QQQ vs SHPU
Invesco QQQ Trust, Series 1 vs Direxion Daily SHOP Bull 2X ETF
Which is better, QQQ or SHPU?
Large Cap Growth against Trading-Leveraged Equity.
QQQ has a lower expense ratio. QQQ 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 | QQQ | SHPU |
|---|---|---|
| Expense Ratio | 0.18%Best | 1.09% |
| AUM | $506.1B | $15M |
| Dividend Yield | 0.42% | 35.68% |
| Holdings | 321 | 20 |
| YTD Return | +19.30%Best | -15.51% |
| 1Y Return | +22.47%Best | -15.15% |
| 3Y Return (annualized) | +26.18% | - |
| 5Y Return (annualized) | +15.42% | - |
| Volatility (annualized) | 20.7%Best | 81.9% |
| Max Drawdown | -12.0%Best | -77.7% |
| $10,000 over 1.2 years | $12,958Best | $7,823 |
| Fund Family | Invesco (US) | Direxion Shares ETF Trust |
| Category | Equity | Alternative |
| Style | Large Cap Growth | Trading-Leveraged Equity |
| Inception | Mar 10, 1999 | Aug 6, 2025 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 1.2 years row, are measured over the window both funds cover: Aug 6, 2025 to Oct 14, 2026 (1.2 years).
QQQ vs SHPU 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 1.2 years both funds cover.
QQQ vs SHPU Performance
Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US) and Direxion Daily SHOP Bull 2X ETF (SHPU) is an ETF from Direxion Shares ETF Trust. Over the past year QQQ returned +22.47% while SHPU returned -15.15%. Year to date, QQQ is up 19.30% versus a loss of 15.51% for SHPU.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
SHPU has been the more volatile fund, with annualized monthly volatility of 81.9% 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 -12.0% for QQQ and -77.7% for SHPU. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.15. They move largely independently of each other.
Fees and Cost Over Time
QQQ charges 0.18% per year while SHPU charges 1.09%. On a $10,000 position that is $18 vs $109 annually, a gap of $91 per year that compounds over a long holding period. On income, QQQ currently yields 0.42% against 35.68% for SHPU.
Holdings Overlap
At least 0.8% of QQQ's money is in holdings SHPU also owns.
Stated as a floor: for SHPU, our book for it covers 61.0% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
We cannot see either book well enough to say how much of this pair is duplicated.
1 positions in common, counted across the 101 positions we hold weights for in QQQ and 4 in SHPU, against full books of 321 and 20.
Top Shared Holdings
| Stock | Weight in QQQ | Weight in SHPU | Difference |
|---|---|---|---|
| SHOP:CAShopify Inc | 0.75% | 12.29% | 11.54% |
You are not choosing between two funds in isolation.
Whichever of QQQ and SHPU 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, QQQ or SHPU?
QQQ has an expense ratio of 0.18% while SHPU charges 1.09%. QQQ is the cheaper option, by $91 a year on a $10,000 investment.
Which performed better, QQQ or SHPU?
Over the past year QQQ returned +22.47% vs -15.15% for SHPU, so QQQ leads on 1-year performance. Over the longest common window we track (1 years), QQQ annualized +24.10% vs -18.50% for SHPU. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QQQ or SHPU?
SHPU has been the more volatile fund at 81.9% annualized versus 20.7% for QQQ. Worst drawdown: QQQ -12.0% vs SHPU -77.7%.
Should I hold both QQQ and SHPU?
QQQ and SHPU have a monthly-return correlation of 0.15, 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, QQQ or SHPU?
QQQ yields 0.42% while SHPU yields 35.68%, so SHPU currently pays the higher dividend yield.
Is SHPU better than QQQ?
QQQ has a lower expense ratio. QQQ 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.