HIBL vs QQQ
Direxion Daily S&P 500 High Beta Bull 3X ETF vs Invesco QQQ Trust, Series 1
Which is better, HIBL or QQQ?
Trading-Leveraged Equity against Large Cap Growth.
QQQ has a lower expense ratio. HIBL led over 1Y and 3Y, QQQ over 5Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | HIBL | QQQ |
|---|---|---|
| Expense Ratio | 0.98% | 0.18%Best |
| AUM | $77M | $506.1B |
| Dividend Yield | 1.36% | 0.42% |
| Holdings | 216 | 321 |
| YTD Return | +37.16%Best | +19.30% |
| 1Y Return | +62.97%Best | +22.47% |
| 3Y Return (annualized) | +53.75%Best | +26.18% |
| 5Y Return (annualized) | +7.38% | +15.42%Best |
| Volatility (annualized) | 87.8% | 20.7%Best |
| Max Drawdown | -88.4% | -35.1%Best |
| $10,000 over 5 years | $14,276 | $20,484Best |
| Fund Family | Direxion Shares ETF Trust | Invesco (US) |
| Category | Alternative | Equity |
| Style | Trading-Leveraged Equity | Large Cap Growth |
| Inception | Nov 7, 2019 | Mar 10, 1999 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Nov 7, 2019 to Oct 14, 2026 (6.9 years).
HIBL vs QQQ growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 6.9 years both funds cover.
HIBL vs QQQ Performance
Direxion Daily S&P 500 High Beta Bull 3X ETF (HIBL) is an ETF from Direxion Shares ETF Trust and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year HIBL returned +62.97% while QQQ returned +22.47%. Year to date, HIBL is up 37.16% versus a gain of 19.30% for QQQ.
Over three years, HIBL compounded at +53.75% per year against +26.18% for QQQ; over five years the annualized figures are +7.38% and +15.42% respectively. Across the full 7-year window we track, QQQ has the edge at +21.05% annualized vs +15.65%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
HIBL has been the more volatile fund, with annualized monthly volatility of 87.8% compared with 20.7% for QQQ. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -88.4% for HIBL and -35.1% for QQQ. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.79. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
HIBL charges 0.98% per year while QQQ charges 0.18%. On a $10,000 position that is $98 vs $18 annually, a gap of $80 per year that compounds over a long holding period. On income, HIBL currently yields 1.36% against 0.42% for QQQ.
Holdings Overlap
At least 50.5% of QQQ's money is in holdings HIBL also owns.
Only one direction is shown: for HIBL, our book for it lists positions totalling 106.1% of the fund, which is what a leveraged book looks like and is not a denominator we can divide by.
The two portfolios partly overlap.
29 positions in common, counted across the 101 positions we hold weights for in HIBL and 101 in QQQ, against full books of 216 and 321.
Top Shared Holdings
| Stock | Weight in HIBL | Weight in QQQ | Difference |
|---|---|---|---|
| NVDANvidia Corp | 0.65% | 8.33% | 7.68% |
| MUMicron Technology, Inc. | 1.31% | 5.02% | 3.71% |
| AMDAdvanced Micro Devices Inc | 1.35% | 4.17% | 2.82% |
| AMZNAmazon.Com Inc | 0.47% | 4.07% | 3.60% |
| METAMeta Platforms Inc | 0.58% | 3.26% | 2.68% |
| INTCIntel Corporation | 1.08% | 2.64% | 1.56% |
| TSLATesla Inc | 0.82% | 2.82% | 2.00% |
| GOOGAlphabet Inc. C | 0.44% | 2.85% | 2.41% |
| AVGOBroadcom Inc | 0.60% | 2.53% | 1.93% |
| LRCXLam Research Corp | 1.11% | 1.72% | 0.61% |
50.5% of QQQ is already inside HIBL.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, HIBL or QQQ?
HIBL has an expense ratio of 0.98% while QQQ charges 0.18%. QQQ is the cheaper option, by $80 a year on a $10,000 investment.
Which performed better, HIBL or QQQ?
Over the past year HIBL returned +62.97% vs +22.47% for QQQ, so HIBL leads on 1-year performance. Over the longest common window we track (7 years), HIBL annualized +15.65% vs +21.05% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, HIBL or QQQ?
HIBL has been the more volatile fund at 87.8% annualized versus 20.7% for QQQ. Worst drawdown: HIBL -88.4% vs QQQ -35.1%.
Should I hold both HIBL and QQQ?
HIBL and QQQ have a monthly-return correlation of 0.79, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
What is the holdings overlap between HIBL and QQQ?
At least 50.5% of QQQ's money is in holdings HIBL also owns. Our book for HIBL is partial, so the real figure is this or higher. They hold 29 positions in common, counted across the 101 positions we hold weights for in HIBL and 101 in QQQ.
Which pays a higher dividend, HIBL or QQQ?
HIBL yields 1.36% while QQQ yields 0.42%, so HIBL currently pays the higher dividend yield.
Is QQQ better than HIBL?
QQQ has a lower expense ratio. HIBL led over 1Y and 3Y, QQQ over 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.