MQQQ vs NFXL
Tradr 2X Long Innovation 100 Monthly ETF vs Direxion Daily NFLX Bull 2X ETF
Which is better, MQQQ or NFXL?
MQQQ has been ahead.
MQQQ has a lower expense ratio. MQQQ led over 1Y 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 | MQQQ | NFXL |
|---|---|---|
| Expense Ratio | 1.03%Best | 1.05% |
| AUM | $260M | $142M |
| Dividend Yield | 1.52% | 12.68% |
| Holdings | 9 | 20 |
| YTD Return | +29.03%Best | -50.01% |
| 1Y Return | +33.36%Best | -73.79% |
| Volatility (annualized) | 37.2%Best | 72.3% |
| Max Drawdown | -42.2%Best | -81.4% |
| $10,000 over 2 years | $18,510Best | $6,268 |
| Fund Family | Tradr ETFs | Direxion Shares ETF Trust |
| Category | Alternative | Alternative |
| Style | Leverage Strategy | Leverage Strategy |
| Inception | Sep 3, 2024 | Oct 3, 2024 |
Not shown on this pair: 3Y Return (annualized), 5Y Return (annualized), Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2 years row, are measured over the window both funds cover: Oct 3, 2024 to Oct 14, 2026 (2 years).
MQQQ vs NFXL 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 2 years both funds cover.
MQQQ vs NFXL Performance
Tradr 2X Long Innovation 100 Monthly ETF (MQQQ) is an ETF from Tradr ETFs and Direxion Daily NFLX Bull 2X ETF (NFXL) is an ETF from Direxion Shares ETF Trust. Over the past year MQQQ returned +33.36% while NFXL returned -73.79%. Year to date, MQQQ is up 29.03% versus a loss of 50.01% for NFXL.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
NFXL has been the more volatile fund, with annualized monthly volatility of 72.3% compared with 37.2% for MQQQ. 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 -42.2% for MQQQ and -81.4% for NFXL. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.07. They move largely independently of each other.
Fees and Cost Over Time
MQQQ charges 1.03% per year while NFXL charges 1.05%. On a $10,000 position that is $103 vs $105 annually, a gap of $2 per year that compounds over a long holding period. On income, MQQQ currently yields 1.52% against 12.68% for NFXL.
Holdings Overlap
We hold position weights for 1 holding in MQQQ and 4 in NFXL, totalling 55.5% and 33.8% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 1 positions we hold weights for in MQQQ and 4 in NFXL, against full books of 9 and 20.
You are not choosing between two funds in isolation.
Whichever of MQQQ and NFXL you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, MQQQ or NFXL?
MQQQ has an expense ratio of 1.03% while NFXL charges 1.05%. MQQQ is the cheaper option, by $2 a year on a $10,000 investment.
Which performed better, MQQQ or NFXL?
Over the past year MQQQ returned +33.36% vs -73.79% for NFXL, so MQQQ leads on 1-year performance. Over the longest common window we track (2 years), MQQQ annualized +36.05% vs -20.83% for NFXL. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, MQQQ or NFXL?
NFXL has been the more volatile fund at 72.3% annualized versus 37.2% for MQQQ. Worst drawdown: MQQQ -42.2% vs NFXL -81.4%.
Should I hold both MQQQ and NFXL?
MQQQ and NFXL have a monthly-return correlation of 0.07, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, MQQQ or NFXL?
MQQQ yields 1.52% while NFXL yields 12.68%, so NFXL currently pays the higher dividend yield.
Is NFXL better than MQQQ?
MQQQ has a lower expense ratio. MQQQ led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.