TTXU vs. QLD

Last updated Jun 6, 2026

TTXU (Direxion Daily Technology Top 5 Bull 2X ETF) and QLD (ProShares Ultra QQQ) are both Leveraged Equities funds - TTXU tracks the S&P 500 Information Technology Top 5 Equal Capped Index while QLD tracks the NASDAQ-100 Index (200%). Both are passively managed. A 0.77 correlation means they provide meaningful diversification when combined. TTXU charges 0.98%/yr vs 0.95%/yr for QLD.

Performance

TTXU vs. QLD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Direxion Daily Technology Top 5 Bull 2X ETF (TTXU) and ProShares Ultra QQQ (QLD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, TTXU achieves a 36.04% return, which is significantly higher than QLD's 27.20% return.

TTXU

• 1D: -14.57%
• 1M: 13.49%
• YTD: 36.04%
• 6M: 20.08%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

QLD

• 1D: -9.57%
• 1M: 1.92%
• YTD: 27.20%
• 6M: 22.35%
• 1Y: 67.86%
• 3Y*: 44.68%
• 5Y*: 23.00%
• 10Y*: 34.57%

*Multi-year figures are annualized to reflect compound growth (CAGR)

TTXU vs. QLD - Yearly Performance Comparison

	2026 (YTD)	2025
TTXU Direxion Daily Technology Top 5 Bull 2X ETF	36.04%	-15.88%
QLD ProShares Ultra QQQ	27.20%	1.69%

Correlation

The correlation between TTXU and QLD is 0.77, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (All Time) Calculated using the full available price history since Oct 2, 2025	0.77

Return for Risk

TTXU vs. QLD — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

QLD

QLD Risk / Return Rank: 56
QLD Sharpe Ratio Rank: 62
QLD Sortino Ratio Rank: 52
QLD Omega Ratio Rank: 55
QLD Calmar Ratio Rank: 56
QLD Martin Ratio Rank: 55

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

TTXU vs. QLD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Direxion Daily Technology Top 5 Bull 2X ETF (TTXU) and ProShares Ultra QQQ (QLD). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	TTXU	QLD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.05	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.51	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.78	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.36	0.58	-0.22

Drawdowns

TTXU vs. QLD - Drawdown Comparison

The maximum TTXU drawdown since its inception was -51.47%, smaller than the maximum QLD drawdown of -83.13%. Use the drawdown chart below to compare losses from any high point for TTXU and QLD.

Drawdown Indicators

	TTXU	QLD	Difference
Max Drawdown Largest peak-to-trough decline	-51.47%	-83.13%	+31.66%
Max Drawdown (1Y) Largest decline over 1 year	—	-25.13%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-42.29%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-63.68%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-63.68%	—
Current Drawdown Current decline from peak	-24.12%	-10.93%	-13.19%
Average Drawdown Average peak-to-trough decline	-22.71%	-18.17%	-4.54%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	7.23%	—

Volatility

Volatility by Period

	TTXU	QLD	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	13.48%	—
Volatility (6M) Calculated over the trailing 6-month period	—	26.19%	—
Volatility (1Y) Calculated over the trailing 1-year period	60.89%	33.33%	+27.56%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	60.89%	44.91%	+15.98%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	60.89%	44.66%	+16.23%

TTXU vs. QLD - Expense Ratio Comparison

TTXU has a 0.98% expense ratio, which is higher than QLD's 0.95% expense ratio.

Dividends

TTXU vs. QLD - Dividend Comparison

TTXU's dividend yield for the trailing twelve months is around 0.39%, more than QLD's 0.13% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
QLD ProShares Ultra QQQ	0.13%	0.17%	0.25%	0.33%	0.31%	0.00%	0.00%	0.13%	0.06%	0.02%	0.21%	0.11%
TTXU Direxion Daily Technology Top 5 Bull 2X ETF	0.39%	0.34%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both TTXU and QLD in my portfolio?

TTXU and QLD have a correlation of 0.77, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, TTXU or QLD?

On fees, QLD is cheaper at 0.95% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, TTXU or QLD?

QLD is cheaper with a 0.95% expense ratio, compared with 0.98% for TTXU.

Which ETF pays a higher dividend yield, TTXU or QLD?

TTXU has the higher dividend yield at 0.39%, compared with 0.13% for QLD.

What is the main difference between TTXU and QLD?

TTXU tracks S&P 500 Information Technology Top 5 Equal Capped Index, while QLD tracks NASDAQ-100 Index (200%). They also come from different issuers: Direxion and ProShares. Their fees differ too: 0.98% for TTXU and 0.95% for QLD.