SPUU vs. XDQQ
Compare and contrast key facts about Direxion Daily S&P 500 Bull 2x Shares (SPUU) and Innovator Growth Accelerated ETF - Quarterly (XDQQ).
SPUU and XDQQ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SPUU is a passively managed fund by Direxion that tracks the performance of the S&P 500 Index (200%). It was launched on May 28, 2014. XDQQ is an actively managed fund by Innovator. It was launched on Apr 1, 2021.
Performance
SPUU vs. XDQQ - Performance Comparison
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SPUU vs. XDQQ - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
SPUU Direxion Daily S&P 500 Bull 2x Shares | -8.72% | 26.55% | 44.25% | 47.28% | -38.72% | 40.83% |
XDQQ Innovator Growth Accelerated ETF - Quarterly | -5.48% | 13.75% | 31.47% | 30.15% | -33.74% | 18.29% |
Returns By Period
In the year-to-date period, SPUU achieves a -8.72% return, which is significantly lower than XDQQ's -5.48% return.
SPUU
- 1D
- 1.43%
- 1M
- -9.19%
- YTD
- -8.72%
- 6M
- -6.20%
- 1Y
- 28.11%
- 3Y*
- 29.46%
- 5Y*
- 16.19%
- 10Y*
- 21.84%
XDQQ
- 1D
- 1.03%
- 1M
- -5.50%
- YTD
- -5.48%
- 6M
- -1.65%
- 1Y
- 16.74%
- 3Y*
- 17.89%
- 5Y*
- —
- 10Y*
- —
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SPUU vs. XDQQ - Expense Ratio Comparison
SPUU has a 0.64% expense ratio, which is lower than XDQQ's 0.79% expense ratio.
Return for Risk
SPUU vs. XDQQ — Risk / Return Rank
SPUU
XDQQ
SPUU vs. XDQQ - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Direxion Daily S&P 500 Bull 2x Shares (SPUU) and Innovator Growth Accelerated ETF - Quarterly (XDQQ). 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.
| SPUU | XDQQ | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.78 | 0.78 | -0.01 |
Sortino ratioReturn per unit of downside risk | 1.29 | 1.27 | +0.02 |
Omega ratioGain probability vs. loss probability | 1.19 | 1.20 | -0.01 |
Calmar ratioReturn relative to maximum drawdown | 1.25 | 1.38 | -0.12 |
Martin ratioReturn relative to average drawdown | 5.36 | 6.03 | -0.67 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| SPUU | XDQQ | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.78 | 0.78 | -0.01 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.49 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.61 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.56 | 0.38 | +0.18 |
Correlation
The correlation between SPUU and XDQQ is 0.90, 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.
Dividends
SPUU vs. XDQQ - Dividend Comparison
SPUU's dividend yield for the trailing twelve months is around 1.76%, while XDQQ has not paid dividends to shareholders.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SPUU Direxion Daily S&P 500 Bull 2x Shares | 1.76% | 1.63% | 0.55% | 0.83% | 0.88% | 3.04% | 8.03% | 1.80% | 5.50% | 6.96% | 8.08% | 4.42% |
XDQQ Innovator Growth Accelerated ETF - Quarterly | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
SPUU vs. XDQQ - Drawdown Comparison
The maximum SPUU drawdown since its inception was -59.35%, which is greater than XDQQ's maximum drawdown of -35.63%. Use the drawdown chart below to compare losses from any high point for SPUU and XDQQ.
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Drawdown Indicators
| SPUU | XDQQ | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -59.35% | -35.63% | -23.72% |
Max Drawdown (1Y)Largest decline over 1 year | -23.10% | -12.64% | -10.46% |
Max Drawdown (5Y)Largest decline over 5 years | -46.59% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -59.35% | — | — |
Current DrawdownCurrent decline from peak | -12.15% | -7.84% | -4.31% |
Average DrawdownAverage peak-to-trough decline | -9.62% | -11.14% | +1.52% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.41% | 2.88% | +2.53% |
Volatility
SPUU vs. XDQQ - Volatility Comparison
Direxion Daily S&P 500 Bull 2x Shares (SPUU) has a higher volatility of 10.73% compared to Innovator Growth Accelerated ETF - Quarterly (XDQQ) at 7.13%. This indicates that SPUU's price experiences larger fluctuations and is considered to be riskier than XDQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SPUU | XDQQ | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.73% | 7.13% | +3.60% |
Volatility (6M)Calculated over the trailing 6-month period | 19.20% | 12.80% | +6.40% |
Volatility (1Y)Calculated over the trailing 1-year period | 36.23% | 21.42% | +14.81% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 33.47% | 19.95% | +13.52% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 35.72% | 19.95% | +15.77% |