ROCQ vs. GUSH
ROCQ (JPMorgan Nasdaq Equity Premium Yield ETF) and GUSH (Direxion Daily S&P Oil & Gas Exploration & Production Bull 2x Shares) are both exchange-traded funds - ROCQ is a Nasdaq-100 fund actively managed by JPMorgan, while GUSH is a Leveraged Equities fund tracking the S&P Oil & Gas Exploration & Production Select Industry Index (300%). ROCQ is actively managed, while GUSH is passively managed. Their -0.35 correlation means they have often moved in opposite directions in the past. ROCQ charges 0.35%/yr vs 1.17%/yr for GUSH.
Performance
ROCQ vs. GUSH - Performance Comparison
Loading charts...
Returns By Period
ROCQ
- 1D
- 0.57%
- 1M
- -1.59%
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
GUSH
- 1D
- 2.66%
- 1M
- 29.75%
- 6M
- 50.64%
- YTD
- 84.27%
- 1Y
- 87.82%
- 3Y*
- 5.22%
- 5Y*
- 20.49%
- 10Y*
- -34.13%
- ALL TIME*
- -41.90%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $34.81M | $32.68M | $31.93M | |
| $13.25M | $10.81M | $11.79M |
ROCQ vs. GUSH - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
ROCQ JPMorgan Nasdaq Equity Premium Yield ETF | 13.59% |
GUSH Direxion Daily S&P Oil & Gas Exploration & Production Bull 2x Shares | 0.54% |
Correlation
The correlation between ROCQ and GUSH is -0.35, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Mar 19, 2026 | -0.35 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
ROCQ vs. GUSH — Risk / Return Rank
ROCQ
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
GUSH
ROCQ vs. GUSH - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for JPMorgan Nasdaq Equity Premium Yield ETF (ROCQ) and Direxion Daily S&P Oil & Gas Exploration & Production Bull 2x Shares (GUSH). 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.
| ROCQ | GUSH | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.22 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 2.07 | — |
| Martin ratioReturn relative to average drawdown | — | 4.68 | — |
Loading charts...
Drawdowns
ROCQ vs. GUSH - Drawdown Comparison
The maximum ROCQ drawdown since its inception was -8.05%, smaller than the maximum GUSH drawdown of -99.98%. Use the drawdown chart below to compare losses from any high point for ROCQ and GUSH.
Loading charts...
Drawdown Indicators
| ROCQ | GUSH | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -8.05% | -99.98% | +91.93% |
Max Drawdown (1Y)Largest decline over 1 year | — | -36.18% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -63.59% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -73.64% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -99.94% | — |
Current DrawdownCurrent decline from peak | -4.27% | -99.77% | +95.50% |
Average DrawdownAverage peak-to-trough decline | -1.57% | -92.98% | +91.41% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 16.04% | — |
Volatility
ROCQ vs. GUSH - Volatility Comparison
Loading charts...
Volatility by Period
| ROCQ | GUSH | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 16.40% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 45.15% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 20.01% | 56.92% | -36.91% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.01% | 67.48% | -47.47% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.01% | 92.83% | -72.82% |
ROCQ vs. GUSH - Expense Ratio Comparison
ROCQ has a 0.35% expense ratio, which is lower than GUSH's 1.17% expense ratio.
Dividends
ROCQ vs. GUSH - Dividend Comparison
ROCQ's dividend yield for the trailing twelve months is around 3.08%, more than GUSH's 1.18% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
GUSH Direxion Daily S&P Oil & Gas Exploration & Production Bull 2x Shares | 1.18% | 2.60% | 2.96% | 3.00% | 0.47% | 0.00% | 0.20% | 1.68% | 0.17% | 0.00% | 3.26% |
ROCQ JPMorgan Nasdaq Equity Premium Yield ETF | 3.08% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
ROCQ and GUSH have a correlation of -0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, ROCQ is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.
ROCQ is cheaper with a 0.35% expense ratio, compared with 1.17% for GUSH.
ROCQ has the higher dividend yield at 3.08%, compared with 1.18% for GUSH.
ROCQ is categorized as Nasdaq-100, while GUSH is Leveraged Equities. They also come from different issuers: JPMorgan and Direxion. Their fees differ too: 0.35% for ROCQ and 1.17% for GUSH.
Find the right allocation for ROCQ and GUSH
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer