QQQ vs WANT
Invesco QQQ Trust, Series 1 vs Direxion Daily Consumer Discretionary Bull 3X ETF
Which is better, QQQ or WANT?
Large Cap Growth against Trading-Leveraged Equity.
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y, 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 | QQQ | WANT |
|---|---|---|
| Expense Ratio | 0.18%Best | 0.97% |
| AUM | $506.1B | $18M |
| Dividend Yield | 0.42% | 1.08% |
| Holdings | 321 | 108 |
| YTD Return | +19.30%Best | -28.04% |
| 1Y Return | +22.47%Best | -28.92% |
| 3Y Return (annualized) | +26.18%Best | +10.84% |
| 5Y Return (annualized) | +15.42%Best | -13.28% |
| Volatility (annualized) | 20.5%Best | 69.7% |
| Max Drawdown | -35.1%Best | -85.9% |
| $10,000 over 5 years | $20,484Best | $4,905 |
| Fund Family | Invesco (US) | Direxion Shares ETF Trust |
| Category | Equity | Alternative |
| Style | Large Cap Growth | Trading-Leveraged Equity |
| Inception | Mar 10, 1999 | Nov 29, 2018 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Nov 29, 2018 to Oct 14, 2026 (7.9 years).
QQQ vs WANT 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 7.9 years both funds cover.
QQQ vs WANT Performance
Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US) and Direxion Daily Consumer Discretionary Bull 3X ETF (WANT) is an ETF from Direxion Shares ETF Trust. Over the past year QQQ returned +22.47% while WANT returned -28.92%. Year to date, QQQ is up 19.30% versus a loss of 28.04% for WANT.
Over three years, QQQ compounded at +26.18% per year against +10.84% for WANT; over five years the annualized figures are +15.42% and -13.28% respectively. Across the full 8-year window we track, QQQ has the edge at +20.99% annualized vs +4.76%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
WANT has been the more volatile fund, with annualized monthly volatility of 69.7% compared with 20.5% 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 -35.1% for QQQ and -85.9% for WANT. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.85. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
QQQ charges 0.18% per year while WANT charges 0.97%. On a $10,000 position that is $18 vs $97 annually, a gap of $79 per year that compounds over a long holding period. On income, QQQ currently yields 0.42% against 1.08% for WANT.
Holdings Overlap
At least 9.4% of QQQ's money is in holdings WANT also owns.
Stated as a floor: for WANT, our book for it covers 31.6% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
QQQ and WANT share little of their money.
9 positions in common, counted across the 101 positions we hold weights for in QQQ and 49 in WANT, against full books of 321 and 108.
Top Shared Holdings
| Stock | Weight in QQQ | Weight in WANT | Difference |
|---|---|---|---|
| AMZNAmazon.Com Inc | 4.07% | 5.07% | 1.00% |
| TSLATesla Motors Inc | 2.82% | 3.84% | 1.02% |
| BKNGPriceline.com, Inc. | 0.51% | 0.73% | 0.22% |
| SBUXStarbucks Corp | 0.45% | 0.66% | 0.21% |
| MARMarriott International, Inc. | 0.39% | 0.46% | 0.07% |
| ROSTRoss Stores, Inc. | 0.31% | 0.46% | 0.15% |
| DASHDoordash Inc - A | 0.31% | 0.42% | 0.11% |
| ORLYO'Eilly Automotive, Inc. | 0.29% | 0.42% | 0.13% |
| ABNBAirbnb Inc | 0.28% | 0.41% | 0.13% |
You are not choosing between two funds in isolation.
Whichever of QQQ and WANT 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 WANT?
QQQ has an expense ratio of 0.18% while WANT charges 0.97%. QQQ is the cheaper option, by $79 a year on a $10,000 investment.
Which performed better, QQQ or WANT?
Over the past year QQQ returned +22.47% vs -28.92% for WANT, so QQQ leads on 1-year performance. Over the longest common window we track (8 years), QQQ annualized +20.99% vs +4.76% for WANT. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QQQ or WANT?
WANT has been the more volatile fund at 69.7% annualized versus 20.5% for QQQ. Worst drawdown: QQQ -35.1% vs WANT -85.9%.
Should I hold both QQQ and WANT?
QQQ and WANT have a monthly-return correlation of 0.85, 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 QQQ and WANT?
At least 9.4% of QQQ's money is in holdings WANT also owns. Our book for WANT is partial, so the real figure is this or higher. They hold 9 positions in common, counted across the 101 positions we hold weights for in QQQ and 49 in WANT.
Which pays a higher dividend, QQQ or WANT?
QQQ yields 0.42% while WANT yields 1.08%, so WANT currently pays the higher dividend yield.
Is WANT better than QQQ?
QQQ has a lower expense ratio. QQQ led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.