QQXL vs. XDSQ
QQXL (ProShares Ultra QQQ Top 30) and XDSQ (Innovator US Equity Accelerated ETF) are both Leveraged Equities funds. Both are actively managed. Their correlation of 0.81 suggests significant overlap in exposure. QQXL charges 0.95%/yr vs 0.79%/yr for XDSQ.
Performance
QQXL vs. XDSQ - Performance Comparison
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Returns By Period
In the year-to-date period, QQXL achieves a 29.93% return, which is significantly higher than XDSQ's 3.09% return.
QQXL
- 1D
- 1.80%
- 1M
- -7.57%
- YTD
- 29.93%
- 6M
- 25.57%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
XDSQ
- 1D
- -0.01%
- 1M
- 0.67%
- YTD
- 3.09%
- 6M
- 1.78%
- 1Y
- 14.87%
- 3Y*
- 14.49%
- 5Y*
- 9.69%
- 10Y*
- —
QQXL vs. XDSQ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
QQXL ProShares Ultra QQQ Top 30 | 29.93% | 9.00% |
XDSQ Innovator US Equity Accelerated ETF | 3.09% | 6.88% |
Correlation
The correlation between QQXL and XDSQ is 0.81, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Aug 15, 2025 | 0.81 |
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Return for Risk
QQXL vs. XDSQ — Risk / Return Rank
QQXL
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
XDSQ
QQXL vs. XDSQ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares Ultra QQQ Top 30 (QQXL) and Innovator US Equity Accelerated ETF (XDSQ). 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.
| QQXL | XDSQ | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.30 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 1.56 | — |
| Martin ratioReturn relative to average drawdown | — | 7.42 | — |
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Drawdowns
QQXL vs. XDSQ - Drawdown Comparison
The maximum QQXL drawdown since its inception was -27.34%, roughly equal to the maximum XDSQ drawdown of -26.06%. Use the drawdown chart below to compare losses from any high point for QQXL and XDSQ.
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Drawdown Indicators
| QQXL | XDSQ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -27.34% | -26.06% | -1.28% |
Max Drawdown (1Y)Largest decline over 1 year | — | -9.60% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -19.15% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -26.06% | — |
Current DrawdownCurrent decline from peak | -10.07% | -0.01% | -10.06% |
Average DrawdownAverage peak-to-trough decline | -6.81% | -4.91% | -1.90% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 2.01% | — |
Volatility
QQXL vs. XDSQ - Volatility Comparison
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Volatility by Period
| QQXL | XDSQ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 0.59% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 7.96% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 40.52% | 10.50% | +30.02% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 40.52% | 15.28% | +25.24% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 40.52% | 15.01% | +25.51% |
QQXL vs. XDSQ - Expense Ratio Comparison
QQXL has a 0.95% expense ratio, which is higher than XDSQ's 0.79% expense ratio.
Dividends
QQXL vs. XDSQ - Dividend Comparison
QQXL's dividend yield for the trailing twelve months is around 0.78%, while XDSQ has not paid dividends to shareholders.
| Position | TTM | 2025 |
|---|---|---|
QQXL ProShares Ultra QQQ Top 30 | 0.78% | 0.08% |
XDSQ Innovator US Equity Accelerated ETF | 0.00% | 0.00% |
Frequently Asked Questions
QQXL and XDSQ have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, XDSQ is cheaper at 0.79% per year. The better choice depends on whether you care most about return, fees, risk, or income.
XDSQ is cheaper with a 0.79% expense ratio, compared with 0.95% for QQXL.
QQXL has the higher dividend yield at 0.78%, compared with 0.00% for XDSQ.
They also come from different issuers: ProShares and Innovator. Their fees differ too: 0.95% for QQXL and 0.79% for XDSQ.
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