WDCX vs. QQQP

Last updated Jun 4, 2026

WDCX (Tradr 2X Long WDC Daily ETF) and QQQP (Tradr 2X Long Triple Q Quarterly ETF) are both Leveraged Equities funds from Tradr. WDCX is passively managed, while QQQP is actively managed. A 0.56 correlation means they provide meaningful diversification when combined. WDCX charges 1.49%/yr vs 1.30%/yr for QQQP.

Performance

WDCX vs. QQQP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Tradr 2X Long WDC Daily ETF (WDCX) and Tradr 2X Long Triple Q Quarterly ETF (QQQP). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

WDCX

• 1D: 11.34%
• 1M: 74.95%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

QQQP

• 1D: -0.49%
• 1M: 18.28%
• YTD: 35.65%
• 6M: 31.31%
• 1Y: 75.29%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

WDCX vs. QQQP - Yearly Performance Comparison

	2026 (YTD)
WDCX Tradr 2X Long WDC Daily ETF	346.72%
QQQP Tradr 2X Long Triple Q Quarterly ETF	29.11%

Correlation

The correlation between WDCX and QQQP is 0.56, 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 Jan 28, 2026	0.56

Return for Risk

WDCX vs. QQQP — Risk / Return Rank

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

QQQP

QQQP Risk / Return Rank: 63
QQQP Sharpe Ratio Rank: 73
QQQP Sortino Ratio Rank: 62
QQQP Omega Ratio Rank: 60
QQQP Calmar Ratio Rank: 61
QQQP Martin Ratio Rank: 61

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.

WDCX vs. QQQP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tradr 2X Long WDC Daily ETF (WDCX) and Tradr 2X Long Triple Q Quarterly ETF (QQQP). 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

	WDCX	QQQP	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.36	—
Sharpe Ratio (All Time) Calculated using the full available price history	48.43	1.14	+47.29

Drawdowns

WDCX vs. QQQP - Drawdown Comparison

The maximum WDCX drawdown since its inception was -38.58%, smaller than the maximum QQQP drawdown of -42.50%. Use the drawdown chart below to compare losses from any high point for WDCX and QQQP.

Drawdown Indicators

	WDCX	QQQP	Difference
Max Drawdown Largest peak-to-trough decline	-38.58%	-42.50%	+3.92%
Max Drawdown (1Y) Largest decline over 1 year	—	-25.35%	—
Current Drawdown Current decline from peak	0.00%	-0.49%	+0.49%
Average Drawdown Average peak-to-trough decline	-9.67%	-7.33%	-2.34%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	6.92%	—

Volatility

Volatility by Period

	WDCX	QQQP	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	8.99%	—
Volatility (6M) Calculated over the trailing 6-month period	—	24.62%	—
Volatility (1Y) Calculated over the trailing 1-year period	148.88%	32.05%	+116.83%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	148.88%	43.80%	+105.08%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	148.88%	43.80%	+105.08%

WDCX vs. QQQP - Expense Ratio Comparison

WDCX has a 1.49% expense ratio, which is higher than QQQP's 1.30% expense ratio.

Dividends

WDCX vs. QQQP - Dividend Comparison

Neither WDCX nor QQQP has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both WDCX and QQQP in my portfolio?

WDCX and QQQP have a correlation of 0.56, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, WDCX or QQQP?

On fees, QQQP is cheaper at 1.30% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, WDCX or QQQP?

QQQP is cheaper with a 1.30% expense ratio, compared with 1.49% for WDCX.

Which ETF pays a higher dividend yield, WDCX or QQQP?

WDCX and QQQP have nearly identical dividend yields, around 0.00%.

What is the main difference between WDCX and QQQP?

Their fees differ too: 1.49% for WDCX and 1.30% for QQQP.