QQQU vs. MAGX

In the year-to-date period, QQQU achieves a -14.56% return, which is significantly higher than MAGX's -16.18% return.

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QQQU has a 1.07% expense ratio, which is higher than MAGX's 0.95% expense ratio.

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily Magnificent 7 Bull 2X Shares (QQQU) and Roundhill Daily 2X Long Magnificent Seven ETF (MAGX). 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 current QQQU Sharpe Ratio is 0.68, which is comparable to the MAGX Sharpe Ratio of 0.58. The chart below compares the historical Sharpe Ratios of QQQU and MAGX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

QQQU's dividend yield for the trailing twelve months is around 3.34%, more than MAGX's 1.02% yield.

The maximum QQQU drawdown since its inception was -53.70%, roughly equal to the maximum MAGX drawdown of -54.18%. Use the drawdown chart below to compare losses from any high point for QQQU and MAGX. For additional features, visit the drawdowns tool.

Direxion Daily Magnificent 7 Bull 2X Shares (QQQU) and Roundhill Daily 2X Long Magnificent Seven ETF (MAGX) have volatilities of 19.08% and 19.60%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.