QQQU vs. XOMO

Last updated Aug 2, 2026

QQQU (Direxion Daily Magnificent 7 Bull 2X Shares) and XOMO (YieldMax XOM Option Income Strategy ETF) are both exchange-traded funds - QQQU is a Leveraged Equities fund tracking the Indxx Magnificent 7 Index (200%), while XOMO is a Derivative Income fund actively managed by YieldMax. QQQU is passively managed, while XOMO is actively managed. Over the past year, QQQU returned 28.43% vs 29.93% for XOMO. Their -0.12 correlation means they have often moved in opposite directions in the past. QQQU charges 0.98%/yr vs 1.01%/yr for XOMO.

Performance

QQQU vs. XOMO - Performance Comparison

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

Returns By Period

In the year-to-date period, QQQU achieves a -5.22% return, which is significantly lower than XOMO's 20.26% return.

QQQU

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

XOMO

• 1D: -1.31%
• 1M: 10.95%
• 6M: 6.18%
• YTD: 20.26%
• 1Y: 29.93%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 7.86%

*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)
QQQU Direxion Daily Magnificent 7 Bull 2X Shares	$2.18M	$2.57M	$3.73M
XOMO YieldMax XOM Option Income Strategy ETF	$613.93K	$674.71K	$709.58K

QQQU vs. XOMO - Yearly Performance Comparison

	2026 (YTD)	2025	2024
QQQU Direxion Daily Magnificent 7 Bull 2X Shares	-5.22%	32.87%	87.67%
XOMO YieldMax XOM Option Income Strategy ETF	20.26%	6.90%	1.11%

Correlation

The correlation between QQQU and XOMO is -0.32, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	-0.32
Correlation (All Time) Calculated using the full available price history since Mar 7, 2024	-0.12

Over the past year, the inverse relationship between QQQU and XOMO has strengthened: their correlation has moved from -0.12 to -0.32, meaning they now move in opposite directions more often than their long-term average.

Return for Risk

QQQU vs. XOMO — 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

XOMO

XOMO Risk / Return Rank: 51
XOMO Sharpe Ratio Rank: 58
XOMO Sortino Ratio Rank: 53
XOMO Omega Ratio Rank: 56
XOMO Calmar Ratio Rank: 46
XOMO Martin Ratio Rank: 40

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. XOMO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily Magnificent 7 Bull 2X Shares (QQQU) and YieldMax XOM Option Income Strategy ETF (XOMO). 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	XOMO	Difference
Sharpe ratio: Return per unit of total volatility	0.46	1.37	-0.91
Sortino ratio: Return per unit of downside risk	0.91	1.87	-0.97
Omega ratio: Gain probability vs. loss probability	1.11	1.25	-0.14
Calmar ratio: Return relative to maximum drawdown	0.56	1.64	-1.08
Martin ratio: Return relative to average drawdown	1.52	4.12	-2.60

QQQU vs. XOMO - Sharpe Ratio Comparison

The current QQQU Sharpe Ratio is 0.46, which is lower than the XOMO Sharpe Ratio of 1.37. The chart below compares the historical Sharpe Ratios of QQQU and XOMO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

QQQU vs. XOMO - Drawdown Comparison

The maximum QQQU drawdown since its inception was -53.70%, which is greater than XOMO's maximum drawdown of -18.90%. Use the drawdown chart below to compare losses from any high point for QQQU and XOMO.

Drawdown Indicators

	QQQU	XOMO	Difference
Max Drawdown Largest peak-to-trough decline	-53.70%	-18.90%	-34.80%
Max Drawdown (1Y) Largest decline over 1 year	-36.29%	-17.25%	-19.04%
Current Drawdown Current decline from peak	-15.34%	-7.57%	-7.77%
Average Drawdown Average peak-to-trough decline	-13.50%	-7.50%	-6.00%
Ulcer Index Depth and duration of drawdowns from previous peaks	13.41%	6.90%	+6.51%

Volatility

QQQU vs. XOMO - Volatility Comparison

Direxion Daily Magnificent 7 Bull 2X Shares (QQQU) has a higher volatility of 16.52% compared to YieldMax XOM Option Income Strategy ETF (XOMO) at 6.19%. This indicates that QQQU's price experiences larger fluctuations and is considered to be riskier than XOMO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	QQQU	XOMO	Difference
Volatility (1M) Calculated over the trailing 1-month period	16.52%	6.19%	+10.33%
Volatility (6M) Calculated over the trailing 6-month period	34.79%	17.25%	+17.54%
Volatility (1Y) Calculated over the trailing 1-year period	44.63%	20.68%	+23.95%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	53.39%	19.20%	+34.19%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	53.39%	19.20%	+34.19%

QQQU vs. XOMO - Expense Ratio Comparison

QQQU has a 0.98% expense ratio, which is lower than XOMO's 1.01% expense ratio.

Dividends

QQQU vs. XOMO - Dividend Comparison

QQQU's dividend yield for the trailing twelve months is around 10.07%, less than XOMO's 37.04% yield.

Position	TTM	2025	2024	2023
QQQU Direxion Daily Magnificent 7 Bull 2X Shares	10.07%	9.62%	2.75%	0.00%
XOMO YieldMax XOM Option Income Strategy ETF	37.04%	31.64%	26.94%	5.13%

Frequently Asked Questions

Can I hold both QQQU and XOMO in my portfolio?

QQQU and XOMO have a correlation of -0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, QQQU or XOMO?

QQQU has higher volatility (16.52%) compared to XOMO (6.19%). In terms of maximum drawdown, QQQU dropped -53.70% vs XOMO's -18.90%.

Which ETF is better, QQQU or XOMO?

On 1-year performance, XOMO leads with 29.93% vs 28.43% for QQQU. On fees, QQQU is cheaper at 0.98% per year. On volatility, XOMO has been the lower-risk option at 6.19%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, QQQU or XOMO?

Over the 1-year period, XOMO has performed better with a 29.93% return vs 28.43%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, QQQU or XOMO?

QQQU is cheaper with a 0.98% expense ratio, compared with 1.01% for XOMO.

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

XOMO has the higher dividend yield at 37.04%, compared with 10.07% for QQQU.

What is the main difference between QQQU and XOMO?

QQQU is categorized as Leveraged Equities, while XOMO is Derivative Income. They also come from different issuers: Direxion and YieldMax. Their fees differ too: 0.98% for QQQU and 1.01% for XOMO.

Which has better risk-adjusted returns?

XOMO currently has the higher Sharpe Ratio (1.37 vs 0.46), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.