NFXS vs QQQP
Direxion Daily NFLX Bear 1X ETF vs Tradr 2X Long Innovation 100 Quarterly ETF
Which is better, NFXS or QQQP?
Each has led over a different period.
QQQP has a lower expense ratio. NFXS led over 1Y, QQQP over 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 | NFXS | QQQP |
|---|---|---|
| Expense Ratio | 1.03% | 1.00%Best |
| AUM | $3M | $14M |
| Dividend Yield | 2.41% | 0.00% |
| Holdings | 16 | 9 |
| YTD Return | +22.20% | +28.41%Best |
| 1Y Return | +61.23%Best | +32.84% |
| Volatility (annualized) | 36.6% | 35.9%Best |
| Max Drawdown | -50.4% | -42.5%Best |
| $10,000 over 2 years | $9,097 | $18,233Best |
| Fund Family | Direxion Shares ETF Trust | Tradr ETFs |
| Category | Alternative | Alternative |
| Style | Leverage Strategy | Leverage Strategy |
| Inception | Oct 3, 2024 | Sep 30, 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).
NFXS vs QQQP 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.
NFXS vs QQQP Performance
Direxion Daily NFLX Bear 1X ETF (NFXS) is an ETF from Direxion Shares ETF Trust and Tradr 2X Long Innovation 100 Quarterly ETF (QQQP) is an ETF from Tradr ETFs. Over the past year NFXS returned +61.23% while QQQP returned +32.84%. Year to date, NFXS is up 22.20% versus a gain of 28.41% for QQQP.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
NFXS has been the more volatile fund, with annualized monthly volatility of 36.6% compared with 35.9% for QQQP. 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 -50.4% for NFXS and -42.5% for QQQP. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at -0.04. They move largely independently of each other.
Fees and Cost Over Time
NFXS charges 1.03% per year while QQQP charges 1.00%. On a $10,000 position that is $103 vs $100 annually, a gap of $3 per year that compounds over a long holding period. On income, NFXS currently yields 2.41% against 0.00% for QQQP.
Holdings Overlap
We hold position weights for 3 holdings in NFXS and 1 in QQQP, totalling 79.9% and 54.0% 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 3 positions we hold weights for in NFXS and 1 in QQQP, against full books of 16 and 9.
You are not choosing between two funds in isolation.
Whichever of NFXS and QQQP 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, NFXS or QQQP?
NFXS has an expense ratio of 1.03% while QQQP charges 1.00%. QQQP is the cheaper option, by $3 a year on a $10,000 investment.
Which performed better, NFXS or QQQP?
Over the past year NFXS returned +61.23% vs +32.84% for QQQP, so NFXS leads on 1-year performance. Over the longest common window we track (2 years), NFXS annualized -4.62% vs +35.03% for QQQP. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, NFXS or QQQP?
NFXS has been the more volatile fund at 36.6% annualized versus 35.9% for QQQP. Worst drawdown: NFXS -50.4% vs QQQP -42.5%.
Should I hold both NFXS and QQQP?
NFXS and QQQP have a monthly-return correlation of -0.04, 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, NFXS or QQQP?
NFXS yields 2.41% while QQQP yields 0.00%, so NFXS currently pays the higher dividend yield.
Is QQQP better than NFXS?
QQQP has a lower expense ratio. NFXS led over 1Y, QQQP over the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.