00%-10.00%0.00%NovemberDecember2025FebruaryMarchApril
-40.83%
-19.55%
QQQU
MAGS

Volatility

QQQU vs. MAGS - Volatility Comparison

Direxion Daily Magnificent 7 Bull 2X Shares (QQQU) has a higher volatility of 38.07% compared to Roundhill Magnificent Seven ETF (MAGS) at 20.39%. This indicates that QQQU's price experiences larger fluctuations and is considered to be riskier than MAGS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


5.00%10.00%15.00%20.00%25.00%30.00%35.00%40.00%NovemberDecember2025FebruaryMarchApril
38.07%
20.39%
QQQU
MAGS