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QQQ vs. TSLL
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

QQQ vs. TSLL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco QQQ (QQQ) and Direxion Daily TSLA Bull 1.5X Shares (TSLL). The values are adjusted to include any dividend payments, if applicable.

0.00%50.00%100.00%150.00%200.00%JuneJulyAugustSeptemberOctoberNovember
11.25%
193.68%
QQQ
TSLL

Returns By Period

In the year-to-date period, QQQ achieves a 23.40% return, which is significantly lower than TSLL's 51.16% return.


QQQ

YTD

23.40%

1M

1.56%

6M

10.75%

1Y

30.41%

5Y (annualized)

20.90%

10Y (annualized)

18.08%

TSLL

YTD

51.16%

1M

123.23%

6M

172.44%

1Y

56.54%

5Y (annualized)

N/A

10Y (annualized)

N/A

Key characteristics


QQQTSLL
Sharpe Ratio1.710.53
Sortino Ratio2.291.64
Omega Ratio1.311.20
Calmar Ratio2.190.78
Martin Ratio7.951.68
Ulcer Index3.73%36.82%
Daily Std Dev17.38%117.42%
Max Drawdown-82.98%-81.21%
Current Drawdown-2.13%-16.36%

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QQQ vs. TSLL - Expense Ratio Comparison

QQQ has a 0.20% expense ratio, which is lower than TSLL's 1.08% expense ratio.


TSLL
Direxion Daily TSLA Bull 1.5X Shares
Expense ratio chart for TSLL: current value at 1.08% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.08%
Expense ratio chart for QQQ: current value at 0.20% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.20%

Correlation

-0.50.00.51.00.6

The correlation between QQQ and TSLL is 0.57, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Risk-Adjusted Performance

QQQ vs. TSLL - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco QQQ (QQQ) and Direxion Daily TSLA Bull 1.5X Shares (TSLL). 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.


Sharpe ratio
The chart of Sharpe ratio for QQQ, currently valued at 1.71, compared to the broader market0.002.004.001.710.53
The chart of Sortino ratio for QQQ, currently valued at 2.29, compared to the broader market-2.000.002.004.006.008.0010.0012.002.291.64
The chart of Omega ratio for QQQ, currently valued at 1.31, compared to the broader market0.501.001.502.002.503.001.311.20
The chart of Calmar ratio for QQQ, currently valued at 2.19, compared to the broader market0.005.0010.0015.002.190.78
The chart of Martin ratio for QQQ, currently valued at 7.95, compared to the broader market0.0020.0040.0060.0080.00100.007.951.68
QQQ
TSLL

The current QQQ Sharpe Ratio is 1.71, which is higher than the TSLL Sharpe Ratio of 0.53. The chart below compares the historical Sharpe Ratios of QQQ and TSLL, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Rolling 12-month Sharpe Ratio-1.000.001.002.003.00JuneJulyAugustSeptemberOctoberNovember
1.71
0.53
QQQ
TSLL

Dividends

QQQ vs. TSLL - Dividend Comparison

QQQ's dividend yield for the trailing twelve months is around 0.60%, less than TSLL's 3.02% yield.


TTM20232022202120202019201820172016201520142013
QQQ
Invesco QQQ
0.60%0.62%0.80%0.43%0.55%0.74%0.91%0.84%1.06%0.99%1.41%1.02%
TSLL
Direxion Daily TSLA Bull 1.5X Shares
3.02%4.43%1.58%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Drawdowns

QQQ vs. TSLL - Drawdown Comparison

The maximum QQQ drawdown since its inception was -82.98%, roughly equal to the maximum TSLL drawdown of -81.21%. Use the drawdown chart below to compare losses from any high point for QQQ and TSLL. For additional features, visit the drawdowns tool.


-80.00%-60.00%-40.00%-20.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-2.13%
-16.36%
QQQ
TSLL

Volatility

QQQ vs. TSLL - Volatility Comparison

The current volatility for Invesco QQQ (QQQ) is 5.66%, while Direxion Daily TSLA Bull 1.5X Shares (TSLL) has a volatility of 55.09%. This indicates that QQQ experiences smaller price fluctuations and is considered to be less risky than TSLL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%10.00%20.00%30.00%40.00%50.00%60.00%JuneJulyAugustSeptemberOctoberNovember
5.66%
55.09%
QQQ
TSLL